The social cost of carbon is an estimate of the benefit of reducing CO2 emissions by one ton today. As such it is a key input into cost-benefit analysis of climate policy and regulation. We provide a set of new estimates of the social cost of carbon from the integrated assessment model FUND 3.5...

We propose a new method for estimating the power-law exponent of a firm size variable, such as annual sales. Our focus is on how to empirically identify a range in which a firm size variable follows a power-law distribution. As is well known, a firm size variable follows a power-law distribution...

In this paper, we extend the Fehr and Schmidt model of inequality aversion to a situation where the players differ with respect to their benefits and costs from contributions to a non-linear public good. A necessary condition for contributing to the public good is that the players' benefit...

The subject of this paper is the importance of the diffusion of environmental innovations between countries for the global development of environmental policy. Empirical observation has shown that national environmental initiatives are often rapidly adopted by other countries; thus, these...

In diesem Aufsatz stellen wir die Ergebnisse einer Umfrage unter den Mitgliedern des Vereins für Socialpolitik vor, welche die Bewertung der Relevanz und Reputation ökonomischer Fachzeitschriften zum Ziel hatte. Bei der Bewertung der Relevanz werden internationale englischsprachige...

Sustainable development is the globally embraced paradigm for integrating environment and development policies. Agreement ends with attempts atoperationalizing the elusive notion of sustainability. A contentious debate among'environmentalists' and 'environmental economists' has brought about a...