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Uecker, Hannes - 2016

In many spatial resource models it is assumed that the agent is able to determine the harvesting activity over the complete spatial domain. However, agents frequently have only access to a resource at particular locations at which the moving biomass, such as fish or game, may be caught or...

Persistent link: https://www.econbiz.de/10012981350

Making World Heritage Truly Global : The Culture Certificate Scheme

Frey, Bruno S. - 2014

Culture has attributes of a global public good that needs to be preserved for mankind as a whole. World Culture … Certificates are proposed to efficiently preserve World Heritage. The community of nations has to agree on the Global Heritage List … and how much each nation is to contribute to that purpose. Each World Heritage site conserved is acknowledged through the …

Persistent link: https://www.econbiz.de/10013070880

Carbon Tariffs Revisited

Böhringer, Christoph - 2014

Concerns about adverse impacts on domestic energy-intensive and trade-exposed (EITE) industries are at the fore of the political debate about unilateral climate policies. Tariffs on the carbon embodied in imported goods from countries without emission pricing appeal as a measure to reduce carbon...

Persistent link: https://www.econbiz.de/10013055363

Buy Coal! Deposit Markets Prevent Carbon Leakage

Harstad, Bård - 2013

If a coalition of countries implements climate policies, nonparticipants tend to consume more, pollute more, and invest too little in renewable energy sources. In response, the coalition's equilibrium policy distorts trade and it is not time consistent. By adding a market for the right to...

Persistent link: https://www.econbiz.de/10013094942

Reflections on the International Coordination of Carbon Pricing

Parry, Ian W. H. - 2021

The efficiency effects of carbon pricing depend on how it impacts distortions in fossil fuel markets, most notably from local air pollution externalities. By offsetting these distortions, carbon pricing may generate significant net economic benefits, so it is in countries own interests to...

Persistent link: https://www.econbiz.de/10013315495

Banking Permits : Economic Efficiency and Distributional Effects

Bosetti, Valentina; Carraro, Carlo; Massetti, Emanuele - 2021

Most analyses of the Kyoto flexibility mechanisms focus on the cost effectiveness of where flexibility (e.g. by showing that mitigation costs are lower in a global permit market than in regional markets or in permit markets confined to Annex 1 countries). Less attention has been devoted to when...

Persistent link: https://www.econbiz.de/10013316607

Rent Seeking : The Social Cost of Contestable Benefits

Hillman, Arye L. - 2017

A major contribution of the public-choice school is the recognition by Gordon Tullock that contestable rents give rise to social losses because of unproductive resource use. Contestable rents usually are politically assigned privileges. Contestable rents can also be found outside of government...

Persistent link: https://www.econbiz.de/10012954832

Direct Distribution of Rents and the Resource Curse in Iran : A Micro-Econometric Analysis

Farzanegan, Mohammad Reza - 2014

Our goal is to examine the income inequality and welfare effects of the direct distribution of resource rents and subsequent taxation in Iran. We use rich micro survey data covering more than 36,000 Iranian households in 2009. Our micro-simulations show that the direct distribution of resource...

Persistent link: https://www.econbiz.de/10013051615

Ex Post Information Rents in Sequential Screening

Krahmer, Daniel - 2014

We study ex post information rents in sequential screening models where the agent receives private ex ante and ex post information. The principal has to pay ex post information rents for preventing the agent to coordinate lies about his ex ante and ex post information. When the agent's ex ante...

Persistent link: https://www.econbiz.de/10013054499

Resource Rents, Power, and Political Stability

Bjorvatn, Kjetil - 2014

We study the association between resource rents and political stability, highlighting the importance of the distribution of political power as a mediating factor. We present a simple theoretical model showing that increased rents are likely to be positively associated with the stability of a...

Persistent link: https://www.econbiz.de/10013054959