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contingent valuation surveys that elicit the willingness to pay (WTP) for mortality risk reductions. We examine the importance of … response effects, and internal validity of the WTP responses. We illustrate the importance of these factors using dichotomous …-choice and open-ended WTP data from four recent contingent valuation surveys. …
Persistent link: https://www.econbiz.de/10005423106
We offer a framework to assign quantitative allocations of emissions of greenhouse gases (GHGs), across countries, one budget period at a time. Under the two-part plan: (i) China, India, and other developing countries accept targets at Business as Usual (BAU) in the coming budget period, the...
Persistent link: https://www.econbiz.de/10009320996
, cost effectiveness, equity, flexibility in the presence of new information, and incentives for participation and compliance …
Persistent link: https://www.econbiz.de/10005423122
This paper develops a formal model of exchange network stability that combines expected value theory (Friedkin 1995) with the economic literature on network dynamics. We identify stable networks up to size 8 for varying costs and investigate whether they are Pareto efficient and egalitarian....
Persistent link: https://www.econbiz.de/10005230832
development. Equity-weighted estimates of the (marginal) impact of greenhouse gas emissions reflect these differences. Equity …-weighted estimates of the marginal damage cost of carbon dioxide emissions are substantially higher than estimates without equity …-weights; equity-weights may also change the sign of the social cost estimates. Equity weights need to be normalised. Our estimates …
Persistent link: https://www.econbiz.de/10005230866
the equity effects of the policy reforms. The second contribution is related to the way in which the externalities are …
Persistent link: https://www.econbiz.de/10005385363