Publications

Policy publications 6 December 2018

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Hyperbolic discounting in the absence of credibility

Hyperbolic discounting in the absence of credibility

a working paper by Ben Groom, Elisa Cavatorta  25 March, 2019

The authors of this paper show theoretically that lack of credibility introduces a present bias, as subjects internalise the uncertainty. Hence, experiments that do not ensure credibility may erroneously conclude that observed behaviour is driven by hyperbolic pure time preferences, rather than the rational response to non-credible payoffs. read more »


For want of a chair: teaching price formation using a cap and trade game

For want of a chair: teaching price formation using a cap and trade game

a working paper by Stefano Carattini, Eli Fenichel, Alexander Gordan, Patrick Gourley  22 March, 2019

This paper describes the benefits of a game created as an active learning method to teach current and future decision-makers about the ‘cap and trade’ system, one of the most innovative policy options developed by environmental economists. read more »


Legislating for a low carbon and climate resilient transition: learning from international experiences

a policy publication by Alina Averchenkova  14 March, 2019

This paper aims to inform policy experts, legislators and decision makers on recent trends in climate change policy-making around the world and draws on the lessons learnt in relation to … read more »


El cambio climático y la transición justa: Guía para la toma de decisiones de los inversores

El cambio climático y la transición justa: Guía para la toma de decisiones de los inversores

a policy publication by Nick Robins, Vonda Brunsting, David Wood  14 March, 2019

En esta guía se indica cómo los inversores pueden alcanzar el objetivo de una transición justa en el marco de sus prácticas operativas fundamentales. (Spanish translation of ‘Climate change and the just transition: A guide for investor action’.) read more »


Changement climatique et transition juste: Guide pour orienter l’action des investisseurs

Changement climatique et transition juste: Guide pour orienter l’action des investisseurs

a policy publication by Nick Robins, Vonda Brunsting, David Wood  14 March, 2019

Ce guide présente les leviers d’action dont disposent les investisseurs en vue de poursuivre l’objectif d’une transition juste dans le cadre de leurs pratiques opérationnelles. (French translation of ‘Climate change and the just transition: A guide for investor action’.) read more »


Sustainability in the insurance industry: what role does it play for the “risk manager of society” (In German)

Sustainability in the insurance industry: what role does it play for the “risk manager of society” (In German)

a policy publication by Swenja Surminski  7 March, 2019

Surminski and Täger: Nachhaltigkeit in der Versicherungswirtschaft, Zeitschrift fuer das Versicherungswesen, 04/2019.


Linking permit markets multilaterally

a working paper by Baran Doda, Simon Quemin, Luca Taschini  27 February, 2019

This paper develops a novel theoretical tool with which a jurisdiction can evaluate the economic gains it can expect to obtain by linking its emissions trading system (ETS) to one, two or many ETSs at the same time, and proposes a reason why the global market remains a distant dream. read more »


Transitional restricted linkage between emissions trading schemes

Transitional restricted linkage between emissions trading schemes

a research article by Simon Quemin  20 February, 2019

Linkages between Emissions Trading Systems are deemed an important element of the future climate policy landscape. They are, however, difficult to agree and remain few and far between. Temporary restrictions … read more »


Crop diversification and child health: empirical evidence from Tanzania

a research article by Stefania Lovo  15 February, 2019

Malnutrition is recognized as a major issue among low-income households in developing countries with long-term implications for economic development. Recently, crop diversification has been considered as a strategy to … read more »


Adding fuel to fire? Social spillovers and spatial disparities in the adoption of LPG in India

a working paper by Suchita Srinivasan, Stefano Carattini  8 February, 2019

This paper investigates the role of ‘social spillovers’ – people learning from and imitating the behaviour of other people – in the adoption of new technologies, with a focus on liquefied petroleum gas (LPG) in India. The conclusions are important for policymakers seeking to hasten the switch to cleaner energy sources in developing countries. read more »