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Persistent link: https://www.econbiz.de/10012036764
Ever since the emergence of economics as a distinct scientific discipline, policy makers have turned to economic models to guide policy interventions. If policy makers seek to enhance growth of an open capitalist economy, they have to take into account, firstly, the uncertainties,...
Persistent link: https://www.econbiz.de/10011422415
Ever since the emergence of economics as a distinct scientific discipline, policy makers have turned to economic models to guide policy interventions. If policy makers seek to enhance growth of an open capitalist economy, they have to take into account, firstly, the uncertainties,...
Persistent link: https://www.econbiz.de/10011281255
To mitigate climate change, some governments opt for instruments focused on investment, like performance standards or feebates, instead of carbon prices. We compare these policies in a Ramsey model with clean and polluting capital, irreversible investment and a climate constraint. Alternative...
Persistent link: https://www.econbiz.de/10011662054
Persistent link: https://www.econbiz.de/10012533820
In this article, we provide an overview of a rather large topic: how economics can inform the selection and design of policy instruments to deal with environmental problems. We first identify (in Sections 1 – 2 ) underlying market failures that underscore the need for policy. Then, (in 3 ) we...
Persistent link: https://www.econbiz.de/10014023889
Persistent link: https://www.econbiz.de/10011309967
Until recently, theorists considering the evolution of human cooperation have paid little attention to institutional … maximize compliance? We investigate this question by modeling the co-evolution of law and cooperation in a public goods game …' updating of their contribution strategy and observe the effect on Citizen cooperation. We find that when States have unlimited …
Persistent link: https://www.econbiz.de/10011316651
We study the effect of group size on cooperation in voluntary contribution mechanism games. As in previous experiments … find that cooperation is highest of all in twoperson groups. The findings in the high MPCR condition are consistent with … those from n-person prisoner's dilemma and oligopoly experiments that suggest it is more difficult to sustain cooperation in …
Persistent link: https://www.econbiz.de/10009772221
Persistent link: https://www.econbiz.de/10010361850