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Persistent link: https://www.econbiz.de/10010259899
paid by the winner. We study the impact of these price-externalities on the first-price auction and the second … independently from the identity of the winner. We prove that the first-price auction is not affected by this kind of price-externalities … by the presence of such price-externalities. In any case, in comparison with the first-price auction, the second …
Persistent link: https://www.econbiz.de/10011591224
We show that bounds like those of Al-Najjar and Smorodinsky (J. Econ. Theory, 2000) as well as of Gradwohl et al. (Math …
Persistent link: https://www.econbiz.de/10009236970
We consider a general screening model with payoff externalities and type-dependent feasibility constraints. The …
Persistent link: https://www.econbiz.de/10012707951
Persistent link: https://www.econbiz.de/10001753224
paid by the winner. We study the impact of these price-externalities on the first-price auction and the second … independently from the identity of the winner. We prove that the first-price auction is not affected by this kind of price-externalities … by the presence of such price-externalities. In any case, in comparison with the first-price auction, the second …
Persistent link: https://www.econbiz.de/10011325066
Persistent link: https://www.econbiz.de/10003989224
Carbon leakage is one of the major issues facing policymakers today when designing environmental regulation. While the empirical and trade literature on carbon leakage is rich, much less is known about the implications of carbon leakage risk on optimal regulatory policies under asymmetric...
Persistent link: https://www.econbiz.de/10014389026
whole tax system is affected by the externalities caused by the consumption of positional goods, notably also the taxes on …
Persistent link: https://www.econbiz.de/10011344843
This paper analyzes incentives for polluting firms to exchange abatement cost information under the non-linear pollution tax scheme ( differential tax') introduced by Kim and Chang [J. Regul. Econom. 5, 1993, 193-197]. It shows that polluting firms have - under mild conditions - an incentive to...
Persistent link: https://www.econbiz.de/10011606870