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This paper demonstrates that cooperation in international environmental negotiations can be explained by preferences for equity. Within a N-country prisoner?s dilemma in which agents can either cooperate or defect, in addition to the standard non-cooperative equilibrium, cooperation of a large...
Persistent link: https://www.econbiz.de/10010297749
This paper presents the model of an economy subject to the mass conservation principle. The economic system is related to the environment by a flow of virgin materials into the economy, and by the diffusion of waste into the environment. Ecoefficiency contributes to reducing material waste in...
Persistent link: https://www.econbiz.de/10010298590
This paper presents the model of an economy subject to the mass conservation principle. The economic system is related to the environment by a flow of virgin materials into the economy, and by the diffusion of waste into the environment. Ecoefficiency contributes to reducing material waste in...
Persistent link: https://www.econbiz.de/10010298639
This paper studies the incentives for international cooperation if (some) countries prefer a more equitable distribution of per capita emission levels. The impact of such an equity preference is analyzed first for a bilateral, and then for a multilateral environmental problem. We show that -...
Persistent link: https://www.econbiz.de/10011335769
To answer the question "How to be an Ecological Economist", we must start by defining the field of Ecological Economics. Mainstream Economics altogether lacks the concepts required to deal adequately with nature, justice and time. It was the absence of these three concepts in this otherwise...
Persistent link: https://www.econbiz.de/10011422164
international capital movements, newfirm formation, and international trade. This paper focuses on a statistically rigorous analysis … ofinternational trade studies, using a technique that is known as meta-analysis. The paper presentsa statistically supported … regulation and competitiveness are when itcomes to studies on international trade flows. The synthesis of the literature is …
Persistent link: https://www.econbiz.de/10010324783
, the adoption of voluntary approaches is likely to further increase industry concentration. This clearly raises a trade …
Persistent link: https://www.econbiz.de/10011608517
We develop and test a model of social comparison in which individuals gain status through pro-social behavior (competitive altruism) and in which they endogenously choose the reference group and associated reference standard involved in signaling status (reference group selection). In our...
Persistent link: https://www.econbiz.de/10010435684
In the past there was hardly any use of economic instruments in environmental policy, mainly command and control measures were used. More recently, ecological taxes as well as tradable permits became more popular and voluntary agreements have been implemented. Using the Public Choice approach we...
Persistent link: https://www.econbiz.de/10010315254
Uncertainty has an almost negligible impact on project value in the economic standard model. I show that a comprehensive evaluation of uncertainty and uncertainty attitude changes this picture fundamentally. The analysis relies on the discount rate, which is the crucial determinant in balancing...
Persistent link: https://www.econbiz.de/10010280817