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Many countries are implementing or at least considering policies to counter increasingly certain negative impacts from climate change. An increasing amount of research has been devoted to the analysis of the costs of climate change and its mitigation, as well as to the design of policies, such...
Persistent link: https://www.econbiz.de/10008798530
This paper studies the incentives for international cooperation if (some) countries prefer a more equitable distribution of per capita emission levels. The impact of such an equity preference is analyzed first for a bilateral, and then for a multilateral environmental problem. We show that -...
Persistent link: https://www.econbiz.de/10011598232
This paper deals with a core-equilibrium equivalence in an economy with public goods where preferences of consumers display warm glow effects. We demonstrate that provided that each consumer becomes satiated to other consumers provision, it holds that, for a sufficiently large economy, the set...
Persistent link: https://www.econbiz.de/10003827913
Inequity plays a fundamental role in the evaluation of social welfare in many dimensions.We revisit the concept of … measure of welfare as equity equivalents and develop the corresponding inequity index. We then allow for different degrees of … literature on this topic. We show that the ordering of aggregation across the different dimensions matters for welfare …
Persistent link: https://www.econbiz.de/10011622070
good supply and welfare. In particular, we describe, on the one hand, for which income distributions interior matching …
Persistent link: https://www.econbiz.de/10012016875
interactions, which, roughly speaking, measures the welfare impact of income redistribution in an arbitrary society. It then shows …
Persistent link: https://www.econbiz.de/10009757474
We estimate the demand value of road safety improvements in Switzerland from survey data using a novel elicitation approach. Individuals’ responses to questions about how much public spending on road safety should be increased are combined with observations of income, tax rate, and road usage...
Persistent link: https://www.econbiz.de/10011622075
This study analyzes how the willingness to pay (WTP) for a risk reduction for traffic accidents varies depending on the specific traffic safety measures and whether they are framed as public or private goods. Building on previous studies, we designed and conducted a contingent valuation survey...
Persistent link: https://www.econbiz.de/10015162721
interactions, which, roughly speaking, measures the welfare impact of income redistribution in an arbitrary society. It then shows …
Persistent link: https://www.econbiz.de/10009742339
welfare loss, but also due to warm glow effects, unlike Lindahl allocations, they are more likely to be achieved. -- Warm glow …
Persistent link: https://www.econbiz.de/10003827909