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We study optimal investment in self-protection of insured individuals when they face interdependencies in the form of potential contamination from others. If individuals cannot coordinate their actions, then the positive externality of investing in self-protection implies that, in equilibrium,...
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potential policies against climate change: mitigation, which is the traditional policy, and geoengineering. We analyze the … optimal policy mix of geoengineering and mitigation in both a cooperative and a noncooperative framework, in which we study …
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impatience, and the private cost of geoengineering. We determine the impact of asymmetry on mitigation and SRM activities …, concentration of GHGs, and global temperature, and we examine whether a trade-off actually emerges between mitigation and SRM. Our … results could provide some insights into a currently emerging debate regarding mitigation and SRM methods to control climate …
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This paper studies the influence of productivity, pollution sensitivity, and adaptive capacity on optimal mitigation …
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