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Preserving the Ocean Circulation : Implications for Climate Policy

Keller, Klaus; Tan, Kelvin; Morel, François; Bradford, … - 2022

model to investigate the optimal policy response to this risk. Adding the constraint of avoiding a thermohaline circulation …

Persistent link: https://www.econbiz.de/10013312479

The Problem of the Commons : Still Unsettled after 100 Years

Stavins, Robert N. - 2010

The problem of the commons is more important to our lives and thus more central to economics than a century ago when … the commons. Within the realm of natural resources, there are special challenges associated with renewable resources …. Critical commons problems are also associated with environmental quality. A key contribution of economics has been the …

Persistent link: https://www.econbiz.de/10013137614

Non-Parametric Tests of the Tragedy of the Commons

Banzhaf, H. Spencer - 2019

-parametric tests of behavior consistent with the tragedy of the commons model. Our approach derives testable implications of such … to panel data of Norwegian fishers, we find evidence rejecting the tragedy of the commons model. Significantly, we find … commons.Institutional subscribers to the NBER working paper series, and residents of developing countries may download this …

Persistent link: https://www.econbiz.de/10012860448

Public Policies Against Global Warming

Sinn, Hans-Werner - 2007

Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies -- such as increasing ad-valorem taxes on carbon consumption or...

Persistent link: https://www.econbiz.de/10012775908

An Economist's Guide to Climate Change Science

Hsiang, Solomon - 2018

Climate change management is a global challenge that requires social science as much as it requires natural science. We provide a brief introduction to the physical science of climate change, written to provide essential background for economists and other social scientists. We also highlight...

Persistent link: https://www.econbiz.de/10012908829

Energy, the Environment, and Technological Change

Popp, David; Newell, Richard G.; Jaffe, Adam B. - 2021

Within the field of environmental economics, the role of technological change has received much attention. The long-term nature of many environmental problems, such as climate change, makes understanding the evolution of technology an important part of projecting future impacts. Moreover, in...

Persistent link: https://www.econbiz.de/10013220009

Free Trade and Global Warming : A Trade Theory View of the Kyoto Protocol

Copeland, Brian Richard; Taylor, Michael Scott - 2021

This paper demonstrates how three important results in environmental economics, true under mild conditions in closed economies, are false or need serious amendment in a world with international trade in goods. Since the three results we highlight have framed much of the ongoing discussion and...

Persistent link: https://www.econbiz.de/10013224928

Fat Tails, Thin Tails, and Climate Change Policy

Pindyck, Robert S. - 2010

the distribution for outcomes is fat-tailed. Furthermore, depending on the bound on marginal utility, the index of risk …

Persistent link: https://www.econbiz.de/10013138396

The Economics of Climate Change

Goulder, Lawrence H.; Pizer, William A. - 2021

Global climate change poses a threat to the well-being of humans and other living things through impacts on ecosystem functioning, biodiversity, capital productivity, and human health. This paper briefly surveys recent research on the economics of climate change, including theoretical insights...

Persistent link: https://www.econbiz.de/10013249385

Climate Tipping Points and Solar Geoengineering

Heutel, Garth - 2015

, using solar geoengineering as insurance against the risk of tipping points, or using solar geoengineering only as …

Persistent link: https://www.econbiz.de/10013014674