Now showing items 1-20 of 29

    • Abuse of Dominance by High-Technology Enterprises: A Comparison of U.S. and E.C. Approaches 

      Scherer, Frederic Michael (John F. Kennedy School of Government, Harvard University, 2010)
      This paper compares how the United States and the European Community dealt with competition policy challenges by two firms operating at the frontiers of technology: Microsoft and Intel. The U.S. Microsoft case was broadly ...
    • Addressing Catastrophic Risks: Disparate Anatomies Require Tailored Therapies 

      Viscusi, Kip W.; Zeckhauser, Richard Jay (John F. Kennedy School of Government, Harvard University, 2011)
      Catastrophic risks differ in terms of their natural or human origins, their possible amplification by human behaviors, and the relationships between those who create the risks and those who suffer the losses. Given their ...
    • The Competitiveness Impacts of Climate Change Mitigation Policies 

      Aldy, Joseph Edgar; Pizer, William (John F. Kennedy School of Government, Harvard University, 2011)
      The pollution haven hypothesis suggests that unilateral domestic emission mitigation policies could cause adverse “competitiveness” impacts on domestic manufacturers as they lose market share to foreign competitors and ...
    • A Critical Review of the “Ladder of Investment” Approach 

      Dogan, Pinar; Bourreau, Marc; Manant, Matthieu (Elsevier, 2010)
      The “ladder of investment” is a regulatory approach proposed by Cave (2006), which has been widely embraced by national regulatory authorities in the European telecommunications sector. The approach entails providing ...
    • Deals Versus Rules: Policy Implementation Uncertainty and Why Firms Hate It 

      Hallward-Driemeier, Mary; Khun-Jush, Gita; Pritchett, Lant (John F. Kennedy School of Government, Harvard University, 2010)
      Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. We argue that often firms in Africa do not cope with policy rules, rather they face deals; firm-specific policy actions ...
    • Deterring and Compensating Oil Spill Catastrophes: The Need for Strict and Two-Tier Liablility 

      Kip, Viscusi, W.; Zeckhauser, Richard Jay (John F. Kennedy School of Government, Harvard University, 2011)
      The BP Deepwater Horizon oil spill highlighted the glaring weakness in the current liability and regulatory regime for oil spills and for environmental catastrophes more broadly. This article proposes a new liability ...
    • The Effect of Allowance Allocations on Cap-and-Trade System Performance 

      Hahn, Robert W.; Stavins, Robert Norman (John F. Kennedy School of Government, Harvard University, 2010)
      We examine an implication of the “Coase Theorem” which has had an important impact both on environmental economics and on public policy in the environmental domain. Under certain conditions, the market equilibrium in a ...
    • Enabling a Nuclear Revival — And Managing its Risks 

      Bunn, Matthew G.; Malin, Martin Benjamin (Massachusetts Institute of Technology Press, 2009)
      Matthew Bunn and Martin B. Malin examine the conditions needed for nuclear energy to grow on a scale large enough for it to be a significant part of the world’s response to climate change. They consider the safety, security, ...
    • Environmental Regulations, Air and Water Pollution, and Infant Mortality in India 

      Greenstone, Michael; Hanna, Rema N. (John F. Kennedy School of Government, Harvard University, 2011)
      Using the most comprehensive data file ever compiled on air pollution, water pollution, environmental regulations, and infant mortality from a developing country, the paper examines the effectiveness of India’s environmental ...
    • An Expanded Three-Part Architecture for Post-2012 International Climate Policy 

      Olmstead, Sheila M.; Stavins, Robert Norman (John F. Kennedy School of Government, Harvard University, 2009)
      We describe the major features of a post-2012 international global climate policy architecture with three essential elements: a means to ensure that key industrialized and developing nations are involved in differentiated ...
    • Interactions Between State and Federal Climate Change Policies 

      Goulder, Lawrence H.; Stavins, Robert Norman (John F. Kennedy School of Government, Harvard University, 2010)
      Federal action addressing climate change is likely to emerge either through new legislation or via the U.S. EPA’s authority under the Clean Air Act. The prospect of federal action raises important questions regarding the ...
    • Level of Access and Competition in Broadband Markets 

      Bourreau, Marc; Dogan, Pinar (John F. Kennedy School of Government, Harvard University, 2010)
      In this paper, we consider an unregulated incumbent who owns a broadband infrastructure and decides on how much access to provide to a potential entrant. The level of access, i.e., the network elements that are shared in ...
    • A Perplexed Economist Confronts 'Too Big to Fail' 

      Scherer, Frederic Michael (John F. Kennedy School of Government, Harvard University, 2010)
      This paper, written for a conference at the Fordham University Law School, examines various facets of the “too big to fail” debate. It notes that in the current context, “too big to fail” may imply systemic risks from large ...
    • Politically Feasible Emission Target Formulas to Attain 460 ppm CO2 Concentrations 

      Bosetti, Valentina; Frankel, Jeffrey A. (John F. Kennedy School of Government, Harvard University, 2011)
      A new climate change treaty must plug three gaps: the absence of emission targets extending far into the future, the absence of participation by the United States, China, and other developing countries, and the absence of ...
    • Politically Feasible Emissions Targets to Attain 460 ppm CO2 Concentrations 

      Bosetti, Valentina; Frankel, Jeffrey A. (Oxford University Press, 2012)
      A new climate change treaty must address three current gaps: the absence of emissions targets extending far into the future; the absence of participation by the United States, China, and other developing countries; and the ...
    • Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems 

      Ranson, Matthew; Stavins, Robert Norman (John F. Kennedy School of Government, Harvard University, 2012)
      The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering ...
    • Preventing the Next Fukushima 

      Bunn, Matthew G.; Heinonen, Olli (AAAS, 2011)
      While this year's disaster at Japan's Fukushima Dai'ichi plant, the worst since Chernobyl in 1986, was caused by the one-two punch of a huge earthquake followed by an immense tsunami—a disaster unlikely to occur in many ...
    • The Problem of the Commons: Still Unsettled After 100 Years 

      Stavins, Robert Norman (John F. Kennedy School of Government, Harvard University, 2010)
      The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies ...
    • The Promise and Problems of Pricing Carbon: Theory and Experience 

      Aldy, Joseph Edgar; Stavins, Robert Norman (John F. Kennedy School of Government, Harvard University, 2011)
      Because of the global commons nature of climate change, international cooperation among nations will likely be necessary for meaningful action at the global level. At the same time, it will inevitably be up to the actions ...
    • Promoting Clean Energy in the American Power Sector 

      Aldy, Joseph Edgar (Brookings Institution, 2011)
      Despite bipartisan interest in advancing American energy policy, comprehensive energy and climate legislation fell short in the Senate last year after passing in the House of Representatives in 2009. The difficulty of ...