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Welfare as simple(x) equity equivalents
Berger, Loïc; Emmerling, Johannes - 2017
Inequity plays a fundamental role in the evaluation of social welfare in many dimensions.We revisit the concept of inequity, whether across states of world (uncertainty), across individuals (inequality) and across generations (intergenerational equity), using a common framework generalizing the...
Persistent link: https://www.econbiz.de/10011622070
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Does education increase risk aversion? : evidence using artefactual experiments in Peru
Chong, Alberto; Martínez, Joan J. - 2019
Persistent link: https://www.econbiz.de/10012215674
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Preparation for old age in France : the roles of preferences and expectations
Apouey, Bénédicte H. - 2017
Persistent link: https://www.econbiz.de/10011694738
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From forward to spot prices : producers, retailers and loss averse consumers in electricity markets
Di Cosmo, Valeria; Trujillo-Baute, Elisa - 2018
The benefits of smoothing demand peaks in the electricity market has been widely recognised. European countries such Spain and some of the Scandinavian countries have recently given to the consumers the possibility to face the spot prices instead of having a fixed tariffs determined by...
Persistent link: https://www.econbiz.de/10011914070
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Accounting for different uncertainties : implications for climate investments?
Hector, Svenja - 2013
The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a general framework that can cope with various forms of uncertainty, it is shown that the response of the consumption discount rate to a change in risk aversion depends on some...
Persistent link: https://www.econbiz.de/10010231715
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Sharing of climate risks across world regions
Emmerling, Johannes - 2014
Uncertainty is prevalent in the context of climate change impacts. Moreover, the distribution across the globe is not uniform. We analyze how climate risks could be reduced via an insurance scheme at the global scale across regions and quantify the potential welfare gains from such a scheme....
Persistent link: https://www.econbiz.de/10010404114
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Vertical Structure and the Risk of Rent Extraction in the Electricity Industry
Boom, Anette; Buehler, Stefan - 2018
This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and welfare in the electricity industry. Analyzing a model in which demand is uncertain and retailers must commit to retail prices before they buy electricity in the wholesale...
Persistent link: https://www.econbiz.de/10012142389
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Coordination and matchmakers
Spiegler, Ran - 1995
Persistent link: https://www.econbiz.de/10000918036
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The strategic use of abatement by a polluting monopoly
Martín Herrán, Guiomar; Rubio, Santiago J. - 2016
, abatement effort made by the monopoly and social welfare comparing two alternative policy games. The first game assumes that the …
Persistent link: https://www.econbiz.de/10011547525
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Emission taxes, feed-in subsidies and the investment in a clean technology by a polluting monopoly
García-Alaminos, Ángela; Rubio, Santiago J. - 2019
The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the … calculated solving a two-stage policy game between the regulator and the monopoly with the regulator acting as the leader of the … output but does not affect the total output. On the other hand, the subsidy leads to the monopoly to reduce the dirty output …
Persistent link: https://www.econbiz.de/10012028355