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immissions in the natural environment. We distinguish two different types of households, in which the decision on the number of … both cases the decentralized outcome is not optimal due to two externalities: one occurs in the individual decision on … is qualitatively different. The different types of population externalities require different policy instruments in order …
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environment. In such a setting, the optimal birth rate is constant and policy should concentrate on intertemporal adjustment of …
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The performance of market based environmental regulation is affected by patents and vice versa. This interaction is studied for a new type of innovation where new technologies reduce emissions of a specific pollutant but at the same time cause a new type of damage. A robust finding is that the...
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