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reviews some of the literature and economic theory related to externalities, and focuses on two particular economist … situations where choices are incompatible, (often referred to as externalities) and proposing solutions. This presentation …
Persistent link: https://www.econbiz.de/10009466946
Persistent link: https://www.econbiz.de/10009635818
Trading schemes for emission allowances have become a panacea for nations aspiring toreduce their aggregate emissions of greenhouse gases from industry in a cost-effectivemanner. The contention of this paper is that an emissions trading scheme (ETS) shouldnot be based on blanket coverage of...
Persistent link: https://www.econbiz.de/10009443299
Frequent criticism in dynamic decision making research pertains to the overly complex nature of the decision tasks used in experimentation. To address such concerns we study dynamic decision making with respect to the simple race game Hog, which has a computable optimal decision strategy. In the...
Persistent link: https://www.econbiz.de/10009458721
This honors thesis will examine current and theoretical "cap and trade" emissions trading schemes in an attempt to make recommendations on how to improve this regulated commodity market. The various control mechanisms available to regulators will be discussed: including allocation methodology,...
Persistent link: https://www.econbiz.de/10009429979
Description This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth …
Persistent link: https://www.econbiz.de/10009432111
. We approach this gap by analyzing the role of positive and negative externalities of link formation. We find general … results that relate situations of positive externalities with stable networks that cannot be "too dense" in a well …-defined sense, while situations with negative externalities, tend to induce "too dense" networks. …
Persistent link: https://www.econbiz.de/10009452539
This paper investigates the impact of Familias en Acción, a conditional cash transfer program in Colombia, on participant credit behavior. The motivation of the research is derived from previous studies which indicate that conditional cash transfer programs have effects on households aside from...
Persistent link: https://www.econbiz.de/10009468745
externalities and the method of Life Cycle Analysis (LCA) make part of this device. From its application the adoption of measures …
Persistent link: https://www.econbiz.de/10009442794
We develop a dynamic model of livestock disease and decentralized economic behavior as a jointly-determined system. By accounting for feedbacks between behavioral choices and disease outcomes we capture the endogenous nature of infection risks. We consider government mandated testing of...
Persistent link: https://www.econbiz.de/10009444700