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Martin L. Weitzman

(deceased)

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Cohen, Jon S. & Weitzman, Martin L., 1975. "A Marxian model of enclosures," Journal of Development Economics, Elsevier, vol. 1(4), pages 287-336, November.

    Mentioned in:

    1. Yale. Undergraduate Economic History of Europe. Cohen, 1972
      by Irwin Collier in Economics in the Rear-View Mirror on 2019-05-15 21:04:08
  2. Weitzman, Martin L., 1998. "Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate," Journal of Environmental Economics and Management, Elsevier, vol. 36(3), pages 201-208, November.

    Mentioned in:

    1. 224 – Torturing ourselves over discounting
      by David Pannell in Pannell Discussions on 2012-09-16 18:07:43
    2. 328 – Weitzman discounting
      by David Pannell in Pannell Discussions on 2019-10-07 15:08:25
  3. Richard S. J. Tol & Kenneth J. Arrow & Maureen L. Cropper & Christian Gollier & Ben Groom & Geoffrey M. Heal & Richard G. Newell & William D. Nordhaus & Robert S. Pindyck & William A. Pizer & Paul R. , 2013. "How Should Benefits and Costs Be Discounted in an Intergenerational Context?," Working Paper Series 5613, Department of Economics, University of Sussex Business School.

    Mentioned in:

    1. Discounting for future generations: the consensus?
      by Economic Logician in Economic Logic on 2013-02-20 21:45:00
    2. How Should Benefits and Costs Be Discounted in an Intergenerational Context?
      by David Stern in Stochastic Trend on 2013-02-05 10:44:00
  4. Gollier, Christian & Weitzman, Martin L., 2009. "How Should the Distant Future be Discounted When Discount Rates are Uncertain?," IDEI Working Papers 588, Institut d'Économie Industrielle (IDEI), Toulouse.

    Mentioned in:

    1. Discouting with uncertain discount rates
      by Economic Logician in Economic Logic on 2010-02-04 21:12:00
  5. Martin L. Weitzman, 2014. "Fat Tails and the Social Cost of Carbon," American Economic Review, American Economic Association, vol. 104(5), pages 544-546, May.

    Mentioned in:

    1. Climate Finance
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2021-05-31 11:38:10
  6. Author Profile
    1. Premio Nobel de Economía 2009: ¡Hagan sus apuestas!
      by jorpppp in Economía en la Panadería on 2009-10-09 09:08:00
    2. The 1993 Econ Ph.D. Cohort
      by Matthew Kahn in Environmental and Urban Economics on 2015-12-04 09:31:00
    3. Ranking Economists as of December 2015
      by Matthew Kahn in Environmental and Urban Economics on 2016-01-07 22:27:00
    4. REPEC Peers Over the Last 10 Years
      by Matthew Kahn in Environmental and Urban Economics on 2016-03-04 02:36:00
    5. Room for Improvement
      by Matthew Kahn in Environmental and Urban Economics on 2018-11-08 22:59:00
    6. Paddy Morris on the economics of climate change
      by Richard Tol in The Irish Economy on 2010-10-11 21:32:09

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Gollier, Christian & Weitzman, Martin L., 2010. "How should the distant future be discounted when discount rates are uncertain?," Economics Letters, Elsevier, vol. 107(3), pages 350-353, June.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Climate economics > Discounting
  2. Martin L. Weitzman, 1974. "Prices vs. Quantities," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(4), pages 477-491.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Climate economics > Policy instruments
    2. > Environmental and Natural Resource Economics > Environmental Economics > Policy instruments
  3. Weitzman, Martin L., 2002. "Landing Fees vs Harvest Quotas with Uncertain Fish Stocks," Journal of Environmental Economics and Management, Elsevier, vol. 43(2), pages 325-338, March.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Resource Economics > Fisheries economics
  4. M. L. Weitzman, 1973. "Prices vs. Quantities," Working papers 106, Massachusetts Institute of Technology (MIT), Department of Economics.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Climate economics > Policy instruments
    2. > Environmental and Natural Resource Economics > Environmental Economics > Policy instruments
  5. Martin L. Weitzman, 2001. "Gamma Discounting," American Economic Review, American Economic Association, vol. 91(1), pages 260-271, March.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Climate economics > Discounting
  6. Martin L. Weitzman, 1976. "On the Welfare Significance of National Product in a Dynamic Economy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(1), pages 156-162.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Environmental Economics
  7. Martin L. Weitzman, 2009. "On Modeling and Interpreting the Economics of Catastrophic Climate Change," The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 1-19, February.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Climate economics
    2. > Environmental and Natural Resource Economics > Climate economics > Uncertainty
  8. Martin L. Weitzman, 2013. "Tail-Hedge Discounting and the Social Cost of Carbon," Journal of Economic Literature, American Economic Association, vol. 51(3), pages 873-882, September.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Climate economics > Impacts of climate change > Social cost of carbon
  9. Kenneth J. Arrow & Maureen L. Cropper & Christian Gollier & Ben Groom & Geoffrey M. Heal & Richard G. Newell & William D. Nordhaus & Robert S. Pindyck & William A. Pizer & Paul R. Portney & Thomas Ste, 2014. "Editor's Choice Should Governments Use a Declining Discount Rate in Project Analysis?," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(2), pages 145-163.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Climate economics > Discounting

Working papers

  1. Martin L. Weitzman & Bjart J. Holtsmark, 2018. "On the Effects of Linking Voluntary Cap-and-Trade Systems for CO2 Emissions," CESifo Working Paper Series 7225, CESifo.

    Cited by:

    1. Holtsmark, Katinka & Midttømme, Kristoffer, 2015. "The Dynamics of Linking Permit Markets," Memorandum 02/2015, Oslo University, Department of Economics.

  2. Martin L. Weitzman, 2018. "Prices or Quantities Dominate Banking and Borrowing," NBER Working Papers 24218, National Bureau of Economic Research, Inc.

    Cited by:

    1. Wang, Banban & Pizer, William A. & Munnings, Clayton, 2022. "Price limits in a tradable performance standard," Journal of Environmental Economics and Management, Elsevier, vol. 116(C).
    2. Olli-Pekka Kuusela & Jussi Lintunen, 2020. "A Cap-and-Trade Commitment Policy with Allowance Banking," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(3), pages 421-455, March.
    3. Garth Heutel, 2018. "Bankable Prices," NBER Working Papers 25235, National Bureau of Economic Research, Inc.
    4. John Bennett, 2022. "Rationed price controls and “prices versus quantities”," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(6), pages 1364-1385, December.
    5. Schaufele, Brandon, 2019. "Demand Shocks Change the Excess Burden From Carbon Taxes," MPRA Paper 92132, University Library of Munich, Germany.
    6. Simon Quemin & Raphael Trotignon, 2018. "Competitive Permit Storage and Market Design: An Application to the EU-ETS," Working Papers 2018.19, FAERE - French Association of Environmental and Resource Economists.
    7. Reyer Gerlagh & Roweno J.R.K. Heijmans, 2018. "Regulating Stock Externalities," CESifo Working Paper Series 7383, CESifo.
    8. Svenn Jensen & Christian P. Traeger & Christian Träger, 2021. "Pricing Climate Risk," CESifo Working Paper Series 9196, CESifo.
    9. Tang, Bao-Jun & Wang, Xiang-Yu & Wei, Yi-Ming, 2019. "Quantities versus prices for best social welfare in carbon reduction: A literature review," Applied Energy, Elsevier, vol. 233, pages 554-564.
    10. Reyer Gerlagh & Roweno J.R.K. Wan, 2018. "Optimal Stabilization in an Emission Permits Market," CESifo Working Paper Series 6950, CESifo.

