Showing 1 - 10 of 89
Persistent link: https://www.econbiz.de/10008502673
This study uses the concept of shadow prices formeasuring the impacts of climate change. By estimatinga restricted profit function rather than a cost or aproduction function the explanatory power of the modelis increased because of an endogenous outputstructure. Using low aggregated panel data...
Persistent link: https://www.econbiz.de/10005684417
This paper analyzes future carbon emissions inequality using a group decomposition of the Gini index. Business-as-usual projections to the year 2100 for 135 countries show inequality in per capita emissions declines slowly. Next, the impact on emissions levels and inequality of the Kyoto...
Persistent link: https://www.econbiz.de/10005547556
Persistent link: https://www.econbiz.de/10008926340
This paper addresses the question of how uncertainty in costs and benefits affects the difficulty of reaching a voluntary agreement among sovereign states. A measure of “difficulty” is constructed related to side-payments necessary to make an agreement a Pareto-improving move. Using a simple...
Persistent link: https://www.econbiz.de/10005810686
Persistent link: https://www.econbiz.de/10010862792
International treaties allow a minister in one country to learn about the beliefs held by a minister in another country … countries negotiate treaties, why these treaties often implement the Nash non-cooperative equilibrium, why agreement to a treaty … by a country deemed not particularly favorable to it can strengthen environmental action, and why treaties may invoke a …
Persistent link: https://www.econbiz.de/10010862814
Persistent link: https://www.econbiz.de/10005719827
One approach to the economic analysis of global warming seeks to balance the costs of damage from or adaptation to it with the costs of mitigating it. The costs of adaptation and damage have been estimated using techniques of environmental evaluation, but are subject to a wide margin of...
Persistent link: https://www.econbiz.de/10005719870
This paper discusses the use ofdistributional weights in CBA based on a generalBergson-Samuelson SWF. In particular it illustratessome consequences of applying a SWF characterized byconstant inequality aversion (which includes classicalutilitarianism as a special case), together with aconstant...
Persistent link: https://www.econbiz.de/10005719887