Unchecked anthropogenic climate change has the potential to destroy human lives and wealth on an unprecedented scale. This dissertation analyzes from an economic perspective various public policy options to correct the market failures caused by climate change.The widespread adoption of...

We consider an extension of the classical secretary problem where a decision maker observes only the relative ranks of a sequence of up to N applicants, whose true values are i.i.d. U[0,1] random variables. Applicants arrive according to a homogeneous Poisson Process, and the decision maker...

The Clean Development Mechanism (CDM) is a flexible market mechanism intended to reduce greenhouse emissions and promote sustainable development. China hosts a third of all registered CDM projects, and generates two-thirds of all certified emissions reductions. Understanding the political...

Today, climate change is among the most hotly-debated topics worldwide. The Clean Development Mechanism (CDM), one of the three financial mechanisms under the Kyoto Protocol open to developing and developed countries, was devised to assist in mitigation of global warming. Since it was initiated,...

Year 2014 was considered by NASA and NOAA hottest year in history. Combined temperature of the atmosphere and oceans has increased overall by 0.68 degrees Celsius, and the devastating effects of climate changes produced irreversible consequences on the sustainability of the planet earth....

Diese Arbeit konzentriert sich auf die Analyse und den Vergleich des abfall- und kreislaufwirtschaftlichen Transformationsprozesses in Deutschland und in China sowie die Übertragbarkeit, nämlich inwieweit können die deutschen Erfahrungen nach China transferiert werden. Durch die Analyse der...