  3. Martin L. Weitzman, 2016. "How a Minimum Carbon Price Commitment Might Help to Internalize the Global Warming Externality," NBER Working Papers 22197, National Bureau of Economic Research, Inc.

    Cited by:

    1. Suphi Sen & Herman R. J. Vollebergh, 2016. "The Effectiveness of Taxing Carbon Content of Energy Consumption," CESifo Working Paper Series 6003, CESifo.

  4. Martin L. Weitzman, 2016. "Some Theoretical Connections Among Wealth, Income, Sustainability, and Accounting," NBER Working Papers 22060, National Bureau of Economic Research, Inc.

    Cited by:

    1. Eli P Fenichel & Yukiko Hashida, 2019. "Choices and the value of natural capital," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 35(1), pages 120-137.
    2. Fangzhi Wang & Hua Liao & Richard S. J. Tol, 2023. "Baumol's Climate Disease," Papers 2312.00160, arXiv.org.
    3. Sugiawan, Yogi & Managi, Shunsuke, 2019. "New evidence of energy-growth nexus from inclusive wealth," Renewable and Sustainable Energy Reviews, Elsevier, vol. 103(C), pages 40-48.

  5. Martin Weitzman, 2016. "On a World Climate Assembly and the Social Cost of Carbon," NBER Working Papers 22813, National Bureau of Economic Research, Inc.

    Cited by:

    1. Edenhofer Ottmar & Kalkuhl Matthias & Ockenfels Axel, 2020. "Das Klimaschutzprogramm der Bundesregierung: Eine Wende der deutschen Klimapolitik?," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 21(1), pages 4-18, April.
    2. Bergquist, Ann-Kristin & Cole, Shawn A. & Ehrenfeld, John & King, Andrew A. & Schendler, Auden, 2019. "Understanding and Overcoming Roadblocks to Environmental Sustainability: Past Roads and Future Prospects," Business History Review, Cambridge University Press, vol. 93(1), pages 127-148, April.
    3. Schmidt, Klaus M., 2021. "Das Design von Klimaschutzverhandlungen," Rationality and Competition Discussion Paper Series 270, CRC TRR 190 Rationality and Competition.
    4. Stavins, Robert N., 2019. "The Future of U.S. Carbon-Pricing Policy: Normative Assessment and Positive Prognosis," Working Paper Series rwp19-017, Harvard University, John F. Kennedy School of Government.
    5. Thomas Sterner & Richard T. Carson & E. Somanathan & Dale Whittington & Jorge Bonilla & Haileselassie et al. Medhin, 2020. "Funding Inclusive Green Transition through Greenhouse Gas Pricing," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 18(01), pages 03-08, April.
    6. Kuriyama, Akihisa & Abe, Naoya, 2018. "Ex-post assessment of the Kyoto Protocol – quantification of CO2 mitigation impact in both Annex B and non-Annex B countries-," Applied Energy, Elsevier, vol. 220(C), pages 286-295.

  6. Martin L. Weitzman, 2015. "Voting on Prices vs. Voting on Quantities in a World Climate Assembly," NBER Working Papers 20925, National Bureau of Economic Research, Inc.

    Cited by:

    1. Candelon, Bertrand & Hasse, Jean-Baptiste, 2023. "Testing for causality between climate policies and carbon emissions reduction," Finance Research Letters, Elsevier, vol. 55(PA).
    2. Mireille Chiroleu-Assouline & Mouez Fodha, 2023. "Debt, tax and environmental policy [Dette, taxe et politique environnementale]," PSE-Ecole d'économie de Paris (Postprint) halshs-04181981, HAL.
    3. Barbara Annicchiarico & Stefano Carattini & Carolyn Fischer & Garth Heutel, 2021. "Business Cycles and Environmental Policy: A Primer," NBER Chapters, in: Environmental and Energy Policy and the Economy, volume 3, pages 221-253, National Bureau of Economic Research, Inc.
    4. Garth Heutel, 2018. "Bankable Prices," NBER Working Papers 25235, National Bureau of Economic Research, Inc.
    5. Samin Shaaban-Nejad & Farid Shirazi, 2022. "ICT and Environmental Sustainability: A Comparative Study," Sustainability, MDPI, vol. 14(14), pages 1-24, July.
    6. Hammerle, Mara & Best, Rohan & Crosby, Paul, 2021. "Public acceptance of carbon taxes in Australia," Energy Economics, Elsevier, vol. 101(C).
    7. Mireille Chiroleu-Assouline, 2022. "Rendre acceptable la nécessaire taxation du carbone - Quelles pistes pour la France ?," PSE-Ecole d'économie de Paris (Postprint) halshs-03757114, HAL.
    8. Jobst Heitzig & Sarah Hiller, 2020. "Degrees of individual and groupwise backward and forward responsibility in extensive-form games with ambiguity, and their application to social choice problems," Papers 2007.07352, arXiv.org.
    9. Matthew J. Kotchen, 2016. "Which Social Cost of Carbon? A Theoretical Perspective," NBER Working Papers 22246, National Bureau of Economic Research, Inc.
    10. Luigi De Paoli, 2015. "The fight against climate change: some proposals for action for Italy in Europe," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2015(1), pages 9-27.
    11. Martin Weitzman, 2016. "On a World Climate Assembly and the Social Cost of Carbon," NBER Working Papers 22813, National Bureau of Economic Research, Inc.
    12. Markus Schlott & Omar El Sayed & Mariia Bilousova & Fabian Hofmann & Alexander Kies & Horst Stocker, 2021. "Carbon Leakage in a European Power System with Inhomogeneous Carbon Prices," Papers 2105.05669, arXiv.org.
    13. Atalla, Tarek & Bigerna, Simona & Bollino, Carlo Andrea & Polinori, Paolo, 2018. "An alternative assessment of global climate policies," Journal of Policy Modeling, Elsevier, vol. 40(6), pages 1272-1289.
    14. Stefano Carattini & Maria Carvalho & Sam Fankhauser, 2018. "Overcoming public resistance to carbon taxes," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 9(5), September.
    15. Stefano Carattini & Giseong Kim & Givi Melkadze & Aude Pommeret, 2023. "Carbon Taxes and Tariffs, Financial Frictions, and International Spillovers," CESifo Working Paper Series 10851, CESifo.
    16. Umit, Resul & Schaffer, Lena Maria, 2020. "Attitudes towards carbon taxes across Europe: The role of perceived uncertainty and self-interest," Energy Policy, Elsevier, vol. 140(C).
    17. Etro, Federico, 2017. "Research in economics and game theory. A 70th anniversary," Research in Economics, Elsevier, vol. 71(1), pages 1-7.
    18. Christian Gollier and Jean Tirole, 2015. "Negotiating effective institutions against climate change," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).

