Now showing items 5-8 of 1899

    • Carbon pricing and industrial competitiveness: Border adjustment or free allocation? 

      Ritz, R. (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 

      Choi, S.; Goyal, S.; Moisan, F.; To, Y. Y. T. (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 

      Evans, R.; Park, I-U. (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 

      Aidt, T.; Lacroix, J.; Meonx, P-E. (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 ...