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determine the path of taxes or subsidies that implements first-best consumption, both when goods are produced competitively and …
Persistent link: https://www.econbiz.de/10011815851
Many analysts have argued that energy efficiency investments offer an enormous “win-win” opportunity to both reduce negative externalities and save money. This overview paper presents a simple model of investment in energy-using capital stock with two types of market failures: first,...
Persistent link: https://www.econbiz.de/10009488818
, we analyze a situation in which the demand from each subgroup causes a negative social externality for members of the …
Persistent link: https://www.econbiz.de/10012900620
Problem definition: The US influenza (flu) vaccine supply chain is decentralized and experiences frequent supply and demand mismatches caused by two key factors: (1) the vaccine production process (yield) is highly uncertain; and (2) individuals are self-interested and do not completely take...
Persistent link: https://www.econbiz.de/10012849734
determine the path of taxes or subsidies that implements first-best consumption, both when goods are produced competitively and …
Persistent link: https://www.econbiz.de/10012918060
determine the path of taxes or subsidies that implements first-best consumption, both when goods are produced competitively and …
Persistent link: https://www.econbiz.de/10011814737
Many analysts have argued that energy efficiency investments offer an enormous "win-win" opportunity to both reduce negative externalities and save money. This overview paper presents a simple model of investment in energy-using capital stock with two types of market failures: first,...
Persistent link: https://www.econbiz.de/10009421971
The article explores joint consumption equilibrium environments. It illustrates network formation through one-to-one directional synapses. Family (couple) arrangements, spontaneously generated under a decentralized general equilibrium price system are suggested - involving link and...
Persistent link: https://www.econbiz.de/10009368527
a rapid transition is optimal if the persistence effect is relatively strong, and determine the path of taxes or …
Persistent link: https://www.econbiz.de/10012948400
Pigouvian taxes are often used to limit environmental externalities such as pollution. We argue that consumer contracts generate …
Persistent link: https://www.econbiz.de/10013307216