Bosello, Francesco; Carraro, Carlo; De Cian, Enrica - In: Environment and Development Economics 18 (2013) 03, pp. 270-290
This paper analyzes the optimal mix of adaptation and mitigation expenditures in a cost-effective setting, in which countries cooperate to achieve a long-term stabilization target (550 CO<sub>2</sub>-eq). It uses an Integrated Assessment Model (AD-WITCH) that describes the relationships between different...