Economic theories of managing renewable resources, such as fisheries and forestry, traditionally assume that individual harvesters are perfectly rational and thus able to compute the harvesting strategy that maximizes their discounted profits. The current paper presents an alternative approach...

Achieving the ambition of limiting global warming to 1.5°C to 2°C by the end of the century as enacted in the Paris Climate Agreement will require massive investments in environmental technologies and a forceful change of path away from high-carbon technologies. This report presents novel...

This chapter provides a literature overview on the use of input-output (I-O) analysis in efficiency and productivity measurements. The exposition covers both the traditional I-O modeling framework and its extension to frontier-based I-O approach that adds elements of frontier analysis into the...

This document provides a review of recent theoretical and empirical literature on the relationship between entry, exit and productivity. Decomposition methods show that entry and exit considerably contribute to productivity growth, but are unable to shed any light on the ultimate sources of...