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Incentives and Stability Of International Climate Coalitions: An Integrated Assessment

Bosetti, Valentina; Carraro, Carlo; De Cian, Enrica; … - C.E.P.R. Discussion Papers - 2012

This paper analyses the incentives to participate in and the stability of international climate coalitions. Using the integrated assessment model WITCH, the analysis of coalitions’ profitability and stability is performed under alternative assumptions concerning the pure rate of time...

Persistent link: https://www.econbiz.de/10011083407

Behind the GATE Experiment: Evidence on Effects of and Rationales for Subsidized Entrepreneurship Training

Fairlie, Robert W; Karlan, Dean S.; Zinman, Jonathan - C.E.P.R. Discussion Papers - 2012

We use randomized program offers and multiple follow-up survey waves to examine the effects of entrepreneurship training on a broad set of outcomes. Training increases short run business ownership and employment, but there is no evidence of broader or longer run effects. We also test whether...

Persistent link: https://www.econbiz.de/10011084448

Social Networks

De Martí, Joan; Zenou, Yves - C.E.P.R. Discussion Papers - 2009

We survey the literature on social networks by putting together the economics, sociological and physics/applied mathematics approaches, showing their similarities and differences. We expose, in particular, the two main ways of modeling network formation. While the physics/applied mathematics...

Persistent link: https://www.econbiz.de/10008557014

Do the 'Three-Point Victory' and 'Golden Goal' Rules Make Soccer More Exciting? A Theoretical Analysis of a Simple Game

Brocas, Isabelle; Carrillo, Juan D - C.E.P.R. Discussion Papers - 2002

This note argues that a rigorous application of simple game theory may provide unambiguous yet non-trivial theoretical insights about the behaviour of players in simple games. This contrasts with a commonly held view that many predictions in applied game theory are either obvious or...

Persistent link: https://www.econbiz.de/10005666780

Competition, Globalization and the Decline of Inflation

Chen, Natalie; Imbs, Jean; Scott, Andrew - C.E.P.R. Discussion Papers - 2004

We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … and significant impact on sectoral prices. Increased openness lowers prices by both reducing markups and raising … productivity rises in a manner that increases over time. Our estimates suggest that EU manufacturing prices fell by 2 …

Persistent link: https://www.econbiz.de/10005667140

Price Wars in Finite Sequential Move Price Competition

Wallner, Klaus - C.E.P.R. Discussion Papers - 2001

-undercutting at high prices, followed by infrequent but regular price wars. In a price war, a firm lowers all the way to a trigger … level low enough to induce rivals to raise prices in the next period. While the price war is costly, both firms benefit in …

Persistent link: https://www.econbiz.de/10005504324

Distributional Conflict in Organisations

Inderst, Roman; Mueller, Holger M; Wärneryd, Karl - C.E.P.R. Discussion Papers - 2002

Hierarchy can function as an instrument to channel influence activities or power struggles in organizations. Contrary to what has frequently been argued, we show that multi-divisional organizations may involve lower influence costs than single-tier organizations, even though they offer more...

Persistent link: https://www.econbiz.de/10005504716

Optimal Majority Rules and Enhanced Cooperation

Widgrén, Mika - C.E.P.R. Discussion Papers - 2001

between the two designs becomes wider, which makes the trade-off more difficult to solve. The compromise solution is closer to …

Persistent link: https://www.econbiz.de/10005504730

Order Flow Composition and Trading Costs in Dynamic Limit Order Markets

Foucault, Thierry - C.E.P.R. Discussion Papers - 1998

market. Investors can choose to post limit orders or to submit market orders. Limit orders result in better execution prices …

Persistent link: https://www.econbiz.de/10005504762

Inequality and Political Consensus

Grüner, Hans Peter - C.E.P.R. Discussion Papers - 2003

This Paper develops a model of political consensus in order to explain the missing link between inequality and political redistribution. Political consensus is an implicit agreement not to vote for extreme policy proposals. We show that such an agreement may play an efficiency-enhancing role....

Persistent link: https://www.econbiz.de/10005497877