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We develop a dynamic general equilibrium integrated assessment model that incorporates costs due to new technology adoption in renewable energy as well as externalities associated with carbon emissions and renewable technology spillovers. We use world economy data to calibrate our model and...
Persistent link: https://www.econbiz.de/10014080132
has ignored possible dynamic effects: e.g., anticipating that team formation is based on prior performance will affect … prior performance. We test this hypothesis in a lab experiment with two stages of a real effort task. Participants first … performance. Our results are consistent with a simple investment-cum-matching model: pairing the worst performing individuals with …
Persistent link: https://www.econbiz.de/10011594146
The performance of market based environmental regulation is affected by patents and vice versa. This interaction is …
Persistent link: https://www.econbiz.de/10011422129
The topic of this note is issues related to R&D expenditures leading to improved technologies for reducing environmentally harmful emissions. The focus is on he following questions: Will a market economy where environmental policies are restricted to taxes or quotas give the socially efficient...
Persistent link: https://www.econbiz.de/10010285603
In the context of technological change, the influence of innovative entrants on incumbents is considered a major driving force. Using global patent data, we analyze this influence for the case of the transition from combustion engine vehicles towards alternative technology vehicles (ATVs)....
Persistent link: https://www.econbiz.de/10011620610
The topic of this note is issues related to R&D expenditures leading to improved technologies for reducing environmentally harmful emissions. The focus is on he following questions: Will a market economy where environmental policies are restricted to taxes or quotas give the socially efficient...
Persistent link: https://www.econbiz.de/10008655548
The performance of market based environmental regulation is affected by patents and vice versa. This interaction is …
Persistent link: https://www.econbiz.de/10003379131
This paper addresses the question of the software companies’ timing of adoption of the open source software (OSS) business models comprising the supply of OSS products and/or services. The game-theoretic technology adoption models do not explain well the observed diffusion patterns of the OSS...
Persistent link: https://www.econbiz.de/10010285071
The literature on environmental R&D frequently studies innovation as a two-stage process, with a single R&D event leading from a conventional polluting technology to a perfectly clean backstop. We allow for uncertainty in innovation in that the new technology may turn out to generate a new...
Persistent link: https://www.econbiz.de/10011422142
We study the optimal R&D trajectory in a setting where new technologies are never perfect backstops in the sense that there is no perfectly clean technology that eventually solves the pollution problem once and for all. New technologies have stings attached, i.e. each emits a specific stock...
Persistent link: https://www.econbiz.de/10011422147