Gersbach, Hans; Winkler, Ralph - 2007 - This version: June 2007
We design a global refunding scheme as a new international approach to address climate change. A global refunding … emissions. In a simple model we show that a suitably designed global refunding scheme is self-enforcing and achieves the social … Zürich
Swiss Federal Institute of Technology Zurich
On the Design of Global Refunding and Climate
Change∗
Hans Gersbach
CER …