This paper verifies the robustness of Dixit's claim that common agency problems in the public sector can be solved by restrictions on the incentive schemes that government agencies can develop for the subordinates of other departments. In our model, the outside principal (for instance, an...

The environmental costing model (Milieu-Kosten-Model or MKM in Dutch) is a tool for assessing cost-efficiency of environmental policy. The present paper describes the modelling methodology and illustrates it by presenting numerical simulations for selected multi-sector and multi-pollutant...

Combustion of fossil fuels causes carbon emissions which contribute to global climate change. But combustion processes are also responsible for sulphur emissions and sulphate aerosols offset part of the global warming problem since they increase locally the albedo of the Earth's atmosphere....

In this paper we present some numerical simulations with the MacGEM model to evaluate the consequences for the Kyoto Protocol on the reduction of greenhouse gases of the recent Bonn agreement and the nonratification by the USA. MacGEM is a global marginal abatement cost model for carbon...