Abstract Sectoral coverage that plays a critical role in operationalizing the emission trading scheme (ETS), has gained substantive attention. Despite insightful views on sectoral from reduction potential or carbon leakage, previous studies overlook cost-effectiveness of ETS sense varying marginal contributions each sector to reducing abatement costs (EACs) (which is defined as cost savings, MC...

Direct-to-Consumer Advertising (DTCA) of prescription drugs is controversial and has ambiguous potential welfare effects. In this paper, I estimate costs and benefits of DTCA in the market for antidepressant drugs. In particular, using individual health insurance claims and human resources data, I estimate the effects of DTCA on outcomes relevant to societal costs: new prescriptions, prices and...

to evaluate the influence of core thickness and fabrication stages on the marginal accuracy of ips e.max press crowns.twenty ips e.max press crowns, 1.5mm thick, were fabricated on metal dies. the crowns had two different core thicknesses, 0.8mm for group a and 1mm for group b, ten for each group. marginal gap was measured after each stage of core fabrication, veneering and glaze firing. the sp...

In this paper, we consider the day-ahead operational planning problem of a radial distribution network hosting Distributed Energy Resources (DERs) including rooftop solar and storage-like loads, such as electric vehicles. We present novel decomposition method that is based on centralized AC Optimal Power Flow (AC OPF) interacting iteratively with self-dispatching DER problems adapting to real r...

Users share an increasing marginal cost technology. A method charges non negative cost shares covering costs. We look at the worst surplus (relative to the efficient surplus) in a Nash equilibrium of the demand game, where the minimum is taken over all convex preferences quasilinear in cost shares. We compare two budget-balanced methods, average cost pricing and serial cost sharing, and two met...

Traditional environmental theory suggests that the optimal level of a pollution emission occurs when the marginal damage created by the emissions is equal to the marginal cost of reducing the emissions. We argue that the benefits from reducing pollution should be much more broadly defined to include at least three other sources of benefits. First, we develop a game-theoretic model in which firm...