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Persistent link: https://www.econbiz.de/10009765087
Globally, governments increasingly rely on auctions to advance renewable energy. This paper studies the design of wind farm auctions and evaluates the impact of price guarantees and subsidies on auction efficiency, government revenue, and renewable-energy production. While the theoretical...
Persistent link: https://www.econbiz.de/10014335529
Teams are formed because input from different people is needed. Providing incentives to team members, however, can be diffcult. According to received wisdom, declaring all members responsible fails because real responsibility for team output "diffuses". But why? And why and when does formally...
Persistent link: https://www.econbiz.de/10015125283
Persistent link: https://www.econbiz.de/10015413251