A reform of the Western Energy Imbalance Market should target the right problem. Import leakage is a problem; resource shuffling is a…
The behavioral responses to taxes and subsidies are often subject to various behavioral biases and transaction costs—what we define as “…
This article reviews the design of environmental
markets for pollution control over the past 30 years,
and identifies key market-design…
The Paris Agreement has achieved one of two key necessary conditions for ultimate success – a broad base of participation among the…
In the Old-World vineyards of Europe, a key concept
that plays an important role in the production and
appreciation of wines is terroir,…
This report is based on themes derived from various roundtable discussions convened by Professor Stephen Goldsmith in which stakeholders…