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In this paper we study international river pollution problems. We introduce a model in which the agents (countries) located along a river derive benefit while causing pollution, but also incur environmental costs of experiencing pollution from all upstream agents. We find that total pollution in...
Persistent link: https://www.econbiz.de/10010326271
We consider the problem of sharing water among agents located along a river. Each agent has quasi-linear preferences over river water and money, where the benefit of consuming an amount of water is given by a continuous and concave benefit function. A solution to the problem efficiently...
Persistent link: https://www.econbiz.de/10010326510
job centers. In a decentralized economy job-seekers do not internalize a composition externality they impose on all the …
Persistent link: https://www.econbiz.de/10010328991
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can create externalities among workers, since their utility upon accepting a contract depends on their team's performance and therefore on their colleagues' productivity. We study the...
Persistent link: https://www.econbiz.de/10010333390
externality) or a deterioration in the quality of care through congestion (negative externality). We combine an agestructured …
Persistent link: https://www.econbiz.de/10010352589
This paper assesses the long-run toll taken by a large-scale technological disaster on welfare, well-being and mental health. We estimate the causal effect of the 1986 Chernobyl catastrophe after 20 years by linking geographic variation in radioactive fallout to respondents of a nationally...
Persistent link: https://www.econbiz.de/10010398522
optimal policy design in a context with more than one externality while taking explicitly into account uncertainty surrounding …
Persistent link: https://www.econbiz.de/10010420944
This paper assesses the long-run toll taken by a large-scale technological disaster on welfare, well-being and mental health. We estimate the causal effect of the 1986 Chernobyl catastrophe after 20 years by linking geographic variation in radioactive fallout to respondents of a nationally...
Persistent link: https://www.econbiz.de/10010427694
externality by lowering contributions when outsiders are negatively affected. Remarkably, voting does not increase contributions … when it would be most desirable, i.e. with a positive externality. Here, participants vote for high contributions, yet …
Persistent link: https://www.econbiz.de/10010478914
Training funds are used to incentivize training in developing countries, but the funds are based on payroll taxes that lower the return to training. In the absence of training funds, larger, high-wage and more capital intensive firms are the most likely to offer training unless they are...
Persistent link: https://www.econbiz.de/10010481667