We develop an equilibrium model of emissions permit trading in the presence of fixed and
proportional trading costs in which the permit price and firms' participation in and extent of …

Consumers' attention to sustainable production and consumption is promoting innovation in
sustainable supply chain operations. We build an extended sustainable supply chain with …

This chapter discusses contributions that industrial organization economists have made to
our understanding of energy markets and environmental regulation. We emphasize the …

I present two algorithms for solving dynamic programs with exogenous variables:
endogenous value iteration and endogenous policy iteration. These algorithms are always …

Why does China have a vast number of unsold and unoccupied homes? This paper
proposes a theory based on the incentives of local government officials to explain this …

Morton and Wecker (1977) stated that the value iteration algorithm solves a dynamic
program's policy function faster than its value function when the limiting Markov chain is …

This paper develops and estimates a dynamic structural model of emissions abatement,
investment, and permit trading with banking under cap-and-trade regulation. The model …

This dissertation consists of three chapters at the intersection of industrial organization and
labor economics. The first chapter explores the impacts of political incentives on China's …

China has a vast number of unsold and unoccupied homes. Can incentives faced by local
politicians explain this puzzle? In China, local governments are monopolists in selling land …

The European Union Emissions Trading Scheme (EU-ETS) is referred to as the cornerstone
of the EU's fight against climate change. However, carbon prices delivered have been …