Narrow search
Showing 1 - 10 of 88,641
Cover Image
Pigouvian tax, abatement policies and uncertainty on the environment
Baiardi, Donatella; Menegatti, Mario - In: Journal of Economics 103 (2011) 3, pp. 221-251
Persistent link: https://www.econbiz.de/10009150303
Cover Image
Rationally Expected Externalities: The Implications for Optimal Waste Discharge and Recycling
Somerville, R.A. - Department of Economics, Trinity College Dublin - 2012
What if consumers' actions reveal concern for contributing to an externality, even without a pecuniary incentive? Within a two-level model, a policymaker prices disposal of waste, and a representative consumer chooses a consumption level for a dirty good and a division of the consequent waste...
Persistent link: https://www.econbiz.de/10010842944
Cover Image
Prices vs Quantities: The Irrelevance of Irreversibility
Baldursson, F.M.; Fehr, N.-H. M. von der - Økonomisk institutt, Universitetet i Oslo - 1998
We explore the efficacy of price and quantity controls in a dynamic set up in which the decisions of some agents are irreversible. We demonstrate that the assumption of irreversibility improves the performance of a tax relative that of a system of tradable quotas and significantly alters the...
Persistent link: https://www.econbiz.de/10005652128
Cover Image
Information and Pollution Permit Markets: Another View
Colander, David - In: Journal of Economic Education 37 (2006) 1, pp. 93-97
In a recent article, Smith and Yates (2003) argued that regulators could gain additional information about the optimal number of permits to issue from two-sided markets. The author argues that they are incorrect in their assertion because the market they refer to is an asymmetric two-sided...
Persistent link: https://www.econbiz.de/10005464484
Cover Image
Is economic rebalancing toward consumption “greener”? Evidence from visibility in China, 1984–2006
Li, Zhigang; Yuan, Jia; Song, Frank; Wei, Shangjin - In: Journal of Comparative Economics 42 (2014) 4, pp. 1021-1032
The Chinese government has adopted a rebalancing strategy since 2011, shifting from an investment- to consumption-oriented growth model. An aim of this reform is for a “greener” development mode, but relevant empirical evidence is slim. In this study, we propose an innovative methodology to...
Persistent link: https://www.econbiz.de/10011077648
Cover Image
Uncertainty in Integrated Assessment Modelling: Can Global Sensitivity Analysis Be of Help?
Anderson, Barry; Borgonovo, Emanuele; Galeotti, Marzio; … - Istituto di Economia e Politica dell'Energia e … - 2012
The complexity of integrated assessment models (IAMs) prevents the direct appreciation of the impact of uncertainty on …
Persistent link: https://www.econbiz.de/10010940834
Cover Image
Uncertainty in Integrated Assessment Modelling : Can Global Sensitivity Analysis Be of Help?
Anderson, Barry; Borgonovo, Emanuele; Galeotti, Marzio; … - 2012
The complexity of integrated assessment models (IAMs) prevents the direct appreciation of the impact of uncertainty on …
Persistent link: https://www.econbiz.de/10014166039
Cover Image
What we know and don't know about climate change, and implications for policy
Pindyck, Robert S. - 2020 - This draft: May 11, 2020
uncertainty over climate change and its impact, why there is so much uncertainty, and why we will continue to face uncertainty in … the near future. I also explain the policy implications of climate change uncertainty. First, the uncertainty … stronger actions to reduce CO2 emissions. Second, uncertainty interacts with two kinds of irreversibilities. First, CO2 remains …
Persistent link: https://www.econbiz.de/10012225170
Cover Image
Weitzman meets Nordhaus : expected utility and catastrophic risk in a stochastic economy-climate model
Ikefuji, Masako; Laeven, Roger J. A.; Magnus, Jan R.; … - 2011
produces robust optimal policies. The numerical results indicate that higher levels of uncertainty lead to less abatement and …
Persistent link: https://www.econbiz.de/10009387847
Cover Image
Expected Utility and Catastrophic Risk
Ikefuji, Masako - 2014
An expected utility based cost-benefit analysis is in general fragile to its distributional assumptions. We derive necessary and sufficient conditions on the utility function of the expected utility model to avoid this. The conditions ensure that expected (marginal) utility remains finite also...
Persistent link: https://www.econbiz.de/10013046073