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(Self-) Enforcement of Joint Implementation and Clean Development Mechanism Contracts

Janssen, Josef - 1999

burdened with problems of contract enforcement, which prevent the realisation of efficiency gains associated with these … the project host if he breaches the contract may serve this purpose. The effective level of punishment is derived. The … second option involves strategic delegation of contract implementation to a third party operating under the same jurisdiction …

Persistent link: https://www.econbiz.de/10011608478

Past performance evaluation in repeated procurement: A simple model of handicapping

Albano, Gian Luigi; Cesi, Berardino - 2008

. We consider a stylized repeated procurement framework in which a buyer awards a contract over time to two firms with …

Persistent link: https://www.econbiz.de/10010270926

Contracting for impure public goods: Carbon offsets and additionality

Mason, Charles F.; Plantinga, Andrew J. - 2011

Governments contracting with private agents for the provision of an impure public good must contend with agents who would potentially supply the good absent any payments. This additionality problem is centrally important in the use of carbon offsets as part of climate change mitigation....

Persistent link: https://www.econbiz.de/10010325616

Cost Uncertainty and Time Overruns in Public Procurement: a Scoring Auction for a Contract with Delay Penalties

Dosi, Cesare; Moretto, Michele - 2017

suppliers, facing variable production costs, must simultaneously report the contract price and the cost level at which they …

Persistent link: https://www.econbiz.de/10011662412

Procurement with unenforceable contract time and the law of liquidated damages

Dosi, Cesare; Moretto, Michele - 2012

. By exploiting the real-option approach, we examine how the inability to force sellers to meet the contract time … when the contract does not provide for any compensation for late-delivery. …

Persistent link: https://www.econbiz.de/10010282956

A Theory of Strategic Diffusion

Goyal, Sanjeev; Galeotti, Andrea - 2007

The important role of friends, neighbors and colleagues in shaping individual choices has been brought out in a number of studies over the years. The presence of significant 'local' influence in shaping individual behavior suggests that firms, governments and developmental agencies should...

Persistent link: https://www.econbiz.de/10010312315

Profit sharing under the threat of nationalization

Di Corato, Luca - 2010

A government bargains a mutually convenient agreement with a multinational corporation to extract a natural resource. The corporation bears the initial investment and earns as a return a share on the profits. The host country provides access and guarantee conditions of operation. Being the...

Persistent link: https://www.econbiz.de/10010272509

Real Options Analysis of Fishing Fleet Dynamics: A Test

Bosetti, Valentina; Tomberlin, David - 2004

This paper develops and tests a dynamic optimization model of fishermen's investment behavior in a limited-entry fishery. Because exit from limited-entry fisheries may be irreversible, the fisherman has an incentive to maintain the right to fish (whether by actually fishing or by purchasing an...

Persistent link: https://www.econbiz.de/10011324981

Inducing environmental co-operation by the design of emission permits

Ohl, Cornelia - 2002

Strategies of international risk management, as the implementation of tradable emission permits, feed back to the incentive structure of a treaty, like the Kyoto Protocol. Discussing the Kyoto Protocol the question was: Should there be any restrictions on the trading of emission permits or not?...

Persistent link: https://www.econbiz.de/10011335714

Input use and capacity constraint under uncertainty: The case of irrigation

Bontems, Philippe; Favard, Pascal - 2002

In this paper we consider a two periods model of cropping using irrigation. The farmer takes two kind of decisions, one related to the level of investment in irrigation capacity and the other one to the irrigation level in each period. In the first period, decisions are taken under uncertainty...

Persistent link: https://www.econbiz.de/10011335744