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The price vs quantity debate: climate policy and the role of business cycles

The price vs quantity debate: climate policy and the role of business cycles

a working paper by Karlygash Kuralbayeva, Anna Grodecka  27 January, 2015

What is the optimal instrument design and choice for a regulator attempting to control emissions by private agents in face of uncertainty arising from business cycles? In applying Weitzman’s result … read more »


Luring others into climate action: Coalition formation games with threshold and spillover effects

Luring others into climate action: Coalition formation games with threshold and spillover effects

a working paper by Alessandro Tavoni, Valentina Bosetti, Melanie Heugues  13 January, 2015

Cooperation between countries is required to overcome major societal problems, such as climate change. However, rational logic dictates that individual countries are incentivised not to act, instead preferring to … read more »


Urban development and air pollution:  Evidence from a global panel of cities

Urban development and air pollution: Evidence from a global panel of cities

a working paper by Charles Palmer, Christian Hilber  19 December, 2014

Study examines air pollution concentration in 75 urban areas between 2005 and 2011. Focuses specifically on the impacts of changes in the urban environment and transportation mode on pollution. A … read more »


The Role of Insurance in Reducing Direct Risk – The Case of Flood Insurance

The Role of Insurance in Reducing Direct Risk – The Case of Flood Insurance

a research article by Swenja Surminski  18 December, 2014

This article explores the current understanding of flood insurance with a specific focus on the ability of flood insurance to contribute to direct risk reduction. read more »


Post-2020 climate agreements in the major economies assessed in the light of global models

Post-2020 climate agreements in the major economies assessed in the light of global models

a research article by Alex Bowen, Emanuele Campiglio  16 December, 2014

Integrated assessment models can help in quantifying the implications of international climate agreements and regional climate action. This paper reviews scenario results from model intercomparison projects to explore different … read more »


Climate change: The necessary, the possible and the desirable. Earth League climate statement on the implications for climate policy from the 5th IPCC Assessment.

Climate change: The necessary, the possible and the desirable. Earth League climate statement on the implications for climate policy from the 5th IPCC Assessment.

a research article by Bob Ward, Nicholas Stern  14 December, 2014

Rockström, J., Brasseur, G., Hoskins, B., Lucht, W., Schellnhuber, J., Kabat, P., Nakicenovic, N., Gong, P., Schlosser, P., Máñez Costa, M., Humble, A., Eyre, N., Gleick, P., James, R., Lucena, … read more »


brazil_amazon

The conservation versus production trade-off: does livestock intensification increase deforestation? Evidence from the Brazilian Amazon

a working paper by Petterson Molina Vale  2 December, 2014

More cattle, less deforestation? Land use intensification in the Amazon is an unexpected phenomenon. Theories of hollow frontier, speculative behaviour and boom-bust all share the prediction that livestock production will … read more »


Managing the climate commons at the nexus of ecology, behaviour and economics

Managing the climate commons at the nexus of ecology, behaviour and economics

a research article by Alessandro Tavoni, Simon Levin  26 November, 2014

Academic contributions to climate change policy have been constrained by methodological and terminological differences, so we discuss how programmes aimed at cross-disciplinary education and involvement in governance may help to unlock scholars’ potential to propose new solutions. read more »


Resolving intertemporal conflicts: Economics vs. Politics

Resolving intertemporal conflicts: Economics vs. Politics

a working paper by Antony Millner, Geoffrey Heal  24 November, 2014

Intertemporal conflicts occur when a group of agents with heterogeneous time preferences must make a collective decision about how to manage a common asset. How should this be done? We … read more »


Dr_Simon_Dietz

Climate change mitigation as catastrophic risk management

a research article by Simon Dietz  18 November, 2014

Since Nicholas Stern published his influential ‘Review on the Economics of Climate Change’ for the British government in 2006, economists have become increasingly interested in how the value of climate policy, especially the reduction of greenhouse gas emissions at the global level, depends on risk and uncertainty. New lines of research make the case that mitigating climate change is above all an exercise in catastrophic risk management. read more »


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