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This paper studies the impact of adaptation on the stability of an international emission agreement. To address this issue we solve a three-stage coalition formation game where in the first stage countries decide whether or not to sign the agreement. Then, in the second stage, signatories...
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This paper is a theoretical analysis in terms of water transport costs, water rates, rentsand social welfare of three criteria applicable to the planning of water transfer systemsbetween rivers. The studied criteria have been: costs minimization of water transportation, establishing of water...
Persistent link: https://www.econbiz.de/10005016410
A model of optimal economic growth with a constant population subject to a constraint on the availability of land is presented. It takes account of the dual character of land as a production factor and as a consumption good (environmental amenities) by determining the optimal intertemporal...
Persistent link: https://www.econbiz.de/10008550411
In this paper the long-run effects of demand and recharge uncertainty on the socially optimal management of groundwater reserves are studied. Demand uncertainty is modeled in a dynamic framework by letting the demand function shift randomly but continuously through time according to a random...
Persistent link: https://www.econbiz.de/10008550418