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Coordination in a Mobile World
Steiner, Jakub - 2008
We study coordination failures in many simultaneously occurring coordination problems called projects. Players … exogenous parameters. In contrast to the static benchmark global game without a search option, successful coordination is … frequent in the mobile game even for extremely poor distributions of economic fundamentals, and coordination failures are …
Persistent link: https://www.econbiz.de/10014217207
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Burden sharing and self-enforcing climate agreements
Ohori, Shuichi; Ohta, Katsunori - In: Journal of the Association of Environmental and … 11 (2024) 4, pp. 827-852
Persistent link: https://www.econbiz.de/10014524811
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International Agreements, Reputational Screening and the Long-Run Interests of the State
Meraglia, Simone - 2016
Incomplete information on the degree to which governments internalize the long-run interests of the state is an essential element of information asymmetry in international relations. A reputational model with such incomplete information captures two observed facts: i. costly activities, among...
Persistent link: https://www.econbiz.de/10013006509
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Why Countries with the Same Technology and Preferences Can Have Different Growth Rates
Krawczyk, Jacek B. - 2010
A standard Ak-model of endogenous growth has been extended to allow for an intertemporal conflict between capitalists and workers. For the dynamic game thus obtained, an equilibrium solution in feedback Nash (Markovian) strategies have been computed. However, many equilibria in trigger...
Persistent link: https://www.econbiz.de/10014199144
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Privacy or publicity : who drives the wheel?
Bannier, Christina E. - 2003
Financial markets are to a very large extent influenced by the advent of information. Such disclosures, however, do not only contain information about fundamentals underlying the markets, but they also serve as a focal point for the beliefs of market participants. This dual role of information...
Persistent link: https://www.econbiz.de/10009764767
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Which social cost of carbon? : a theoretical perspective
Kotchen, Matthew J. - 2016
Persistent link: https://www.econbiz.de/10011490424
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Which Social Cost of Carbon? A Theoretical Perspective
Kotchen, Matthew J. - 2016
This paper develops a theoretical foundation for the social cost of carbon (SCC). The model highlights the source of debate over whether countries should use the global or domestic SCC for regulatory impact analysis. I identify conditions under which a country's decision to internalize the...
Persistent link: https://www.econbiz.de/10012992145
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Which Social Cost of Carbon? A Theoretical Perspective
Kotchen, Matthew J. - 2016
This paper develops a theoretical foundation for the social cost of carbon (SCC). The model highlights the source of debate over whether countries should use the global or domestic SCC for regulatory impact analysis. I identify conditions under which a country's decision to internalize the...
Persistent link: https://www.econbiz.de/10012456430
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Green Eggs and Ham : The CISG, Path Dependence, and the Behavioural Economics of Lawyers’ Choices of Law in International Sales Contracts
Spagnolo, Lisa - 2022
market distortion; rational decision making within game theory frameworks under different jurisdictional background …
Persistent link: https://www.econbiz.de/10014192105
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IMF's assistance : devil's kiss or guardian angel?
Brandes, Julia (contributor); Schüle, Tobias (contributor) - 2007
This paper contributes to the debate on the efficacy of IMF's catalytic finance in preventing financial crises. Extending Morris and Shin (2006), we consider that the IMF's intervention policy usually exerts a signaling effect on private creditors and that several interventions in sequence may...
Persistent link: https://www.econbiz.de/10003636488