Showing 1 - 10 of 482
When confronted with market weaknesses and failures determining sustainability problems for environmental common … factors at work in determining the role of institutions to deal with sustainability issues and explores the implications of …
Persistent link: https://www.econbiz.de/10010328786
The existing economics literature neglects the important role of capacity in the production of renewable energy. To … fiill this gap, we construct a model in which renewable energy production is tied to renewable energy capacity, which then … allocation of energy, and which therefore comes at the cost of reduced general production. Requiring societal well-being to never …
Persistent link: https://www.econbiz.de/10011815782
sustainability of countries, as compared to the World Bank estimates. Our calculations account for the fact that future prospects of …
Persistent link: https://www.econbiz.de/10014346316
Discounted utilitarianism treats generations unequally and leads to seemingly unappealing consequences in some models of economic growth. Instead, this paper presents and applies sustainable discounted utilitarianism (SDU). SDU respects the interests of future generations and resolves...
Persistent link: https://www.econbiz.de/10010264536
We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...
Persistent link: https://www.econbiz.de/10010281039
We examine the investment rule that must be satisfied by an efficient and egalitarian path in a discrete-time version of the Dasgupta-Heal-Solow model of capital accumulation and resource depletion. In the discrete-time model, competitive valuation of net investments in terms of early and late...
Persistent link: https://www.econbiz.de/10012908689
Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the conditions through which it is justified and due to its consequences for climate policies, where the discounting of...
Persistent link: https://www.econbiz.de/10010277391
This paper evaluates the relative importance of natural and human factors in shaping public awareness of climate change. I compare the predictive efficacy of natural factors, represented by air temperature deviations from historical norms, and human factors, encompassing noteworthy political...
Persistent link: https://www.econbiz.de/10014534368
Countries have made considerable efforts to diversify their energy sources from fossil fuels to renewables in the last … sluggish economic development during the energy transition period due to structural and functional changes in the economic … system. Given this backdrop, this study introduces a new measure of energy diversification. It explores its impact on …
Persistent link: https://www.econbiz.de/10012657953
sustainability of countries, as compared to the World Bank estimates. Our calculations account for the fact that future prospects of …
Persistent link: https://www.econbiz.de/10014377536