The phenomenon of rising wage inequality has been extensively documented in OECD countries. In the final quarter of the last century it appears to have been particularly marked in the US and UK. The drivers of rising inequality have been subject to econometric analysis and the relative roles of...

We examine the impact of secondary incentives by evaluating agent behaviour in a professional sport that rewards multiple outcomes. Our analysis focuses on the Super Rugby competition, which awards four points for a win and bonus points for scoring four or more tries and/or losing by seven or...

In the recent United Nations Framework Convention on Climate Change (UNFCCC) negotiations, sectoral trading was proposed to encourage early action and spur investment in low carbon technologies in developing countries. This mechanism involves including a sector from one or more nations in an...

We consider the large range of estimated costs of meeting U.S. climate policy targets. Some of this range is due to different studies using different cost measures, and in principle such differences could be eliminated by more careful comparisons and greater transparency in studies that estimate...

The paper identifies and theories future trends in public/private risk-sharing agreements, as a form of public subsidy, in thin market air service provision. Using a Pacific Islands example, the paper details the economic and policy implications of such agreements. In November 2008, the Cook...