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The water industry is newly rising future blue ocean market as deprivation of water is becoming a serious problem. However, the competition around the water industry is also getting tougher in presence of global conglomerates, extension of material & part enterprises and the emergence of new...
Persistent link: https://www.econbiz.de/10014265000
One of the more remarkable properties of commodity markets is the capability of their nominal prices to be negative numbers. This flexibility to violate the zero bound can appear in outright flat prices, spreads, and net unit costs. The principal driver is typically overwhelming supply relative...
Persistent link: https://www.econbiz.de/10013120797
Persistent link: https://www.econbiz.de/10001843533
Greenhouse gas abatement is a public good, so climate policy is a public-goods game and suffers from the free-rider incentives that make the outcome of such games notoriously uncooperative. Adopting an international agreement can change the nature of the game, reducing or exacerbating the...
Persistent link: https://www.econbiz.de/10014044933
We combine the newest concepts o non-cooperative coalition theory with a computable general equilibrium model close to the seminal RICE-model of Nordhaus and Yang (1996) to determine stable coalition structures in a global warming game. We consider three coalition games that allow for the...
Persistent link: https://www.econbiz.de/10014051299
This paper solves the global cap-and-trade game exactly as the public-goods game is normally solved and finds a problematic outcome. Abatement of greenhouse gas emissions is a global public good, and supplying a public good is a game with strong incentives to free ride. Adding a cap-and-trade...
Persistent link: https://www.econbiz.de/10014195754
Temperature records compiled by the International Panel on Climate Change are biased by non-climatic factors that are largely socioeconomic in origin. The result is that as much as 50 percent of the land-surface warming that has been detected in recent decades may not be the product of global...
Persistent link: https://www.econbiz.de/10014213426
Climate negotiations have largely failed, so a change of course is required. This requires that a sizable group of experts recommend a small, clear set of policy guideposts that lead to a more cooperative treaty. This papers proposes a set of three guideposts and derives them from an analysis of...
Persistent link: https://www.econbiz.de/10014163253
This article, focusing on produce and grain, discusses the environmental and climate change impacts of food production, processing, packaging, and distribution, which ultimately contributes to both economic and social costs. The article addresses environmental energy costs in the food supply
Persistent link: https://www.econbiz.de/10012913700
Environmental policies typically combine the identification of a goal with some means to achieve that goal. This chapter focuses exclusively on the second component, the means – the “instruments” – of environmental policy, and considers, in particular, experience around the world with...
Persistent link: https://www.econbiz.de/10014023936