Showing 1 - 10 of 189
We study the effect of leadership in an experimental threshold public "bad" game, where we manipulate both the relative returns of two investments (the more productive of which causes a negative externality) and the extent to which the gains from leadership diffuse to the group. The game...
Persistent link: https://www.econbiz.de/10010493038
Persistent link: https://www.econbiz.de/10010519477
We study the effect of leadership in an experimental threshold public ‘bad' game, where we manipulate both the relative returns of two investments (the more productive of which causes a negative externality) and the extent to which the gains from leadership diffuse to the group. The game...
Persistent link: https://www.econbiz.de/10013026762
Persistent link: https://www.econbiz.de/10011746359
This paper describes the WITCH - World Induced Technical Change Hybrid - model in its structure, calibration, and the implementation of the SSP/RCP scenario implementation. The WITCH model is a regionally disaggregated hard-linked model based on a Ramsey type optimal growth model and a detailed...
Persistent link: https://www.econbiz.de/10011487772
Persistent link: https://www.econbiz.de/10010482313
We propose a novel framework for the economic assessment of climate-change policy. Our main point of departure from existing work is the adoption of a "satisficing", as opposed to optimizing, modeling approach. Along these lines, we place primary emphasis on the extent to which different...
Persistent link: https://www.econbiz.de/10011614242
This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and...
Persistent link: https://www.econbiz.de/10010270465
This paper analyses optimal investments in innovation when dealing with a stringent climate target and with the uncertain effectiveness of R&D. The innovation needed to achieve the deep cut in emissions is modelled by a backstop carbon-free technology whose cost depends on R&D investments. To...
Persistent link: https://www.econbiz.de/10010312294
Persistent link: https://www.econbiz.de/10003788178