Regulation with anticipated learning about environmental damages
نویسندگان
چکیده
منابع مشابه
Regulation with Anticipated Learning about Environmental Damages∗
A regulator anticipates learning about the relation between environmental stocks and economic damages. For a model with linear-quadratic costs and a general learning process, we show analytically that anticipated learning decreases the optimal level of abatement at a given information set. If learning causes the regulator to eventually decide that damages are higher than previously thought, lea...
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ژورنال
عنوان ژورنال: Journal of Environmental Economics and Management
سال: 2006
ISSN: 0095-0696
DOI: 10.1016/j.jeem.2005.09.006