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Disentangling the Stern/Nordhaus controversy : beyond the discounting clash
Espagne, Etienne; Perrissin Fabert, Baptiste; Pottier, … - 2012
The Stern/Nordhaus controversy has polarized the widely disparate beliefs about what to do in order to tackle the climate challenge. To explain differences in results and policy recommendations, comments following the publication of the Stern Review have mainly focused on the role played by the...
Persistent link: https://www.econbiz.de/10009628143
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Incentives and stability of international climate coalitions : an integrated assessment
Bosetti, Valentina; Carraro, Carlo; De Cian, Enrica; … - 2011
assumptions concerning the pure rate of time preference, the social welfare aggregator and the extent of climate damages. We focus …
Persistent link: https://www.econbiz.de/10009419726
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Priority for the worse off and the social cost of carbon
Adler, Matthew D.; Anthoff, David; Bosetti, Valentina; … - 2016
reduction in current consumption that produces a loss in social welfare equivalent to that caused by the emission of a ton of CO …2. The standard approach is to calculate the SCC using a discounted-utilitarian social welfare function (SWF)-one that … welfare economics, but has been, thus far, little used in climate scholarship. The core idea is to give greater weight to well …
Persistent link: https://www.econbiz.de/10011547506