Climate change is a global "free rider" problem because significant abatement of greenhouse gases is an expensive public good requiring international cooperation to apportion compliance among states. But it is also a global "free driver" problem because geoengineering the stratosphere with...

Thus far, most approaches to resolving the global warming externality have been quantity based. With n different national entities, a meaningful comprehensive treaty involves negotiating n different binding emissions quotas (whether tradeable or not). In post-Kyoto practice this n-dimensional...

This paper is concerned with the problem of choosing, on the enterprise level, a least cost technology for producing a bill of goods. Given certain simplifying assumptions appropriate to a long-run partial equilibrium environment, the problem is shown to be of a form which is solvable with any...