Results 211 to 220 of about 337,008 (288)

Carbon Pricing versus Green Finance

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT Green finance—including environmental, social, and governance investing and sustainable finance regulations—is widespread, but can it substitute for carbon pricing in fighting climate change? In a unified model, I show that (i) when carbon prices reflect the social cost of carbon, green finance should not be used; (ii) when carbon prices are ...
LASSE HEJE PEDERSEN
wiley   +1 more source

Deep mechanism design: Learning social and economic policies for human benefit. [PDF]

open access: yesProc Natl Acad Sci U S A
Tacchetti A   +8 more
europepmc   +1 more source

Innovation, Licensing, and Competition: Evidence From Genetically Engineered Crops

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT We provide a novel empirical analysis of the role of technology licensing, between competitors, for genetically engineered (GE) traits in the US seed industry. We extend the standard differentiated‐product Bertrand pricing model to include trait licensing, which permits us to recover marginal costs and (otherwise unobserved) royalty rates ...
GianCarlo Moschini, Edward D. Perry
wiley   +1 more source

The Determinants of Negotiated Pharmaceutical Prices

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT We focus on the determinants of pharmaceutical drug prices. Using data from the Brazilian pharmaceutical market, we find large variations in drug prices across buyers, drug classes, and time periods. Our estimation results provide evidence that transaction‐specific determinants between buyers and sellers (e.g., transaction volume, buyer's ...
Ralph B. Siebert   +2 more
wiley   +1 more source

Optimal Simple Ratings

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT We study optimal simple rating systems that partition sellers into a finite number of tiers. We show that optimal ratings must be threshold partitions, and that for linear supply and Cournot competition with constant marginal cost, optimal thresholds solve a k‐means clustering problem requiring only the quality distribution.
Hugo Hopenhayn, Maryam Saeedi
wiley   +1 more source

Keep on Keepin’ on Down Under: Administrative Heritage and the Strategic Realignment of Multinational Enterprises in Australia During Deglobalization, 1914–79

open access: yesJournal of Management Studies, EarlyView.
Abstract We analyse the behaviour of multinational enterprises (MNEs) within a host nation – Australia – during deglobalization (1914–79). Deglobalization is often portrayed as a drastic event to which MNEs respond swiftly, probably through withdrawal from host countries.
Pierre Van der Eng   +4 more
wiley   +1 more source

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