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This note considers the treatment of risk and uncertainty in the recently established "social cost of carbon" (SCC) for analysis of federal regulations in the United States. It argues that the analysis of the US Interagency Working Group on Social Cost of Carbon did not go far enough into the...
Persistent link: https://www.econbiz.de/10009544394
Studies on preferences for environmental quality usually posit that price and income explain most of the observed choices. Incorporating recent advances in the economics of non-selfish behavior into the traditional public choice approach, we argue that the willingness to contribute to public...
Persistent link: https://www.econbiz.de/10005453586
Although there have been many initiatives designed to regenerate relatively run-down and deprived parts of major urban areas, there have been surprisingly few attempts to value their benefits. This article presents the findings of research that has sought to value the benefits of urban...
Persistent link: https://www.econbiz.de/10011135262
Using discrete choice experiments we examine preferences for the spatial provision of local environmental improvements in the context of regeneration policies. Amenities we consider are: improvements to areas of open space, recreation facilities and other public spaces; street cleanliness;...
Persistent link: https://www.econbiz.de/10010862768
Electricity generation is a major contributor to carbon dioxide emissions, and abatement in this sector is a key determinant of economy-wide regulation costs. The complexity of an integrated representation of economic and electricity systems makes simplifying assumptions appealing, but there is...
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