This article studies the introduction of an EU-wide emission standard on the automobile
market. Using panel data from 1998 to 2011, I find that firms decreased emission ratings by …

We investigate how the pass-through rate of commodity taxes depends on competition in a
setting where consumers have imperfect information about prices. We use a theoretical …

We address the effect of expectation‐based consumer loss aversion on firm strategy in
imperfect competition. Consumers are fully informed about match value and price at the …

This paper discusses and extends some of our recent work on competitive markets in which
consumers systematically misunderstand either their own behavior, or contract or product …

This paper studies firms' carbon emissions abatement and pricing strategies in a competitive
market when facing the pressure from both emissions trading price and consumer carbon …

This paper studies adverse selection markets in which consumers can choose to learn how
much they value a product. Information is acquired after observing prices, so it is …

Tax avoidance among large multinational corporations has considerably increased in recent
years, triggering an intense discussion about how to ensure that all pay their 'fair share'. We …

Notches–where marginal changes in behavior lead to discrete changes in a tax or subsidy–
figure prominently in many policies. In this paper, we analyze notches in fuel economy …

Voluntary environmental certification programs have been a popular tool used by
governments, industry groups, and nonprofit organizations alike. A central question in the …