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Optimal commuting and migration decisions under cost uncertainty
Schmidt, Christian - 2010
uncertainty about commuting costs. The effect of uncertainty about the evolution of commuting costs on the optimal decision … denotes a remarkable result of this model: higher uncertainty lowers the commuting cost threshold for outmigration to the …
Persistent link: https://www.econbiz.de/10011332728
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Web Switching and International Outsourcing : A matching approach
Hanley, Aoife; Ott, Ingrid - 2010
Formulating a model which summarises transportation costs, uncertainty and price, we describe how a switch to web …-based procurement can impact more readily procured services rather than materials. Uncertainty represents a catch-all factor describing …
Persistent link: https://www.econbiz.de/10010271430
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Biodiversity Prospecting Over Time and Under Uncertainty: A Theory of Sorts
Batabyal, Amit; Nijkamp, Peter - 2014
Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...
Persistent link: https://www.econbiz.de/10011400113
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R&D and private investment: How to conserve indigenous fruit biodiversity of Southern Africa
Waibel, Hermann; Wesseler, Justus; Mithöfer, Dagmar - 2005
Indigenous fruits contribute widely to rural incomes in Southern Africa but their availability is declining. A domestication program aims to increase farm-household income and conserve biodiversity through farmer-led tree planting. Planting domesticated indigenous fruit trees is an uncertain,...
Persistent link: https://www.econbiz.de/10010295985
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Prices vs. Quantities with incomplete enforcement and different enforcement probabilities
Rohling, Moritz - 2010
Regulating inter-country externalities, like climate change, raises various enforcement problems. It is often argued that international pricebased regulations (e.g. emission taxes) are more difficult to enforce than quantity-based regulations (e.g. tradable pollution permits). In this paper, we...
Persistent link: https://www.econbiz.de/10010301540
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Climate Effects of Carbon Taxes, Taking into Account Possible Other Future Climate Measures
Habermacher, Florian; Kirchgässner, Gebhard - 2011
A carbon tax may be the most efficient means to limit climate change - eventually mankind's largest externality. When discussing the effects of such a tax, today most climate economics research focuses on the demand, reducing the energy supply side to a static process. However, supply side...
Persistent link: https://www.econbiz.de/10010305952
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On development paths minimizing the aggregate labor-reallocation costs in the three-sector framework and an application to structural policy
Stijepic, Denis - 2019
Cross-sector labor reallocation is associated with costs at the micro level ranging from the costs of geographical relocation and skill change/adaptation to unemployment. We show that monotonous reallocation paths minimize the aggregate reallocation costs in the three-sector framework (relating...
Persistent link: https://www.econbiz.de/10012099081
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Uncertainty and non-linear macroeconomic effects of fiscal policy in the US: A SEIVAR-based analysis
Goemans, Pascal; Belke, Ansgar - 2019
We investigate whether the macroeconomic effects of government spending shocks vary with the level of uncertainty … effects in tranquil times but is contractionary during uncertain times. The endogenous reaction of macroeconomic uncertainty … other types of government spending, research and development expenditures reduce uncertainty and have an expansionary effect …
Persistent link: https://www.econbiz.de/10012099100
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Economic Rewards versus Economic Sanctions in International Relations
Brekhov, Boris - 2019
I use game-theoretical models to compare a sender's expected payoff under two methods of wielding influence under incomplete information: offering rewards or threatening punishments. Attempts to influence another's behaviour can have the perverse effect of actually encouraging the behaviour that...
Persistent link: https://www.econbiz.de/10012099161
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Government Spending in Uncertain and Slack Times: Historical Evidence for Larger Fiscal Multipliers
Goemans, Pascal - 2020
We investigate whether US government spending multipliers are higher during periods of heightened uncertainty or …
Persistent link: https://www.econbiz.de/10012287930