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Now or Never: Environmental Protection under Hyperbolic Discounting

Winkler, Ralph - 2009

The author analyzes the optimal investment in environmental protection in a model of an infinite series of non-overlapping hyperbolically discounting agents. He shows that without a commitment mechanism society is eventually stuck in a situation where all agents prefer further investment in the...

Persistent link: https://www.econbiz.de/10010298585

Now or Never: Environmental Protection under Hyperbolic Discounting

Winkler, Ralph - 2006

In this paper, we extend the well known result that hyperbolically discounting agents tend to postpone costs into the future. In a simple model we show that, without commitment to the ex ante optimal plan, no investment in environmental protection is undertaken over the whole time horizon, no...

Persistent link: https://www.econbiz.de/10011753124

Is Inequality Harmful for the Environment in a Growing Economy?

Kempf, Hubert; Rossignol, Stéphane - 2005

In this paper we investigate the relationship between inequality and the environment in a growing economy from a … the environment. Public expenditures may either be devoted to supporting growth or abating pollution. The decision over … and show that inequality is harmful for the environment: the poorer the median voter relative to the average individual …

Persistent link: https://www.econbiz.de/10010312338

Umweltbezogenes Subventionscontrolling

Rave, Tilmann; Thöne, Michael; Bergs, Christian; Koch, Lars - 2010

Zentrales Ziel des vorliegenden Forschungsvorhabens ist der Entwurf eines praktikablen, umweltbezogenen Subventionscontrollings. Die Umweltwirksamkeitsanalyse ausgabenpolitischer Instrumente soll in mehreren Dimensionen vorangetrieben werden. Zunächst soll das Vorhaben einen Beitrag in der...

Persistent link: https://www.econbiz.de/10011698404