This paper reports two laboratory studies designed to study the impact of public informationabout past departure rates on congestion levels and travel costs. Our experimental design isbased on a discrete version of Arnott, de Palma, and Lindsey’s (1990) bottleneck model wheresubjects have to...

The changeover from a situation of Autarky to a situation of Free-Trade alters the trade and production patterns of the participatingcountries which in turn affects the transportation-sector. The amountof transported goods and the directions of the good-flows change.Profit-oriented shipping...

Many researchers have found game theory a useful method for analyzing internationalenvironmental problems. However, game theory has been criticized for being too theoretical,abstracting from too many practical problems and being based on very specific assumptions.This article tries to qualify...

This paper develops a general equilibrium model to measure welfare eects of taxesfor correcting environmental externalities caused by domestic trade, focusing on externalities that arise through exports. Externalities from exports come from a number ofsources. Domestically owned ships, planes,...

We analyze the design of optimal environmental policy when environmentaldamage is uncertain and investments in abatement technologies are irreversible. Weassume that the investment in the new abatement technology can be used for twoperiods and that the true extent of environmental damage will...

We analyze the effect of collective action vs green/environmentally aware consumers onambient environmental quality and market equilibrium. We consider a model with twotypes of consumers who differ in their willingness-to-pay for a good available in twodifferent environmental qualities, and two...

This paper shows that although small or nancially constrained environmentalistgroups may be in a weak position, relative to polluting industries, in the directcompetition for political inuence, they can compete indirectly through changingpublic preferences over environmental quality. However, in...

In practice, central banks have been confronted with a trade-off between stabilising inflation and output when dealing with rising oil prices. This contrasts with the result in the standard New Keynesian model that ensuring complete price stability is the optimal thing to do, even when an oil...

Predictions from the original geophysical approach to oil explorationand production suggest that oil production will develop according to a predeterminedand inflexible bell-shaped trajectory, quite independent of variables relatingto technological development, economics, and policy. Exploring...

Topical issues in petroleum tax design are in this chapter discussed by means of a tax model for anet income tax system (Norway) and a representative PSA regime. We analyse the entire lifecycle of a typical petroleum project, i.e., the exploration decision is included. Many petroleumtax systems...