Results 11 to 20 of about 16,740 (309)
The Externality of Discounted Externalities [PDF]
This article addresses an unexplored problem in the externalities literature: the present value of future externalities. The problem arises because externalized costs and benefits occur in the future, and therefore should be discounted, yet discount rates used by corporate decision-makers are typically higher than the appropriate social discount rate ...
Greenfield, Kent, Partnoy, Frank
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Matching with Externalities [PDF]
AbstractWe incorporate externalities into the stable matching theory of two-sided markets. Extending the classical substitutes condition to markets with externalities, we establish that stable matchings exist when agent choices satisfy substitutability.
Pycia, Marek, Yenmez, M Bumin
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The Spillover Effect of Divorce Rates on Marriage: Findings from Turkey [PDF]
From 2000 onwards, divorce has become prevalent in Turkey like many other developed countries. The rise in divorce rates might not only affect divorced people themselves. In this study, we examine whether divorce rates in the city in which the individual
Zeynep Uğur
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The rise of tech giants in the fund sales industry: an example of how information and digital technology rebuild platform economy [PDF]
Unlike its American counterpart, the Chinese financial industry has been challenged by tech giants through their digital platforms. As the entrance of the asset management industry, the fund sales industry is at the center of the revolution, with ...
Jiang Bowen
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Externality-correcting taxes and regulation [PDF]
Much of the literature on externalities has considered taxes and direct regulation as alternative policy instruments. Both instruments may in practice be imperfect, reflecting informational deficiencies and other limitations.
Christiansen, Vidar +5 more
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The provincial border, information costs, and stock price crash risk
Based on externalities in the allocation of interprovincial resources, we examine how geographic location affects firms’ access to resources and thus their information disclosure and stock price crash risk.
Lidan Li +3 more
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This study examines the optimal emission control at two competing public ports. We first develop a two-stage duopoly model in which governments determine the emission standard that restrains shipping operators’ fuel quality and ports are involved in ...
Kevin Hyosoo Park +2 more
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Towards a New Basel Accord with More Rigorous Settlements [PDF]
The recent financial crisis made the banking sector more vulnerable to shocks. The system was characterised by weaknesses: too much leverage in the banking; not enough high quality capital to absorb losses and excessive credit growth based on ...
Petru PRUNEA, Daniela COSMA
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Relationship between Environmental Damage and Corruption Cases in Indonesia
Environment and corruption are two very popular concepts in the last few decades. Both reflect on the negative side in society. Environmental issues are becoming popular because of many environmental problems that arise not only locally, regionally or ...
Muslihudin Muslihudin +4 more
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The Economics of Mitigation of Water Pollution Externalities from Biomass Production for Energy
To fulfill the national bioenergy goals of the United States, conversion of marginal lands to intensive biomass crop production and/or application of greater amounts of nutrients to existing cropland could be expected.
Naveen Adusumilli +3 more
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