Publications
Climate policy under sustainable discounted utilitarianism
Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the conditions through which … read more »
Individual consumers and climate change: searching for a new moral compass
Individuals and households are responsible for about one third of all carbon emissions in the UK and the US, and yet, there has been limited policy … read more »
Government discounting controversies: the valuation of social time preference
The conceptual basis and numerical quantification of the time discount rate (or rates) to use for the comparison of policies or projects from a national perspective … read more »
Government discounting controversies: changing prices, opportunity costs and systematic risk
The conceptual basis and numerical quantification of the time discount rate (or rates) to use for public sector analysis have been debated for over half a … read more »
Carbon trading: unethical, unjust and ineffective?
Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of the EU, Japan, New Zealand, among others, as well as China (soon) and … read more »
Climate policy under sustainable discounted utilitarianism
Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the … read more »
The equity-efficiency trade-off environmental policy: evidence from stated preferences
The design of environmental policy raises several equity issues, in particular the distribution of benefits and costs. At the same time, it has often been argued that there is … read more »
Behavioural economics, hyperbolic discounting and environmental policy
This paper reviews some recent research in “behavioural economics” with an application to environmental issues. Empirical results from behavioural economics provide a reminder that human behaviour is context-dependent, implying … read more »
From efficiency to justice: utility as the informational basis of climate change strategies, and some alternatives
The aim of this paper is to consider, from an ethical point of view, the role that economics should play in evaluating climate change strategies. Economics has … read more »
New frontiers in the economics of climate change
New frontiers in the economics of climate change read more »
