Showing 1 - 10 of 2,722
We study the introduction of new technologies when their costs are subject to idiosyncratic uncertainty and can only be fully learned through individual experience. We set up a dynamic model of clean experience goods that replace old polluting consumption options and show how optimal regulation...
Persistent link: https://www.econbiz.de/10010291530
, which brings destabilizing price effects on the economy and causes serious environmental problems like climate change. India … economic feasibility of sugarcane bioethanol in India while considering food security as a competing policy priority. The … analyses show that 20% blending of bioethanol cannot be achieved without affecting food production in India at the current …
Persistent link: https://www.econbiz.de/10010507318
by addressing the subsidies and cost recovery of the existing tariff policy in the context of Uttar Pradesh (UP), India … market, based on unmetered connections, a fixed monthly tariff, and a subsidy policy of fiscal transfers to the utility, is … suboptimal in its targeting efficiency, incentives for energy conservation, and transparency of subsidy payments. The policy …
Persistent link: https://www.econbiz.de/10012610106
Sonnenenergie zur Stromgewinnung hat enorme Potentiale. Theoretisch könnte mit in Nordafrika installierten solarthermischen …
Persistent link: https://www.econbiz.de/10011602026
This paper proposes and analyzes a stationary equilibrium model for a competitive industry which endogenously determines the carbon price necessary to achieve a given emission target. In the model, firms are identified by their level of technology and make production, entry, and abatement...
Persistent link: https://www.econbiz.de/10014494914
We present a general model of two players contest with two types of efforts. Contrary to the classical models of contest, where each player chooses a unique effort, and where the outcome depends on the efforts of all the players, contestants are allowed to reduce the effort of the opponent....
Persistent link: https://www.econbiz.de/10010312400
Hierarchical firms are enterprises with rigid internal job ladders. We examine the state enterprise as the prototypical hierarchical firm. In the state enterprise, promotion of employees through the internal hierarchy is determined by the workers’ allocation of time between rent seeking and...
Persistent link: https://www.econbiz.de/10010318354
Governments do not have perfect information regarding the priorities and the needs of different groups in the economy. This lack of knowledge opens the door for different groups to lobby the government in order to receive the government’s support. We set up a model of hierarchical contests and...
Persistent link: https://www.econbiz.de/10010318360
In this paper we develop a theory of “Kosher Wars” under which Rabbis (certifying authorities) compete to enhance the level of Jewish observation of their congregations. The level of observance can be seen as the Rabbi’s rents. Our rent-seeking model explains the establishment...
Persistent link: https://www.econbiz.de/10010318373
We present a growth model where agents divide time between rent seeking in the form of resource competition; and working in a human capital sector, interpreted as trade or manufacturing. Rent seeking exerts negative externalities on the productivity of human capital, generating multiple steady...
Persistent link: https://www.econbiz.de/10010320071