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Uncertainty and learning play an important role in the management of many environmental and resource problems and in particular in climate change. In stylized game-theoretic models of international environmental treaty formation, which capture the strategic interactions between nations, learning...
Persistent link: https://www.econbiz.de/10010580592
Persistent link: https://www.econbiz.de/10005199296
International emission trading is an important flexibility mechanism, but its use has been often restricted on the ground that access to international carbon credits can undermine the domestic abatement effort reducing the incentive to innovate and, eventually, lowering the pace of climate...
Persistent link: https://www.econbiz.de/10010580583
Persistent link: https://www.econbiz.de/10005221163
Stabilizing the atmospheric concentrations of greenhouse gases (GHGs) at levels expected to prevent dangerous climate changes has become an important, long-term global objective. It is therefore crucial to identify a cost-effective way to achieve this objective. In this paper, we use WITCH, a...
Persistent link: https://www.econbiz.de/10005152681
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