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Entropy and the value of information for investors

Cabrales, Antonio; Gossner, Olivier; Serrano, Roberto - HAL - 2011

Consider any investor who fears ruin when facing any set of investments that satisfy no-arbitrage. Before investing, he can purchase information about the state of nature in the form of an information structure. Given his prior, information structure $\alpha$ is more informative than information...

Persistent link: https://www.econbiz.de/10010930175

Atmospheric Pollution, Environmental Justice and Mortality Rate : a Spatial Approach

Lavaine, Emmanuelle - HAL - 2010

rate in relation to socioeconomic status and air pollution. Concentration level of CO, SO2, NO2, NO, O3 and PM10 are … results not only confirm the existence of short term relationships between current air pollution levels and mortality but also …

Persistent link: https://www.econbiz.de/10010603686

Invention and transfer of climate change-mitigation technologies: A global analysis

Dechezleprêtre, Antoine; Glachant, Matthieu; Hascic, Ivan - HAL - 2011

This article uses the European Patent Office Worldwide Patent Statistical Database to examine the geographic distribution and global diffusion of inventions in thirteen climate-mitigation technologies since 1978. The data suggest that until 1990 innovation was driven mostly by energy prices....

Persistent link: https://www.econbiz.de/10008792117

Longevity, Pollution and Growth

Raffin, Natacha; Seegmuller, Thomas - HAL - 2012

We analyze the interplay between longevity, pollution and growth. We develop an OLG model where longevity, pollution …

Persistent link: https://www.econbiz.de/10010933813

The Cost of Pollution on Longevity, Welfare and Economic Stability

Raffin, Natacha; Seegmuller, Thomas - HAL - 2014

This paper presents an overlapping generations model where pollution, private and public healths are all determinants … show that an appropriate fiscal policy may enhance welfare. However, when pollution is heavily harmful for longevity, the …

Persistent link: https://www.econbiz.de/10010933855

Strategic Interactions in Environmental Regulation Enforcement: Evidence from Chinese Provinces

Renard, Mary-Françoise; Xiong, Hang - HAL - 2012

This paper studies whether Chinese provinces set strategically their environmental stringency when faced with interprovincial competition for mobile capital. Using Chinese provincial data and spatial panel econometric models, we find that Chinese provinces do engage in this kind of strategic...

Persistent link: https://www.econbiz.de/10009651572

Polluting Industrialization

Constant, Karine; Nourry, Carine; Seegmuller, Thomas - HAL - 2011

link with pollution. We develop a simple overlapping generations model with paternalistic altruism according to wealth and … environmental concerns. One can therefore explain a simultaneous increase of capital intensity, population growth and pollution … capital intensity, population growth and pollution. …

Persistent link: https://www.econbiz.de/10009325714

Optimal Nuclear Waste Burial Policy under Uncertainty

Kama, Alain Ayong Le; Fodha, Mouez - HAL - 2008

an accident might occur in the future. The framework is an optimal growth model with pollution disutility. We show, under …

Persistent link: https://www.econbiz.de/10010738598

Politiques environnementales stratégiques et concurrence internationale: théorie et évidences

Youssef, Adel Ben; Ragni, Ludovic - HAL - 1998

L'article fournit une synthèse des politiques environnementales stratégiques établissant une distinction entre actions de court, moyen et long terme. Il spécifie quelles réglementations offrent un avantage stratégique aux firmes domestiques lorsque la concurrence s'effectue par les prix,...

Persistent link: https://www.econbiz.de/10010820959

L'énergie dans le développement de la Nouvelle-Calédonie = Energy in the development of New Caledonia

Bars, Yves Le; Faugère, Elsa; Menanteau, Philippe; … - HAL - 2010

Dans un contexte de raréfaction des ressources en énergie fossile et de changements climatiques, la Nouvelle-Calédonie, qui n'est pas actuellement soumise au protocole de Kyoto, doit répondre aux préoccupations environnementales et trouver les voies et moyens d'une moins grande dépendance...

Persistent link: https://www.econbiz.de/10008791148