  7. Weitzman, Martin L., 2015. "A Voting Architecture for the Governance of Free-Driver Externalities, with Application to Geoengineering," Scholarly Articles 17368469, Harvard University Department of Economics.

    Cited by:

    1. Acemoglu, Daron & Rafey, Will, 2023. "Mirage on the horizon: Geoengineering and carbon taxation without commitment," Journal of Public Economics, Elsevier, vol. 219(C).
    2. Heyen, Daniel, 2015. "Strategic Conflicts on the Horizon: R&D Incentives for Environmental Technologies," Working Papers 0584, University of Heidelberg, Department of Economics.
    3. Richard S.J. Tol, 2016. "Distributional Implications of Geoengineering," Working Paper Series 08316, Department of Economics, University of Sussex Business School.
    4. Elnaz Roshan & Mohammad M. Khabbazan & Hermann Held, 2019. "Cost-Risk Trade-Off of Mitigation and Solar Geoengineering: Considering Regional Disparities Under Probabilistic Climate Sensitivity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(1), pages 263-279, January.
    5. Michael Finus & Francesco Furini, 2022. "Global Climate Governance in the Light of Geoengineering: A Shot in the Dark?," Graz Economics Papers 2022-02, University of Graz, Department of Economics.
    6. Daniel Heyen, 2016. "Strategic Conflicts On The Horizon: R&D Incentives For Environmental Technologies," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 7(04), pages 1-27, November.
    7. Fabien Prieur & Ingmar Schumacher & Martin Quaas, 2019. "Mitigation strategies under the threat of solar radiation management," Working Papers hal-04141891, HAL.
    8. Daniel Heyen & Thilo Wiertz & Peter Irvine, 2015. "Regional disparities in SRM impacts: the challenge of diverging preferences," Climatic Change, Springer, vol. 133(4), pages 557-563, December.
    9. Farrer, Benjamin & Holahan, Robert & Shvetsova, Olga, 2017. "Accounting for heterogeneous private risks in the provision of collective goods: Controversial compulsory contracting institutions in horizontal hydrofracturing," Journal of Economic Behavior & Organization, Elsevier, vol. 133(C), pages 138-150.
    10. Emmerling, Johannes & Tavoni, Massimo, 2017. "Quantifying Non-cooperative Climate Engineering," MITP: Mitigation, Innovation and Transformation Pathways 266289, Fondazione Eni Enrico Mattei (FEEM).
    11. Markus Eigruber & Franz Wirl, 2018. "Climate Engineering in an Interconnected World: The Role of Tariffs," Dynamic Games and Applications, Springer, vol. 8(3), pages 573-587, September.
    12. Heyen, Daniel & Horton, Joshua & Moreno-Cruz, Juan, 2019. "Strategic implications of counter-geoengineering: clash or cooperation?," LSE Research Online Documents on Economics 100424, London School of Economics and Political Science, LSE Library.
    13. Vasiliki Manousi & Anastasios Xepapadeas, 2013. "Mitigation and Solar Radiation Management in Climate Change Policies," DEOS Working Papers 1323, Athens University of Economics and Business.
    14. Andrews, Talbot M. & Delton, Andrew W. & Kline, Reuben, 2022. "Anticipating moral hazard undermines climate mitigation in an experimental geoengineering game," Ecological Economics, Elsevier, vol. 196(C).
    15. Todd Sandler, 2018. "Collective action and geoengineering," The Review of International Organizations, Springer, vol. 13(1), pages 105-125, March.
    16. Manoussi, Vassiliki & Xepapadeas, Anastasios & Emmerling, Johannes, 2018. "Climate engineering under deep uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 94(C), pages 207-224.
    17. Niklas V. Lehmann, 2022. "Exploring the stability of solar geoengineering agreements," Papers 2210.09145, arXiv.org, revised May 2023.
    18. Heutel, Garth & Moreno-Cruz, Juan & Shayegh, Soheil, 2018. "Solar geoengineering, uncertainty, and the price of carbon," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 24-41.
    19. Pfrommer, Tobias, 2018. "A Model of Solar Radiation Management Liability," Working Papers 0644, University of Heidelberg, Department of Economics.
    20. Garth Heutel & Juan Moreno-Cruz & Katharine Ricke, 2016. "Climate Engineering Economics," Annual Review of Resource Economics, Annual Reviews, vol. 8(1), pages 99-118, October.
    21. Rickels, Wilfried & Quaas, Martin F. & Ricke, Katharine & Quaas, Johannes & Moreno-Cruz, Juan & Smulders, Sjak, 2020. "Who turns the global thermostat and by how much?," Energy Economics, Elsevier, vol. 91(C).
    22. Costello, Christopher & Quérou, Nicolas & Tomini, Agnes, 2017. "Private eradication of mobile public bads," European Economic Review, Elsevier, vol. 94(C), pages 23-44.
    23. Nkuiya, Bruno, 2015. "Transboundary pollution game with potential shift in damages," Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 1-14.
    24. Scott Barrett, 2014. "Solar Geoengineering’s Brave New World: Thoughts on the Governance of an Unprecedented Technology," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(2), pages 249-269.
    25. Juan Moreno-Cruz & Anthony Harding, 2022. "A Unifying Theory of Foreign Intervention in Domestic Climate Policy," CESifo Working Paper Series 10172, CESifo.
    26. Moreno-Cruz, Juan B. & Smulders, Sjak, 2017. "Revisiting the economics of climate change: the role of geoengineering," Research in Economics, Elsevier, vol. 71(2), pages 212-224.
    27. Ahlvik, Lassi & Iho, Antti, 2018. "Optimal geoengineering experiments," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 148-168.
    28. Adrien Fabre & Gernot Wagner, 2020. "Availability of risky geoengineering can make an ambitious climate mitigation agreement more likely," Palgrave Communications, Palgrave Macmillan, vol. 7(1), pages 1-4, December.
    29. Antoci, Angelo & Borghesi, Simone & Galeotti, Marcello & Russu, Paolo, 2022. "Maladaptation to environmental degradation and the interplay between negative and positive externalities," European Economic Review, Elsevier, vol. 143(C).
    30. Moreno-Cruz, Juan B., 2015. "Mitigation and the geoengineering threat," Resource and Energy Economics, Elsevier, vol. 41(C), pages 248-263.
    31. Louis-Gaëtan Giraudet & Céline Guivarch, 2018. "Asymmetric impacts and over-provision of public goods," Working Papers hal-01960318, HAL.
    32. Pfrommer, Tobias, 2018. "Diverging Regional Climate Preferences and the Assessment of Solar Geoengineering," Working Papers 0654, University of Heidelberg, Department of Economics.
    33. Ryo Moriyama & Masahiro Sugiyama & Atsushi Kurosawa & Kooiti Masuda & Kazuhiro Tsuzuki & Yuki Ishimoto, 2017. "The cost of stratospheric climate engineering revisited," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 22(8), pages 1207-1228, December.
    34. Irina Bakalova & Mariia Belaia, 2023. "Stability of Efficient International Agreements on Solar Geoengineering," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 86(3), pages 673-712, November.
    35. Muhammet A. Bas & Aseem Mahajan, 2020. "Contesting the climate," Climatic Change, Springer, vol. 162(4), pages 1985-2002, October.

