Self-Enforcing Intergenerational Social Contracts for Pareto Improving Pollution Mitigation
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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… read more here.
Keywords: contract; social contracts; pareto improving; pollution ... See more keywords
More effective defense capabilities and pareto-improving resource transfers: Conflict on the Korean Peninsula
Sign Up to like & getrecommendations! 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… read more here.
Keywords: pareto improving; resource; south korea; north korea ... See more keywords
Pareto-improving policies for an idealized two-zone city served by two congestible modes
Sign Up to like & getrecommendations! 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… read more here.
Keywords: idealized two; city; pareto improving; improving policies ... See more keywords