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Intra-generational externalities and inter-generational transfers
Kolmar, Martin; Meier, Volker - 2005
In an environment with asymmetric information the implementation of a first-best efficient Clarke-Groves-Vickrey (D?Aspremont-Gérard-Varet) mechanism may not be feasible if it has to be self-financing. By using intergenerational transfers, the arising budget deficit can generally be covered in...
Persistent link: https://www.econbiz.de/10010261164
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Taxing externalities without hurting the poor
Pai, Mallesh; Strack, Philipp - 2022
Persistent link: https://www.econbiz.de/10014538906
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Optimal carbon leakage
Hokkanen, Topi - 2023
Carbon leakage is one of the major issues facing policymakers today when designing environmental regulation. While the empirical and trade literature on carbon leakage is rich, much less is known about the implications of carbon leakage risk on optimal regulatory policies under asymmetric...
Persistent link: https://www.econbiz.de/10014389026
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Pensions and fertility incentives
Fenge, Robert; Meier, Volker - 2003
This paper discusses the efficiency of a pay-as-you-go pension reform by introducing a child benefit in an endogenous fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor supply. The optimum share of fertility-related pensions...
Persistent link: https://www.econbiz.de/10011506226
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Congestion pricing : a mechanism design approach
Heller, C.-Philipp; Johnen, Johannes; Schmitz, Sebastian - 2015
We study road congestion as a mechanism design problem. In our basic model we analyze the allocation of a set of drivers among two roads, one of which may be congested. An additional driver on the congestible road imposes an externality on the other drivers by increasing their travel time. Each...
Persistent link: https://www.econbiz.de/10011295804
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Congestion pricing : a mechanism design approach
Heller, Christian-Philipp; Johnen, Johannes; Schmitz, … - In: Journal of transport economics & policy : JTEP 53 (2019) 1, pp. 74-98
Persistent link: https://www.econbiz.de/10011963362
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Congestion pricing: a mechanism design approach
Heller, Christian-Philipp - In: Applications of mechanism design, (pp. 25-53). 2017
Persistent link: https://www.econbiz.de/10011806840
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Externality assessments, welfare judgments, and mechanism design
Daske, Thomas - 2017
How agents assess the (in-)tangible externalities that others might impose on them can strongly influence strategic … externalities, are all subject to asymmetric information; utility is quasi-linear and transferable. An allocation rule will be …-balanced transfers if and only if it maximizes the sum of private payoffs exclusive of externalities. The corresponding mechanism is …
Persistent link: https://www.econbiz.de/10011773839
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Pensions and Fertility Incentives
Fenge, Robert; Meier, Volker - 2003
This paper discusses the efficiency of a pay-as-you-go pension reform by introducing a child benefit in an endogenous fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor supply. The optimum share of fertility-related pensions...
Persistent link: https://www.econbiz.de/10010315805
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Are family allowances and fertility-related pensions siamese twins?
Fenge, Robert; Meier, Volker - 2004
This paper discusses alternative ways to deal with the positive externalities of having children in a pay …
Persistent link: https://www.econbiz.de/10011402545