  8. Weitzman, Martin L., 2014. "Can Negotiating a Uniform Carbon Price Help to Internalize the Global Warming Externality?," Scholarly Articles 12992321, Harvard University Department of Economics.

    Cited by:

    1. Edenhofer Ottmar & Kalkuhl Matthias & Ockenfels Axel, 2020. "Das Klimaschutzprogramm der Bundesregierung: Eine Wende der deutschen Klimapolitik?," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 21(1), pages 4-18, April.
    2. Sigit Perdana & Rod Tyers, 2018. "Global climate change mitigation: Strategic incentives," CAMA Working Papers 2018-10, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    3. François Cohen; Giulia Valacchi, 2020. "The Heterogeneous Impact of Coal Prices on the Location of Cleaner and Dirtier Steel Plants," CIES Research Paper series 65-2020, Centre for International Environmental Studies, The Graduate Institute.
    4. Hitoshi Matsushima, 2022. "Free-Rider Problem and Sovereignty Protection," CIRJE F-Series CIRJE-F-1185, CIRJE, Faculty of Economics, University of Tokyo.
    5. Yang, Yuting, 2022. "Electricity interconnection with intermittent renewables," Journal of Environmental Economics and Management, Elsevier, vol. 113(C).
    6. Mireille Chiroleu-Assouline & Mouez Fodha, 2023. "Debt, tax and environmental policy [Dette, taxe et politique environnementale]," PSE-Ecole d'économie de Paris (Postprint) halshs-04181981, HAL.
    7. Rao, Akhil & Burgess, Matthew & Kaffine, Daniel, 2020. "Orbital-use fees could more than quadruple the value of the space industry," MPRA Paper 112708, University Library of Munich, Germany.
    8. Barbara Annicchiarico & Stefano Carattini & Carolyn Fischer & Garth Heutel, 2021. "Business Cycles and Environmental Policy: A Primer," NBER Chapters, in: Environmental and Energy Policy and the Economy, volume 3, pages 221-253, National Bureau of Economic Research, Inc.
    9. Hajime Takatsuka, 2020. "Uniform emission taxes, abatement, and spatial disparities," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(4), pages 1133-1166, October.
    10. William Brock & Anastasios Xepapadeas, 2015. "Modeling Coupled Climate, Ecosystems, and Economic Systems," DEOS Working Papers 1508, Athens University of Economics and Business.
    11. van der Ploeg, Frederick, 2016. "Second-best carbon taxation in the global economy: The Green Paradox and carbon leakage revisited," Journal of Environmental Economics and Management, Elsevier, vol. 78(C), pages 85-105.
    12. Costello, Christopher & Molina, Renato, 2021. "Transboundary marine protected areas," Resource and Energy Economics, Elsevier, vol. 65(C).
    13. Gersbach, Hans & Riekhof, Marie-Catherine, 2021. "Permit markets, carbon prices and the creation of innovation clusters," Resource and Energy Economics, Elsevier, vol. 65(C).
    14. Fouquet, Roger & O’Garra, Tanya, 2022. "In pursuit of progressive and effective climate policies: comparing an air travel carbon tax and a frequent flyer levy," LSE Research Online Documents on Economics 116689, London School of Economics and Political Science, LSE Library.
    15. Weitzman, Martin L., 2017. "Voting on prices vs. voting on quantities in a World Climate Assembly," Research in Economics, Elsevier, vol. 71(2), pages 199-211.
    16. McEvoy, David M. & McGinty, Matthew, 2018. "Negotiating a uniform emissions tax in international environmental agreements," Journal of Environmental Economics and Management, Elsevier, vol. 90(C), pages 217-231.
    17. Newbery, D. & Reiner, D. & Ritz, R., 2018. "When is a carbon price floor desirable?," Cambridge Working Papers in Economics 1833, Faculty of Economics, University of Cambridge.
    18. Lucas Bretschger, 2018. "Greening Economy, Graying Society," CER-ETH Press, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich, edition 2, number 18-001.
    19. Ewald, Jens & Sterner, Thomas & Sterner, Erik, 2021. "Understanding the Resistance to Carbon Taxes: A Case Study of Sweden," RFF Working Paper Series 21-18, Resources for the Future.
    20. Martin L. Weitzman, 2015. "Internalizing the Climate Externality: Can a Uniform Price Commitment Help?," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
    21. Francesco Bosello & Ramiro Parrado, 2014. "Climate Change Impacts and Market Driven Adaptation: the Costs of Inaction Including Market Rigidities," Working Papers 2014.64, Fondazione Eni Enrico Mattei.
    22. Buchholz Wolfgang & Heindl Peter, 2015. "Ökonomische Herausforderungen des Klimawandels," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(4), pages 324-350, December.
    23. Niko Korpar & Mario Larch & Roman Stöllinger, 2022. "Comparing Scenarios for a European Carbon Border Adjustment Mechanism: Trade, FDI and Welfare Effects with a Focus on the Austrian Economy," wiiw Research Reports 460, The Vienna Institute for International Economic Studies, wiiw.
    24. Stefano Carattini & Suphi Sen, 2019. "Carbon Taxes and Stranded Assets: Evidence from Washington State," CESifo Working Paper Series 7785, CESifo.
    25. Forin, Silvia & Radebach, Alexander & Steckel, Jan Christoph & Ward, Hauke, 2018. "The effect of industry delocalization on global energy use: A global sectoral perspective," Energy Economics, Elsevier, vol. 70(C), pages 233-243.
    26. Borissov, Kirill & Brausmann, Alexandra & Bretschger, Lucas, 2019. "Carbon pricing, technology transition, and skill-based development," European Economic Review, Elsevier, vol. 118(C), pages 252-269.
    27. Lucas Bretschger, 2016. "Is the Environment Compatible with Growth? Adopting an Integrated Framework," CER-ETH Economics working paper series 16/260, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    28. Mao, Liang, 2020. "Designing international environmental agreements under participation uncertainty," Resource and Energy Economics, Elsevier, vol. 61(C).
    29. Hammerle, Mara & Best, Rohan & Crosby, Paul, 2021. "Public acceptance of carbon taxes in Australia," Energy Economics, Elsevier, vol. 101(C).
    30. Grzegorz Peszko & Dominique van der Mensbrugghe & Alexander Golub & John Ward & Dimitri Zenghelis & Cor Marijs & Anne Schopp & John A. Rogers & Amelia Midgley, 2020. "Diversification and Cooperation in a Decarbonizing World," World Bank Publications - Books, The World Bank Group, number 34011, December.
