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problems. In an attempt to advance in the modelling of adaptation within IAM models, we apply this methodology to shed some … light on how the optimal balance between mitigation and adaptation changes under different stochastic scenarios. We find … that stochastic technology growth hardly affects the optimal bundle of mitigation and adaptation whereas uncertainty about …
Persistent link: https://www.econbiz.de/10011451547
We study strategic interactions between firms with heterogeneous beliefs about future climate impacts. To that end, we propose a Cournot-type equilibrium model where firms choose mitigation efforts and production quantities such as to maximize the expected profits under their subjective beliefs....
Persistent link: https://www.econbiz.de/10013240456
Mounting costs of anthropogenic climate change reveal that adaptation will be essential to human well-being in coming … decades. At the same time, the literature on the economics of adaptation offers relatively little guidance for emerging policy …. In this chapter, we review the existing literature, focusing on how it can better inform adaptation policy design and …
Persistent link: https://www.econbiz.de/10015171667
, a lack of a general framework that can be used as a reference to address climate change adaptation and which could … adaptation. It also illustrates how the proposed conceptual modelling process is concretely put into practice with an application …
Persistent link: https://www.econbiz.de/10014230430
reducing greenhouse gas emissions so as to reduce anticipated adverse effects. But it is increasingly clear that adaptation … mandate adaptation may well have benefits far in excess of costs – and may, in fact, deliver higher net benefits than some … over time, adaptation is essential. It must be carefully assessed with attention to (a) its aggregate effects on social …
Persistent link: https://www.econbiz.de/10013308566
Persistent link: https://www.econbiz.de/10013553384
We examine how adaptation to climate change affects the incentives to ratify international environmental agreements …-country differences in adaptation costs. Second, we investigate the role of carbon leakage. We find that the incentives to join IEAs … remain unchanged with cross-country differences in adaptation when there is no carbon leakage, while these cross …
Persistent link: https://www.econbiz.de/10014145164
This paper examines the determinants of climate related disasters and attempts to estimate the presence of adaptive capacity in terms of per capita income and population density elasticities. We find evidence of adaptive capacity in a “weak” form both in terms of income and population...
Persistent link: https://www.econbiz.de/10011451169
This paper examines the determinants of climate related disasters and attempts to estimate the presence of adaptive capacity in terms of per capita income and population density elasticities. We find evidence of adaptive capacity in a “weak” form both in terms of income and population...
Persistent link: https://www.econbiz.de/10013001039
public climate adaptation. Specifically, we distinguish three dimensions of public adaptation: extent, structure (form and … voters, pressure groups, bureaucrats and politicians may bias adaptation decisions. Thus, we indicate specific barriers to … efficient public adaptation. Based on this framework, we illustrate how Germany's response to major flood disasters reflects the …
Persistent link: https://www.econbiz.de/10011455349