Showing 1 - 10 of 205
joining the IEA set emissions to internalize some exogenously given fraction of the externalities that own emissions cause on …
Persistent link: https://www.econbiz.de/10012623112
well as differences in the importance of knowledge spillovers should be addressed with a detailed consideration of changes …
Persistent link: https://www.econbiz.de/10011332574
The provision of public goods often relies on voluntary contributions and cooperation. While most of the experimental … requiring less provision from their members, do not attract additional members. Substantial efficiency gains occur, however …
Persistent link: https://www.econbiz.de/10010270216
We use an experiment to test the hypothesis that groups consisting of like-minded cooperators are able to cooperate irrespective of punishment and therefore have a lower demand for a costly punishment institution than groups of like-minded free riders, who are unable to cooperate without...
Persistent link: https://www.econbiz.de/10012623173
15 reliable, expectations are lower and both cooperation and efficiency are significantly reduced. When there are costs … interaction. Effective reputation systems can increase trust and may improve efficiency in market settings. In recent years … reduces efficiency. We find that feedback manipulation generally decreases the reliability of average ratings in comparison to …
Persistent link: https://www.econbiz.de/10012623161
We look at a model where countries of di fferent size provide local public goods with positive spillovers. Matching …
Persistent link: https://www.econbiz.de/10011301575
This paper analysis the welfare changes arising from a road project, undertaken as a public-private partnership, measured as the variation in utility, using a sequentially dynamic general equilibrium model. To circumvent the budget restriction imposed by the central government, the Azorean...
Persistent link: https://www.econbiz.de/10011397299
We set out a small, open economy model of a city, one with local housing, government production and a non-traded good. We observe that a positive shift in labor productivity in the export sector generally results in a larger, higher-wage and more densely settled city. Production of the local...
Persistent link: https://www.econbiz.de/10011399903
In this paper we develop a dynamic model that explains the pattern of population and production allocation in an economy with an urban location and a rural one. Agglomeration economies make urban dwellers benefit from a larger population living in the city and urban firms become more productive...
Persistent link: https://www.econbiz.de/10011400642
We examine how basic research should be financed. While basic research is a public good benefiting innovating entrepreneurs it also affects the entire economy: occupational choices of potential entrepreneurs, wages of workers, dividends to shareholders, and aggregate output. We show that the...
Persistent link: https://www.econbiz.de/10010329310