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    3. Richard S.J. Tol, 2018. "The impact of climate change and the social cost of carbon," Working Paper Series 1318, Department of Economics, University of Sussex Business School.
    4. Bård Harstad, 2018. "Pledge-and-Review Bargaining," CESifo Working Paper Series 7296, CESifo.
    5. David Anthoff & Richard S. J. Tol, 2021. "Testing the Dismal Theorem," CESifo Working Paper Series 8939, CESifo.
    6. Peng, Ling & Kloeden, Peter E., 2021. "Time-consistent portfolio optimization," European Journal of Operational Research, Elsevier, vol. 288(1), pages 183-193.
    7. Mark C. Freeman & Gernot Wagner & Richard J. Zeckhauser, 2015. "Climate Sensitivity Uncertainty: When is Good News Bad?," NBER Working Papers 20900, National Bureau of Economic Research, Inc.
    8. Rick Van der Ploeg & Armon Rezai, 2018. "Simple Rules For Climate Policy And Integrated Assessment," OxCarre Working Papers 213, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
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    12. Yew-Kwang Ng, 2016. "The Importance of Global Extinction in Climate Change Policy," Global Policy, London School of Economics and Political Science, vol. 7(3), pages 315-322, September.
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    43. Rafał Buła & Monika Foltyn-Zarychta, 2022. "Declining Discount Rates for Energy Policy Investments in CEE EU Member Countries," Energies, MDPI, vol. 16(1), pages 1-27, December.
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    47. Rennert, Kevin & Prest, Brian C. & Pizer, William & Newell, Richard G. & Anthoff, David & Kingdon, Cora & Rennels, Lisa & Cooke, Roger & Raftery, Adrian E. & Ševčíková, Hana & Errickson, Frank, 2021. "The Social Cost of Carbon: Advances in Long-Term Probabilistic Projections of Population, GDP, Emissions, and Discount Rates," RFF Working Paper Series 21-28, Resources for the Future.
    48. Alexey Komzolov & Tatiana Kirichenko & Olga Kirichenko & Yulia Nazarova & Natalya Shcherbakova, 2021. "The Problem of Determining Discount Rate for Integrated Investment Projects in the Oil and Gas Industry," Mathematics, MDPI, vol. 9(24), pages 1-13, December.
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    52. Marshall Burke & Melanie Craxton & Charles D. Kolstad & Chikara Onda, 2016. "Some Research Challenges In The Economics Of Climate Change," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 7(02), pages 1-14, May.
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    55. Xie, Yang & Zilberman, David, 2014. "The Economics of Water Project Capacities under Optimal Water Inventory Management," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt6c24636b, Department of Agricultural & Resource Economics, UC Berkeley.
    56. Lloyd-Smith, Patrick & Adamowicz, Wiktor & Entem, Alicia & Fenichel, Eli P. & Rouhi Rad, Mani, 2021. "The decade after tomorrow: Estimation of discount rates from realistic temporal decisions over long time horizons," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 158-174.
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    61. William Brock & Anastasios Xepapadeas, 2016. "Climate Change Policy under Spatial Heat Transport and Polar Amplification," DEOS Working Papers 1604, Athens University of Economics and Business.
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    81. Fraschini, Filippo & Hunt, Alistair & Zoboli, Roberto, 2022. "Decision tools for adaptation to climate change: Portfolio analysis of tea plantation investments in Rwanda," Ecological Economics, Elsevier, vol. 200(C).
    82. Stephen J. DeCanio & Charles F. Manski & Alan H. Sanstad, 2022. "Minimax-Regret Climate Policy with Deep Uncertainty in Climate Modeling and Intergenerational Discounting," NBER Working Papers 29716, National Bureau of Economic Research, Inc.
    83. Pizer, William & Li, Qingran, 2019. "Discounting for Public Cost–Benefit Analysis," RFF Working Paper Series 19-02, Resources for the Future.
    84. Monika Foltyn-Zarychta & Rafał Buła & Krystian Pera, 2021. "Discounting for Energy Transition Policies—Estimation of the Social Discount Rate for Poland," Energies, MDPI, vol. 14(3), pages 1-21, January.
    85. Roman Inderst & Eftichios Sartzetakis & Anastasios Xepapadeas, 2021. "Technical Report on Sustainability and Competition," DEOS Working Papers 2103, Athens University of Economics and Business.
    86. Yamaguchi, Rintaro & Shah, Payal, 2020. "Spatial discounting of ecosystem services," Resource and Energy Economics, Elsevier, vol. 62(C).
    87. Penyalver, Domingo & Turró, Mateu & Zavala-Rojas, Diana, 2018. "Intergenerational perception of the utility of major transport projects," Research in Transportation Economics, Elsevier, vol. 70(C), pages 97-111.
    88. Lanlan Luo & Shou Chen & Ziran Zou, 2020. "Determining the Generalized Discount Rate for Risky Projects," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(1), pages 143-158, September.
    89. Asheim, Geir B. & Hartwick, John M. & Yamaguchi, Rintaro, 2023. "Sustainable per capita consumption under population growth," Resource and Energy Economics, Elsevier, vol. 73(C).
    90. Flowers, Mallory E. & Smith, Matthew K. & Parsekian, Ara W. & Boyuk, Dmitriy S. & McGrath, Jenna K. & Yates, Luke, 2016. "Climate impacts on the cost of solar energy," Energy Policy, Elsevier, vol. 94(C), pages 264-273.
    91. Anna M. Dugan & Timo Trimborn, 2020. "The Optimal Extraction of Non-Renewable Resources under Hyperbolic Discounting," Economics Working Papers 2020-17, Department of Economics and Business Economics, Aarhus University.
    92. David Ceballos Hornero & Samuel Mongrut Montalván, 2021. "The Entrepreneurial Social Discount Rate: Risk Premium and Loss Aversion in New Ventures," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 16(4), pages 1-24, Octubre -.
    93. Szekeres, Szabolcs, 2015. "Governments Should Not Use Declining Discount Rates in Project Analysis," MPRA Paper 63438, University Library of Munich, Germany.

