Showing 531 - 540 of 546
Persistent link: https://www.econbiz.de/10005499561
Multimarket contact between duopolists in an X and Y market is modelled with a trigger strategy. We show that mildly restrictive price-cap regulation in the X market decreases Y market quantities; but restrictive caps in the X market have a positive impact on Y market outputs. Behavior in...
Persistent link: https://www.econbiz.de/10005732208
An asymmetric information differential game is utilized to explore the normative issue: should environmental regulations be carried out locally or centrally? Modeling localities as having superior information, or more leniency to adopt new environmental regulations, results from simulations...
Persistent link: https://www.econbiz.de/10005615853
As the importance of addressing climate change increases the future global role for nuclear power, the demand for uranium will increase. Expanded uranium reserves will be needed to meet this increased demand, highlighting the importance of future exploratory efforts. To shed light on the social...
Persistent link: https://www.econbiz.de/10010737821
For several decades, petroleum has been a commodity of vital importance to the global economy, in which a number of interesting market phenomena has occurred. This monograph represents my efforts to describe several of these phenomenon, along with a few other elements of the oil market. My focus...
Persistent link: https://www.econbiz.de/10010781554
Many wildlife commodities, such as tiger bones, bear bladders, ivory, and rhino horn, have been stockpiled in large quantities by speculators who expect that future price increases justify forgoing the interest income associated with current sales. When supply from private stores competes with...
Persistent link: https://www.econbiz.de/10010600312
In this paper, we present an economic analysis of CO2-enhanced oil recovery (EOR). This technique entails injection of CO2 into mature oil fields in a manner that reduces the oil's viscosity, thereby enhancing the rate of extraction. As part of this process, significant quantities of CO2 remain...
Persistent link: https://www.econbiz.de/10010576617
Are individuals expected utility maximizers? This question represents much more than academic curiosity. In a normative sense, at stake are the fundamental underpinnings of the bulk of the last half-century’s models of choice under uncertainty. From a positive perspective, the ubiquitous...
Persistent link: https://www.econbiz.de/10010580379
Are individuals expected utility maximizers? This question represents much more than academic curiosity. In a normative sense, at stake are the fundamental underpinnings of the bulk of the last half-century's models of choice under uncertainty. From a positive perspective, the ubiquitous use of...
Persistent link: https://www.econbiz.de/10008866480
Governments contracting with private agents for the provision of an impure public good must contend with agents who would potentially supply the good absent any payments. This additionality problem is centrally important in the use of carbon offsets as part of climate change mitigation....
Persistent link: https://www.econbiz.de/10008853073