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The characteristics of the price mechanism of emission trading and its disciplinary attributes determine the necessity of building a price mechanism based on the perspective of law and economics.Starting from the angle of law and economics, put forward some improvement suggestions combined with the ...
Argentina’s recent repeal of rent control by libertarian President Javier Milei has led to a surge in housing supply, with the freedom to negotiate contracts, previously restricted, directly causing a drop in rental prices. Milei, a self-described “anarcho-capitalist” known for his free-market...
selected. In the case of energy (electricity and gas) theindexationmechanism is very important, since fuels are a main component of costs, so the cost of fuels has been separately indexed to the world prices of a basket of fuels, and the rest of the tariff follows a generalinflationindex....
In addition to interesting empirical questions concerning the macroeconomic importance of sales and substitutions, more theoretical research is necessary for us to better understand how these types of price changes affect the monetary transmission mechanism. It is awkward to simply apply menu-cost models...
This article presents a mechanism that allows a service provider to learn the distribution of a customer's demand by offering him a set of contracts through which he can partially prepay for future service for a reduced cost for units of service based on anticipated needs. We describe the ...
Using unique trade level data from the stock market in Pakistan, we find that when brokers trad... AI Khwaja,A Mian - 《Journal of Financial Economics》 被引量: 400发表: 2005年 Stock Price Manipulation, Market Microstructure and Asymetric Information In recent years, there has been a large ...
The markup of prices over costs plays a central role in Kalecki's economics. The concept originates in his microeconomic analysis of the pricing decisions of firms operating in imperfect markets under conditions of uncertainty. The ability of oligopolistic manufacturing firms to fix prices above ...
between human and physical capital from one to infinity because structural transformation (a shift towards industries that use the locally abundant factor) replaces factor deepening (forcing industries to use more of the locally abundant factor) as a mechanism to absorb differences in factor ...