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All but one free ride when wealth effects are small

Silvestre, Joaquim - In: SERIEs - Journal of the Spanish Economic Association 3 (2012) 1/2, pp. 201-207

Quasilinear preferences on a public good and a numeraire good are limits of preferences where both goods are normal. The set of equilibria of the voluntary contribution (or private provision) game is easily characterized under quasilinearity by: top valuators aggregately contribute their common...

Persistent link: https://www.econbiz.de/10010317090

Voluntary contributions 'vote out' public ones

Calveras, Aleix; Ganuza, Juan-José; Llobet, Gerard - In: SERIEs - Journal of the Spanish Economic Association 2 (2011) 3, pp. 283-303

In a relatively recent paper, Gehrig and Stenbacka (Eur Econ Rev 51, 77-99, 2007) show that information sharing increases banks' profits to the detriment of creditworthy entrepreneurs in a model of a banking duopoly with switching costs and poaching. They restrict their analysis to the case in...

Persistent link: https://www.econbiz.de/10010317121

The division problem with maximal capacity constraints

Bergantiños, Gustavo; Massó, Jordi; Neme, Alejandro - In: SERIEs - Journal of the Spanish Economic Association 3 (2012) 1/2, pp. 29-57

The division problem consists of allocating a given amount of an homogeneous and perfectly divisible good among a group of agents with singlepeaked preferences on the set of their potential shares. A rule proposes a vector of shares for each division problem. Most of the literature has...

Persistent link: https://www.econbiz.de/10010317137

An enabling mechanism for the creation, adjustment, and dissolution of states and governmental units

Hausken, Kjell; Knutsen, John F. - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-32, pp. 1-38

The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in contrast to earlier models which make various...

Persistent link: https://www.econbiz.de/10010302703

Social capital determinants of preferential resource allocation in regional clusters

Pulles, Niels J.; Schiele, Holger - In: Management Revue 24 (2013) 2, pp. 96-113

) literature. This stream seeks to explain the phenomenon of preferential resource allocation. That is, how can firms obtain better … resources from a resource environment that is shared with competitors? Although preferential resource allocation has revealed to … the social interactions among cluster firms to explain the concept of preferential resource allocation. More specifically …

Persistent link: https://www.econbiz.de/10011307012

How Emission Certificate Allocations Distort Fossil Investments: The German Example

Pahle, Michael; Fan, Lin; Schill, Wolf-Peter - In: Energy Policy 39 (2011) 4, pp. 1975-1987

widely accepted that windfall profits gained through free allocation of ETS certificates play an important role. Yet the … quantification of allocation-related investment distortions has been limited to back-of-the envelope calculations and stylized models … so far. We close this gap with a numerical model integrating both Germany's particular allocation rules and its specific …

Persistent link: https://www.econbiz.de/10011332205

Kapitaleinkommensteuern und beschleunigte Abschreibungen bei Unsicherheit

Konrad, Kai A. - In: Finanzarchiv 47 (1989) 3, pp. 404-427

Persistent link: https://www.econbiz.de/10011385174

Beschäftigungswachstum durch effizientere Allokation auf dem Arbeitsmarkt

Profit, Stefan; Liebenberg, Stefan - In: Wirtschaftsdienst 91 (2011) 11, pp. 778-783

Persistent link: https://www.econbiz.de/10010327912

Perspektiven des Emissionshandels aus deutscher Sicht

Schafhausen, Franzjosef - In: Vierteljahrshefte zur Wirtschaftsforschung 76 (2007) 1, pp. 99-117

, the German national allocation plan was far too generous, too complex and not very calculable. Also, the EU ETS led to … unintended distribution effects, for example windfall profits. The second National Allocation Plan (NAP II) for 2008-2012 was …

Persistent link: https://www.econbiz.de/10010377787

Die Weiterentwicklung des europäischen Emissionshandels nach 2012

Zapfel, Peter - In: Vierteljahrshefte zur Wirtschaftsforschung 76 (2007) 1, pp. 118-125

States elaborate and the Commission assesses national allocation plans for this period. The Commission has also triggered the … this review process a first focus is the examination whether longer allocation periods can improve investor certainty …. Furthermore a discussion on harmonisation of installation definitions and allocation rules is intended. The role of auctioning of …

Persistent link: https://www.econbiz.de/10010377788