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Strategies of international risk management, as the implementation of tradable emission permits, feed back to the incentive structure of a treaty, like the Kyoto Protocol. Discussing the Kyoto Protocol the question was: Should there be any restrictions on the trading of emission permits or not?...
Persistent link: https://www.econbiz.de/10011597013
Strategies of international risk management, as the implementation of tradable emission permits, feed back to the incentive structure of a treaty, like the Kyoto Protocol. Discussing the Kyoto Protocol the question was: Should there be any restrictions on the trading of emission permits or not?...
Persistent link: https://www.econbiz.de/10014113927
Strategies of international risk management, as the implementation of tradable emission permits, feed back to the incentive structure of a treaty, like the Kyoto Protocol. Discussing the Kyoto Protocol the question was: Should there be any restrictions on the trading of emission permits or not?...
Persistent link: https://www.econbiz.de/10011335714
Common knowledge plays an important role in coordination problems and coordination problems are central to many areas of economic policy. In this paper, I review some common knowledge puzzles culminating in the electronic mail game. These puzzles may seem distant from practical concerns....
Persistent link: https://www.econbiz.de/10014088719
. We also study the informative role played by producers (lobbies) in revealing valuable information. We find that … producers reveal more information when the effects of harmful consumption on health are long lasting. Our results are robust to …
Persistent link: https://www.econbiz.de/10011608574
ecological dumping. It turned out that harmonised policies are rarely optimal under perfect information, but some rationale for … them is granted when asymmetric information between the Commission and national governments is considered. This paper … information, it makes harmonisation a much more attractive option. Under asymmetric information, it affects the governments …
Persistent link: https://www.econbiz.de/10014172904
The paper sketches out a theoretical framework for analysing the interplaybetween eco-efficiency, cognition and institutions. It derives from analyticalshortfalls of the prevailing literature, which features strongly engineering andbusiness economics, by using insights from New Institutional...
Persistent link: https://www.econbiz.de/10010306201
Governments contracting with private agents for the provision of an impure public good must contend with agents who would potentially supply the good absent any payments. This additionality problem is centrally important in the use of carbon offsets as part of climate change mitigation....
Persistent link: https://www.econbiz.de/10010325616
The issue of global warming has become a major topic in the international environmental debate. Alternative climate policy measures can be evaluated with the help of a simulation model that integrates economic and natural science considerations. A fully integrated assessment of the two-way...
Persistent link: https://www.econbiz.de/10010333018
When economic agents decide their optimal environmental behavior, they have to take into account non continuos evolutionary trends and irreversible changes characterising environmental phenomena. Given the still non perfect biophysical and economic knowledge, decisions have to be taken in an...
Persistent link: https://www.econbiz.de/10011608543