"This volume addresses current concerns about the climate and environmental sustainability by exploring one of the key drivers of contemporary environmental problems: the role of status competition in generating what we consume, and what we throw away, to the detriment of the planet. Across time...

The interaction between habit formation and pollution-type ex- ternalities modifies the social optimum through discount effects and elasticity effects. If the substitution elasticity does not exceed unity, both effects reduce optimal consumption and capital in the long run, and the optimal...

The interaction between habit formation and pollution-type ex- ternalities modifies the social optimum through discount effects and elasticity effects. If the substitution elasticity does not exceed unity, both effects reduce optimal consumption and capital in the long run, and the optimal...