  10. Weitzman, Martin L., 2014. "Fat Tails and the Social Cost of Carbon," Scholarly Articles 12992320, Harvard University Department of Economics.

    Cited by:

    1. Christian Walter, 2020. "Sustainable Financial Risk Modelling Fitting the SDGs: Some Reflections," Sustainability, MDPI, vol. 12(18), pages 1-28, September.
    2. Prabhu Pingali & Anaka Aiyar & Mathew Abraham & Andaleeb Rahman, 2019. "Transforming Food Systems for a Rising India," Palgrave Studies in Agricultural Economics and Food Policy, Palgrave Macmillan, number 978-3-030-14409-8, August.
    3. Sam Fankhauser & Frank Jotzo, 2017. "Economic growth and development with low-carbon energy," GRI Working Papers 267, Grantham Research Institute on Climate Change and the Environment.
    4. Ingmar Schumacher, 2018. "The Aggregation Dilemma In Climate Change Policy Evaluation," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 9(03), pages 1-20, August.
    5. Ted Temzelides & Borghan Narajabad, 2014. "Robust Dynamic Optimal Taxation and Environmental Externalities," 2014 Meeting Papers 59, Society for Economic Dynamics.
    6. Hjort, Ingrid, 2016. "Potential Climate Risks in Financial Markets: A Literature Overview," Memorandum 01/2016, Oslo University, Department of Economics.
    7. Diana Dimitrova, 2018. "The 2018 Nobel Prize in Economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 98-152.
    8. Klotz, Richard & Sharma, Rishi R., 2023. "Trade barriers and CO2," Journal of International Economics, Elsevier, vol. 141(C).
    9. Wagner, Gernot & Zeckhauser, Richard J., 2016. "Confronting Deep and Persistent Climate Uncertainty," Working Paper Series 16-025, Harvard University, John F. Kennedy School of Government.
    10. Parisa, Zack & Marland, Eric & Sohngen, Brent & Marland, Gregg & Jenkins, Jennifer, 2022. "The time value of carbon storage," Forest Policy and Economics, Elsevier, vol. 144(C).
    11. Quiggin, John, 2018. "The importance of ‘extremely unlikely’ events: tail risk and the costs of climate change," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 62(1), January.
    12. Stefano Giglio & Bryan Kelly & Johannes Stroebel, 2021. "Climate Finance," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 15-36, November.
    13. Ciarli, Tommaso & Savona, Maria, 2019. "Modelling the Evolution of Economic Structure and Climate Change: A Review," Ecological Economics, Elsevier, vol. 158(C), pages 51-64.
    14. Akhundjanov, Sherzod B. & Devadoss, Stephen & Luckstead, Jeff, 2017. "Size distribution of national CO2 emissions," Energy Economics, Elsevier, vol. 66(C), pages 182-193.
    15. Heindl, Peter & Kanschik, Philipp, 2016. "Ecological sufficiency, individual liberties, and distributive justice: Implications for policy making," ZEW Discussion Papers 16-023, ZEW - Leibniz Centre for European Economic Research.
    16. Dominique Bureau & Alain Quinet & Katheline Schubert, 2020. "Cost-Benefit Analysis For Climate Action," Policy Papers 2020.03, FAERE - French Association of Environmental and Resource Economists.
    17. Auke Hoekstra & Maarten Steinbuch & Geert Verbong, 2017. "Creating Agent-Based Energy Transition Management Models That Can Uncover Profitable Pathways to Climate Change Mitigation," Complexity, Hindawi, vol. 2017, pages 1-23, December.
    18. Johannes Stroebel & Jeffrey Wurgler, 2021. "What Do You Think About Climate Finance?," NBER Working Papers 29136, National Bureau of Economic Research, Inc.
    19. Lee, Sangjun & Zhao, Jinhua, 2021. "Adaptation to climate change: Extreme events versus gradual changes," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).
    20. Stephane Hallegatte & Mook Bangalore & Laura Bonzanigo & Marianne Fay & Tamaro Kane & Ulf Narloch & Julie Rozenberg & David Treguer & Adrien Vogt-Schilb, 2016. "Shock Waves," World Bank Publications - Books, The World Bank Group, number 22787, December.
    21. Marc N. Conte & David L. Kelly, 2016. "An Imperfect Storm: Fat-Tailed Hurricane Damages, Insurance and Climate Policy," Working Papers 2016-01, University of Miami, Department of Economics.
    22. McDermott, Shana M. & Finnoff, David C. & Shogren, Jason F. & Kennedy, Chris J., 2021. "When does natural science uncertainty translate into economic uncertainty?," Ecological Economics, Elsevier, vol. 184(C).
    23. Zerrahn, Alexander, 2017. "Wind Power and Externalities," Ecological Economics, Elsevier, vol. 141(C), pages 245-260.
    24. Leonard I. Nakamura & Brian Sliker, 2023. "Climate Shocks in the Anthropocene Era: Should Net Domestic Product Be Affected by Climate Disasters," Working Papers 23-24, Federal Reserve Bank of Philadelphia.
    25. René Augusto Marín-Leyva & América I. Zamora-Torres & Carlos Francisco Ortiz-Paniagua, 2022. "Economía, energía y calidad ambiental en APEC, 1990-2018," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 17(4), pages 1-19, Octubre -.
    26. Beaudoin, Justin & Chen, Yuan & Heres, David R. & Kheiravar, Khaled H. & Lade, Gabriel E. & Yi, Fujin & Zhang, Wei & Lin Lawell, C.-Y. Cynthia, 2018. "Environmental Policies in the Transportation Sector: Taxes, Subsidies, Mandates, Restrictions, and Investment," ISU General Staff Papers 201808150700001050, Iowa State University, Department of Economics.
    27. Dunz, Nepomuk & Naqvi, Asjad & Monasterolo, Irene, 2021. "Climate sentiments, transition risk, and financial stability in a stock-flow consistent model," Journal of Financial Stability, Elsevier, vol. 54(C).
    28. Baldwin, Elizabeth & Cai, Yongyang & Kuralbayeva, Karlygash, 2017. "Build Today, Regret Tomorrow? Infrastructure and Climate Policy," Conference papers 332887, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    29. Wrzaczek, Stefan & Kuhn, Michael & Frankovic, Ivan, 2019. "Using age-structure for a multi-stage optimal control model with random switching time," ECON WPS - Working Papers in Economic Theory and Policy 06/2019, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    30. Cees Withagen, 2022. "On Simple Rules for the Social Cost of Carbon," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(2), pages 461-481, June.
    31. Wang, He-tong & Qi, Shao-zhou & Li, Kai, 2023. "Impact of risk-taking on enterprise value under extreme temperature: From the perspectives of external and internal governance," Journal of Asian Economics, Elsevier, vol. 84(C).

  11. Arrow, K. & Cropper, M. & Gollier, C. & Groom, B. & Heal, G. & Newell, R. & Nordhaus, W. & Pindyck, R. & Pizer, W. & Portney, P. & Sterner, T. & Tol, R. S. J. & Weitzman, Martin L., 2013. "Determining Benefits and Costs for Future Generations," Scholarly Articles 12841963, Harvard University Department of Economics.

    Cited by:

