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GoBs are goods for which agents have non-monotonic preferences: more is beneficial only up to an ideal level, beyond which additional quantities become undesirable. We analyze public GoBs (non-excludable and non-rival) through a theoretical framework applicable to diverse contexts such as solar...
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Technological innovation is a key strategy for tackling environmental problems. The required R&D expenditures however are substantial and fall on self-interested countries. Thus, the prospects of successful innovation critically depend on innovation incentives. This paper focuses on a specific...
Persistent link: https://www.econbiz.de/10010504676
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Solar geoengineering has received increasing attention as an option to temporarily stabilize global temperatures. A key concern surrounding these technologies is that heterogeneous preferences over the optimal amount of cooling combined with low deployment costs may allow the country with the...
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Recent research in the field of network economics has shown how explicitly modelling the network structure of social and economic relations can provide significant theoretical insights, as well as account for previously unexplained empirical evidence. Despite their critical importance to many...
Persistent link: https://www.econbiz.de/10010238354
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