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Abatement Cost Uncertainty and Policy Instrument Selection under a Stringent Climate Policy. A Dynamic Analysis

Bosetti, Valentina; Golub, Alexander; Massetti, Emanuele; … - Fondazione ENI Enrico Mattei (FEEM) - 2008

This paper investigates the relative economic and environmental outcomes of price versus quantity mechanisms to control GHG emissions when abatement costs are uncertain. In particular, we evaluate the impacts on policy costs, CO2 emissions and energy R&D for a stringent mitigation target of 550...

Persistent link: https://www.econbiz.de/10005423152

Cooperation, Stability and Self-Enforcement in International Environmental Agreements: A Conceptual Discussion

Tulkens, Henry; Chander, Parkash - Fondazione ENI Enrico Mattei (FEEM) - 2006

In essence, any international environmental agreement (IEA) implies cooperation of a form or another. The paper seeks for logical foundations of this. It first deals with how the need for cooperation derives from the public good aspect of the externalities involved, as well as with where the...

Persistent link: https://www.econbiz.de/10005385392

Spatial Analysis: Development of Descriptive and Normative Methods with Applications to Economic-Ecological Modelling

Xepapadeas, Anastasios; Brock, William - Fondazione ENI Enrico Mattei (FEEM) - 2004

This paper adapts Turing analysis and applies it to dynamic bioeconomic problems where the interaction of coupled economic and ecological dynamics over space endogenously creates (or destroys) spatial heterogeneity. It also extends Turing analysis to standard recursive optimal control frameworks...

Persistent link: https://www.econbiz.de/10008489612

Optimal Control and Spatial Heterogeneity: Pattern Formation in Economic-Ecological Models

Xepapadeas, Anastasios; Brock, William - Fondazione ENI Enrico Mattei (FEEM) - 2005

This paper extends Turing analysis to standard recursive optimal control frameworks in economics and applies it to dynamic bioeconomic problems where the interaction of coupled economic and ecological dynamics under optimal control over space creates (or destroys) spatial heterogeneity. We show...

Persistent link: https://www.econbiz.de/10005230809

Robust Control of a Spatially Distributed Commercial Fishery

Brock, William A.; Xepapadeas, Anastasios; … - Fondazione ENI Enrico Mattei (FEEM) - 2013

We consider a robust control model for a spatially distributed commercial fishery under uncertainty, and in particular a tracking problem, i.e. the problem of robust stabilization of a chosen deterministic benchmark state in the presence of model uncertainty. The problem is expressed in the form...

Persistent link: https://www.econbiz.de/10010610793

Optimal Mechanisms for Heterogeneous Multi-cell Aquifers

Athanassoglou, Stergios; Sheriff, Glenn; Siegfried, Tobias - Fondazione ENI Enrico Mattei (FEEM) - 2011

path in Markov perfect equilibrium for aquifers in which these assumptions do not hold. In spite of the complexity of the …

Persistent link: https://www.econbiz.de/10009002701

Decentralised Job Matching

Haeringer, Guillaume; Wooders, Myrna - Fondazione ENI Enrico Mattei (FEEM) - 2003

characterization of the Nash equilibrium outcomes and the Subgame Perfect equilibria. While the set of Nash equilibria outcomes contain …

Persistent link: https://www.econbiz.de/10005423104

The Maximal Payoff and Coalition Formation in Coalitional Games

Zhao, Jingang - Fondazione ENI Enrico Mattei (FEEM) - 2008

This paper first establishes a new core theorem using the concept of generated payoffs: the TU (transferable utility) core is empty if and only if the maximum of generated payoffs (mgp) is greater than the grand coalition’s payoff v(N), or if and only if it is irrational to split v(N). It then...

Persistent link: https://www.econbiz.de/10005423160

Network of Commons

Ilkiliç, Rahmi - Fondazione ENI Enrico Mattei (FEEM) - 2008

exists a unique equilibrium. But when the users have concave values, the network structure matters. The exploitation at each … source depends on the centrality of the links connecting the source to the users. The equilibrium is unique and we provide a … formula which expresses the quantities at an equilibrium as a function of a network centrality measure. Next we characterize …

Persistent link: https://www.econbiz.de/10005423231

Paths to Stability in Two-sided Matching with Uncertainty

Lazarova, Emiliya; Dimitrov, Dinko - Fondazione ENI Enrico Mattei (FEEM) - 2013

We consider one-to-one matching problems under two modalities of uncertainty that differ in the way types are assigned to agents. Individuals have preferences over the possible types of the agents from the opposite market side and initially know the “name” but not the ”type” of the other...

Persistent link: https://www.econbiz.de/10010904912