    1. van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
    2. Simon Dietz & Rick van der Ploeg & Armon Rezai & Frank Venmans, 2020. "Are Economists Getting Climate Dynamics Right and Does It Matter?," CESifo Working Paper Series 8122, CESifo.
    3. Stern, Nicholas, 2018. "Public economics as if time matters: Climate change and the dynamics of policy," Journal of Public Economics, Elsevier, vol. 162(C), pages 4-17.
    4. Philippe Bracke & Ted Pinchbeck & James Wyatt, 2014. "The Time Value of Housing: Historical Evidence from London Residential Leases," SERC Discussion Papers 0168, Centre for Economic Performance, LSE.
    5. Gluzberg, Victor E. & Katz, Yuri A., 2019. "Planetary boundaries of consumption growth: Declining social discount rates," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 521(C), pages 362-374.
    6. Johansson-Stenman, Olof & Sterner, Thomas, 2013. "Discounting and Relative Consumption," Working Papers in Economics 559, University of Gothenburg, Department of Economics.
    7. Richard S.J. Tol, 2018. "The impact of climate change and the social cost of carbon," Working Paper Series 1318, Department of Economics, University of Sussex Business School.
    8. David Anthoff & Richard S. J. Tol, 2021. "Testing the Dismal Theorem," CESifo Working Paper Series 8939, CESifo.
    9. Yang, Shuai & Yuan, Jun & Nian, Victor & Li, Lu & Li, Hailong, 2022. "Economics of marinised offshore charging stations for electrifying the maritime sector," Applied Energy, Elsevier, vol. 322(C).
    10. Mark C. Freeman & Gernot Wagner & Richard J. Zeckhauser, 2015. "Climate Sensitivity Uncertainty: When is Good News Bad?," NBER Working Papers 20900, National Bureau of Economic Research, Inc.
    11. Moritz A. Drupp & Frikk Nesje & Robert C. Schmidt, 2022. "Pricing Carbon," CESifo Working Paper Series 9608, CESifo.
    12. Rick Van der Ploeg & Armon Rezai, 2018. "Simple Rules For Climate Policy And Integrated Assessment," OxCarre Working Papers 213, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    13. Eric Fesselmeyer & Haoming Liu & Alberto Salvo, 2022. "Declining discount rates in Singapore's market for privately developed apartments," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 330-350, March.
    14. Kent D. Daniel & Robert B. Litterman & Gernot Wagner, 2016. "Applying Asset Pricing Theory to Calibrate the Price of Climate Risk," NBER Working Papers 22795, National Bureau of Economic Research, Inc.
    15. Hallberg-Sramek, Isabella & Nordström, Eva-Maria & Priebe, Janina & Reimerson, Elsa & Mårald, Erland & Nordin, Annika, 2023. "Combining scientific and local knowledge improves evaluating future scenarios of forest ecosystem services," Ecosystem Services, Elsevier, vol. 60(C).
    16. Sascha Kollenberg & Luca Taschini, 2016. "Emissions trading systems with cap adjustments," GRI Working Papers 195, Grantham Research Institute on Climate Change and the Environment.
    17. Tas Thamo & David J. Pannell & Marit E. Kragt & Michael J. Robertson & Maksym Polyakov, 2017. "Dynamics and the economics of carbon sequestration: common oversights and their implications," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 22(7), pages 1095-1111, October.
    18. West, Grant H. & Snell, Heather & Kovacs, Kent & Nayga, Rodolfo M., 2020. "Estimation of the preferences for the intertemporal services from groundwater," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304220, Agricultural and Applied Economics Association.
    19. Wiser, Ryan & Bolinger, Mark & Heath, Garvin & Keyser, David & Lantz, Eric & Macknick, Jordan & Mai, Trieu & Millstein, Dev, 2016. "Long-term implications of sustained wind power growth in the United States: Potential benefits and secondary impacts," Applied Energy, Elsevier, vol. 179(C), pages 146-158.
    20. Nesje, Frikk, 2020. "Cross-dynastic Intergenerational Altruism," Working Papers 0678, University of Heidelberg, Department of Economics.
    21. Drupp, Moritz A. & Hänsel, Martin C., 2018. "Relative prices and climate policy: How the scarcity of non-market goods drives policy evaluation," Economics Working Papers 2018-01, Christian-Albrechts-University of Kiel, Department of Economics.
    22. Mark C. Freeman & Ben Groom & Ekaterini Panopoulou & Theologos Pantelidis, 2013. "Declining discount rates and the Fisher Effect: Inflated past, discounted future?," GRI Working Papers 109, Grantham Research Institute on Climate Change and the Environment.
    23. Cuppari, Rosa I. & Higgins, Chad W. & Characklis, Gregory W., 2021. "Agrivoltaics and weather risk: A diversification strategy for landowners," Applied Energy, Elsevier, vol. 291(C).
    24. Marion Dupoux, 2019. "The land use change time-accounting failure," Post-Print hal-02409626, HAL.
    25. Yang, Xi & Teng, Fei & Xi, Xiaoqian & Khayrullin, Egor & Zhang, Qi, 2018. "Cost–benefit analysis of China’s Intended Nationally Determined Contributions based on carbon marginal cost curves," Applied Energy, Elsevier, vol. 227(C), pages 415-425.
    26. Koundouri, Phoebe & Roseta-Palma, Catarina & Englezos, Nikolaos, 2017. "Out of Sight, Not Out of Mind: Developments in Economic Models of Groundwater Management," International Review of Environmental and Resource Economics, now publishers, vol. 11(1), pages 55-96, October.
    27. Christian Gollier, 2021. "The Welfare Cost of Ignoring the Beta," Working Papers 2021.03, Fondazione Eni Enrico Mattei.
    28. Maryam Al-Jabir & Rima J. Isaifan, 2024. "Long-Term Projection of Transport-Related Social Cost of Greenhouse Gas Emissions in Qatar," Sustainability, MDPI, vol. 16(2), pages 1-16, January.
    29. Groom, Ben & Maddison, David, 2018. "New estimates of the elasticity of marginal utility for the UK," LSE Research Online Documents on Economics 87526, London School of Economics and Political Science, LSE Library.
    30. Moritz Drupp & Mark Freeman & Ben Groom & Frikk Nesje, 2015. "Discounting disentangled: an expert survey on the determinants of the long-term social discount rate," GRI Working Papers 196a, Grantham Research Institute on Climate Change and the Environment.
    31. Gollier, Christian, 2016. "Gamma discounters are short-termist," Journal of Public Economics, Elsevier, vol. 142(C), pages 83-90.
    32. Jon Sampedro & Stephanie Waldhoff & Marcus Sarofim & Rita Dingenen, 2023. "Marginal Damage of Methane Emissions: Ozone Impacts on Agriculture," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 84(4), pages 1095-1126, April.
    33. Millner, Antony & Heal, Geoffrey, 2018. "Discounting by committee," Journal of Public Economics, Elsevier, vol. 167(C), pages 91-104.
    34. Zanchi, Giuliana & Brady, Mark V., 2019. "Evaluating the contribution of forest ecosystem services to societal welfare through linking dynamic ecosystem modelling with economic valuation," Ecosystem Services, Elsevier, vol. 39(C).
    35. Richard S.J. Tol, 2019. "A social cost of carbon for (almost) every country," Working Paper Series 0219, Department of Economics, University of Sussex Business School.
    36. Hänsel, Martin C. & Quaas, Martin F., 2018. "Intertemporal Distribution, Suffciency, and the Social Cost of Carbon," Open Access Publications from Kiel Institute for the World Economy 233103, Kiel Institute for the World Economy (IfW Kiel).
    37. Weyant John, 2014. "Integrated assessment of climate change: state of the literature," Journal of Benefit-Cost Analysis, De Gruyter, vol. 5(3), pages 377-409, December.
    38. Dale Whittington & Richard T. Carson & Thomas Sterner, 2023. "Policy Note: Benefit Cost Analysis of Water Investments in the Anthropocene," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 9(03), pages 1-23, July.
