Our underlying hypothesis is that technological progress (even neutral) has a big effect on distribution, not only on growth, since rising waves of technical progress cause rising monopoly power. We test it by showing that, since the 1970's, information technology (in short IT) has caused rising...

There is currently a consensus amongst the political establishment - and amongst the intellectual communities that feed into it - that detailed and wide-ranging government intervention is necessary to combat the effects of climate change. This monograph challenges that consensus. The authors...

In diesem Papier wird untersucht, ob bzw. wie sich im Rahmen des Kyoto Protokolls die globalen Emissionsreduktionsziele mit der ökonomischen Rationalität der beteiligten Länder in Einklang bringen lassen. Den äußeren Rahmen der Analyse bildet eine spieltheoretische Darstellung der...

Using Japanese facility-level data from an Organisation for Economic Co-operation and Development survey, we estimate the effects of implementation of ISO14001 and publication of environmental reports on the facilities' environmental performance. While most previous studies focused on an index...

Deltas, Salvo and Vasconcelos (2011) develop a model of geographically separated markets with differentiated goods in which collusion (or merger to monopoly), by restricting trade relative to duopolistic competition, is beneficial for society and can be beneficial for consumers. In this chapter,...

We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....

The El Niños Southern Oscillations (ENSO) is a periodical phenomenon of climatic interannual variability which could be measured through either the Southern Oscillation Index (SOI) or the Sea Surface Temperature (SST) Index. The main purpose of this paper is to analyze these two indexes in...

Despite the rising concern over the economic costs of biological invasions, no general modeling approach of these costs has been developed. The purpose of this note is to develop such a framework, and to demonstrate how conventional bioeconomic models of interspecific competition, such as the...