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Benefit-Cost Analysis of Environmental Projects: A Plethora of Systematic Biases

Graves, Philip E. - CESifo - 2010

There are many reasons to suspect that benefit-cost analysis applied to environmental policies will result in policy decisions that will reject those environmental policies. The important question, of course, is whether those rejections are based on proper science. The present paper explores...

Persistent link: https://www.econbiz.de/10008511597

The Value of a Statistical Life under Ambiguity Aversion

Treich, Nicolas - CESifo - 2008

We show that ambiguity aversion increases the value of a statistical life as soon as the marginal utility of wealth is higher if alive than dead. The intuition is that ambiguity aversion has a similar effect as an increase in the perceived baseline mortality risk, and thus operates as the...

Persistent link: https://www.econbiz.de/10005406403

The Willingness to Pay for Mortality Risk Reductions: A Comparison of the United States and Canada

Alberini, Anna; Krupnick, Alan; Cropper, Maureen; … - CESifo - 2002

We present results for two contingent valuation surveys conducted in Hamilton, Canada and the US to elicit WTP for mortality risk reductions. We find similar Value of Statistical Life estimates across the two studies, ranging from USD 930,000 to USD 4.8 million (2000 US dollars). WTP increases...

Persistent link: https://www.econbiz.de/10005416477

Democracy, Inequality and the Environment when Citizens can Mitigate Privately or Act Collectively

Bernard, Sophie; Hotte, Louis; Winer, Stanley L. - CESifo - 2010

either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public … ordinary citizens. The recognition that the health consequences of pollution can be dealt with privately at a cost adds an … private mitigation is feasible, inequality of incomes leads to an unequal distribution of the health burden of pollution (in …

Persistent link: https://www.econbiz.de/10008727301

Learning Abatement Costs: On the Dynamics of Optimal Regulation of Experience Goods

Hintermann, Beat; Lange, Andreas - CESifo - 2012

We study the introduction of new technologies when their costs are subject to idiosyncratic uncertainty and can only be fully learned through individual experience. We set up a dynamic model of clean experience goods that replace old polluting consumption options and show how optimal regulation...

Persistent link: https://www.econbiz.de/10010603856

Corrective Taxation for Curbing Pollution and Promoting Green Product Design and Recycling

Eichner, Thomas; Pethig, Rüdiger - CESifo - 2000

which exhibits distortions due to pollution, external landfilling costs and inefficient product design. The allocative …

Persistent link: https://www.econbiz.de/10005766303

The Demands for Environmental Regulation and for Trade in the Presence of Private Mitigation

Hotte, Louis; Winer, Stanley L. - CESifo - 2008

afford private mitigation of the adverse consequences of pollution is a central feature of the analysis. Private mitigation … leads to an endogenous, unequal distribution of the health-related consequences of pollution across income groups in a …

Persistent link: https://www.econbiz.de/10005094435

Nonlinear Production, Abatement, Pollution and Materials Balance Reconsidered

Pethig, Rüdiger - CESifo - 2005

pollution. …

Persistent link: https://www.econbiz.de/10005181310

Economic, Demographic and Political Determinants of Pollution Reassessed: A Sensitivity Analysis

Gassebner, Martin; Lamla, Michael; Sturm, Jan-Egbert - CESifo - 2006

Recent literature proposes many variables as significant determinants of pollution. This paper gives an overview of … this literature and asks which of these factors have an empirically robust impact on water and air pollution, i.e. do not … water pollution. …

Persistent link: https://www.econbiz.de/10005406345

The Effectiveness of Taxation and Feed-in Tariffs

Antoniou, Fabio; Strausz, Roland - CESifo - 2014

We study (energy) markets with dirty incumbents and costly entry by clean producers. For intermediate entry costs, the market outcome exhibits inefficient production and inefficient entry. A policy mix of three popular regulatory instruments—taxation on polluters, feed-in tariffs for clean...

Persistent link: https://www.econbiz.de/10010765499