We propose the river pollution claims problem to distribute a pollution budget among agents located along a river. A … location of pollution along the river is an important concern in addition to fairness. We characterize the class of externality … propose two novel axioms that are motivated by the river pollution context and use them to characterize two priority rules. …

; cost uncertainty ; Cournot competition ; First Best ; Second Best ; capacity obligations ; spot market regulation. …

This paper studies the influence of productivity, pollution sensitivity, and adaptive capacity on optimal mitigation … and adaptation in a two country global pollution model. We investigate the effects of changes of these parameters on the …