Sustainable Shipping and Packaging

What are the social welfare effects of such information exchange? I study these questions by comparing the oligopolists' expected profits under a cost sharing ... Given the speed of communication, wide coverage and low cost of (dis)information campaigns, social media play a crucial role. Social networking sites are also a ... Here his articles are collected in one place, providing a uniform framework for understanding how prices convey information in securities markets. In contrast, firms in the monopolistic competition model do not internalize the full social cost of price dispersion, and thereby pay too much attention to ... Critical copyright scholarship rightly emphasizes the social costs of ordering cultural production through proprietary intellectual property law regimes. Thus, it is critical to design efficient incentive mechanism to greatly reduce the social cost. Selective Information Disclosure. To motivate a selfish user to ... Nov 9, 2023 ... ... Cost Information in Oligopoly,” Review of Economic Studies. 53, no. ... Shadow prices are notional, unobserved prices that reflect the social ... Oct 8, 1996 ... Given that this social cost cannot be fully prevented, taxes have to be chosen in the second-best way. The general theory of optimal taxation in ... ... social cost differs from the marginal private cost. True. The marginal ... information to be created to deal with informational problems. See an expert ... Mar 19, 2024 ... 1To whom correspondence may be addressed. Email: [email protected]. This article contains supporting information online at https://www ...