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Spagnolo, Giancarlo - 1999

Why do money and markets crowd out co-operative relations? This paper characterises the effects of intertemporal preferences, money, and markets on players' ability to co-operate in material-payoff supergames. Players' aversion to intertemporal substitution facilitates co-operation by decreasing...

Persistent link: https://www.econbiz.de/10011608563

Does productive capital affect the order of resource exploitation?

Favard, Pascal - 2000

The purpose of this paper is to show that in a general equilibrium framework it is never optimal to use high cost substitute after lower cost exhaustible resource even if it is possible to accumulate productive capital. Indeed if the high cost substitute is scarce it is always optimal to consume...

Persistent link: https://www.econbiz.de/10011608566

The political economy of environment-development relationships: A preliminary framework

Deacon, Robert T. - 2000

ruled by autocrats or an elite group. To examine this proposition, the present paper develops a simple neoclassical theory … benefits accruing to a subset of the population. Under plausible conditions the theory implies that public consumption goods … by less inclusive governments (similar to Mancur Olson and Martin McGuire.) This theory is tested with cross-country data …

Persistent link: https://www.econbiz.de/10011608567

Joint costs in network services: The two-way problem in the case of unbalanced transport markets

Rietveld, Piet; Roson, Roberto - 2000

viewpoint of economic theory, two regimes can be distinguished: one where -owing to price discrimination- the flows are equal …

Persistent link: https://www.econbiz.de/10011608568

Irreversibilities and the timing of environmental policy

Pindyck, Robert S. - 2000

The standard framework in which economists evaluate environmental policies is cost-benefit analysis, so policy debates usually focus on the expected flows of costs and benefits, or on the choice of discount rate. But this can be misleading when there is uncertainty over future outcomes, when...

Persistent link: https://www.econbiz.de/10011608569

Partial and global cooperation with unilateral commitment in the presence of global environmental problems: Coalition theory network

Pereau, Jean-Christophe; Tazdait, Tarik - 2000

This paper focuses on the link between the group co-operation and the unilateral commitment behaviour of some countries in the presence of global environmental problems. As we consider that this last behaviour occurs when bargaining failed, we call it a precautious commitment. We also show that...

Persistent link: https://www.econbiz.de/10011608573

Hormone beefs, chloridric chicken and international trade: Can scientific uncertainty be an informational barrier to trade?

Calzolari, Giacomo; Immordino, Giovanni - 2000

We study international trade of innovative goods subject to scientific uncertainty on consumers' health effects. Trade of these goods is often at the centre of international disputes. We show that a new trade protectionism may arise because of the scientific uncertainty. A free riding effect is...

Persistent link: https://www.econbiz.de/10011608574

Imperfect competition, labour market distortions, and the double dividend hypothesis: Theory and evidence from Italian data

Marsiliani, Laura; Renström, Thomas I. - 2000

The paper explores the hypothesis of a double dividend from environmental taxation i.e. whether shifting the burden of taxation away from labour toward the environment can boost employment and increase welfare. We present a general-equilibrium model where the economy is distorted by labour...

Persistent link: https://www.econbiz.de/10011608575

The effects of emissions standards on industry in the short run and long run

Farzin, Y. H. - 2000

Industrialists often claim that, by rendering firms unprofitable and hence forcing them out of business, stricter emissions standards reduce the industry output and competition. This paper considers situations where firms' pollution reduction increases the industry demand, but because of...

Persistent link: https://www.econbiz.de/10011608579

Agenda control in coalition formation

Bloch, Francis; Rottier, Stéphane - 2000

Theoretical models of government formation in political science usually assume that the head of state is non-strategic. In this paper, we analyse the power of an agenda setter who chooses the order in which players are recognised to form coalitions in simple games. We characterise those sets of...

Persistent link: https://www.econbiz.de/10011608580