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Discounting and Sustainability in Integrated Assessment Models
Gerlagh, Reyer; van der Zwaan, Bob - 2014
discounting to adopt. Especially the quantitative results of Integrated Assessment Models have been subject to controversy because … of their strong sensitivity on future discounting. Many economic analysts advocate employing a descriptive time … encourage assuming a prescriptive time discounting, allowing them - by taking low discount values - to model a sustainable use …
Persistent link: https://www.econbiz.de/10014172829
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Green growth and climate resilient development intensification through the adoption of solar home system in the hard to reach areas of Bangladesh : an economic evaluation
Islam, Hasan Imtiaj; Arfanuzzaman, Md. - In: International journal of green economics 12 (2018) 3/4, pp. 345-365
Persistent link: https://www.econbiz.de/10012002714
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Economic analysis, sustainability and environmental commons
Musu, Ignazio - 2013
When confronted with market weaknesses and failures determining sustainability problems for environmental common-pool resources, economic analysis has proposed government intervention as the only alternative available. Elinor Ostrom showed that this dichotomy between market and government is not...
Persistent link: https://www.econbiz.de/10010223360
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Making the States Full Partners in a National Climate Change Effort : A Necessary Element for Sustainable Economic Development
Dernbach, John C.; McKinstry, Robert B.; Peterson, Thomas D. - 2015
This article explains why states and localities need to be full partners in a national climate change effort based on federal legislation or the existing Clean Air Act. A large share of reductions with the lowest cost and the greatest co-benefits (e.g., job creation, technology development,...
Persistent link: https://www.econbiz.de/10014197035
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Renewable resource use with imperfect self-control
Strulik, Holger; Werner, Katharina - 2020
We investigate renewable resources when the harvesting agents face self-control problems. Individuals are conceptualized as dual selves. The rational long-run self plans for the infinite future while the affective short-run self desires to maximize instantaneous profits. Depending on the degree...
Persistent link: https://www.econbiz.de/10012302852
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Does Risk Reduction Mitigate the Costs of Going Green? - An Empirical Study of Sustainable Investing
Benson, Christina C. - 2012
According to classic economic views of social responsibility as esposed by Milton Friedman, one would expect markets to penalize companies for undertaking social or environmental initiatives beyond minimal compliance with legal requirements, because such activities arguably may divert a firm's...
Persistent link: https://www.econbiz.de/10013107921
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The Nordhaus racket : how to use capitalization to minimize the cost of climate change and win a nobel for "sustainable growth"
Bikler, Šimšōn; Nitzan, Jonathan - 2018
The LA Times called the bluff: William D. Nordhaus won the Nobel prize in economics for a climate model that minimized the cost of rising global temperatures and undermined the need for urgent action. Unfortunately, though, the article missed the nugget in the racket.
Persistent link: https://www.econbiz.de/10011977531
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Generelle Nichtdiskontierung als Bedingung für eine nachhaltige Entwicklung?
Bayer, Stefan - 2003
methodisch verfah- ren sollte. Mit dem Generation Adjusted Discounting (GAD) wird ein solches Verfahren für langfristige, mehrere …Discounting is crucial for determining the efficiency of policy programmes. However, it has been criticized that … discounting prevents sustainable development. It could only be reached if we refrained from discounting at all. However, the …
Persistent link: https://www.econbiz.de/10011516059
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Nachhaltigkeitskonforme Diskontierung : das Konzept des "generation adjusted discounting"
Bayer, Stefan - In: Vierteljahrshefte zur Wirtschaftsforschung 73 (2004) 1, pp. 142-157
Persistent link: https://www.econbiz.de/10002084880