Showing 71 - 80 of 19,609
This paper analyses the organisation of coordination between generation and transmission in a liberalized power system. We rely on a modular analysis framework in order to split in distinct modules the coordination mechanisms. In a logic of institutional complementarities, the governance...
Persistent link: https://www.econbiz.de/10008578396
from this Ideal TSO and cannot handle these three modules irrespective of the “institutional” definition and allocation of … property rights on transmission; while 2°definition and allocation of property rights on transmission cannot ignore the …
Persistent link: https://www.econbiz.de/10005113776
We study optimal investment in self-protection of insured individuals when they face interdependencies in the form of potential contamination from others. If individuals cannot coordinate their actions, then the positive externality of investing in self-protection implies that, in equilibrium,...
Persistent link: https://www.econbiz.de/10010298371
mitigation. We consider, in a general equilibrium overlapping generations (OLG) model with environmental externalities, a … income in pollution mitigation in exchange for a transfer to their old-age capital income paid by the next generation. We … minimum level of income and we characterize the set of Pareto-improving mitigation-transfer combinations. Nash bargaining …
Persistent link: https://www.econbiz.de/10011480479
premium into the model, results show a substantial increase in both mitigation and adaptation, reflecting a more conservative … attitude by the social planner. Interestingly, adaptation is stimulated more than mitigation in the first half of the century …, while the situation reverses afterwards. Over the century, the risk premium correction fosters more mitigation, which …
Persistent link: https://www.econbiz.de/10011492389
premium into the model, results show a substantial increase in both mitigation and adaptation, reflecting a more conservative … attitude by the social planner. Interestingly, adaptation is stimulated more than mitigation in the first half of the century …, while the situation reverses afterwards. Over the century, the risk premium correction fosters more mitigation, which …
Persistent link: https://www.econbiz.de/10011451668
mitigation. We consider, in a general equilibrium overlapping generations (OLG) model with environmental externalities, a … income in pollution mitigation in exchange for a transfer to their old-age capital income paid by the next generation. We … minimum level of income and we characterize the set of Pareto-improving mitigation-transfer combinations. Nash bargaining …
Persistent link: https://www.econbiz.de/10011474731
We study optimal investment in self-protection of insured individuals when they face interdependencies in the form of potential contamination from others. If individuals cannot coordinate their actions, then the positive externality of investing in self-protection implies that, in equilibrium,...
Persistent link: https://www.econbiz.de/10010986430
As at today, it is an indisputable fact that the climate is changing and there is a scientific consensus that the world is becoming a warmer place principally attributable to human activities. Regrettably, the physical impacts of future climate change on humans and the environment will include...
Persistent link: https://www.econbiz.de/10011259199
excluding one member from team communication hurts team cooperation: the communicating partners collude in profit allocation … partners to reach out to the excluded member helps to restore cooperation and fairness in profit allocation. But it does not …
Persistent link: https://www.econbiz.de/10011912001