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Articles 1651 - 1680 of 46913
Full-Text Articles in Social and Behavioral Sciences
Minimum Resale Price Maintenance In The Absence Of Point-Of-Sale Service, Agency Or Free-Rider Problems, Michael R. Baye, Dan Kovenock, Casper De Vries
Minimum Resale Price Maintenance In The Absence Of Point-Of-Sale Service, Agency Or Free-Rider Problems, Michael R. Baye, Dan Kovenock, Casper De Vries
ESI Working Papers
We show that MRPM can increase manufacturer profits and total output even in the ab- sence of traditional justifications based on point-of-sale services, retailer effort, or free-riding. The key insight is that MRPM mitigates channel conflict by altering how retailers balance extracting surplus from loyal customers and competing for price-sensitive shoppers. When a manufacturer optimally chooses a wholesale price and MRPM policy, this can intensify com- petition and create systematic distributional effects: prices fall for loyal consumers but rise for shoppers, and the profits of smaller, shopper-dependent retailers decline. We characterize the conditions under which MRPM raises output, benefits a …
Building Reputation: State-Sponsored Rebellions And Transnational Identities, Marion Mercier, Arthur Silve, Benjamin Tremblay-Auger
Building Reputation: State-Sponsored Rebellions And Transnational Identities, Marion Mercier, Arthur Silve, Benjamin Tremblay-Auger
ESI Working Papers
States sometimes back rebellions abroad to signal resolve. We study this reputation-building logic in international relations, focusing on co-ethnic links between countries as an objective source of variation in a state’s incentives to demonstrate resolve. We formally derive two interconnected predictions from the mechanism: (a) a state is more likely to endorse the uprising of a foreign group when facing a larger audience, resulting in (b) greater political inclusion for the group. We build a comprehensive panel dataset of co-ethnic rebellion sponsorship, and find evidence consistent with both predictions.
Eco 4000 – Statistical Analysis For Economics And Finance [Syllabus], Dmytro Dushko
Eco 4000 – Statistical Analysis For Economics And Finance [Syllabus], Dmytro Dushko
Open Educational Resources
The course introduces econometric techniques that are useful for conducting empirical analyses in economics and finance. Its purpose is to enable students to master these concepts and successfully complete an independent empirical project. The course will be structured into three roughly equal parts: the first part will cover probability and sets, providing a foundation for statistical reasoning; the second part will focus on statistics, delving into quantitative methods for analyzing economic data; and the third part will introduce econometrics, emphasizing linear models that establish relationships between two or more variables of interest. We will explore linear models from both theoretical …
Investigating The Market Dynamics Of Aeroponically Cultivated Products With Delay, Pulak Kundu, Uzzwal Kumar Mallick
Investigating The Market Dynamics Of Aeroponically Cultivated Products With Delay, Pulak Kundu, Uzzwal Kumar Mallick
Mathematical Modelling and Numerical Simulation with Applications
Aeroponically grown potatoes offer higher yields and year-round production but often face delayed market entry due to high setup costs, technical barriers, and logistical challenges. A delay-based mathematical model has been newly proposed in this study to analyze the dynamics of demand, supply, and pricing for aeroponically grown products. The model’s existence, stability, and sensitivity have been investigated analytically, and numerical simulations have been carried out using the Runge-Kutta 4th order method with the dde23 solver. Findings reveal that market stability is maintained when delays are below seven years, but delays beyond this threshold lead to persistent fluctuations in price, …
Measuring What Matters: Designing Metrics For A Justice-Centered Climate Transition, Mathilde Roger-Estrade
Measuring What Matters: Designing Metrics For A Justice-Centered Climate Transition, Mathilde Roger-Estrade
COP30
Climate justice is growing concerns in the sphere of climate policy, yet few practical tools exist to measure whether climate action is fair, inclusive and prioritizing the most vulnerable. This paper examines existing global frameworks, such as the Environmental Performance Index (EPI), Nationally Determined Contributions (NDCs), and emerging tools like PRISM and JUSTICE Integrated Assessment Models (IAMs). While these initiatives offer valuable insights, most of them lack actionable and efficient metrics to quantify climate justice implementation. Based on literature and case studies, this study proposes a set of measurable indicators across four defined justice dimensions: Distributive, Procedural, Recognitional and Exposure. …
Improving Schools To Promote Upward Mobility: The Promise And Limits Of School Finance Reforms, Sarah Reber
Improving Schools To Promote Upward Mobility: The Promise And Limits Of School Finance Reforms, Sarah Reber
Brookings Scholar Lecture Series
As part of the Brookings Scholar Lecture Series, Brookings Mountain West presents a lecture titled, "Improving Schools to Promote Upward Mobility: The Promise and Limits of School Finance Reforms" by Brookings senior fellow in economic studies, Sarah Reber.
