Showing 1 - 8 of 8
resources towards exploration. In particular, I argue there is a valid concern that privately optimal levels of industrial … activity will fail to fully capture all potential social gains; these sub-optimal exploration levels are linked to a departure … between the private and social values of exploration information. …
Persistent link: https://www.econbiz.de/10010294318
. Secondly, it considers the case of costly exploration activities being introduced within the basic model and accounts for the …
Persistent link: https://www.econbiz.de/10010282990
This paper deals with an assessment of the economic costs of environmental policies in the Netherlands, using a dynamic Applied General Equilibrium model with bottom-up information on abatement techniques. Empirical abatement cost curves are used to determine substitution possibilities between...
Persistent link: https://www.econbiz.de/10011324945
The amount of cooperation needed to improve the welfare of signatories of International Environmental Agreements (IEAs), in the presence of market imperfections, depends on the characteristics of pollution. In a dynamic model, the conventional wisdom on the effect of free-riding needs to be...
Persistent link: https://www.econbiz.de/10011608372
constraints on stable/efficient architectures and on dynamics. …
Persistent link: https://www.econbiz.de/10010272444
indivisibilities, this paper studies the dynamics of such an economy. We find that both the dynamics generated by competitive …
Persistent link: https://www.econbiz.de/10010279626
In terms of the number of signatories, one observes both large and small international environmental agreements. The theoretical literature, based on game theory, discusses different concepts and mechanisms for the stability of coalitions and has reached the conclusion that, under...
Persistent link: https://www.econbiz.de/10010312625
A model of different species competing for the same environment is presented, and possible explanations of peaceful coexistence or rather internecine conflicts are consequently derived. By means of a Lotka-Volterra dynamic system we describe the evolution of two populations (bees and locusts)...
Persistent link: https://www.econbiz.de/10010312652