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Controlling externalities in the presence of rent seeking
Mackenzie, Ian A. - 2009
investigate the incentives to expend effort for a prize that produces consumption externalities and consider alternative … regulatory policies. We find relatively more global consumption externalities will increase (decrease) rent seeking when … consumption externalities are negative (positive). We show how introducing Pigouvian taxation (possibly with revenue transfer) and …
Persistent link: https://www.econbiz.de/10008735783
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Educating voters for protection
Sawaki, Hisashi - In: The journal of international trade & economic development 24 (2015) 7/8, pp. 906-921
Persistent link: https://www.econbiz.de/10011396571
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Peer effects and incentives
Kräkel, Matthias - 2014
In a multi-agent setting, individuals often compare own performance with that of their peers. These comparisons influence agents incentives and lead to a noncooperative game, even if the agents have to complete independent tasks. I show that depending on the interplay of the peer effects, agents...
Persistent link: https://www.econbiz.de/10011430294
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The core of aggregative cooperative games with externalities
Stamatopoulos, Giorgos - In: The B.E. journal of theoretical economics 16 (2016) 1, pp. 389-410
Persistent link: https://www.econbiz.de/10011431765
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Could a Pigouvian subsidy mitigate poker machine externalities, in Australia?
Rowell, David; Gyrd-Hansen, Dorte - In: Economic papers : a journal of applied economics and policy 33 (2014) 4, pp. 327-338
Persistent link: https://www.econbiz.de/10011433475
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Estimating the external returns to education : evidence from China
Fan, Wen; Ma, Yuanyuan; Wang, Liming - 2015
Using longitudinal data from the China Health and Nutrition Survey, we examine how individual wages change in line with the share of college graduates in a given province. The individual fixed effect model shows that the external returns to education in China appear to be zero. We estimate an...
Persistent link: https://www.econbiz.de/10011288538
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The cost of binge drinking
Francesconi, Marco; James, Jonathan G. - 2015
Persistent link: https://www.econbiz.de/10011288781
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Externalities of national pharmaceutical policy when markets are integrated through parallel trade
Birg, Laura - In: Review of international economics 23 (2015) 3, pp. 558-574
Persistent link: https://www.econbiz.de/10011378250
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Competing recombinant technologies for environmental innovation
Zeppini, Paolo; Bergh, Jeroen C. J. M. van den - 2010
This article presents a model of sequential decisions about investments in environmentally dirty and clean technologies, which extends the path-dependence framework of Arthur (1989). This allows us to evaluate if and how an economy locked into a dirty technology can be unlocked and move towards...
Persistent link: https://www.econbiz.de/10011382078
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The implementation of marginal external cost pricing in road transport
Verhoef, Erik T. - 1998
This paper discusses a number of issues that will become increasingly important nowthat the concept of marginal external cost pricing becomes more likely to be implementedas a policy strategy in transport in reality. The first part of the paper deals with thelong-run efficiency of marginal...
Persistent link: https://www.econbiz.de/10011299976