Climate change is an important environmental problem and one whose economic implications are many and varied. This paper starts with the presumption that mitigation of greenhouse gases is a necessary policy that has to be designed in a cost effective way. It is well known that market instruments...

In order to revamp Rhetoric as a methodological approach in Economics, this paper combines natural selection in evolution and the psychology of confirmatory bias. This latter can be thought of as a second best adaptation to the forces of natural selection and can also be an evolutionary stable...