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Asymmetric Regulation of Identical Polluters in Oligopoly Models

Amir, Rabah; Nannerup, Niels - 2006

Studies of second-best environmental regulation of identical polluting agents have invariably ignored potentially welfare-improving asymmetric regulation by imposing equal regulatory treatment of identical firms at the outset. Yet, cost asymmetry between oligopoly firms may well give rise to...

Persistent link: https://www.econbiz.de/10014055106

Nonparametric Tests for Common Values in Fixed-Price Sealed-Bid Auctions

Haile, Philip A.; Hong, Han; Shum, Matthew - 2004

We develop tests for common values at first-price sealed-bid auctions. Our tests are nonparametric, require observation only of the bids submitted at each auction, and are based on the fact that the "winner's curse" arises only in common values auctions. The tests build on recently developed...

Persistent link: https://www.econbiz.de/10014072657

Protecting the Environment When Costs and Benefits are Privately Known

Lewis, Tracy R. - 2014

about the costs and benefits of pollution reduction. The presence of asymmetric information calls for some important …

Persistent link: https://www.econbiz.de/10014073443

Updating Subjective Risks in the Presence of Conflicting Information : An Application to Climate Change

Cameron, Trudy Ann - 2003

subjective risks as a function of individual priors, the nature of external information, and individual attributes. We examine … several rival hypotheses about how subjective risks change in the face of new information (Bayesian updating, alarmist … learning, and ambiguity aversion). The source and nature of external information, as well as its collective ambiguity, can have …

Persistent link: https://www.econbiz.de/10014075832

Individual Option Prices for Climate Change Mitigation

Cameron, Trudy Ann - 2003

Willingness to pay for climate change mitigation depends on people's perceptions about just how bad things will get if nothing is done. Individual subjective distributions for future climate conditions are combined with stated preference discrete choice data over alternative climate policies to...

Persistent link: https://www.econbiz.de/10014075834

Risk Sharing in Coasean Contracts

Zivin, Joshua Graff; Small, Arthur A. - 2003

The Coase Theorem is analyzed in a setting in which pollution damages are a stochastic function of emissions and of natural environmental variability (e.g., weather). When pollution damages are stochastic, emissions create financial risks. Pollution levels allowed under Coasean contracts then in...

Persistent link: https://www.econbiz.de/10014118500

China in Context : Energy, Water, and Climate Cooperation

Burleson, Elizabeth - 2014

Climate resilient communities can be achieved with the support of global research, development, deployment, and diffusion of environmentally sound low GHG emission technologies and processes. Technology cooperation should lower emissions remaining mindful of biodiversity, ecosystem services and...

Persistent link: https://www.econbiz.de/10014045386

Minimizing Negative Externalities while Going Green

Agarwal, Charu - 2022

The objective examination of environmentally sustainable projects based on publicly available information raise …

Persistent link: https://www.econbiz.de/10014243716

Achieving Good Water Governance

Burleson, Elizabeth - 2014

Public participation ranging from information sharing to decision-making remains central to equitable and effective … establish partnerships. It also helps ensure that vital considerations are not bypassed. Providing the public with information …

Persistent link: https://www.econbiz.de/10014186515

Warming Up to Water Markets

Adler, Jonathan H. - 2014

Water policy experts contend that the United States is heading toward a water scarcity crisis in the coming years. Global climate change is likely to make water scarcity much worse in the long run. This article argues that demands of current and projected water management challenges can best be...

Persistent link: https://www.econbiz.de/10014210537