Narrow search
Showing 1 - 10 of 480
Cover Image
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
Cover Image
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
Cover Image
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/10011325066
Cover Image
Allocation, externalities, and the fair division approach: an experimental study
Weiland, Torsten - 2008
We experimentally investigate four allocation mechanisms - all based on the fair division approach, with varying bid … elicitation methods and price rules - in terms of their allocation efficiency, distributional effects, and regularities in … complicating an efficient allocation. Indeed, observed bidding is dominated by strategic reporting which, however, only marginally …
Persistent link: https://www.econbiz.de/10010263876
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
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