justice must be fully implemented already now, i.e., under the regime to succeed the Kyoto Protocol. First, the increase in …

reduces aggregate extraction but does not reach full efficiency. Full information and communication leads to the formation of …

reducing inequality. Educated workers in these countries have a much lower birth rate than uneducated workers. Assuming … incorporating this effect generates multiple stedy-state levels of inequality, suggesting that in some circumstances, temporarily … increasing access to educational opportunities could permanently reduce inequality. Empirical evidence suggests that the …

market efficiency unless one firm has too much cost advantage. When a more efficient entrant replaces the incumbent price … laboratory experiment to show how a market evolves when firms or individual traders endogenouslydetermine the search costs on … their prices. In the experiment, human subjects play sellers and the computer calculates demands and profits, assuming …