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Linking of repeated games and exchange of concessions in fields of relative strength may lead to more cooperation and to Pareto improvements relative to the situation where each game is played separately. In this paper we formalize these statements, provide some general results concerning the...
Persistent link: https://www.econbiz.de/10010312472
In this paper we analyse the Local Tourist System (LTS) as a particular case of Marshallian Industrial District. The LTS allows the identification of more effective policy tools for managing tourism. First, through the concept of LTS, the policy maker can take into account the complexity of...
Persistent link: https://www.econbiz.de/10010312490
This paper deals with the welfare analysis of green tax reforms. The aims of this paper are to highlight misinterpretations of policy assessments in the double dividend literature, to specify which of the efficiency costs and benefits should be ascribed to each dividend, and then, to propose a...
Persistent link: https://www.econbiz.de/10010312492
solution. Our main findings are that: 1) a corrective income tax raises steady state utility in both versions but is capable of … the government but not to agents, an income tax which finances abatement expenditures may increase steady state utility …
Persistent link: https://www.econbiz.de/10010312495
Cooperation in international environmental agreements appears difficult to attain because of strong free-riding incentives. This paper explores how different technology spillover mechanisms among regions can influence the incentive structures to join and stabilise an international agreement. We...
Persistent link: https://www.econbiz.de/10010312496
-pecuniary benefits of employment are incorporated in the standard individual's utility function, then at very low income levels … employment can be a source of utility, inducing individuals to supply labor to the extent possible. We also show the conditions …
Persistent link: https://www.econbiz.de/10010312505
We study the conditions for the emergence of cooperation in a spatial common-pool resource game. We consider three types of agents: cooperators, defectors and enforcers. The role of enforcers is to punish defectors for overharvesting the resource. Agents are located around a circle and they only...
Persistent link: https://www.econbiz.de/10010312507
We analyze the relative importance of party ideology and rents from office in the formation of coalitions in a parliamentary democracy. In equilibrium, the types of coalitions that are formed may be minimal winning, minority or surplus and they may be ideologically `disconnected'. The coalitions...
Persistent link: https://www.econbiz.de/10010312508
This paper evaluates two alternative tax policies aimed at reducing atmospheric pollutant emissions. One based upon an environmental tax that burdens directly firms' emissions, and the other one that burdens both directly and indirectly household consumption's emissions. Applying input-output...
Persistent link: https://www.econbiz.de/10010312519
Two stylized backstop systems with endogenous technological learning formulations (ETL) are introduced in MERGE: one for the electric and the other for the non-electric markets. Then the model is applied to analyze the impacts of ETL on carbon-mitigation policy, contrasting the resulting impacts...
Persistent link: https://www.econbiz.de/10010312520