We analyse a delegation problem in the context of international climate policy. Principals in two countries first decide whether to merge domestic emission permit markets to an international market, then…
In a general equilibrium model with two periods and a finite fossil resource, I analyze the non-cooperative climate policies of symmetric countries that are in competition for mobile factors of production…
We empirically investigate the effect of procurement oversight on contract outcomes. In particular, we stress a distinction between public and private oversight: the former is a set of bureaucratic checks…