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Social Costs of Methane and Carbon Dioxide in a Tip** Climate
Social costs for methane and carbon dioxide emissions, from the risk of climate tip** events and deterministic damages, are derived in an...
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The costs of job loss and task usage: Do social tasks soften the drop?
Do different tasks shield differently from the scarring effects of job loss? This study examines how the effects of job loss depend on task usage. We...
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Social Costs of Setback Distances for Onshore Wind Turbines: A Model Analysis Applied to the German State of Saxony
Wind power is a key for decarbonizing economies. Yet, wind turbines can produce negative environmental externalities. These include bird collisions...
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Increasing Burdens or Reducing Costs: Influence of Corporate Social Responsibility on Cost Stickiness
As real enterprises make continued efforts to reduce costs, the capital market raises stricter requirements on their performance of corporate social...
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Social externalities, endogenous childcare costs, and fertility choice
We reconcile the steep decline in fertility rates during the demographic transition with the fertility rebound observed in recent decades in...
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Sustainable Innovation and Economic Resilience: Deciphering ESG Ratings’ Role in Lowering Debt Financing Costs
This study delves into the intricate dynamics between environmental, social, and governance (ESG) ratings and corporate debt financing costs among...
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Financial exclusion and inflation costs
This paper constructs two models of financial exclusion to assess the welfare costs of inflation. In the first, inflation costs are measured within a...
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Social capital facilitates emergent social learning
A robust literature on social learning examines how social capital facilitates communication of explicitly articulated knowledge between disparate...
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Cost benefit analysis and the FDA: measuring the costs and benefits of drug approval under the PDUFA I-II, 1998–2005
This paper examines the Food and Drug Administration’s regulation of drug safety. In one of the most sophisticated cost-benefit analyses to date,...
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An upstream monopoly with transport costs
We analyze equilibrium locations of downstream retailers assuming transport cost from a monopoly input supplier. When the upstream transport costs...
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Compliance costs and productivity: an approach from working hours
This study proposes a new approach of measuring compliance costs of rules and regulations by focusing on labor input, and estimates the compliance...
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Hitchhiking on the digital highway: Assessing the costs and benefits of informal ridesharing
Single occupancy vehicle travel imposes many environmental and economic costs on society, and planners have acknowledged the accessibility benefits...
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Immigrant employment and the contract enforcement costs of offshoring
Offshoring continues to be an important dimension of firms’ internationalization choices. However, offshoring also increases contract enforcement...
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International monopoly union coordination under the presence of externalities and costs
Despite the advantages of holding monopoly power, unions rarely coordinate their wage demands across countries. In this paper, I argue that the costs...
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Property rights, transaction costs, and the limits of the market
To clarify the determinants and interaction of property rights and transaction costs, I study the design of the property rights on either a good...
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Internalization strikes back? Global value chains, and the rising costs of effective cascading compliance
Strategies that make quasi-internalization feasible such as cascading compliance provide a means for lead firms to control the social and...
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Refugees: Economic Costs and Eventual Benefits
The war between Ukraine and Russia resulted in Europe’s largest refugee crisis since World War II. The chapter begins with a brief historic overview... -
Do Lower Search Costs Benefit Intermediaries?
Intermediaries—such as Amazon, Alibaba Group, and Walmart—play critical roles in digital markets: This paper proposes a model for analyzing how...
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The economic cost of social distancing during a pandemic: an optimal control approach in the SVIR model
We devise a theoretical model for the optimal dynamical control of an infectious disease whose diffusion is described by the SVIR compartmental...
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Healthcare Costs, Choice of Providers and Patient Satisfaction: Survey Evidence from India
In this paper, we study the factors that influence the choice of healthcare providers in the rural areas of a highly developed Indian state, Punjab....