This paper addresses the trade-off between unfavourable air pollution levels and favourable weather conditions for selecting a date for the staging of an outdoor event. For an event date that has been fixed, it presents a personal preference-based data-driven decision framework for individual...

When do multinational corporations (MNCs) derive the most from internalizing the transfer of proprietary technological know how? We revisit this question, which lies at the core of theories on multinationality and performance, from the perspective of corporate strategy involving the mix of green...

The article explores the implications of natural resource scarcity in terms of global cooperation and trade. We investigate whether there exist stable international long-term agreements that take into account the disparities between countries in terms of geological endowments and productive...

We propose a new and tractable model of fairness preferences to understand how leaders' often stated goal of intergenerational fairness influences their actions. We parameterize two distinct dimensions of fairness preferences, deterministic and stochastic fairness, to capture the heterogeneity...

This paper investigates the effect of institutional quality on sustainable development.Institutional quality is assumed to determine the (perceived) risk in the face of which oil and mining firms determine their level of investment in physical and natural capital. Since these two types of...

The paper develops a model with non-exponential population growth, nonrenewable natural resources, and endogenous knowledge creation to analyse substitution between primary inputs and an essential use of resources in the innovation sectors, which is generally considered as most unfavourable for...

This paper re-examines the existence of an Environmental Kuznets Curve (EKC) across countries using a semi-parametric regression estimator, which places no restrictions on the functional form. Our results using crosscountry panel data on Sulfur and Carbon Dioxide strongly suggest that the...

In "The Tragedy of the Commons," Garrett Hardin argues that those who can use a resource for free consume more of it than they would if they had to pay for it. Public resources eventually collapse because people overuse them. Hardin’s widely accepted argument seems correct as far as it goes,...

The energy transition from fossil fuels to alternative energy sources has important consequences for technological change and resource extraction. We examine these consequences by incorporating a non-renewable resource and an alternative energy source in a market economy model of endogenous...

This article builds on, and incorporates, an earlier one, in which I used four examples of doctoral theses at the Center for Energy and Environmental Policy to show the advantages of experiential learning in dealing with real-world problems of sustainable development. The purpose of the present...