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Published in 2017 at "Environmental and Resource Economics"
DOI: 10.1007/s10640-017-0155-2
Abstract: We consider, in an overlapping generations model with an environmental externality, a scheme of contracts between any two successive generations. Under each contract, agents of the young generation invest a share of their labor income…
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Keywords:
contract;
social contracts;
pareto improving;
pollution ... See more keywords
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Published in 2018 at "European Journal of Political Economy"
DOI: 10.1016/j.ejpoleco.2017.09.003
Abstract: Abstract Analyzing the resource allocation between productive and appropriative activities in a conflict between prey and predator, this paper demonstrates the possibility of Pareto-improving economic assistance from South Korea to North Korea, even when augmented…
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Keywords:
pareto improving;
resource;
south korea;
north korea ... See more keywords
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Published in 2018 at "Transportation Research Part B: Methodological"
DOI: 10.1016/j.trb.2017.08.010
Abstract: We study urban structure and traffic congestion of a monocentric city by idealizing its suburb and its core as two zones and then exploring what would happen when they are connected by a congestible highway…
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Keywords:
idealized two;
city;
pareto improving;
improving policies ... See more keywords
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Published in 2024 at "American Economic Review"
DOI: 10.1257/aer.20230128
Abstract: We provide conditions for the feasibility of robust Pareto-improving (RPI) policies when markets are incomplete and the interest rate is below the growth rate. We allow for arbitrary heterogeneity in preferences and income risk and…
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Keywords:
risks robust;
improving policies;
robust pareto;
pareto improving ... See more keywords