Electricity availability and stability have a great contributory share of industrialization growth rate, poverty statistics, unemployment, foreign investors' participation, medium and small scale encouragement, crime and mortality rates recorded in any country. Nigeria as a country has been...

New network technologies constantly seek to displace incumbents. Their success depends on technological superiority, the size of the incumbent's installed base, users' adoption behaviors, and various other factors. The goal of this paper is to develop an understanding of competition between...

New network technologies constantly seek to displace incumbents. Their success depends on technological superiority, the size of the incumbent’s installed base, users’ adoption behaviors, and various other factors. The goal of this paper is to develop an understanding of competition between...

Die vorliegende Arbeit liefert über eine agency-theoretische Analyse für alternative Produktmarktbedingungen Erkenntnisse zu den Eigenschaften optimaler linearer Anreizsysteme auf Basis einer relativen Performancebewertung im duopolistischen Wettbewerb. Gegenstand der Analyse ist insbesondere...

Urban traffic congestion is recognised as a major problem by most people in world cities. However, theimplementation of congestion reducing measures on a wide scale eludes most world cities suffering fromtraffic congestion, as many oppose the notion of road pricing and despite economists and...

In this paper, a dynamic general equilibrium (DGE) model of growth–inequality relationships, with missing credit markets, knowledge spillover and self-employed agents, is calibrated to New Zealand data. The model explains how two distinct policy shocks involving redistribution and immigration...

Diese Arbeit versucht, die wirtschaftliche Bedeutung der globalen Erwärmung zu erklären und die Lösung dieses Problems zu finden. Die globale Erwärmung als länderübergreifendes Problems kann durch das marktwirtschaftliche Preissystem gelöst werden, besonders durch den internationalen...

Market failures associated with environmental pollution interact with market failures associated with the innovation and diffusion of new technologies. These combined market failures provide a strong rationale for a portfolio of public policies that foster emissions reduction as well as the...