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. While much of the literature focuses on cities in the developed world, we anticipate that similar issues will be of …
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The durability of the transportation capital stock slows down the pace of decarbonization since newer vintages feature cutting-edge technology. If older vintages were to be retired sooner, the social cost of travel would decline. This paper analyzes and explores the viability of a potential...
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Climate change poses many new risks to people in the developing world. Unlike in standard choice under uncertainty … scenarios are most likely to unfold. We explore how individual farmers in the developing world are likely to respond to these …
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