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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
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
which exhibits distortions due to pollution, external landfilling costs and inefficient product design. The allocative …
Persistent link: https://www.econbiz.de/10005766303
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
Persistent link: https://www.econbiz.de/10005181310
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
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
production. Pollution, as a force that discourages agglomeration, is caused by domestic production. We show that cities are too … large and too few in number in uncoordinated equilibrium if economic growth implies increasing pollution (‘brown growth …
Persistent link: https://www.econbiz.de/10010599729
This paper explores how a principal with time-inconsistent preferences invests optimally in technology or capital. If the current principal prefers her future self to save more, she can increase current investments complementary to future savings and decrease investments in the strategic...
Persistent link: https://www.econbiz.de/10010877709
argue that technological change may instead increase the productivity of polluting inputs, and thus marginal abatement costs … stricter environmental policy induces some pollution-saving technological change, it may do so at the cost of a reduced overall …, the presence of additional distortions drive wedges between the social and private valuation of investment and pollution …
Persistent link: https://www.econbiz.de/10010877754