increases, adaption only increase if demand is inelastic. Only then welfare loss from market failure increases. Total welfare …

increases if demand is price inelastic. Otherwise, welfare loss from market failure decreases with pollution. The total welfare … influence of adaptation. Concave welfare loss has crucial implications for abatement policies. Copyright Springer Science …

This paper investigates the welfare costs of unilateral versus internationally coordinated emission permit policies in … country, the domestic welfare costs of a unilateral domestic permit policy are larger than of an internationally coordinated … the post-Kyoto era since bearing the costs of foreign actionism is cheaper, in terms of welfare, than agreeing on …

This paper investigates the welfare costs of unilateral versus internationally coordinated emission permit policies in … country, the domestic welfare costs of a unilateral domestic permit policy are larger than of an internationally coordinated … the post-Kyoto era since bearing the costs of foreign actionism is cheaper, in terms of welfare, than agreeing on …