Systematic differences in access to high-quality schools by race, income, and other characteristics perpetuate inequality across generations. Local property tax financing of schools is often identified as a key cause of unequal educational opportunity. While the consensus of rigorous research supports the common intuition that, on average, “money matters” in improving educational outcomes, questions about how much, and under what conditions, school …
The Impact Of Stocks Traded In The Iraq Stock Exchange On Bank Credit Rates For The Period 2008–2023, Waleed Ashour Khalid
The Impact Of Stocks Traded In The Iraq Stock Exchange On Bank Credit Rates For The Period 2008–2023, Waleed Ashour Khalid
Muthanna Journal of Administrative and Economics Sciences
Trading volumes are one of the most important indicators of liquidity in financial markets. Although the Iraqi banking system has experienced liquidity turmoil since 2003, this has led to a significant decline in the stock market. This study aims to investigate the impact of trading volumes on bank credit in the Iraq Stock Exchange. Based on a sample of 60 companies listed on the Iraq Stock Exchange and 18 banks, the study spanned a 15-year period, from 2008 to 2023. Using the least squares method, we demonstrated the relationship between the liquidity of stocks traded in Iraqi financial markets and …
The Role Of Modern Costing Techniques (Green Target Costing, Total Quality Management) In Reducing Production Costs And Achieving Sustainable Development Goals: “An Exploratory Study In The Iraqi Stock Market”, Mawj Abbas Jasim Alhchaimi, Ali Mahdi Hameed, Fatimah Flayyih Oudah, Adnan Kadhum Matrood
The Role Of Modern Costing Techniques (Green Target Costing, Total Quality Management) In Reducing Production Costs And Achieving Sustainable Development Goals: “An Exploratory Study In The Iraqi Stock Market”, Mawj Abbas Jasim Alhchaimi, Ali Mahdi Hameed, Fatimah Flayyih Oudah, Adnan Kadhum Matrood
Muthanna Journal of Administrative and Economics Sciences
Costing techniques, such as Green Target Costing and Total Quality Management, play a crucial role in achieving sustainable development goals. These techniques assist organizations in achieving integration between economy, environment, and society, leading to sustainable development. Green Target Costing helps identify and reduce environmental costs, encouraging companies to use resources efficiently, and contributing to sustainable development goals. Additionally, Total Quality Management improves quality, reduces costs, and promotes a quality culture within the organization, ultimately contributing to sustainable development through enhanced institutional performance. The use of these costing techniques, Green Target Costing and Total Quality Management, enables organizations to achieve sustainable …
The Role Of Visible Management Practices In Reducing Administrative Corruption, An Exploratory Study Of The Opinions Of A Sample Of Employees At The Technical Institute / Mosul, Yasser Salem Hussein Ahmed, Raghad Mohammed Yahya Suleiman Kharoufa
The Role Of Visible Management Practices In Reducing Administrative Corruption, An Exploratory Study Of The Opinions Of A Sample Of Employees At The Technical Institute / Mosul, Yasser Salem Hussein Ahmed, Raghad Mohammed Yahya Suleiman Kharoufa
Muthanna Journal of Administrative and Economics Sciences
The research aims to determine the extent to which visual management, with its extended dimensions (setting work requirements, eliminating and purifying, and reducing waste), can limit its administrative impact in the research organization. The research problem crystallized in raising the following questions: What is related to the agreement and influence between management practices and management even after the management director? to achieve what the current research sought, the descriptive analytical approach was adopted. The study community was identified in the Technical Institute-Mosul, which is one of the formations affiliated with the Northern Technical University to apply the analytical aspect of …
South Carolina Reemployment Services And Eligibility Assessments (Resea) Process Analysis Report, Gabrielle Pepin, Christopher J. O'Leary, Aaron Sojourner
South Carolina Reemployment Services And Eligibility Assessments (Resea) Process Analysis Report, Gabrielle Pepin, Christopher J. O'Leary, Aaron Sojourner
Upjohn Institute Technical Reports
No abstract provided.
