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Learning and technology adoptions
Scholz, Sebastian - 2010
This essay studies the optimal timing for a firm to adopt a new process innovation in the presence of learning. A …
Persistent link: https://www.econbiz.de/10003951879
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Three essays in dynamic economic analysis
Scholz, Sebastian - 2010
Persistent link: https://www.econbiz.de/10003986027
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Investment in a Monopoly With Bayesian Learning
Koulovatianos, Christos; Mirman, Leonard J.; Santugini, Marc - 2011
We study how learning affects an uninformed monopolist's supply and investment decisions under multiplicative … the random demand. Observing prices reveals this information slowly. We first show how to incorporate Bayesian learning … of learning on supply and investment decisions, as well as the steady state level of capital. Our findings are as follows …
Persistent link: https://www.econbiz.de/10014068523
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On backstops and boomerangs : environmental R&D under technological uncertainty
Goeschl, Timo; Perino, Grischa - 2007
The literature on environmental R&D frequently studies innovation as a two-stage process, with a single R&D event … leading from a conventional polluting technology to a perfectly clean backstop. We allow for uncertainty in innovation in that …
Persistent link: https://www.econbiz.de/10003592670
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Natural Resources, National Income, and Resource Movement Effect under a Rent-Seeking Monopoly
Muradov, Anar - 2023
In this paper, a new model is developed by referring to the literature on Dutch disease and rent-seeking for explaining how a natural resource boom in the energy sector decreases national income and induces a resource movement effect under a rent-seeking monopoly. In such a model, it is shown...
Persistent link: https://www.econbiz.de/10014263908
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Emission taxes, feed-in subsidies and the investment in a clean technology by a polluting monopoly
García-Alaminos, Ángela; Rubio, Santiago J. - 2019
The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the same good with a technology that employs a polluting input and a clean technology. The second-best tax and subsidy are calculated solving a two-stage policy game between the...
Persistent link: https://www.econbiz.de/10012028355
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Robot cars and dynamic bottleneck congestion : the effects on capacity, value of time and preference heterogeneity
Berg, Vincent A. C. van den; Verhoef, Erik T. - 2015 - This version: 9 June 2015
"Robot cars" are cars that allow for automated driving. They can drive closer together than human driven "normal cars" and thereby raise road capacity. Obtaining a robot car instead of a normal car can also be expected to lower the userś value of time losses (VOT), because travel time can be...
Persistent link: https://www.econbiz.de/10010532595
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Fossil resources and climate change - the green paradox and resource market power revisited in general equilibrium
Pfeiffer, Johannes - 2017
Diese Dissertation wurde von Johannes Pfeiffer während seiner Zeit am ifo Institut verfasst. Sie wurde im Dezember 2016 …
Persistent link: https://www.econbiz.de/10011741830
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These Caps Spilleth Over : Equilibrium Effects of Unemployment Insurance
Doniger, Cynthia - 2023
The design of US unemployment insurance (UI) policy--which features benefits assigned as a percentage of past wages up to a cap--engenders tests for spillovers from policy variation to workers who are not directly treated. We test for and find a pattern of spillovers from state-level UI policy...
Persistent link: https://www.econbiz.de/10014357209
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Market Power and Income Taxation
Kaplow, Louis - 2019
Does significant market power or the presence of large rents affect optimal income taxation, calling for greater redistribution due to tainted gains? Or perhaps less because of an additional wedge that distorts labor effort? Do concerns about inequality have implications for antitrust,...
Persistent link: https://www.econbiz.de/10012891263