This paper discusses the merits and limits of the recent European energy policy aimed at reducing carbon emissions, devoting particular attention to the European trading system of carbon permits and to the measures that the European Union has adopted to promote renewable energy sources. From the...

The paper deals with development of a general theory of the firm. It discusses the demand for such a theory, reviews existing approaches to its generalization, and offers a new variant of general theory of the firm based on the contract theory. The theory is based on minimization of...

The end ofWorld War II marked the birth of the modern chemical industry. From that time synthetic rubbers, fibers, and complex organohalogens have been produced in large commercial quan- tities, such that each member of modern society is exposed to chemicals of exotic physiocheniical activity....

The end ofWorld War II marked the birth of the modern chemical industry. From that time synthetic rubbers, fibers, and complex organohalogens have been produced in large commercial quan- tities, such that each member of modern society is exposed to chemicals of exotic physiocheniical activity....