"The global environment is a matter of great importance to all nations.... Yet differences of opinions prevail about the main problems, and about the institutions to manage cooperation....The problem of finding carbon abatement policies is complicated by the scientific uncertainty about the...

In Capital in 21st century, Thomas Piketty criticizes Marxian theory and the law of the tendency of the rate of profit to fall in the long term. His main argument, asserted by other authors since decades, is related to the capacity of increases in productivity to counterweight the tendency. The...

Discussions of health care reforms are always tightly connected with the question of ensuring equity in financing health care. This paper analyses the German health care reform 2007 and its effect on the equity of health care financing. To do this Rawls’ and Nozick’s perceptions of justice...

Eine eingehende Kritik der paretianischen Wohlfahrtstheorie zeigt, daß normative Urteile in der Ökonomie einer breiteren ethisch-normativen Grundlage bedürfen. Neuere metaethische Ansätze begründen die prinzipielle Möglichkeit der dazu erforderlichen kognitiven ethischen Urteile. Als...

In this paper, we construct a political-economy model of international noncooperative environmental policymaking, and examine the strategic incentives for voters to elect an environmental policymaker in open economies. We show that under several circumstances, citizens have an incentive to...

Many products are made by technological processes that cause environmental damage. Current environmental concerns are affecting firms' technological processes as a result of government intervention in markets but also due to environmental awareness on the part of consumers. This paper assumes a...

Not only after the failure of the Copenhagen climate conference 2009, border carbon adjustment (BCA) has received growing attention in the climate policy debate as a measure to combat "carbon leakage" and force non-abating countries to tighter climate policies. In this paper, we study the...

There is an increasing tendency to use markets to induce the provision of environmental services. As such markets increase in scope, potential market participants might sell multiple environmental services. The question we consider here is whether participants in such markets should be allowed...

In this paper, we investigate whether French consumers have modified their preferences towards environmentally-friendly vehicles between 2003 and 2008. We estimate a model of demand for automobiles incorporating both consumers' heterogeneity and CO2 emissions of the vehicles. Our results show...

We analyse bargaining over international climate agreements in a setting with incomplete information about abatement costs. Incomplete information is known as one of the key reasons why negotiations may fail more generally, and why efficiency gains cannot be exploited. We ask whether unilateral...