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We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
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This study investigates the role of technological innovation in increasing the effectiveness of the Kyoto Protocol in … as a measure of innovation are obtained from 54 countries for the period 1990-2015 to verify whether technological … innovation is effective in reducing GHG emissions and whether it has a significant synergetic relationship with the Kyoto …
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