environmental economic theory has restricted itself to either of them when submitting conventional policy instruments to a …

economic theory has restricted to either of them when submitting conventional policy instruments to a comparative analysis. The …

This paper studies road safety and accident externalities when insurance companies have market power, and can influence … technology choice. While a private monopolist internalizes accident externalities up to the point where compensations to users … externalities that their customers impose upon one another. Therefore, non-optimal premiums as well as speed and technology control …

provided in terms of informational asymmetries, human capital externalities, and long planning horizons. Transparency is … transparency are considered. These involve devoting resources to research on the measurement of human capital externalities …

required to internalize global environmental externalities. Therefore we adopt a dynamic framework of two economies (i … international environmental externalities - both are empirically significant. Starting from noncooperation we investigate the …

externalities by setting appropriate prevention incentives through insurance premiums. A monopoly insurance solution reduces not … only costs of risk selection, but can also play an important role in loss-prevention. -- externalities ; insurance monopoly …

We show that bounds like those of Al-Najjar and Smorodinsky (J. Econ. Theory, 2000) as well as of Gradwohl et al. (Math …