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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

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

Finding common ground when experts disagree : belief dominance over portfolios of alternatives

Baker, Erin; Bosetti, Valentina; Salo, Ahti A. - 2016

We address the problem of choosing a portfolio of policies under "deep uncertainty." We introduce the idea of belief dominance as a way to derive a set of non-dominated portfolios and robust individual alternatives. Our approach departs from the tradition of providing a single recommended...

Persistent link: https://www.econbiz.de/10011504367

A simple framework for climate-change policy under model uncertainty

Athanasoglou, Stergios; Bosetti, Valentina; Drouet, Laurent - 2016

We propose a novel framework for the economic assessment of climate-change policy. Our main point of departure from existing work is the adoption of a "satisficing", as opposed to optimizing, modeling approach. Along these lines, we place primary emphasis on the extent to which different...

Persistent link: https://www.econbiz.de/10011614242

Optimal clean energy R&D investments under uncertainty

Marangoni, Giacomo; De Maere d'Aertrycke, Gauthier; … - 2017

The availability of technology plays a major role in the feasibility and costs of climate policy. Nonetheless, technological change is highly uncertain and capital intensive, requiring risky efforts in research and development of clean energy technologies. In this paper, we introduce a two-track...

Persistent link: https://www.econbiz.de/10011622101