Bosetti, Valentina; Carraro, Carlo; Massetti, Emanuele; … - 2007
The stabilisation of GHG atmospheric concentrations at levels expected to prevent dangerous climate change has become … objective. In this paper we use WITCH, a hybrid climate-energy-economy model, to obtain a quantitative assessment of some cost … spillovers across 12 regions of the world, optimal strategies are the outcome of a dynamic game through which inefficiency costs …