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When inefficiency begets efficiency
Gersbach, Hans; Haller, Hans - 2004
Collective consumption decisions taken by the members of a household may prove inefficient. The impact on market performance depends on whether household inefficiencies are caused by inefficient net trades with the market or by inefficient distribution of resources within households. Inefficient...
Persistent link: https://www.econbiz.de/10011399478
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When inefficiency begets efficiency
Gersbach, Hans; Haller, Hans - 2003
Persistent link: https://www.econbiz.de/10001744800
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When inefficiency begets efficiency
Gersbach, Hans; Haller, Hans - 2003
inefficient household decisions on market performance is investigated. At one extreme, market efficiency can occur even when … market. At the other extreme, market efficiency is bound to fail, if household inefficiencies are solely caused by an … stability requires efficient or not too inefficient internal distribution. -- allocative efficiency ; general equilibrium …
Persistent link: https://www.econbiz.de/10009725479
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Household inefficiency and equilibrium efficiency
Gersbach, Hans; Haller, Hans - In: Institutions, equilibria and efficiency : essays in …, (pp. 187-209). 2006
Persistent link: https://www.econbiz.de/10003371922
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A development-compatible refunding scheme for a climate treaty
Gersbach, Hans; Hummel, Noemi - In: Resource and energy economics 44 (2016), pp. 139-168
Persistent link: https://www.econbiz.de/10011776237
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Vote-buying and growth
Gersbach, Hans; Mühe, Felix - In: Macroeconomic dynamics 15 (2011) 5, pp. 656-680
Persistent link: https://www.econbiz.de/10009505803
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Vote-buying and growth
Gersbach, Hans; Mühe, Felix - 2008
Vote-buying is widely used by parties in developing countries to influence the outcome of elections. We examine the impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show that vote-buying contributes to the persistence of poverty...
Persistent link: https://www.econbiz.de/10003762209
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On efficient firm formation
Gersbach, Hans; Haller, Hans - In: Mathematical social sciences 107 (2020), pp. 1-12
Persistent link: https://www.econbiz.de/10012434260
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Climate policy and development
Gersbach, Hans; Hummel, Noemi - 2009
We propose a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...
Persistent link: https://www.econbiz.de/10010265998
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Climate policy and development
Gersbach, Hans; Hummel, Noemi - 2009
We propose a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...
Persistent link: https://www.econbiz.de/10003888042