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Firms sometimes comply with externality-correcting policies by gaming the measure that determines policy. We show theoretically that such gaming can benefit consumers, even when it induces them to make mistakes, because gaming leads to lower prices by reducing costs. We use our insights to...
Persistent link: https://www.econbiz.de/10012977637
Firms sometimes comply with externality-correcting policies by gaming the measure that determines policy. We show theoretically that such gaming can benefit consumers, even when it induces them to make mistakes, because gaming leads to lower prices by reducing costs. We use our insights to...
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The European Green Cars Initiative (EGCI) is a Public- Private Partnership (PPP) part of the European Economic Recovery Plan launched in November 2008. The objective of the EGCI is to support Research and Development (R&D) on technologies and systems that are able to bring breakthroughs in the...
Persistent link: https://www.econbiz.de/10015310112
The European Green Cars Initiative (EGCI) is a Public- Private Partnership (PPP) part of the European Economic Recovery Plan launched in November 2008. The objective of the EGCI is to support Research and Development (R&D) on technologies and systems that are able to bring breakthroughs in the...
Persistent link: https://www.econbiz.de/10015307625