Faculty of Economics: Recent submissions
Now showing items 5-8 of 1899
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Carbon pricing and industrial competitiveness: Border adjustment or free allocation?
(Faculty of Economics, University of Cambridge, 2022-05-27)To mitigate concerns about carbon leakage and industrial competitiveness, cap-and-trade systems have typically relied on the free allocation of carbon allowances to trade-exposed sectors. The European Union’s Green Deal ... -
Learning in Canonical Networks
(Faculty of Economics, University of Cambridge, 2022-06-01)Subjects observe a private signal and then make an initial guess; they observe their neighbors’ guesses and guess again, and so forth. We study learning dynamics in three networks: Erdös-Rényi, Stochastic Block (reflecting ... -
Third-Party Sale of Information
(Faculty of Economics, University of Cambridge, 2022-05-18)We study design and pricing of information by a monopoly information provider for a buyer in a trading relationship with a seller. The profit-maximizing information structure has a binary threshold character. This structure ... -
The Origins of Elite Persistence: Evidence from Political Purges in post-World War II France
(Faculty of Economics, University of Cambridge, 2022-05-18)This paper studies a new mechanism that allows political elites from a non-democratic regime to survive a democratic transition: connections. We document this mechanism in the transition from the Vichy regime to democracy ...