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Climate change scenarios suggest that long periods without rainfall will occur in the future often causing instability of the agricultural products market. The aim of the research was to build a model...
When monopolistic firnls price using markups over worker productivity, low productivity workers may not enter the labor market because the wage may be too low. In the presence of aggregate demand spi...
I use a field experiment to estimate the wage elasticity of employment in the day labor market in rural Malawi. Once a week for 12 consecutive weeks, I make job offers for a workfare-type program to...
California's Cap and Trade market in greenhouse gases (GHG) is now in its third calendar year, with the rst allowance auction taking place on November 14, 2012 and compliance obligations commencing...
This paper provides a prospective and retrospective quantitative assessment of the impact of a passive vertical integration between a large electricity retailer and a large electricity generator i...
This paper argues that many determinants of generic oligopoly market outcomes can be studied in bidbased wholesale electricity markets under much weaker assumptions than in other oligopoly industries ...
The assumption of expected profit-maximizing bidding behavior in a multi-unit, multi-period auction with step-function supply curves is used to estimate cost functions for electricity generatio...
The Superintendencia de Servicios Públicos (SSPD) has asked me to analyze and comment on a number of issues relating to the performance and monitoring of the Colombian Electricity Supply Industry....
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. Howeve...
The objective of the study is to analyze the economics of the bio-energy production for Taiwan in terms of the bio-energy production, social welfare and crop yield increase under the conventional bio-...
Outsourcing firms seeking to avoid reputational spillovers that can arise from dangerous, illegal, and unethical behavior at supply chain factories increasingly rely on private social auditors to prov...
Suppliers are increasingly being asked to share information about their vulnerability to climate change and their strategies to reduce greenhouse gas emissions. Their responses vary widely. We theoriz...
Supply-chain disruptions have a material effect on company value, but this impact can vary considerably. Thus, it is important for managers and investors to recognize the types of disruptions and the ...
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. Howeve...

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