Showing 1 - 10 of 101
We analyze the role of electricity storage for technological innovations in electricity generation. We propose a directed technological change model of the electricity sector, where innovative firms develop better electricity storage solutions, which affect not only the relative competitiveness...
Persistent link: https://www.econbiz.de/10012986171
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/10013094430
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/10008511597
We consider a world economy, in which the global public good 'biodiversity' is positively correlated with that share of …-to-pay for biodiversity conservation is positive in 'rich' developed countries (North), but very low in 'poor' developing … welfare when the North financially supports biodiversity conservation in the South – as stipulated in the Convention on …
Persistent link: https://www.econbiz.de/10012962993
looks at optimal policies of biodiversity conservation. The subject of the paper is natural biodiversity, which is …
Persistent link: https://www.econbiz.de/10012751891
looks at optimal policies of biodiversity conservation. The subject of the paper is "natural" biodiversity, which is …
Persistent link: https://www.econbiz.de/10005406256
In this paper we develop a micro ecosystem model whose basic entities are representative organisms which behave as if maximizing their net offspring under constraints. Net offspring is increasing in prey biomass intake, declining in the loss of own biomass to predators and Allee's Law applies....
Persistent link: https://www.econbiz.de/10013318279
issues: climate change and biodiversity. Involvement of governments and a reference framework provided by intergovernmental …
Persistent link: https://www.econbiz.de/10010723528
Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal conservation contract, (iii) when the donor prefers contracting with central rather than local governments, and (iv) how the donor’s presence may induce institutional change....
Persistent link: https://www.econbiz.de/10011273091
This paper provides a formal survey of price and quantity instruments for mitigating global warming. We explicitly consider policies’ impact on the incentives of resource owners who maximize their profits intertemporally. We focus on the informational and commitment requirements of the...
Persistent link: https://www.econbiz.de/10008596574