paid by the winner. We study the impact of these price-externalities on the first-price auction and the second … independently from the identity of the winner. We prove that the first-price auction is not affected by this kind of price-externalities … by the presence of such price-externalities. In any case, in comparison with the first-price auction, the second …

exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide … the two typologies of actors. -- Foreign Direct Investments ; Environmental Negative Externalities ; Structural Changes …

We put forward a model of private goods with externalities. Agents derive benefit from communicating with each other …

among the heaviest drinkers – the group who, at the margin, are likely to create the largest externalities from drinking … price floor outperforms an ethanol tax. However, more flexible tax systems can achieve similar reductions in externalities …

This paper investigates the interplay of trade and terrorism externalities under free trade between a developed nation …

the related coping strategies produce some kind of externalities toward others. Whether they are positive or negative, the … presence of externalities may lead the system towards Pareto-dominated states. In this work, we study under and over … externalities to other agents. We distinguish adaptation technologies between maladaptation and mitigation ones, depending on the …

externalities. Policy effectiveness depends on whether the measure achieves large reductions in the most socially costly consumption …