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Current climate change mitigation and adaptation financing efforts are calling for innovative green investment strategies. An emerging literature and awareness on the economic gains and losses of a warming globe being distributed unequally between countries can serve as novel basis of...
Persistent link: https://www.econbiz.de/10014244027
The sociological literature indicates that within diverse communities, agents create externalities on each other when they consume market goods to express their identity. We provide a model in which local governments use taxation and agents adjust social networks to address identity expression...
Persistent link: https://www.econbiz.de/10014244034
We investigate a finite-horizon dynamic pricing problem of a seller under limited commitment. Even when the buyers are ex-ante symmetric to the seller, the seller can charge different prices to different buyers. We show that under the class of posted-price mechanisms this asymmetric treatment of...
Persistent link: https://www.econbiz.de/10014244065
We use (donut) regression discontinuity design and difference-in-differences estimators to estimate the impact of a one-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy increases job-finding in the private sector by 10...
Persistent link: https://www.econbiz.de/10014244086
The recovery from the Covid-19 crisis will force governments to accelerate transformation in their menu of labor market policy tools. The crisis was a stress test for unemployment insurance schemes as it involved a sudden and unexpected shutdown of a very large set of activities. This forced...
Persistent link: https://www.econbiz.de/10014244090
This paper discusses how in the British tradition, political economy, which partly emerged out of discourses in natural theology, ethics, and jurisprudence, casts some light on the content of our moral obligations. Drawing on Hutcheson, Hume, and Smith, I illustrate how commerce came to be...
Persistent link: https://www.econbiz.de/10014244094
. Our key insight is that axiomatic models like those used in cooperative game theory can be reinterpreted as theories of … reasoning, ranging from simple, abstract moral rules to radically context-dependent moral psychology. Then, under a given theory … preferences, and why a theory of moral reasoning rooted in moral psychology is better able to account for the context …
Persistent link: https://www.econbiz.de/10014244097
results suggest our approach is robust against distributional demand shifts and provides a competitive solution against other …
Persistent link: https://www.econbiz.de/10014244117
market demand information; to assist the CMs to meet demand, the platform determines whether or not to share this information …. Hence the managerial implication of our paper is that while the intention of the platform is to assist the CM to meet demand …
Persistent link: https://www.econbiz.de/10014244118
-party sellers to steer demand away from the competing ecosystem strategically. These results have novel managerial implications on …
Persistent link: https://www.econbiz.de/10014244127