Exploring The Relationship Between Quality Audits Performance Metrics And Compliance Within Healthcare Quality Management Systems, Abdulrahman Abdullah Alrahmani
Exploring The Relationship Between Quality Audits Performance Metrics And Compliance Within Healthcare Quality Management Systems, Abdulrahman Abdullah Alrahmani
Muthanna Journal of Administrative and Economics Sciences
This research examines the complex interconnections for quality audits, performance measurements, and compliance rates inside a healthcare quality management system by analyzing data coming from 500 patients across several departments within a single hospital. The study adopts a quantitative methodology, including diverse healthcare quality metrics such as patient satisfaction, infection rates, readmission rates, and medical mistakes. Statistical analysis indicated a robust positive connection (r = 0.808, p < 0.05) between quality audit scores, and performance measures, indicating, that elevated audit scores strongly predicted superior hospital performance. The association between compliance rates, and performance measurements used to be poor (r = 0.004, p > 0.05), indicating a more intricate interaction within the quality management system analysis for departments including Cardiology, Neurology, Orthopedics, Pediatrics, and General Medicine revealed comparable trends, alongside correlation values between 0.77, and 0.83. ANOVA …
The Role Of The Liquidity Gap In Credit Expansion - An Analytical Study Of A Sample Of Commercial Banks Listed On The Iraq Stock Exchange, Laila Abdul Karim Mohammed
The Role Of The Liquidity Gap In Credit Expansion - An Analytical Study Of A Sample Of Commercial Banks Listed On The Iraq Stock Exchange, Laila Abdul Karim Mohammed
Muthanna Journal of Administrative and Economics Sciences
This research aims to analyze the specificity of succession between nine and the expansion of credit on the establishment consisting of five private Iraqi commercial banks for the period (2014-2023). The research may be conducted at the level of descriptive analysis with standard employment trends and relative analyses and analysis of these ratios by relying on the following financial data of the banks under study and analyzing them, The research results showed that all the banks studied have a positive liquidity gap, but this excess liquidity was not reflected in credit expansion, as Iraqi banks behave conservatively in investing their …
Rising Waters, Falling Taxes: The Impact Of Hurricane Sandy On Property Tax Assessments In New York City, Wei Guo, Qing Miao, Yusun Kim, Yilin Hou
Rising Waters, Falling Taxes: The Impact Of Hurricane Sandy On Property Tax Assessments In New York City, Wei Guo, Qing Miao, Yusun Kim, Yilin Hou
Center for Policy Research
Climate disasters pose fiscal challenges for local governments by increasing recovery costs and demand for property tax relief. Homeowners with or without property damage face tax burdens that may not match changes to their property value. This study examines the impact of Hurricane Sandy on property values and tax assessments in New York City. Using a difference-in-differences approach and comprehensive property-level data, we find that (1) inundated properties faced greater tax burdens due to limited declines in taxable value; (2) unaffected properties in flood zones saw tax burden increases due to declining market values and unchanged taxable values; and (3) …
The Impact Of Applying Of International Financial Reporting Standards (Ifrs) On The Quality Of Financial Information: Exploratory Study Of A Sample Of Academic Specialists Accounting And University Staff In The Kurdistan Region Of Iraq, Adil Abdulqader Mustafa Almzory, Firas Akram Mohammed Al-Aqrawi, Dlawar Qader Abbas
The Impact Of Applying Of International Financial Reporting Standards (Ifrs) On The Quality Of Financial Information: Exploratory Study Of A Sample Of Academic Specialists Accounting And University Staff In The Kurdistan Region Of Iraq, Adil Abdulqader Mustafa Almzory, Firas Akram Mohammed Al-Aqrawi, Dlawar Qader Abbas
Muthanna Journal of Administrative and Economics Sciences
The objective of this study is to examine the qualitative characteristics of financial information and analyze their relationship with International Financial Reporting Standards (IFRS) and to investigate the perspectives of the study sample regarding the impact of IFRS on the quality of financial information Which shows that the research problem from the main and sub-questions is whether the International Financial Reporting Standards (IFRS) significantly affect the quality of financial information and the basic qualitative aspects of financial information. In this research, have been used primary data. Primary data have been collected through the answers received from Sample of Academic Specialists …
The Impact Of Media Convergence On Accounting Information System Effectiveness: A Contingency Conditions Perspective, Haetham H. Kasem Alkhaffaf, Alaa A. D. Taha, Arsalan Ibraheem Alafandi
The Impact Of Media Convergence On Accounting Information System Effectiveness: A Contingency Conditions Perspective, Haetham H. Kasem Alkhaffaf, Alaa A. D. Taha, Arsalan Ibraheem Alafandi
