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Optimal climate policy under the possibility of a catastrophe

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Author Info
Gjerde, Jon
Grepperud, Sverre
Kverndokk, Snorre

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Article provided by Elsevier in its journal Resource and Energy Economics.

Volume (Year): 21 (1999)
Issue (Month): 3-4 (August)
Pages: 289-317
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Handle: RePEc:eee:resene:v:21:y:1999:i:3-4:p:289-317

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Web page: http://www.elsevier.com/locate/inca/505569

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Eyckmans, Johan & Proost, Stef & Schokkaert, Erik, 1993. "Efficiency and Distribution in Greenhouse Negotiations," Kyklos, Blackwell Publishing, vol. 46(3), pages 363-97.
  2. Larson, Bruce A. & Tobey, James A., 1994. "Uncertain climate change and the international policy response," Ecological Economics, Elsevier, vol. 11(1), pages 77-84, September. [Downloadable!] (restricted)
  3. Nordhaus, William D, 1991. "To Slow or Not to Slow: The Economics of the Greenhouse Effect," Economic Journal, Royal Economic Society, vol. 101(407), pages 920-37, July. [Downloadable!] (restricted)
  4. Fankhauser, S. & Kverndokk, S., 1992. "The Global Warming Game - Simulations of a CO2 Reduction Agreement," Memorandum 13/1992, Oslo University, Department of Economics.
    Other versions:
  5. Tsur, Yacov & Zemel, Amos, 1996. "Accounting for global warming risks: Resource management under event uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 20(6-7), pages 1289-1305. [Downloadable!] (restricted)
  6. Schelling, Thomas C, 1992. "Some Economics of Global Warming," American Economic Review, American Economic Association, vol. 82(1), pages 1-14, March.
  7. Christiansen, Vidar & Jansen, Eilev S., 1978. "Implicit social preferences in the Norwegian system of indirect taxation," Journal of Public Economics, Elsevier, vol. 10(2), pages 217-245, October. [Downloadable!] (restricted)
  8. Stephen C Peck & Thomas J. Teisberg, 1992. "CETA: A Model for Carbon Emissions Trajectory Assessment," The Energy Journal, International Association for Energy Economics, vol. 13(1), pages 55-78.
  9. Jean-Marc Burniaux & John P. Martin & Giuseppe Nicoletti & Joaquim Oliveira Martins, 1992. "The Costs of Reducing CO2 Emissions: A Technical Manual," OECD Economics Department Working Papers 115, OECD, Economics Department. [Downloadable!]
  10. Jean-Marc Burniaux & John P. Martin & Giuseppe Nicoletti & Joaquim Oliveira Martins, 1992. "GREEN a Multi-Sector, Multi-Region General Equilibrium Model for Quantifying the Costs of Curbing CO2 Emissions: A Technical Manual," OECD Economics Department Working Papers 116, OECD, Economics Department. [Downloadable!]
  11. Asbjørn Torvanger, 1997. "Uncertain climate change in an intergenerational planning model," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 9(1), pages 103-124, January. [Downloadable!] (restricted)
  12. Kiefer, Nicholas M, 1988. "Economic Duration Data and Hazard Functions," Journal of Economic Literature, American Economic Association, vol. 26(2), pages 646-79, June. [Downloadable!] (restricted)
  13. Clarke, Harry R. & Reed, William J., 1994. "Consumption/pollution tradeoffs in an environment vulnerable to pollution-related catastrophic collapse," Journal of Economic Dynamics and Control, Elsevier, vol. 18(5), pages 991-1010, September. [Downloadable!] (restricted)
  14. Cropper, M. L., 1976. "Regulating activities with catastrophic environmental effects," Journal of Environmental Economics and Management, Elsevier, vol. 3(1), pages 1-15, June. [Downloadable!] (restricted)
  15. Oleg Eismont & Heinz Welsch, 1996. "Optimal greenhouse gas emissions under various assessments of climate change ambiguity," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 8(2), pages 129-140, September. [Downloadable!] (restricted)
  16. Peck, Stephen C. & Teisberg, Thomas J., 1993. "CO2 emissions control : Comparing policy instruments," Energy Policy, Elsevier, vol. 21(3), pages 222-230, March. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Laurent Gilotte & Michel de Lara, 2005. "Precautionary Effect and Variations of the Value of Information," Working Papers 2005.28, Fondazione Eni Enrico Mattei. [Downloadable!]
  2. Ranjan, Ram & Lubowski, Ruben N., 2004. "A Model Of Producer Incentives For Livestock Disease Management," 2004 Annual meeting, August 1-4, Denver, CO 20146, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    Other versions:
  3. Jon Gjerde & Sverre Grepperud & Snorre Kverndokk, 2005. "On adaptation and the demand for health," Applied Economics, Taylor and Francis Journals, vol. 37(11), pages 1283-1301, June. [Downloadable!] (restricted)
  4. Christian Azar, 1998. "Are Optimal CO2 Emissions Really Optimal?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 11(3), pages 301-315, April. [Downloadable!] (restricted)
  5. Ranjan, Ram & Shortle, James & Marshall, Liz, 2003. "The Relevance and Implications of the Environmental Kuznets Curve Under Stock Effects and Non-Linearities: A Hysteresis Based Approach," 2003 Annual meeting, July 27-30, Montreal, Canada 22147, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  6. Richard S.J. Tol & Samuel Fankhauser & Richard G. Richels & Joel B. Smith, 2000. "How Much Damage Will Climate Change Do? Recent Estimates," Working Papers FNU-2, Research unit Sustainability and Global Change, Hamburg University, revised Sep 2000. [Downloadable!]
  7. Chakravorty, Ujjayant & Magne, Bertrand & Moreaux, Michel, 2003. "From Coal to Clean Energy : Hotelling with a Limit on the Stock of Externalities," IDEI Working Papers 229, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
    Other versions:
  8. Wietze Lise & Richard S.J. Tol, 2000. "Impact of Climate on Tourist Demand," Working Papers FNU-1, Research unit Sustainability and Global Change, Hamburg University, revised Aug 2000. [Downloadable!]
  9. Ram Ranjan, 2008. "The future of global warming: will it be emissions control or environmental damages?," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 13(4), pages 401-418, May. [Downloadable!] (restricted)
  10. Yusuf Kavuncu & Shawn Knabb, 2001. "An Intergenerational Cost-Benefit Analysis of Climate Change," University of California at Santa Barbara, Economics Working Paper Series wp6-01, Department of Economics, UC Santa Barbara. [Downloadable!]
  11. Richard S.J. Tol & Thomas E. Downing & Samuel Fankhauser & Richard G. Richels & Joel B. Smith, 2001. "Progress In Estimating The Marginal Costs Of Greenhouse Gas Emissions," Working Papers FNU-4, Research unit Sustainability and Global Change, Hamburg University, revised Jan 2001. [Downloadable!]
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