Results 51 to 60 of about 139 (127)
EU ETS Market Expectations and Rational Bubbles
Journal of Money, Credit and Banking, EarlyView.Abstract The European Union Emissions Trading System (EU ETS) experienced sharp allowance price increases from 2018 onward, prompting claims that rational bubbles were driving the surge. We reassess this hypothesis using expectations based on futures prices.
CHRISTOPH WEGENER +2 more
wiley +1 more source
RPM and Vertical Integration With Upstream Competition and Noncontractible Efforts
The Journal of Industrial Economics, EarlyView.ABSTRACT We study RPM and vertical integration in a common agency setting with two differentiated manufacturers and one retailer, where consumer demand depends on both the manufacturers' and retailer's noncontractible efforts. Under vertical separation, the adoption of maximum RPM by both manufacturers is an equilibrium and intensifies competition ...
Michele Bisceglia +3 more
wiley +1 more source
The Cost of Convenience: A Hedonic Approach to Travel Time Valuation and Cost‐Benefit Analysis
Journal of Regional Science, EarlyView.ABSTRACT This paper presents a novel revealed‐preference approach to estimating the value of travel time (VTT) and calculating consumer surplus for the economic evaluation of transport infrastructure. Departing from traditional stated‐preference models, we derive time valuations by linking residential rental transactions in Greater Sydney to employment
Isaac Mann, David M. Levinson
wiley +1 more source
Journal of Product Innovation Management, EarlyView.ABSTRACT The circular economy (CE) has emerged as a promising paradigm to address environmental challenges through resource efficiency, product life cycle transformation, and business model innovation. Yet, implementing circular business models remains challenging due to the complexity of coordinating stakeholders and managing large volumes of data ...
Konstantin Remke +4 more
wiley +1 more source
The Front‐End of Circular Innovation in Incumbent Firms
Journal of Product Innovation Management, EarlyView.ABSTRACT The Circular Economy introduces ambiguity and complexity when developing products and services, by using materials and resources differently; innovations and related business models thus deviate markedly from those evident in the “linear economy”.
Jessica Fishburn +3 more
wiley +1 more source
Solar Energy Risks: Stochastic Radiation Modeling and Optimal Hedging Strategies
Mathematical Finance, EarlyView.ABSTRACT The growing integration of solar power into electricity markets increasingly demands advanced risk management tools to address the inherent variability of solar radiation and its interaction with electricity prices. This paper introduces a novel framework for modeling and pricing new financial instruments designed to link payoffs directly to ...
Silvia Romagnoli, Beniamino Sartini
wiley +1 more source
From Opportunity to Constraint: Structural Inequities in Public Pension Fund Investing
Public Budgeting &Finance, EarlyView.Abstract This study examines how structural features shape participation in private equity across U.S. state and local public pension systems. Using panel data from the Boston College Public Plans Database the analysis introduces the concept of structural asymmetries to explain persistent differences in access to illiquid investment strategies ...
Odd J. Stalebrink
wiley +1 more source
Does the European Union ‘Rule the World’? Competition Law Diffusion to Singapore and Hong Kong
Regulation &Governance, EarlyView.ABSTRACT This article examines why Singapore and Hong Kong adopted competition law by testing four diffusion mechanisms: coercion, competition, learning, and the Brussels Effect. Using structured process tracing and extensive archival evidence, it evaluates the distinct observable implications of each mechanism.
Yannis Karagiannis
wiley +1 more source
The New Economics of Cape Slavery
South African Journal of Economics, Volume 94, Issue 4, December 2026.ABSTRACT In this survey, I argue that the Cape Colony has become one of the most useful settings for studying the economics of unfree labour. The Cape offers a distinctive combination: a slavery regime linking the Indian Ocean and Atlantic worlds, an urban and agrarian economy, overlapping labour regimes and archives rich enough for linked micro‐data ...
Johan Fourie
wiley +1 more source
The Way Forward in Fashion e‐Commerce Returns: Enhancing Eco‐Efficiency
Journal of Business Logistics, Volume 47, Issue 4, October 2026.ABSTRACT In fashion e‐commerce, about one in three orders is returned; however, firms keep offering free, fast returns driving these volumes even as they acknowledge the economic and environmental costs. Why do inefficient return practices persist? We argue that the answer is not a failure to optimize but a collective trap in which no single actor can ...
Claudia Colicchia +6 more
wiley +1 more source