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In this paper we analyze the effectiveness of eco-labels in reducing the supply of eco-unfriendly products. We focus on the situation where a labeled product is viewed by consumers as a private good and develop a theoretical model to pin down theinteraction between consumers' willingness to pay...
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Behaviors of migrants towards shocks are worthy to study to understand their reflection on external unexpected events to narrow the gap in the literature of migrations. Besides, rural development policies are believed to help reverse the rural-urban migration. This research paper was aimed at...
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The paper examines the effectiveness of eco-labeling in providing a market-based solution to the under-consumption of eco-friendly products in developing and developed countries. The authors show that whether labeling is an effective device in solving the problem of asymmetric information...
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