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What social cost of carbon? A mapping of the climate debate
Perrissin Fabert, Baptiste; Dumas, Patrice; Hourcade, … - 2012
Given disparate beliefs about economic growth, technical change and damage caused by climate change, this paper starts with the seeming impossibility of determining a unique time profile of the social costs of carbon as a benchmark for climate negotiations and for infrastructure decisions that...
Persistent link: https://www.econbiz.de/10010330124
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A post-consumer waste management model for determining optimal levels of recycling and landfilling
Huhtala, Anni - 1997
The present study examines the optimal recycling rate for municipal solid waste. First, an optimal control model is developed to describe the waste accumulation phenomenon. The physical costs of recycling, the social costs of landfilling, and consumers' environmental preferences are accounted...
Persistent link: https://www.econbiz.de/10011608356
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General pattern formation in recursive dynamical systems models in economics
Xepapadeas, Anastasios; Brock, William - 2009
This paper presents a fairly general treatment of recursive infinite horizon forward looking optimizing systems on infinite dimensional spatial domains. It includes optimal control, an analysis of local stability of spatially flat optimal steady states and development of techniques to compute...
Persistent link: https://www.econbiz.de/10010279438
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Optimal emission policy under the risk of irreversible pollution
Kama, Alain Ayong le; Pommeret, Aude; Prieur, Fabien - 2011
We consider an optimal consumption and pollution problem that has two important features. Environmental damages due to economic activities may be irreversible and the level at which the degradation becomes irreversible is unknown. Particular attention is paid to the situation where agents are...
Persistent link: https://www.econbiz.de/10010279637
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Carbon Sequestration with Reforestations and Biodiversity-Scenic Values
Caparrós, A.; Cerdá, E.; Ovando, P.; Campos, P. - 2007
This paper presents an optimal control model to analyze reforestations with two different species, including commercial values, carbon sequestration and biodiversity or scenic values. We solve the model qualitatively with general functions and discuss the implications of partial or total...
Persistent link: https://www.econbiz.de/10010312643
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Pollution control: When, and how, to be precautious
Athanassoglou, Stergios; Xepapadeas, Anastasios - 2011
The precautionary principle (PP) applied to environmental policy stipulates that, in the presence of physical uncertainty, society must take robust preventive action to guard against worst-case outcomes. It follows that the higher the degree of uncertainty, the more aggressive this preventive...
Persistent link: https://www.econbiz.de/10010279642
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Modeling ambiguity in expert elicitation surveys: Theory and application to solar technology R&D
Athanassoglou, Stergios; Bosetti, Valentina - 2012
potential of new technologies. In this paper we propose a simple decision-theoretic framework that takes into account ambiguity … ambiguity. Our model is intuitive, captures decision makers' ambiguity attitudes, and enables simple sensitivity analysis across … levels of ambiguity. We apply our framework to original data from a recent expert elicitation survey on solar technology. The …
Persistent link: https://www.econbiz.de/10010282954
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Carbon taxes, path dependency and directed technical change: Evidence from the auto industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hemous, David; … - 2012
Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between dirty (internal combustion engine) and clean (e.g. electric and hybrid) patents across 80 countries over several decades. We show that firms...
Persistent link: https://www.econbiz.de/10010294270
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Quantifying sustainability: A new approach and world ranking
Carraro, Carlo; Campagnolo, Lorenza; Eboli, Fabio; … - 2012
This paper proposes a new tool to assess sustainability and make the concept of sustainable development operational. It considers its multi-dimensional structure combining the information deriving from a selection of relevant sustainability indicators belonging to economic, social and...
Persistent link: https://www.econbiz.de/10010294272
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Climate change and adaptation: The case of Nigerian agriculture
Bosello, Francesco; Campagnolo, Lorenza; Eboli, Fabio - 2013
The present research offers an economic assessment of climate change impacts on the four major crop families characterizing Nigerian agriculture, covering more than 80% of agricultural value added. The evaluation is performed shocking land productivity in a computable general equilibrium model...
Persistent link: https://www.econbiz.de/10010294279