We study how to initially allocate emission permits in an emissions trading system where firms also compete in a production market a la Cournot. We provide efficiency guarantee of simple uniform linear allocation mechanisms in the broad class of component-wise concave mechanisms in which the...

We study a matching market with N agents who compete over M = αN opportunities. Agents must perform a costly inspection to verify compatibility prior to matching, and are willing to inspect their current favorite opportunity only if, should they find it compatible, they will be guaranteed a...

In the present paper we use the output of multiple expert elicitation surveys on the future cost of key low-carbon technologies and use it as input of three Integrated Assessment models, GCAM, MARKAL_US and WITCH. By means of a large set of simulations we aim to assess the implications of these...

In building a governance regime to address climate change, should we prioritize the development of global institutions or national ones? This paper adds insight to the issue of how much international coordination on climate governance is optimal by focusing on two neglected characteristics of...

A frequently made claim in the innovation literature is that important inventions involve the transfer of new knowledge from one technological domain to another. This study uses U.S. patents granted from 1976-2006 to identify the role of knowledge acquired from outside each patent’s...

We propose the use of a three-level random intercept model to measure the degree of environmental policy performance of different countries and to study its determinants. Inspired by the literature on multilevel latent models and Item Response Theory (IRT), this framework treats policy...