The logit-mixed logit (LML) model, which allows the analyst to semi-parametrically specify the mixing distribution of preference heterogeneity, is a very recent advancement in logit-type choice models. In…
We experimentally test different rule-based contribution mechanisms in a repeated 4-player public goods game with endowment heterogeneity and compare them to a VCM, distinguishing between a random and an…
Individuals’ risk preferences may change after experiencing external socio-economic or natural shocks. Theoretical predictions and empirical studies suggest that risk taking may increase or decrease after…
Klimawandelbedingte Kosten entstehen in einer Kaskade von Wirkungsmechanismen und -kreisläufen, die jeweils mit zahlreichen Unsicherheiten verbunden sind. Die Menge der Treibhausgasemissionen bestimmt, wie sich…
Contributions to Edited Volumes and Conference Proceedings
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2017
This paper analyzes hybrid emissions trading systems (ETSs)under partitioned environmental regulation when firms' abatement costs and future emissions are uncertain. We show that hybrid policies that…
This paper examines the effects of knowledge diffusion on growth and the costs of climate policy. We develop a general equilibrium model with endogenous growth which represents knowledge diffusion between…