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Technology Neutral vs. Technology Specific Procurement

An imperfectly-informed regulator needs to procure multiple units of some good that can be produced with heterogeneous technologies at various costs. How should it optimally procure these units? We find that one size does not fit all: the preferred instrument depends on the costs of the available technologies, their degree of substitutability, the extent of information asymmetry, and the costs of public funds.

Inequality and social unrest in India

We show that inequality triggers social unrest in rural India. We develop a theoretical framework where social unrest is rationally used by civilians to oppose (unfair) surplus sharing by the elite. 

Electric Moto Taxis Innovation in Low-Income Countries: A Rider’s Perspective in Kampala – 1er prix du Global case writing competition 2023 du William Davidson Institute

Access to EnergyAkil AmiralyPublicationsPublicationsResearch areaResearch FellowsComments Off on Electric Moto Taxis Innovation in Low-Income Countries: A Rider’s Perspective in Kampala – 1er prix du Global case writing competition 2023 du William Davidson Institute

Akil Amiraly (i3-CRG) et Mansoureh Hasannia Kolaee (Laval University), et leur co-auteurs Peter Kasaija (Makerere University) et Nathalie Prime (ESCP) ont reçu le premier prix du Global case writing competition 2023 du William Davidson Institute (Michigan University) pour l’étude de cas « Electric Moto Taxis Innovation in Low-Income Countries: A Rider's Perspective in Kampala ».

Green industrial policy, information asymmetry, and repayable advance

Guy MeunierJean-Pierre PonssardPublicationsPublicationsResearch areaResearch FellowsSectoral PoliciesComments Off on Green industrial policy, information asymmetry, and repayable advance

Recent recovery plans, associated with the COVID‐19 pandemic and the energy transition, increased the funding available to finance innovative low‐carbon projects and called for an economic evaluation of their allocation. This paper analyzes the potential benefit of using repayable advance: a lump‐sum payment to finance the project that is paid back in case of success.

What are the Drivers of Corporates’ climate transparency? Evidence from the S&P 1200 Index

Climate transparency through firms' disclosures is often considered a prerequisite for the redirection of investments toward low-carbon economy. In order to provide effective incentives to improve this transparency, it is therefore crucial to identify its drivers.

Do French firms follow a transparent or climate-friendly path?

Our analysis of the Climate Risks and Opportunities Index (CRORI) and the CDP climate score reveal a parallel improvement of these indices with different sectoral disparities over the 2015–2019 period. While our results are encouraging, they need to be put into perspective because these firms are still far from being carbon neutral.