The objective of this book is to analyze the institutional barriers to implementing market-based climate policy, as well as to provide some opportunities to overcome them. The approach is that of institutional economics, with special emphasis on political transaction costs and path dependence.

Instead of rejecting the neoclassical approach, this book uses it where fruitful and shows when and why it is necessary to employ a new or neo-institutionalist approach. The result is that equity is considered next to efficiency, that the evolution and possible lock-in of both formal and informal...

A comprehensive reference work for teaching at graduate level and research in empirical finance. The chapters cover a wide range of statistical and probabilistic methods applied to a variety of financial methods and are written by internationally renowned experts.

This book constitutes a quest for discourse and pragmatic features responsible for so-called optional grammatical choices. In an attempt to adduce new evidence for the assumption that, in order to capture adequately the reasons for the choice of various grammatical devices, a multi-variable model is necessary which could account for the development and the functioning of grammaticalized ethno-linguistic features in a variety of languages. The main hypothesis put forward is that, limited as they are by the possibilities of a given language, the choices open to speakers when reconstructing...