Economics serving society

(nov 2014) 5 papers... in 5 minutes !

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  • Learning and collusion in new markets with uncertain entry costs - Francis Bloch, Simona Fabrizi and Steffen Lippert. When new opportunities appear – the development of new products, to enter new geographic markets – firms begin to acquire information. They gradually assess these new events through studying the markets and testing products. Only once they have become sure that the new market is profitable do they decide to enter it...
    Short link: http://bit.ly/1AlJyN6

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  • Environmental Policies under Debt Constraint - Mouez Fodha, Thomas Seegmuller and Hiroaki Yamagami. Environmental policies are often constrained by budgetary goals that require the control of deficits and public debt. What are the consequences of a high level of public debt on environmental policy? This is an issue for most developed countries, which since 2008 have faced a crisis in public debt that has relegated environmental concerns to the backburner...
    Short link: http://bit.ly/1DRf9dk

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