We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...

This paper re-examines the relationship between per capita income, inequality, and per capita emissions while accounting for nonhomotheticity in green preferences and nonlinearities in the impact of economic growth on GHG emissions. Theoretically, our research is motivated by the fact that if...

1. Innovation and Smart Cities Research: A Review and Future Directions -- 2. The role of the fourth industrial revolution technologies in driving smart cities -- 3. Finance and economic return of smart city projects -- 4. Cities transformation and benefits of Smart Cities -- 5. Cities: the new...