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The transition of a sector from a pollutant state to a clean one is studied. A green technology, subject to learning-by-doing, progressively replaces an old one. The notion of abatement cost in this dynamic context is fully characterized. The theoretical, dynamic optimization, perspective is...
Persistent link: https://www.econbiz.de/10011388268
In this paper, we discuss how fraud liability regimes impact the price structure that is chosen by a monopolistic payment platform, in a setting where merchants can invest in fraud detection technologies. We show that liability allocation rules distort the price structure charged by platforms or...
Persistent link: https://www.econbiz.de/10011605436
This paper analyzes telecommunications demand by firms, focusing on communication flows among production units. We consider first the case of two business unit that can play simultaneously or in a leader/follower situation regarding their communication decisions. In this context, we define the...
Persistent link: https://www.econbiz.de/10014619080
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In this paper, we discuss how fraud liability regimes impact the price structure that is chosen by a monopolistic payment platform, in a setting where merchants can invest in fraud detection technologies. We show that liability allocation rules distort the price structure charged by platforms or...
Persistent link: https://www.econbiz.de/10009380953
Persistent link: https://www.econbiz.de/10009547652
Persistent link: https://www.econbiz.de/10011289395
Persistent link: https://www.econbiz.de/10009665291