Methods and policies to reduce pollution including taxation, quantitative restrictions, and alternative technologies.
A government-issued permit that entitles a firm to emit a specified quantity of pollution.
An examination of pollution standards—regulated limits on pollutants as imposed by governments.
An extensive analysis of Ponzi schemes, including historical context, definitions, major analytical frameworks, and case studies.
Least squares regression analysis that ignores possible group structure of the data
An equilibrium where agents with differing characteristics choose the same action, common in markets such as insurance.
A collection of different assets owned by an individual or a firm, designed for risk reduction and optimizing liquidity.
The choice of proportions in different assets to maximize expected benefit from a given stock of wealth.
Analysis of asset selection for portfolios to balance risk and return
Understanding the various types of positions in financial markets, including long, open, and short positions
A good whose value to consumers depends on its desirability ranking or relative consumption by others.
A branch of economics that describes and explains economic processes and predicts the outcomes of institutional or policy changes, without making value judgements.
