The ethanol blend wall and high RIN prices has become a controversial policy issue. We develop a model showing how RIN prices reflect the costs of overcoming the blend wall, namely biodiesel consumed in excess of its mandate and expansion of E85 sales. These costs are very high and are shown to be borne by producers and consumers of ethanol and gasoline. Although RIN prices reduce consumer pric...

A price rise signifies a fall in purchasing power, if there is no commensurate increase in income. Thus the pertinent question in the face of the phenomenal rise during the 1990s in the prices of the food articles, which account for a major chunk of the total expenditure of the poor, is whether there has been a corresponding increase in the incomes of the poor. The present paper is a modest att...

Considering the environmental awareness of contractors, this paper constructs a construction material supply chain consisting government, manufacturer, and contractor, analyzes decision-making influencing factors various stakeholders under no subsidy, contractor manufacturer studies formulation subsidy policies for waste recycling from perspective government. The results show that: compared wit...

The paper introduces tax evasion through subsidies due to false declarations of charitable donations. The study distinguishes between a rebate and match subsidy in an experimental setting. Under the rebate subsidy the individual gets the subsidy, while under the match subsidy the charity organization gets the subsidy. First, I develop a theoretical model of charitable giving and tax evasion. Se...

Once a government has decided to award a concession by auction, it needs to decide what kind of auction to use—whether a first-price or second-price auction, whether sealed or open bids, and whether sequential or simultaneous bids for multiple items. For concessions the standard is a first-price sealed bid auction in which bidders submit sealed envelopes containing their offer and the highest o...

This paper extends previous works that view transit systems as minimizing their after-subsidy costs. The paper uses the expense preference behavior model in economics and derives ®rst-order conditions for the manager. From the ®rst-order conditions, the paper formally shows that the decomposition of relative price ineciency between management behavior and subsidies found in the work of Sakano ...

This paper investigates the impact of subsidy and horizontal strategic cooperation on a green supply chain where two competing manufacturers distribute substitutable products through exclusive retailers. Models are formulated in three-stage game structures five different scenarios, government organization determines optimal by pursuing social welfare maximization. Both invest improving quality ...

This paper analyses the design of hospital reimbursement in an industry with imperfect competition, scarcity of labour and socially costly government transfers. We find that hospital competition may increase both quantity and quality of hospital care, and if this is the case prospective payment has an unambigious positive effect on both quantity and quality. Hospitals may produce too little or ...

A simple health promotion message administered by village midwives raised bednet usage to over 60% in trial hamlets in north Shan State, Myanmar. Treatment of the nets in the study villages produced a reduction in malaria cases. Most villagers were prepared to buy their nets at market prices and were willing to pay for the cost of re-treatment of nets, but very poor, members of the Wa ethnic gr...