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Disposal of Petroleum Installations - Major Policy Issues
Osmundsen, Petter; Tveteras, Ragnar - 2021
Following the Brent Spar controversy, the OSPAR countries reached a unanimous agreement in 1998 for the future rules for disposal of petroleum installations. The vast majority of existing offshore installations will be re-used or returned to shore for recycling or disposal. For installations...
Persistent link: https://www.econbiz.de/10013321083
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Disposal of petroleum installations : major policy issues
Osmundsen, Petter; Tveterås, Ragnar - 2000
Following the Brent Spar controversy, the OSPAR countries reached a unanimous agreement in 1998 for the future rules for disposal of petroleum installations. The vast majority of existing offshore installations will be re-used or returned to shore for recycling or disposal. For installations...
Persistent link: https://www.econbiz.de/10009781556
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Incentives and Implementation in Allocation Problems with Externalities
Fonseca-Mairena, María Haydée - 2020
We study the implementation of social choice rules in environments with externalities. We prove the impossibility of implementing efficient and α-individually rational rules in dominant strategies. We prove that the α-core is implementable in Nash equilibrium under mild restrictions and it is...
Persistent link: https://www.econbiz.de/10012824212
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Dynamic Resource Allocation with Cost Externality
Zhao, Hao - 2021
The inter-temporal resource allocation efficiency of a property rights-based common-pool resource system is challenged … resource allocation model to illustrate the efficiency loss from a standard property rights market. We then create a novel … inter-temporal allocation mechanism that preserves dynamic efficiency. Our dynamic resource allocation mechanism includes an …
Persistent link: https://www.econbiz.de/10013212061
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Ex Ante Investments and Ex Post Externalities
Bebchuk, Lucian A. - 2009
right or a liability rule? This paper focuses on how the allocation of entitlements affects ex ante investments and actions …. Even when ex post bargaining is easy, the ex post allocation of entitlements, by affecting the distribution of ex post …
Persistent link: https://www.econbiz.de/10014121292
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Bidding among friends and enemies
Ettinger, David - 2003
We consider an auction setting in which potential buyers, even if they fail to obtain the good, care about the price paid by the winner. We study the impact of these price-externalities on the first-price auction and the second-price auction in a symmetric information framework. First, we...
Persistent link: https://www.econbiz.de/10011591224
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Who wins and who loses from state subsidies?
Du, Jun; Girma, Sourafel; Görg, Holger; Stepanok, Ignat - 2022
China is perceived to rely on subsidizing firms in targeted industries to improve their performance and stay competitive. We implement an approach that allows for the joint estimation of direct and indirect effects of subsidies on subsidized and non-subsidized firms. We find that firms that...
Persistent link: https://www.econbiz.de/10013199018
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Specific versus Ad Valorem Taxation and Externalities
Pirttila, Jukka - 2014
This studyexamines the choice between specific and ad valorem taxes when the production of a good, produced under imperfect competition, creates harmful externalities. The optimal tax system is shown to rely on wholly ad valorem (specific) taxation if the valuation of the distortion arising from...
Persistent link: https://www.econbiz.de/10013047845
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Who wins and who loses from state subsidies?
Du, Jun; Girma, Sourafel; Görg, Holger; Stepanok, Ignat - 2022
China is perceived to rely on subsidizing firms in targeted industries to improve their performance and stay competitive. We implement an approach that allows for the joint estimation of direct and indirect effects of subsidies on subsidized and non-subsidized firms. We find that firms that...
Persistent link: https://www.econbiz.de/10013187211
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Who wins and who loses from state subsidies?
Du, Jun; Girma, Sourafel; Görg, Holger; Stepanok, Ignat - 2022
China is perceived to rely on subsidizing firms in targeted industries to improve their performance and stay competitive. We implement an approach that allows for the joint estimation of direct and indirect effects of subsidies on subsidized and non-subsidized firms. We find that firms that...
Persistent link: https://www.econbiz.de/10013194528