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Wal-Mart's exit from the German market in 2006 after 10 years of attempting to achieve sustainable competitive advantage contributes an interesting case to the small but expanding...

Experts and the general public often perceive environmental problems differently. Moreover, regulatory responses to environmental issues often do not coincide with consensus expert...

This paper investigates a little studied but common mechanism that firms use to obtain state favors: business owners themselves seeking election to top office. Using Thailand as a research...

Carbon allowance auctions are a component of existing and proposed regional cap-and-trade programs in the United States and are also included in recent proposed bills in the U.S. Congress...

Since climate change threatens human well-being across the globe and into the future, we require a concept of well-being that encompasses an equivalent ambit. This article argues that only...

In “Evaluating Recipes for Development Success” Avinash Dixit criticizes recent efforts to identify the “fundamental” causes of development and to distill policy recommendations from these...

In this article, we study nationalizations in the oil industry around the world during 1960–2006. We show, both theoretically and empirically, that governments are more likely to...

Abstract

The European Union (EU) Emissions Trading System (ETS) introduced emissions allowances as a new asset worth tens of billions of euros. This article...

Does the political regime of a country influence its involvement in international trade? A theoretical model that predicts that autocracies trade less than democracies is developed, and the...