BRECHET, Thierry; TULKENS, Henry - Center for Operations Research and Econometrics (CORE), … - 2013
) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are, and in addition, they are … substitutes. This brings climate policies naturally in the realm of benefit-cost analysis. In this paper we illustrate the "direct …" cost components of various policies, and then confront them with the benefits generated, that is, the damage cost avoided …