This paper analyses the effect of green energy promotion policies in a decentralized power industry. We develop a Cournot duopolistic competition between risk-adverse operators each detaining polluting and clean technologies. We show that the…
The literature presents conflicting expectations about the effect of globalization on democracy. One view expects globalization to enhance democracy, a second argues that globalization obstructs democracy; a third argues that it does not necessarily…
In the wake of the impasse in the Doha Development Round (DDR) of multilateral trade talks, a number of countries have been looking at alternative ways to advance their trade agendas – one of which involves the negotiation of plurilateral trade…