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The large-scale diffusion of Carbon Capture and Storage (CCS) imposes the construction of a sizeable CO2 pipeline infrastructure. This paper analyzes the conditions for a widespread adoption of CCS by a group of emitters that can be connected to a common pipeline system. It details a...
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to the performance of its role. Goodhart addresses the questions of deposit insurance and takes up the "club theory …
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In an incomplete contract framework, I analyse how a club chooses its enlargement strategy in the presence of congestion. The club faces two waves of applicants. The applicants are homogeneous within each wave but differ in their conformity to the club's standards across waves. For each wave,...
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sind. Der gewählte Analyseansatz greift auf positive und normative Hinweise der Club Theorie zurück. Es wird zunächst … draws on positive and normative hints from club theory. The paper provides an analytical approach to determine ex-ante the …
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club theory of religion. Analysis of the 2005 Baylor Religion reveals a bimodal distribution of religious commitment in the … US. International survey data reveals bimodal distributions in twenty-eight of thirty surveyed countries. The club theory …
Persistent link: https://www.econbiz.de/10005790044
We develop an incomplete contract model to analyse the enlargement strategy of a club. An applicant is characterized by his wealth and the degree of conformity with the club standard. The club gains only from a fully reformed new member, but reform is costly. The club chooses between early...
Persistent link: https://www.econbiz.de/10005791969
club theory of religion. Analysis of the 2005 Baylor University Religion Survey reveals a bimodal distribution of religious … countries. The club theory of religion, when applied in a multi-agent model, generates bimodal distributions of religious …
Persistent link: https://www.econbiz.de/10008505648