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On Environmental Taxation under Uncertainty

Blomquist, Sören; Aronsson, Thomas - 1999

and treated as a random variable by policy makers. The main purpose is to analyze how additional uncertainty about this …

Persistent link: https://www.econbiz.de/10010321768

Water challenges in socio-ecological systems: is human decision-making accounted for in the analysis of climate change adaptation options?

Zanini, Sara Floriana - 2023

This mixed-method systematic review is motivated by the willingness to identify the efforts of the most recent developments of the literature on the understanding of water challenges in socioecological systems, particularly coastal ones. The attention, in the exercise, is directed at the...

Persistent link: https://www.econbiz.de/10014305708

Climate Policy Commitment Devices

Dengler, Sebastian; Gerlagh, Reyer; Trautmann, Stefan T.; … - 2017

threshold uncertainty reduce resource extraction. We also study two conditions to assess the underlying social preferences and …

Persistent link: https://www.econbiz.de/10011816752

Self-enforcing international environmental agreements: Adaptation and complementarity

Rubio, Santiago J. - 2018

This paper studies the impact of adaptation on the stability of an international emission agreement. To address this issue we solve a three-stage coalition formation game where in the first stage countries decide whether or not to sign the agreement. Then, in the second stage, signatories...

Persistent link: https://www.econbiz.de/10011957021

An Adaptation-Mitigation Game: Does Adaptation Promote Participation in International Environmental Agreements?

Borrero, Miguel; Rubio, Santiago J. - 2021

This paper studies how the investment in adaptation can influence the participation in an international environmental agreement (IEA) when countries decide in adaptation before they choose their levels of emissions. Two types of agreements are studied, a complete agreement for which countries...

Persistent link: https://www.econbiz.de/10012605974

Should we sustain? And if so, sustain what? Consumption or the quality of life?

Llavador, Humberto; Roemer, John E.; Silvestre, Joaquim - 2012

Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human Development Reports, to include not only consumption, but...

Persistent link: https://www.econbiz.de/10010318844

Investment and Uncertainty: A Theory-Based Empirical Approach

Carlsson, Mikael - 2004

This paper provides empirical evidence on the dynamic effects of uncertainty on firm-level capital accumulation. A … novelty in this paper is that the firm-level uncertainty indicator is motivated and derived from a theoretical model, the …-correction approach is employed. I find a negative effect of uncertainty on capital accumulation, both in the short and the long run. This …

Persistent link: https://www.econbiz.de/10010321549

Ordering ambiguous acts

Jewitt, Ian; Mukerji, Sujoy - 2017

We investigate what it means for one act to be more ambiguous than another. The question is evidently analogous to asking what makes one prospect riskier than another, but beliefs are neither objective nor representable by a unique probability. Our starting point is an abstract class of...

Persistent link: https://www.econbiz.de/10011927995

The growth effects of institutional instability

Berggren, Niclas; Bergh, Andreas; Bjørnskov, Christian - 2009

Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve institutional quality, a country must endure a period of institutional change, which implies at least a little and possibly a lot of institutional instability. We investigate the...

Persistent link: https://www.econbiz.de/10013208542

Carnegie visits Nobel: Do inheritances affect labor and capital income?

Elinder, Mikael; Erixson, Oscar; Ohlsson, Henry - 2011

The objective of this paper is to study when and how much labor supply and savings of heirs respond to inheritances. We estimate fixed effects models following direct heirs, inheriting in 2004, during the years 2000 - 2008 using Swedish panel data. Our first main result is that the more the heir...

Persistent link: https://www.econbiz.de/10010321389

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