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Cost effectiveness of a combination of instruments for global warming: a quantitative approach for Spain
(Springer, 2012-03)
Climate change is an important environmental problem and one whose economic implications are many and varied. This paper starts with the presumption that mitigation of greenhouse gases is a necessary policy that has to be ...
On the impact of independence of irrelevant alternatives: the case of two-person NTU games
(Springer, 2012-03)
On several classes of n-person NTU games that have at least one Shapley NTU value, Aumann characterized this solution by six axioms: Non-emptiness, efficiency, unanimity, scale covariance, conditional additivity, and ...
Wage stickiness and unemployment fluctuations: an alternative approach
(Springer, 2012-09)
Erceg et al. (J Monet Econ 46:281-313, 2000) introduce sticky wages in a New-Keynesian general-equilibrium model. Alternatively, it is shown here how wage stickiness may bring unemployment fluctuations into a New-Keynesian ...