The high costs in the European Union of supplying electricity can only be structurally reduced through decarbonisation and deeper European electricity system integration. In the short-term, policymakers have few choices. They can redistribute system costs by shifting components from one consumer...

This paper documents a new consequence of market integration: local reallocation, i.e., the exit of some workers from production even though employment increases in the same area and industry. Thanks to new data on over 150,000 personal bankruptcies combined with detailed microcensus data from...

As environmental concerns receive increasing attention, investments in environmental resources have grown, leading to numerous green technology innovations (GTI). Yet, amid limited resources, exploring green technology innovation efficiency (GTIE) becomes a more meaningful topic. Efficient...

The received characterizations of feasible interim allocations are mostly in the spirit of Border (1991): Fix a family of sets, each containing some player-types, and test the interim allocation under consideration against all these sets. In the published literature, such Border-like...