The Japanese Ministry of Environment is promoting green purchasing policies across all levels of Japanese government. A primary reason is that green purchasing policies have the potential to significantly reduce carbon impacts across the globe and can help Japan achieve its carbon emissions...

Recent econometric studies only emphasize the role of longterm demand expectations and technological capability. They neglect the impact of buyer market structure on innovative efforts of input suppliers....

Vorliegendes Dokument verschafft einen Überblick über die Konsequenzen bei Wegfall des Rabattgesetz (RabattG) und der Zugabeverordnung (ZugabeVO).

This note analyses investment and risk-taking in a simple agency model of public regulation/procurement borrowed from Laffont & Tirole (1993). We show that the principal will overinvest or underinvest depending on whether investment is marginally more productive in bad or in good states. Due to...