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Regulating Untaxable Externalities : Are Vehicle Air Pollution Standards Effective and Efficient?

Jacobsen, Mark R.; Sallee, James; Shapiro, Joseph S.; … - 2022

What is a feasible and efficient policy to regulate air pollution from vehicles? A Pigouvian tax is technologically … infeasible. Most countries instead rely on exhaust standards that limit air pollution emissions per mile for new vehicles. We … transportation, and counterfactual policies. We show that the air pollution emissions per mile of new US vehicles has fallen …

Persistent link: https://www.econbiz.de/10014240477

How effective are advertising bans? On the demand for quality in two-sided media markets

Greiner, Tanja; Sahm, Marco - 2011

advertising motive. We analyze the impact of both the strength of mutual externalities and advertisement regulation policies on …

Persistent link: https://www.econbiz.de/10010277419

Transfer Pricing and the Arm's Length Principle Under Imperfect Competition

Choi, Jay Pil - 2019

sourcing incentives. We also develop a novel theory of vertical foreclosure as an equilibrium outcome of strategic transfer …

Persistent link: https://www.econbiz.de/10012892268

The Transition to Carbon Capture and Storage Technologies

Golombek, Rolf; Kverndokk, Snorre; Greaker, Mads; Ma, Lin - 2021

We model the value chain of Carbon Capture, transport and Storage (CCS) by focusing on the decisions taking by actors involved in either capture, transport or storage of CO2. Plants emitting CO2 are located along a Salop circle. If these invest in carbon capture facilities, the captured CO2 is...

Persistent link: https://www.econbiz.de/10013229700

Investment in Quality Upgrade and Regulation of the Internet

Baranes, Edmond - 2020

This paper studies the investment decision by a monopolistic internet service provider (ISP) in different regulatory environments. We consider that the ISP could technically provide separate quality upgrades to two vertically differentiated content providers (CPs); therefore, it could...

Persistent link: https://www.econbiz.de/10012841934

Tax Evasion and Competition

Goerke, Laszlo; Runkel, Marco - 2021

Using a Cournot oligopoly model with an endogenous number of firms and evasion of indirect taxes, this paper shows that more intense competition may have the negative side-effect of eroding tax revenues by increasing tax evasion. This will be the case if market entry costs decrease. A similar...

Persistent link: https://www.econbiz.de/10013316822

Regulating Stock Externalities

Gerlagh, Reyer - 2019

-consistent policy rules that implement the stochastic first best as long as a future market exists. We apply our theory to carbon …

Persistent link: https://www.econbiz.de/10012892203

Reference pricing of pharmaceuticals

Brekke, Kurt R.; Koenigbauer, Ingrid; Straume, Odd Rune - 2006

We consider a therapeutic market with potentially three pharmaceutical firms. Two of the firms offer horizontally differentiated brand-name drugs. One of the brand-name drugs is a new treatment under patent protection that will be introduced if the profits are sufficient to cover the entry...

Persistent link: https://www.econbiz.de/10010263999

Tax evasion and competition

Goerke, Laszlo; Runkel, Marco - 2007

Persistent link: https://www.econbiz.de/10010264215

Decentralized Environmental Regulations and Plant-Level Productivity

Ghosal, Vivek - 2018

regulated due to its historically large contribution to air and water pollution. Our paper contributes to the broader empirical … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …

Persistent link: https://www.econbiz.de/10012908663