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quantity-based policies (e.g., tradable permits) for controlling stock externalities. As in Weitzman (1974), the relative …
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quantity-based policies (e.g., tradable permits) for controlling stock externalities. Applied to the problem of greenhouse … in such cases. For negative externalities, we find that less stringent controls and price instruments are both associated …
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We present a modification of the most commonly used integrated assessment model (IAM) of climate change (DICE-2016), AD-DICE2016, which is designed to address three key aspects of climateeconomy models: treatment of uncertainty, the use of more appropriate utility functions, and including...
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existing externalities and optimal instrument choice is shown to be dependent on risk aversion of society as a whole as well as …
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ein, in dem erstmals der ursächliche Zusammenhang zwischen der Wahrscheinlichkeit, eine durch den Klimawandel bedingte …
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