Zaklan (2023) examines the coasean independence property in the EU-ETS. To test this property, the author studies whether emissions are independent from the free allowance allocation. Some allowances were given for free to all EU Member States until 2012. From 2013 allowances were fully...

Rapid technological diffusion has led to a heavy reliance on digital communication media, fundamentally changing how people transact and coordinate. In this paper, we study how adopting digital communication impacts allocative efficiency and welfare distributions in a Coasian bargaining...