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Conservation by Lending
Harstad, Bård; Storesletten, Kjetil - 2023
This project analyzes how a principal can motivate an agent to conserve rather than exploit a depletable resource. This dynamic problem is relevant for tropical deforestation as well as for other environmental problems. It is shown that the smaller is the agent's discount factor (e.g., because...
Persistent link: https://www.econbiz.de/10014346959
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Economic land use, ecosystem services and microfounded species dynamics
Eichner, Thomas; Pethig, Rüdiger - 2004
species forming a food chain. The size of habitat determines the diversity and abundance of species. That biodiversity …
Persistent link: https://www.econbiz.de/10010276166
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Prevention and Mitigation of Epidemics : Biodiversity Conservation and Confinement Policies
Augeraud-Véron, Emmanuelle - 2020
This paper presents a first model integrating the relation between biodiversity loss and zoonose pandemic risks in a … preserve a greater quantity of biodiversity, thus decreasing the probability of a pandemic occurring, and second (mitigation … biodiversity conservation is shown to be more relevant for more “forward looking” societies, with a small discount rate and a high …
Persistent link: https://www.econbiz.de/10012824824
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Biodiversity and geography
Rauscher, Michael; Barbier, Edward B. - 2007
looks at optimal policies of biodiversity conservation. The subject of the paper is natural biodiversity, which is …
Persistent link: https://www.econbiz.de/10010264149
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Environmental policy under model uncertainty: a robust optimal control approach
Funke, Michael; Paetz, Michael - 2007
Model uncertainty is inherent in the design of optimal environmental policy. We investigate the consequences in a simple linear model, where the aim of the policymaker is to stabilize the carbon content of the atmosphere. We study how decision-makers' concerns about robustness alter policy using...
Persistent link: https://www.econbiz.de/10010264084
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Environmental policy design and the fragmentation of international markets for innovation
Johnstone, Nick; Hascic, Ivan - 2009
It has long been argued that the implementation of market-based environmental policy instruments such as environmentally-related taxes and tradable permits is likely to lead to greater technological innovation than more direct forms of regulation such as technology-based standards. One of the...
Persistent link: https://www.econbiz.de/10010266020
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Optimal liability sharing and court errors: An exploratory analysis
Boyer, Marcel; Porrini, Donatella - 2010
We focus in this paper on the effects of court errors on the optimal sharing of liability between firms and financiers, as an environmental policy instrument. Using a structural model of the interactions between firms, financial institutions, governments and courts we show, through numerical...
Persistent link: https://www.econbiz.de/10010270509
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What is the best environmental policy? Taxes, permits and rules under economic and environmental uncertainty
Angelopoulos, Konstantinos; Economides, George; … - 2010
We study the importance of uncertainty and public finance to the welfare ranking of three environmental policy instruments: pollution taxes, pollution permits and Kyoto-like numerical rules for emissions. The setup is the basic stochastic neoclassical growth model augmented with the assumptions...
Persistent link: https://www.econbiz.de/10010270638
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Benefit-cost analysis of environmental projects: A plethora of systematic biases
Graves, Philip E. - 2010
There are many reasons to suspect that benefit-cost analysis applied to environmental policies will result in policy decisions that will reject those environmental policies. The important question, of course, is whether those rejections are based on proper science. The present paper explores...
Persistent link: https://www.econbiz.de/10010274086
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Environmental policy and the macroeconomy under shallow-lake dynamics
Heijdra, Ben J.; Heijnen, Pim - 2009
We study the environmental and economic effects of public abatement in the presence of multiple stable steady-state ecological equilibria. Under shallow-lake dynamics (SLD), the isocline for the stock of pollution features two stable branches, a good and a bad one. Assuming that the ecology is...
Persistent link: https://www.econbiz.de/10010274231