Muthanna Journal of Administrative and Economics Sciences
This research investigates the effect of media convergence on AIS in SMEs in Iraq during emergencies. The adopted research methodology was quantitative in nature in which 301 accountants participated in the study, and the phenomenon was measured using partial least squares structural equation modelling (SEM-PLS). The findings reveal the net benefits of decision-making and demonstrate how useful they are for Iraqi SMEs to consider while making decisions based on the factors like civil strife and the COVID-19 outbreak. This research contributes to the literature by analysing the MCI according to the hypothetical model in the context of Iraqi SMEs and …
Developing Islamic Finance Products Between Shari Ah Compliance And Contemporary Innovation, Safaa Faleeh Hassan
Developing Islamic Finance Products Between Shari Ah Compliance And Contemporary Innovation, Safaa Faleeh Hassan
Muthanna Journal of Administrative and Economics Sciences
The research aims to explore ways to reconcile adherence to the sharia principles governing Islamic financial products. The study examines how the established values and principles of the Islamic financial system contribute to enhancing trust and legitimacy, while innovation facilitates the adoption of modern financial technologies and instruments to meet evolving market needs. Drawing on a review of literature and applied studies, the research provides a theoretical framework that links the preservation of Sharia heritage with the introduction of new initiatives designed to boost efficiency and flexibility in financial services. Additionally, the study discusses the challenges that institutions face in …
The Smart Organization And Its Role In Enhancing The Quality Of Hybrid Education Through Outstanding Performance An Analytical Study Of The Opinions Of A Sample Of Professors From The College Of Medicine At The University Of Karbala, Muntadhar Zuhair Hassan
Muthanna Journal of Administrative and Economics Sciences
The research aims to demonstrate the role of the smart organization in enhancing the quality of hybrid education through the mediating role of outstanding performance, applied to a sample of professors at the College of Medicine at the University of Karbala. The research variables included (the smart organization, its dimensions of behavioral competence, strategic vision, and supportive incentive system. The dependent variable was hybrid education, its dimensions of physical and digital dimensions, and institutional support. The mediating variable was outstanding performance, its dimensions of financial perspective, customer perspective, and learning and growth). The questionnaire was used as a tool for …
(Transmuted Lower Record Type Rayleigh Pareto Distribution) Proposal: Characteristics And Application, Osama Abdul Azeez Kadhim Al-Quraishi
(Transmuted Lower Record Type Rayleigh Pareto Distribution) Proposal: Characteristics And Application, Osama Abdul Azeez Kadhim Al-Quraishi
Muthanna Journal of Administrative and Economics Sciences
In many scientific applications, data follow a pattern indicating a rapid decline in the probability of survival over time. The Rayleigh Pareto distribution is often used to model these patterns, but it sometimes lacks sufficient accuracy in representing the points that occur at the beginning of failure. In the practical aspect, most people are exposed to sudden death as a result of respiratory infection, especially in old age, so we need distributions that are more consistent to solve these problems. The aim of the research is to study a new formula for the Rayleigh Pareto distribution by adding an additional …
The Role Of Strategic Alignment In Achieving Sustainable Competitive Advantage-An Analytical Study At Al-Maaref University College, Ali Ahmed Mohammed
The Role Of Strategic Alignment In Achieving Sustainable Competitive Advantage-An Analytical Study At Al-Maaref University College, Ali Ahmed Mohammed
Muthanna Journal of Administrative and Economics Sciences
This study aims to determine the role of strategic alignment as an independent variable and its correlation with sustainable competitive advantage as a dependent variable at Al-Maarif University College. The researcher employed a descriptive-analytical methodology, which comprised a cohort of faculty members from the college, with a sample size of 72 respondents. The researcher employed a questionnaire as the primary instrument for data collection, utilising the statistical software (SPSS) in conjunction with (Excel) for data analysis. Research has demonstrated a direct correlation and beneficial effect of strategic alignment in its dimensions (communication, value, governance, partnership, infrastructure, skills) on sustainable competitive …
Ai Exposure And The Future Of Work: Linking Task-Based Measures To U.S. Occupational Employment Projections, Erik Vasilauskas, Michael Horrigan
Ai Exposure And The Future Of Work: Linking Task-Based Measures To U.S. Occupational Employment Projections, Erik Vasilauskas, Michael Horrigan
Reports
No abstract provided.
