After describing the essential features of the book market, a welfare analysis of the fixed book price agreement is … depresses book sales. However, more titles will be published, particularly of books with low price elasticity and that take a … book price agreement, which makes it difficult to evaluate its success and contributes to it being treated as a dogma in …

the damage ratio is gradually resolved over time, this only slows down the price rise. Third, if CCS is allowed for, the … optimal CO2 price will rise before it declines but this decline does not occur until more than two centuries ahead. Fourth … CO2 prices upfront is an artefact of failing to separate out renewable energy subsidies from the carbon price. Finally …