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This paper presents an examination of the socially efficient formation of environmental R&D in Cournot duopoly in a setting where a regulator has no precommitment ability for an emission tax. The results reveal that if the environmental damage is slight, alternatively, given severe environmental...
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The effect of marriage on productivity and wages has been long debated. A difficulty in estimating the effect of … marriage on productivity is the lack of data that contain measures of both marital status and exogenous productivity. We fill … between individual measures of productivity and marriage, yet, wages are up to 15 percent higher for some married players. We …
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We study the impact of research collaborations in coauthorship networks on research output and how optimal funding can maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors but also to researchers indirectly linked to them....
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