Eight small businesses in the electronics industry from Rochester, NY were studied inorder to determine whether the European Union’s directives, Waste Electrical andElectronic Equipment (WEEE) and Restriction of Hazardous Substances Directives(RoHS) are spurring innovation in the US....

The European Waste Electrical and Electronic Equipment (WEEE) directive is due to impactcompanies in the United Kingdom from January 2006 (Tollady, 2005). A key aim of thislegislation is to reduce the environmental impact of electrical and electronic products by makingproducers responsible for...

Pigouvian taxes are typically imposed in situations where there is imperfect knowledge on the extent of damage caused by a producing firm. A regulator imposing imperfectly informed Pigouvian taxes may cause the firms that should (should not) produce to shut down (produce). In this paper we use a...

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...

This paper analyzes optimal pricing for information goods underincomplete information, when both unlimited-usage (fixed-fee) pricingand usage-based pricing are feasible and administering usage-basedpricing may involve transaction costs. It is shown that offeringfixed-fee pricing in addition to a...

We present a framework for measuring software quality using pricing anddemand data, and empirical estimates that quantify the extent of qualitydegradation associated with software ver- sioning. Using a 7-month,108-product panel of software sales from Amazon.com, we document theextent to which...

A rather neglected issue in the tax competition literature is the dependence of equilibrium outcomes on the presence of firms and shoppers (two-sided markets). Making use of a model of vertical and horizontal differentiation, within which jurisdictions compete by providing public goods and...

This paper presents a theoretical economic model assessing the effect of the level of mandatory geneticallymodified (GM) / non-GM coexistence regulations on market and welfare outcome. We assumevertical differentiation of GM and non-GM goods on the consumer side. Producers are heterogeneousin...