We compare several emissions reduction instruments, including quantity policies with banking and borrowing, price policies, and hybrid policies (safety valve and price collar), using a dynamic model with stochastic baseline emissions. The instruments are compared under the design goal of obtaining the same expected cumulative emissions across all options. Based on simulation analysis with the m...

estimation of agricultural sector demand and supply and identification of its determinants could lead to more efficient policies and planning of this section. in this study, aggregate demand and supply of agriculture sector for years of 1959-2007 by using of nonlinear restricted armax model are estimated. result indicates that aggregate agriculture demand is inelastic in short and long run. tho...

At one time, JEAB editorial policy was perceived by some to consist mainly of dogmatically enforcing a Skinnerian interpretation of all findings reported in the journal. Partly in response to that undeserved reputation, the journal explicitly defined itself as the place to publish research on the behavior of individual organisms, and not as a place that encourages any particular theoretical ori...

Channel rebates and returns policies are common mechanisms for manufacturers to entice retailers to increase their order quantities and sales ultimately. However, when the underlying demand depends on the retail price, it has been known that channel coordination cannot be achieved if only one of these mechanisms is deployed. In this paper, we show that a policy that combines the use of wholesal...

Active antitrust policy may result in perverse effects detrimental to consumer and social welfare because such active policy affects market structure through its impact on the mediumand long-run decisions of firms. This paper investigates the effects of deregulation of firms' pricing policies in a dynamic setting that allows for tacit collusion. We show that, provided the consumer reservation p...