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The problem of the commons is more important to our lives and thus more central to economics than a century ago when … the commons. Within the realm of natural resources, there are special challenges associated with renewable resources …. Critical commons problems are also associated with environmental quality. A key contribution of economics has been the …
Persistent link: https://www.econbiz.de/10013138074
Research has shown that seeking to benefit the own group can under certain conditions achieve the opposite result when the beneficiary inter-group cooperation opportunity is undermined with a prisoners' dilemma type tribal interest conflict. In this paper, I reconsider this problem using...
Persistent link: https://www.econbiz.de/10012836311
We investigate whether a common mechanism to achieve global sustainability goals produces uniform results in the world's largest carbon offset market, the United Nations Clean Development Mechanism. Conventional wisdom suggests that an international regulatory accord designed to stimulate...
Persistent link: https://www.econbiz.de/10012898636
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Under reasonable assumptions, China could achieve parity in living standard with Western Europe by 2100, and India by 2150. Climate change, however, may be a key obstacle preventing such a convergence. The business-as-usual (BAU) growth path of the world economy might increase concentrations of...
Persistent link: https://www.econbiz.de/10012708833
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The problem of the commons is more important to our lives and thus more central to economics than a century ago when … the commons. Within the realm of natural resources, there are special challenges associated with renewable resources …. Critical commons problems are also associated with environmental quality. A key contribution of economics has been the …
Persistent link: https://www.econbiz.de/10012462253
International cooperation on the reduction of greenhouse gas emissions, disarmament, or free trade needs to be negotiated. The success of such negotiations depends on how they are designed. In the context of international climate change policy, it has been proposed [e.g., Weitzman J of the...
Persistent link: https://www.econbiz.de/10012500234
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