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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

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

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

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

Optimal Mechanisms for Heterogeneous Multi-cell Aquifers

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

Standard economic models of groundwater management impose restrictive assumptions regarding perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, observability of individual extraction rates, and/or homogenous agents. In this article, we...

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

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

Bidding among Friends and Enemies

Ettinger, David - Fondazione ENI Enrico Mattei (FEEM) - 2003

We consider an auction setting in which potential buyers, even if they fail to obtain the good, care about the price paid by the winner. We study the impact of these price-externalities on the first-price auction and the second-price auction in a symmetric information framework. First, we...

Persistent link: https://www.econbiz.de/10005423117

Over-Allocation or Abatement? A Preliminary Analysis of the Eu Ets Based on the 2005 Emissions Data

Buchner, Barbara; Ellerman, Denny - Fondazione ENI Enrico Mattei (FEEM) - 2006

which over-allocation and abatement have taken place in 2005. We propose a measure by which over-allocation can be judged …

Persistent link: https://www.econbiz.de/10005230894

The Allocation of European Union Allowances: Lessons, Unifying Themes and General Principles

Buchner, Barbara K.; Carraro, Carlo; Ellerman, A. Denny - Fondazione ENI Enrico Mattei (FEEM) - 2006

This paper is the concluding chapter of Rights, Rents and Fairness: Allocation in the European Emissions Trading Scheme … lessons and general principles to be learnt from the allocation of allowances in the European Union Emission Trading Scheme … allocation process and on what are the global implications of the EU ETS. As has become obvious during the first allocation phase …

Persistent link: https://www.econbiz.de/10005570294