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This paper examines the economic rationale behind both the quantitative targets and the flexibility mechanisms adopted in the Kyoto Protocol. It synthesises some theoretical dimensions of the debate about the so-called "when flexibility" of climate policies, explaining the importance of the...
Persistent link: https://www.econbiz.de/10008791830
Cette communication vise à aider les chercheurs à élaborer un design de recherche globalement cohérent. Elle met en lumière l'importance fondamentale de situer les réflexions concerant les méthodes de recherche mixtes, tout autant que celle uniquement quantitatives ou uniquement...
Persistent link: https://www.econbiz.de/10009386804
Since von Neuman and Morgenstern's (1944) contribution to game theory, a rational decision maker will rank risky prospects according to the celebrated Expected utility criterion. This method takes lotteries i.e. (simple) probability distributions to represent risky prospects. If the decision...
Persistent link: https://www.econbiz.de/10008795857