Justice In Transition : Emphasizing Indigenous Leadership, Rights And Fair Access To Finance, Mariam Medhat Adel Ghazy
Justice In Transition : Emphasizing Indigenous Leadership, Rights And Fair Access To Finance, Mariam Medhat Adel Ghazy
COP30
As the international climate crisis amplifies, solving it through only decreasing emissions is no longer efficient. Climate justice acknowledges that environmental change unequally impacts low income groups - despite these communities being the least contributors to the issue (What Is Climate Justice? - UC Center for Climate Justice, 2022). This paper aims to explore the challenges that must be confronted to make climate justice applicable : including indigenous people into climate finance and governance ; and holding transnational corporations responsible for climate – interconnected human right violations and ecocide. Drawing on case studies from Canada and Indonesia, the paper will …
Indigenous Leadership In The Fight Against Environmental Racism And Ecocide: Advancing Climate Justice And Human Rights, Carlos Matheus Matos Santos Dos Santos
Indigenous Leadership In The Fight Against Environmental Racism And Ecocide: Advancing Climate Justice And Human Rights, Carlos Matheus Matos Santos Dos Santos
COP30
Climate change intensifies social, economic, racial, and gender inequalities, disproportionately affecting historically marginalized communities, such as indigenous peoples, black populations, and riverine communities. In Brazil, practices of environmental racism and actions that constitute ecocide (such as the installation of large enterprises, illegal mining, and predatory exploitation of natural resources) compromise ecosystems and traditional ways of life. Cases such as the Belo Monte Power Plant and the expansion of mining on indigenous lands illustrate the inadequacy of socio-environmental protection mechanisms and the implementation of necropolitical policies that remove or expose communities to environmental degradation. The analysis highlights the need to integrate …
Transnational Corporations' Accountability Within The Context Of Climate Governance, Farida El Sheikh
Transnational Corporations' Accountability Within The Context Of Climate Governance, Farida El Sheikh
COP30
As we approach COP30, it becomes more urgent to confront corporate impunity in climate governance more. The contribution of Transnational Corporations (TNCs) in global greenhouse gases emissions is increasing everyday, yet both local institutional structures and legislations -including Investor-State Dispute Settlement (ISDS) systems tend to shield them from accountability for the violations of climate-related human rights and ecocide. The conference plays a great role in such crucial moments by offering negotiators the opportunity to address climate-related crimes committed by TNCs, to align global economic governance with human rights, climate justice, and environment protection by establishing enforceable legal frameworks through multilateral …
Indigenous People Integration Into National Climate Decision Making Process, Omnia Ahmed Ayoub Ahmed
Indigenous People Integration Into National Climate Decision Making Process, Omnia Ahmed Ayoub Ahmed
COP30
Our policy paper here is going to explore the urgent need to recognise and enhance the participation and integration of indigenous communities in global climate cases and discussions in decision making processes , despite their contribution now….we are focusing on their case now because they are the most Affected by its impacts , due to their strong connection to natural eco systems , their traditional knowledge and their practices are essential for the biodiversity conservation and sustainable resource management but , unfortunately there was a systemic exclusion due to some factors and limiting and representation in in climate conferences such …
Ecocide In The War On Gaza: An Environmental Crime That Affects The Whole World, Yazan A. Albatta
Ecocide In The War On Gaza: An Environmental Crime That Affects The Whole World, Yazan A. Albatta
COP30
Environmental destruction in conflict zones is an escalating global crisis that directly undermines climate justice and ecological stability. This policy paper examines the concept of ecocide through the lens of the war on Gaza, where the deliberate or reckless targeting of natural resources has caused severe and lasting damage to water, soil, air, and biodiversity. The Gaza case reveals how warfare can accelerate climate change, destroy carbon-absorbing ecosystems, and leave communities with uninhabitable land and poisoned water supplies. Using Gaza as the primary case study, and drawing comparisons to environmental impacts observed during the Iraq war, the paper analyzes the …
Optimal Estimation In A Multicointegrated System, Igor Kheifets, Peter C.B. Phillips
Optimal Estimation In A Multicointegrated System, Igor Kheifets, Peter C.B. Phillips
Cowles Foundation Discussion Papers
Optimal estimation is explored in long run relations that are modeled within a semiparametric triangular multicointegrated system. In nonsingular cointegrated systems, where there is no multicointegration, optimal estimation is well understood (Phillips, 1991a). This paper establishes corresponding optimal results for singular systems, thereby accommodating a wide class of multicointegrated nonstationary time series with nonparametric transient dynamics. The optimality and sub-optimality of existing estimators are considered and new optimal estimators of both the cointegrating and multicointegrating coefficients are introduced that are based on spectral regression.
