Control and Game Models of the Greenhouse Effect: Economics Essays on the Comedy and Tragedy of the Commons

Control and Game Models of the Greenhouse Effect: Economics Essays on the Comedy and Tragedy of the Commons

by Herman S.J. Cesar
     
 

This book deals with economic policy regarding the Greenhouse Effect using control and game models. First, a literature review is given of intertemporal optimisation models of environmental issues with special focus on the Greenhouse Effect. Next, the issue of sustainability is discussed for different specifications of the natural assimilation function. Furthermore

Overview

This book deals with economic policy regarding the Greenhouse Effect using control and game models. First, a literature review is given of intertemporal optimisation models of environmental issues with special focus on the Greenhouse Effect. Next, the issue of sustainability is discussed for different specifications of the natural assimilation function. Furthermore, capital accumulation is considered both in abatement and in human capital. The international dimension is analysed next with focus on the difference between feedback and open-loop solutions, as well as on cooperative outcomes using trigger and renegotiation-proof strategies. Finally, second best forms of cooperation in the form of "issue linkage" and "technology transfers" are worked out.

Product Details

ISBN-13:
9783540582205
Publisher:
Springer Berlin Heidelberg
Publication date:
08/26/1994
Series:
Lecture Notes in Economics and Mathematical Systems Series, #416
Edition description:
Softcover reprint of the original 1st ed. 1994
Pages:
226
Product dimensions:
6.10(w) x 9.25(h) x 0.02(d)

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