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Simulating with RICE coalitionally stable burden sharing agreements for the climate change problem
Eyckmans, Johan; Tulkens, Henry - 1999
In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme advocated by Germain, Toint and Tulkens (1997). This scheme is designed to sustain full co-operation in a voluntary international environmental agreement by making all...
Persistent link: https://www.econbiz.de/10011608534
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Simulating coalitionally stable burden sharing agreements for the climate change problem
Eyckmans, Johan; Tulkens, Henry - 2001
In this paper we introduce the CLIMNEG World Simulation (CWS) model for simulating cooperative game theoretic aspects of global climate negotiations. The model is derived from the seminal RICE model by Nordhaus and Yang (1996). We first state the necessary conditions that determine optimal...
Persistent link: https://www.econbiz.de/10011608837
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Environmental evaluation and global development institutions: A case study of the global environment facility
Batra, Geeta; Uitto, Juha I.; Feinstein, Osvaldo Néstor - 2022
"Evaluation is increasingly important for finding sustainable solutions for the people and the planet, based on a systematic analysis of what works, for whom, and under what circumstances, and to contribute to the achievement of the Sustainable Development Goals, as they pertain to the...
Persistent link: https://www.econbiz.de/10014280290
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Recursive intergenerational utility in global climate risk modeling
Minh, Ha-Duong; Treich, Nicolas - 1999
of these findings for the debate upon discounting and sustainability under uncertainty. …
Persistent link: https://www.econbiz.de/10011608555
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Sustainable greenhouse policies: The role of non-CO 2 gases
Michaelis, Peter - 1997
This paper investigates the economic implications of a comprehensive approach to sustainable greenhouse policies that strives to stabilise the atmospheric concentration of the five major greenhouse gases at an ecologically determined threshold level. In a theoretical optimisation model...
Persistent link: https://www.econbiz.de/10011608327
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Systematic discounting in climate policy analysis
Bayer, Stefan; Cansier, Dieter - 1996
We investigate the systematic intergenerational discounting of climate policy on basis of the neo-classical benefit …-cost analysis. Reference point is the Ramsey-rule which results from optimal growth theory. The agents live infinitely long. This … of human beings, a realistic discounting method would be to use an OLG-model. This method allows each living generation …
Persistent link: https://www.econbiz.de/10010435515
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On the art of aggregating "apples & oranges"
Jesinghaus, Jochen - 2000
The Communication on Environmental Indicators and Green National Accounting (Com (94) 670 final, 21.12.94) laid the basis for indicator and accounting projects aimed to give comprehensive support to environmental policy, like GARP and GreenStamp. The article is intended to demonstrate: that...
Persistent link: https://www.econbiz.de/10011608654
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On the Relation between Dual-Rate Discounting and Substitutability
Kögel, Tomas - 2009
discounting environment consumption with an environmental discount rate instead of a consumption discount rate that is usually … used in cost-benefit analysis. The present study clarifies that whether or not this dual-rate discounting approach succeeds …
Persistent link: https://www.econbiz.de/10010298591
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On the Relation between Discounting of Climate Change and Edgeworth-Pareto Substitutability
Kögel, Tomas - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-27, pp. 1-12
suggests discounting environmental quality at a lower discount rate than the standard consumption discount rate. Recent …
Persistent link: https://www.econbiz.de/10010298645
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On the Relation between Discounting of Climate Change and Edgeworth-Pareto Substitutability
Kögel, Tomas - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2011) 2009-27 (Version 2), pp. 1-12
suggests discounting environmental quality at a lower discount rate than the standard consumption discount rate. Recent …
Persistent link: https://www.econbiz.de/10010303843