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Environmental prices, uncertainty and learning
Dietz, Simon; Fankhauser, Samuel - London School of Economics (LSE) - 2009
There is an increasing demand for putting a shadow price on the environment to guide public policy and incentivise private behaviour. In practice, setting that price can be extremely difficult as uncertainties abound. There is often uncertainty not just about individual parameters but about the...
Persistent link: https://www.econbiz.de/10010884522
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The costs of adaptation
Fankhauser, Samuel - London School of Economics (LSE) - 2009
Policy interest in the cost of adaptation is growing, but compared to the mitigation literature adaptation cost research is still in its infancy. Global adaptation cost estimates from more recent studies range from around $25 billion a year to well over $100 billion by 2015-2030. The wide range...
Persistent link: https://www.econbiz.de/10010884713
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On non-marginal cost-benefit analysis
Dietz, Simon; Hepburn, Cameron - London School of Economics (LSE) - 2010
Conventional cost-benefit analysis incorporates the normally reasonable assumption that the policy or project under examination is marginal in the sense that it will not significantly change relative prices. In particular, it is assumed that the policy or project does not change the underlying...
Persistent link: https://www.econbiz.de/10010744993
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High impact, low probability? An empirical analysis of risk in the economics of climate change
Dietz, Simon - London School of Economics (LSE) - 2009
To what extent does economic analysis of climate change depend on low-probability, high-impact events? This question has received a great deal of attention lately, with the contention increasingly made that climate damage could be so large that societal willingness to pay to avoid extreme...
Persistent link: https://www.econbiz.de/10010746080
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Cost-benefit analysis of psychological therapy
Layard, Richard; Clark, David; Knapp, Martin; Mayraz, Guy - London School of Economics (LSE) - 2007
At present six million people are suffering from clinical depression or anxiety disorders, but only a quarter of them are in treatment. NICE Guidelines prescribe the offer of evidence-based psychological therapy, but they are not implemented, due to lack of therapists within the NHS. We...
Persistent link: https://www.econbiz.de/10011126602
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Cost-benefit analysis of psychological therapy
Layard, Richard; Clark, David; Knapp, Martin; Mayraz, Guy - London School of Economics (LSE) - 2007
At present six million people are suffering from clinical depression or anxiety disorders, but only a quarter of them are in treatment. NICE Guidelines prescribe the offer of evidence-based psychological therapy, but they are not implemented, due to lack of therapists within the NHS. We...
Persistent link: https://www.econbiz.de/10011071109
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Strategic appraisal of environmental risks: a contrast between the UK’s Stern Review on the Economics of Climate Change and its Committee on Radioactive Waste Management
Dietz, Simon; Morton, Alec - London School of Economics (LSE) - 2009
In this paper we compare two high-profile strategic policy reviews undertaken for the UK government on environmental risks: radioactive waste management and climate change. These reviews took very different forms, both in terms of analytic approach and deliberation strategy. The Stern Review on...
Persistent link: https://www.econbiz.de/10011071312
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A British industrial success: productivity in the Lancashire and New England cotton spinning industries a century ago
Leunig, Tim - London School of Economics (LSE) - 2003
stems from more intensive competition, manifested through external economies of scale and longer production runs. We finish …
Persistent link: https://www.econbiz.de/10010884525
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Does hospital competition save lives?: evidence from the English NHS patient choice reforms
Cooper, Zack; Gibbons, Stephen; Jones, Simon; McGuire, … - London School of Economics (LSE) - 2010
This paper examines whether or not hospital competition in a market with fixed reimbursement prices can prompt …. This paper assesses whether this aim has been achieved and competition led to improvements in quality. For our estimation … improved) for patients living in more competitive markets after the introduction of hospital competition in January 2006. Our …
Persistent link: https://www.econbiz.de/10010884675
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Endogenous industry structure in vertical duopoly
Halonen, Maija - London School of Economics (LSE) - 1994
integration emerges whether there is Cournot or Bertrand competition in the input market. The degree of integration in the …
Persistent link: https://www.econbiz.de/10010928628