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aspects, there is a growing literature on equity and justice. Climate change policy has important dimensions of distributive … justice, both within and across generations, but in this paper we survey only studies on the intragenerational aspect, i …
Persistent link: https://www.econbiz.de/10010285586
aspects, there is a growing literature on equity and justice. Climate change policy has important dimensions of distributive … justice, both within and across generations, but in this paper we survey only studies on the intragenerational aspect, i …
Persistent link: https://www.econbiz.de/10010279392
This paper demonstrates that cooperation in international environmental negotiations can be explained by preferences for equity. Within a N-country prisoner?s dilemma in which agents can either cooperate or defect, in addition to the standard non-cooperative equilibrium, cooperation of a large...
Persistent link: https://www.econbiz.de/10010297749
existence often suffer from dilution in terms of ecological effectiveness, economic efficiency, and social justice. Thus, in … ecological effectiveness, economic efficiency and social justice and operationalizes them for giving design recommendations for … modern climate justice thinking in order to discuss the three criteria. In addition, design and implication analysis is …
Persistent link: https://www.econbiz.de/10010286393
This paper studies the incentives for international cooperation if (some) countries prefer a more equitable distribution of per capita emission levels. The impact of such an equity preference is analyzed first for a bilateral, and then for a multilateral environmental problem. We show that -...
Persistent link: https://www.econbiz.de/10011335769
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
We propose and experimentally test a mechanism for a class of principal-agent problems in which agents can observe each others' efforts. In this mechanism each player costlessly assigns a share of the pie to each of the other players, after observing their contributions, and the final...
Persistent link: https://www.econbiz.de/10011688535
Intergenerational altruism and contemporaneous cooperation are both important to the provision of long-lived public goods. Equilibrium climate protection may depend more sensitively on either of these considerations, depending on the type of policy rule one examines. This conclusion is based on...
Persistent link: https://www.econbiz.de/10010283613
Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human Development Reports, to include not only consumption, but...
Persistent link: https://www.econbiz.de/10010318844
The key role of technological change in the decline of energy and carbon intensities of aggregate economic activities is widely recognized. This has focused attention on the issue of developing endogenous models for the evolution of technological change. With a few exceptions this is done using...
Persistent link: https://www.econbiz.de/10010312524