The role of competition and diversity in economic performance : an overview -- Concepts of economic competition and performance in context -- Diversity of consumers, product innovation and economic performance -- Schumpeter and the dynamics of capitalism : the driving force of business...

I review the literature on the economic impacts of climate change, an externality that is unprecedentedly large, complex, and uncertain. Only 14 estimates of the total damage cost of climate change have been published, a research effort that is in sharp contrast to the urgency of the public...

Multi-gas approaches to climate change policies require a metric establishing "equivalences" among emissions of various species. Climate scientists and economists have proposed four classes of such metrics and debated their relative merits. We present a unifying framework that clarifies the...