Empowering Healthcare Providers With Ai-Based Climate Health Risk Training, Mohamed Saleh Abdelsalam Abdallah Mahmoud
Empowering Healthcare Providers With Ai-Based Climate Health Risk Training, Mohamed Saleh Abdelsalam Abdallah Mahmoud
COP30
Climate Change (CC) is an emerging threat to human health and livelihood, increasing the burden of health-related illnesses, vector-borne diseases, and non-communicable diseases (NCDs). Due to the gaps in capacity building and education, limited curricula, and time constraints, Health professionals (HCPs) and healthcare students are unprepared to address the climate-health nexus. The urgency for a climate-health training and research in applying ACE principles with digital tools, particularly AI and mobile platforms, in order to reach health care resilient systems. Using global evidence and a real-world case study such as WHO-reported Early Warning and Response System (EWARS), which is piloted in …
Bachelor's Degrees And Earnings In The Mountain West, 2022, Anthony Arroyo, Sydney Mitchell, Lara Karaalp, Caitlin J. Saladino, William E. Brown Jr.
Bachelor's Degrees And Earnings In The Mountain West, 2022, Anthony Arroyo, Sydney Mitchell, Lara Karaalp, Caitlin J. Saladino, William E. Brown Jr.
Higher Education
This fact sheet presents 2022 data on the median annual earnings of bachelor's degree holders for specific fields of degrees (FODs) across the five Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. This fact sheet also examines the share and earnings of individuals with less than a bachelor’s degree compared to bachelor’s degree holders in the three Mountain West metropolitan statistical areas (MSAs) appearing among the 30 largest MSAs in the United States: Phoenix-Mesa-Chandler, AZ; Denver-Aurora-Lakewood, CO; and Las Vegas-Henderson-Paradise, NV. The “Field of Bachelor's Degree in the United States: 2022” report from the U.S. Census Bureau …
Circular Climate Empowerment Policy: Transforming Uco Into Biodiesel, Green Jobs, And Inclusive Climate Education Through Community-Led Action, Aisyah Nabihah
Circular Climate Empowerment Policy: Transforming Uco Into Biodiesel, Green Jobs, And Inclusive Climate Education Through Community-Led Action, Aisyah Nabihah
COP30
The world is entering a critical phase in the climate crisis, with temperatures soaring past 50°C in some regions and the global average already an increase of 1.1°C compared to the pre-industrial levels. Rising emissions continue to disrupt ecosystems, threaten coastal populations, and endanger water security. While fossil fuels remain the largest contributor to greenhouse gas emissions, waste mismanagement and educational inequality are two often-overlooked forces undermining climate resilience. For example, 1 liter of Used Cooking Oil (UCO) can pollute 1,000 m³ of clean water. This policy paper introduces an alternative path: leveraging community-led circular economy models to drive grassroots …
Governing Emissions: The Global Potential Of Carbon Pricing, Maya Irem Ozbayoglu
Governing Emissions: The Global Potential Of Carbon Pricing, Maya Irem Ozbayoglu
COP30
In 2024, the world exceeded the Paris-approved 1.5 °C threshold for an entire year for the first time. This makes the issue of drastically reducing emissions worldwide ever more urgent. Despite having completed 29 UN climate summits thus far, besides ambitious pledges and agreements, such as the famous Paris Agreement signed at COP21, emissions have continued to rise. This may be because parties agree solely on a target without a complementary roadmap and/or set of policy-oriented tools which would drive the necessary changes. Hence, this paper examines the role of one concrete and relatively easy economic mechanism, namely carbon markets, …