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Persistent link: https://www.econbiz.de/10005767417
We analyze the contract between an innovator and a developer, when the former has private information on his idea and the latter must exert efforts but may also quit the relationship after having been informed. We show that the equilibrium contracts distort downwards the developer's incentives...
Persistent link: https://www.econbiz.de/10008540631
We analyze the contract between an innovator and a developer, when the former has private information on his idea and the latter must exert efforts but may also quit the relationship after having been informed. We show that the equilibrium contracts distort downwards the developer's incentives...
Persistent link: https://www.econbiz.de/10008465394
Persistent link: https://www.econbiz.de/10008465402
Persistent link: https://www.econbiz.de/10003983875
Persistent link: https://www.econbiz.de/10003472436
We address the need to regulate Internet infrastructure usage to take into account environmental externalities. We model the interactions between an internet service provider and some content providers in settings where the former chooses the network size and the latter influence congestion on...
Persistent link: https://www.econbiz.de/10014345021
This paper discusses the feasibility and performances of simple mechanisms to implement international environmental agreements in the multilateral externalities context of global warming. Asymmetric information and voluntary participation by sovereign and heterogenous countries are key...
Persistent link: https://www.econbiz.de/10010968932
We analyze environmental agreements in contexts with asymmetric information, voluntary participation by sovereign countries and possibly limited enforcement. Taking a mechanism design perspective, we study how countries can agree on effort levels and compensations to take into account...
Persistent link: https://www.econbiz.de/10009369354
This paper discusses the feasibility and performances of simple mechanisms to implement international environmental agreements in the multilateral externalities context of global warming. Asymmetric information and voluntary participation by sovereign and heterogenous countries are key...
Persistent link: https://www.econbiz.de/10011004715