Climate Policy: Science, Economics, and Extremes
نویسندگان
چکیده
منابع مشابه
Extremes in Economics and the Economics of Extremes
Within econometrics, probability theory and statistics, an enormous literature exists on the topic of Extremes in Economics. See for instance Mikosch [47] and Klüppelberg [36] in this volume, and the numerous references listed in those contributions. For a long time, econometric research has shown that, for instance logarithmic returns of financial data are non–normal. Extremal moves up or down...
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The policy recommendations of most economists are based on the rational actor model. The emphasis is on achieving efficient allocation by insuring that property rights are completely assigned and that market failures are corrected. This paper takes the position that so-called behavioral “anomalies” are central to human decision making and therefore, should be the starting point for effective ec...
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The policy recommendations ofmost economists are based on the rational actormodel. The emphasis is on achieving efficient allocation by insuring that property rights are completely assigned and that market failures are corrected. This paper takes the position that so-called behavioral “anomalies” are central to human decision-making and, therefore, should be the starting point for effective eco...
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Although much carbon is removed each year from the earth’s atmosphere by forest growth, the CO2 content of the air has been increasing over the past number of centuries. To calculate the rate of carbon storage in forest ecosystems a number of models have been developed. The models developed in Britain generally combine tree production functions with carbon retention curves for various products....
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ژورنال
عنوان ژورنال: Review of Environmental Economics and Policy
سال: 2014
ISSN: 1750-6816,1750-6824
DOI: 10.1093/reep/reu009