Distributional biases in the analysis of climate change

The economic analysis of global warming is dominated by models based on optimal growth theory. These representative-agent models have an intrinsic distributional bias in favor of the rich. The bias is compounded by the use of revenue-neutrality in the allocation of emission permits. The result is mitigation recommendations that are biased downwards.

MoreLess

Year of publication:	2011
Authors:	Skott, Peter ; Davis, Leila
Publisher:	Amherst, MA : University of Massachusetts, Department of Economics
Subject:	representative agent \| welfare \| global warming \| inequality.

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Series:	Working Paper ; 2011-22
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	672014629 [GVK] hdl:10419/64174 [Handle] RePEc:ums:papers:2011-22 [RePEc]
Classification:	Q13 - Agricultural Markets and Marketing; Cooperatives; Agribusiness ; I3 - Welfare and Poverty ; E1 - General Aggregative Models
Source:	EconStor

Persistent link: https://www.econbiz.de/10010287819