Search results for "Incentive"
showing 10 items of 297 documents
Environmental pollution, sustained growth, and sufficient conditions for sustainable development
2016
Abstract Sustainability and optimality are the two main issues discussed in environmental economics and economic growth theory. This paper studies economic growth in the presence of two environmental externalities. The first one is local and gives account of the marginal damage from the emissions flow. The second one is aggregate, or global, and relates to the extreme damage which may happen if the accumulated stock of pollutants is on the threshold of a worldwide catastrophe. In this context, the decentralized equilibrium is inefficient and economic growth unsustainable. However, we find and completely characterize the socially optimal equilibrium, which shows that sustained growth is feas…
Survey-based qualitative analysis of young generation perception of sustainable development in Poland
2020
Abstract Understanding the perception of Sustainable Development can help to identify misconceptions surrounding the concept in order to design better education plans and public policies on this subject. Evaluating the perception of sustainability issues by focusing on the young generation as is an important proxy to imagine what the future holds for in terms of addressing sustainable development. We conducted 177 in-person interviews on a heterogeneous group of students and random volunteers in four cities in Poland to assess their perception of Sustainable Development. The vast majority (89.3%) of the respondents were familiar with the term ‘Sustainable Development’. However, part of them…
Tax benefits for the energy requalification of Italian real estate assets
2020
The need for energy-efficient buildings has emerged since the onset of the first energy crises in the 1970s. It's in this decade that the concepts of sustainable development and energy saving have been introduced in the construction sector. Currently, the greatest energy saving potential for buildings does not lie in new buildings, but in the energy redevelopment of existing buildings. In order to promote interventions for building restoration, which are often costly and not economically convenient, Italian legislation has made a series of economic incentives available to the sector. This work reviews the main incentive systems for the energy requalification of buildings.
Climate change, consumer lifestyles and legitimation strategies of sustainability-oriented firms
2021
Abstract This study explores the links between climate change, consumer lifestyles, and legitimation strategies of sustainable firms. Our findings offer new insight into this under-researched area based on qualitative case studies of four Nordic firms operating in industrial and consumer contexts. We find that climate change consciousness is a major driver for all case firms’ sustainability-focused operations, but the dynamics differed. Achieving sociopolitical legitimacy emerges as an important factor for the case firms operating in the energy sector, especially as it connects to government incentives and regulative pressures. However, cognitive legitimacy is increasingly important for the…
Sustainable Mobility in Park Areas: The Potential Offered by Guided Transport Systems
2012
The project choices to design and manage a transport infrastructure system are extremely hard in thinly populated areas like, for instance, protected areas and mostly parks. In actual fact, the need for promotion and development of these areas, often characterized by large surfaces, contrasts with the necessity to preserve their inestimable natural value. The transportation demand in extremely sensible environmental contexts can be satisfied by providing incentives to use reduced-impact means of transport, regulating adequately the vehicle traffic flow and promoting the intermodality between private and public transport systems. Apart from performing their own traditional functions, these s…
Demand Response Service Certification and Customer Baseline Evaluation Using Blockchain Technology
2020
The use of Distributed Ledger Technologies such as Blockchain for certifying Demand Response services allows for the creation of a distributed system in which customers can communicate with the system operator to provide their flexibility, in a secure, transparent and traceable way. Blockchain technology also supports incentive mechanisms for users taking part in the service through the generation of utility tokens to recognize the user's contribution. This paper presents the experimental test of a novel methodology for Demand Response programs implementation by using the Blockchain technology. The latter is employed for defining a distributed Demand Response service and a new system for it…
La théorie des tournois appliquée aux joueurs de tennis professionnels : peut-on encore parler d’incitations à la performance ?
2011
L’objet de cet article est d’appliquer la theorie des tournois aux joueurs du tennis professionnel masculin. Deux nouveaux indicateurs de mesure de la performance des joueurs sont introduits, afin de prendre en compte le niveau de l’opposition. Les estimations econometriques sont effectuees, par la methode des Moindres Carres Ordinaires, sur l’ensemble des tournois disputes par les 30 meilleurs joueurs classes a l’ATP au cours de l’annee 2007. Les resultats obtenus valident bien, conformement a une des predictions de la theorie des tournois, l’existence d’un effet incitatif associe a la performance, a savoir qu’une structure de prix inegalitaire entre les tours du tournoi augmente la perfor…
Access to Secondary Education in Albania: Incentives, Obstacles, and Policy Spillovers
2006
When judged either by educational attainment of adult population or by secondary and tertiary enrollment rates, by 2002 Albania compared very unfavorably to most European countries, including its neighbors. This study examines the determinants of secondary enrollment applying unobserved family effect probit model to data from Living Standards Measurement Survey 2002- 2003. The focus of the paper is to investigate the importance of access to school and to further education for enrollment. We find that both absence of a secondary school in the community and the distance from the residence location to a secondary school have strong negative effect on enrollment, controlling for family backgrou…
A note on beliefs formation in signalling games
1994
Abstract We present a new criterion, called incentive dominance, for belief formation in signalling games, which subsumes refinements criteria such as equilibrium dominance and divinity. It captures the principle of forward induction through explicitly modelling the player's thought process when forming preliminary beliefs.
Shilling, Squeezing, Sniping. A further explanation for late bidding in online second-price auctions
2021
Abstract Several studies provide empirical evidence for sniping (i.e., waiting until the last few seconds to bid) in second-price internet auctions, particularly in auctions at eBay . This evidence was regarded as puzzling and an anomaly for an extended period: How could sniping be consistent with rational behaviour in second-price auctions, where theory predicts that bids’ timing plays no role and there is no incentive to bid less than one’s private value. An essential contribution to this puzzling issue has been the insight by Bose and Daripa (2017) that late bidding is itself a response to the shilling. Their paper explains well late bidding for repeating auctions. However, late bidding …