Showing 1 - 10 of 148
In this paper we present a microsimulation model to calculate the effects of hypothetical ex-ante price changes in the Spanish energy domain. The model rests on our prior estimation of a demand system which is especially designed for simultaneous analysis of different energy goods and uses...
Persistent link: https://www.econbiz.de/10010312394
This paper shows that cities made more compact by transportation taxation are more robust than spread-out cities to shocks in transportation costs. Such a shock, indeed, entails negative transition effects that are caused by housing infrastructure inertia and are magnified in low-density cities....
Persistent link: https://www.econbiz.de/10010312425
market is modelled with a cartel (OPEC) and a competitive fringe on the supply side, following a Nash-Cournot approach. An …
Persistent link: https://www.econbiz.de/10011608453
We illustrate one way in which a population of boundedly rational individuals can learn to play an approximate Nash equilibrium. Players are assumed to make strategy choices using a combination of imitation and innovation. We begin by looking at an imitation dynamic and provide conditions under...
Persistent link: https://www.econbiz.de/10011324955
A tragedy of the commons appears when the users of a common resource have incentives to exploit it more than the socially efficient level. We analyze the situation when the tragedy of the commons is embedded in a network of users and sources. Users play a game of extractions, where they decide...
Persistent link: https://www.econbiz.de/10010270955
This paper investigates the linkages between the environment, income and migration, exploring the role that … allows for the estimation of a migration decision function in two stages, relating migration to income and the environment …, and accounting for the self-selection of migrants. The model in fact consists of two income equations, which explain …
Persistent link: https://www.econbiz.de/10011608457
The state of anomie that has characterised and still characterises most Latin American countries, resulting from the fragmentation of the social fabric, has encouraged the rise of successful personalist leaderships in the '90s. This paper aims at investigating how neopopulism developed in Latin...
Persistent link: https://www.econbiz.de/10010312402
with observations of income, tax rate, and road usage to estimate the economic value of a statistical accident avoided …
Persistent link: https://www.econbiz.de/10011662425
This paper evaluates the effects of the lack of regulatory commitment on emission tax applied by the regulator, abatement effort made by the monopoly and social welfare comparing two alternative policy games. The first game assumes that the regulator commits to an ex-ante level of the emission...
Persistent link: https://www.econbiz.de/10011586850
show that second-best requires a lower than the Pigouvian tax, and a higher than "first-best" labour income tax. Starting … the additional revenues to reduce labour income tax. This revenue recycling policy has three effects: the positive … presence of uncertainty, we find that the revenue recycling effect is negative if labour income tax is below second best, due …
Persistent link: https://www.econbiz.de/10011608315