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the first best can be implemented. Prior analyses of optimal damage awards, decoupling, and fee shifting are shown to …
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We propose and implement an index of macroeconomic vulnerability to foreign shocks based on a structural time-varying bayesianVARwith a block-exogeneity hypothesis for a given pair of a large economy and a small open economy. The index is based on the sum of the responses of the small open...
Persistent link: https://www.econbiz.de/10012814956
-seeking activities generate negative preference externalities, technological advance may lead to a particular type of "decoupling" of …
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Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
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manager) and operational disruptions (e.g., supply glitches). We examine the effectiveness of resilience strategies in … buffering against disruptions. We propose the use of relational resilience - i.e., the availability of suitable cover for the … resource resilience (e.g., maintaining safety stock) helps recover from operational disruptions. In the absence of publicly …
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