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The Role of Product and Process Innovation in CGE Models of Environmental Policy

Baccianti, Claudio; Löschel, Andreas - WWWforEurope - 2014

to integrate endogenous technological progress. Nevertheless, several complexities of innovation are still neglected even … modelling literature through a special lens. We discuss how existing models deal with different types of innovation (i ….e. product and process innovation) and how differences in innovation activities influence modelling results. We also emphasise …

Persistent link: https://www.econbiz.de/10010936487

List of suggestions for behavioural elements in the macroeconomic model

Gazheli, Ardjan; Antal, Miklós; Bergh, Jeroen van den - WWWforEurope - 2013

Traditional economic theory describes economic agents as being perfectly rational. According to this approach, agents posses all necessary information and have the ability to process this information to make the best decision for maximizing their profit. However, in the real world this...

Persistent link: https://www.econbiz.de/10010678236

Policy responses by different agents/stakeholders in a transition: Integrating the Multi-level Perspective and behavioral economics

Gazheli, Ardjan; Antal, Miklós; Drake, Ben; Jackson, Tim; … - WWWforEurope - 2013

This short paper considers all possible stakeholders in different stages of a sustainability transition and matches their behavioral features and diversity to policies. This will involve an assessment of potential or expected responses of stakeholders to a range of policy instruments. Following...

Persistent link: https://www.econbiz.de/10011163463