    39. David Rodziewicz & Christopher J. Amante & Jacob Dice & Eugene Wahl, 2022. "Housing market impairment from future sea-level rise inundation," Environment Systems and Decisions, Springer, vol. 42(4), pages 637-656, December.
    40. Freeman, Mark C. & Groom, Ben, 2016. "How certain are we about the certainty-equivalent longterm social discount rate?," LSE Research Online Documents on Economics 67258, London School of Economics and Political Science, LSE Library.
    41. Maya Eden, 2023. "The Cross‐Sectional Implications of the Social Discount Rate," Econometrica, Econometric Society, vol. 91(6), pages 2065-2088, November.
    42. Nicholas Stern, 2013. "Ethics, equity and the economics of climate change. Paper 2: Economics and Politics," GRI Working Papers 84b, Grantham Research Institute on Climate Change and the Environment.
    43. Ran Sun & Mariella Mendoza Marmanilo & Suren Kulshreshtha, 2023. "Co-benefits of climate change mitigation from innovative agricultural water management: a case study of corn agroecosystem in eastern Canada," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 28(8), pages 1-20, December.
    44. de Oliveira, Angela C.M. & Jacobson, Sarah, 2021. "(Im)patience by proxy: Making intertemporal decisions for others," Journal of Economic Behavior & Organization, Elsevier, vol. 182(C), pages 83-99.
    45. Auke Hoekstra & Maarten Steinbuch & Geert Verbong, 2017. "Creating Agent-Based Energy Transition Management Models That Can Uncover Profitable Pathways to Climate Change Mitigation," Complexity, Hindawi, vol. 2017, pages 1-23, December.
    46. Nian, Victor & Mignacca, Benito & Locatelli, Giorgio, 2022. "Policies toward net-zero: Benchmarking the economic competitiveness of nuclear against wind and solar energy," Applied Energy, Elsevier, vol. 320(C).
    47. Howard, Peter H. & Derek, Sylvan, 2016. "The Wisdom of the Economic Crowd: Calibrating Integrated Assessment Models Using Consensus," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235639, Agricultural and Applied Economics Association.
    48. Freeman, Mark C. & Groom, Ben, 2015. "Positively gamma discounting: combining the opinions of experts on the social discount rate," LSE Research Online Documents on Economics 57158, London School of Economics and Political Science, LSE Library.
    49. Roger Cooke & Alexander Golub & Bruce A. Wielicki & David F. Young & Martin G. Mlynczak & Rosemary R. Baize, 2017. "Using the social cost of carbon to value earth observing systems," Climate Policy, Taylor & Francis Journals, vol. 17(3), pages 330-345, April.
    50. J. Doyne Farmer & John Geanakoplos & Jaume Masoliver & Miquel Montero & Josep Perello, 2014. "Discounting the Distant Future," Cowles Foundation Discussion Papers 1951, Cowles Foundation for Research in Economics, Yale University.
    51. Luo, Lanlan & Zou, Ziran & Chen, Shou, 2021. "Discounting for public-private partnership projects in China," Economic Modelling, Elsevier, vol. 98(C), pages 218-226.
    52. Serban Raicu & Mihaela Popa & Dorinela Costescu, 2022. "Uncertainties Influencing Transportation System Performances," Sustainability, MDPI, vol. 14(13), pages 1-15, June.
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    55. Rafał Buła & Monika Foltyn-Zarychta, 2022. "Declining Discount Rates for Energy Policy Investments in CEE EU Member Countries," Energies, MDPI, vol. 16(1), pages 1-27, December.
    56. Jaume Masoliver & Miquel Montero & Josep Perelló, 2021. "Jump-Diffusion Models for Valuing the Future: Discounting under Extreme Situations," Mathematics, MDPI, vol. 9(14), pages 1-26, July.
    57. Alexey Komzolov & Tatiana Kirichenko & Olga Kirichenko & Yulia Nazarova & Natalya Shcherbakova, 2021. "The Problem of Determining Discount Rate for Integrated Investment Projects in the Oil and Gas Industry," Mathematics, MDPI, vol. 9(24), pages 1-13, December.
    58. Vale, Petterson Molina, 2016. "The changing climate of climate change economics," Ecological Economics, Elsevier, vol. 121(C), pages 12-19.
    59. Alex L. Marten & Elizabeth A. Kopits & Charles W. Griffiths & Stephen C. Newbold & Ann Wolverton, 2015. "Incremental CH 4 and N 2 O mitigation benefits consistent with the US Government's SC-CO 2 estimates," Climate Policy, Taylor & Francis Journals, vol. 15(2), pages 272-298, March.
    60. Anthony Bonen & Willi Semmler & Stephan Klasen, 2014. "Economic Damages from Climate Change: A Review of Modeling Approaches," SCEPA working paper series. 2014-3, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    61. Marion Dupoux, 2016. "The land use change time-accounting failure," Policy Papers 2016.07, FAERE - French Association of Environmental and Resource Economists.
    62. Jones, Kelly W. & Gannon, Benjamin & Timberlake, Thomas & Chamberlain, James L. & Wolk, Brett, 2022. "Societal benefits from wildfire mitigation activities through payments for watershed services: Insights from Colorado," Forest Policy and Economics, Elsevier, vol. 135(C).
    63. Tom Huppertz & Bo P. Weidema & Simon Standaert & Bernard De Caevel & Elisabeth van Overbeke, 2019. "The Social Cost of Sub-Soil Resource Use," Resources, MDPI, vol. 8(1), pages 1-17, January.
    64. Wolfgang Buchholz, 2014. "Discounting in an Uncertain World - Disentangling the Debate on the Weitzman-Gollier Puzzle," CESifo Working Paper Series 4967, CESifo.
    65. Ando, Amy W. & Shah, Payal, 2016. "The Economics of Conservation and Finance: A Review of the Literature," International Review of Environmental and Resource Economics, now publishers, vol. 8(3-4), pages 321-357, June.
    66. John Weyant, 2017. "Some Contributions of Integrated Assessment Models of Global Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 11(1), pages 115-137.
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    68. Ray, Manojit & Chakraborty, Basab, 2021. "Impact of demand response on escalating energy access with affordable solar photovoltaic generation in the Global South," Renewable and Sustainable Energy Reviews, Elsevier, vol. 143(C).
    69. Mark C. Freeman & Ben Groom, 2013. "How certain are we about the certainty-equivalent long term social discount rate?," GRI Working Papers 138, Grantham Research Institute on Climate Change and the Environment.
    70. Gabriella Maselli & Antonio Nesticò, 2021. "The Role of Discounting in Energy Policy Investments," Energies, MDPI, vol. 14(19), pages 1-18, September.
    71. Katz, Yuri A., 2017. "Value of the distant future: Model-independent results," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 466(C), pages 269-276.
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    74. Brazee, Richard J., 2018. "Impacts of declining discount rates on optimal harvest age and land expectation values," Journal of Forest Economics, Elsevier, vol. 31(C), pages 27-38.
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    76. Epanchin-Niell, Rebecca S. & Liebhold, Andrew M., 2015. "Benefits of invasion prevention: Effect of time lags, spread rates, and damage persistence," Ecological Economics, Elsevier, vol. 116(C), pages 146-153.
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    79. Claxton, Karl & Asaria, Miqdad & Chansa, Collins & Jamison, Julian & Lomas, James & Ochalek, Jessica & Paulden, Mike, 2019. "Accounting for timing when assessing health-related policies," LSE Research Online Documents on Economics 100408, London School of Economics and Political Science, LSE Library.
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    82. Samuel Jovan Okullo, 2020. "Determining the Social Cost of Carbon: Under Damage and Climate Sensitivity Uncertainty," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(1), pages 79-103, January.
    83. Barbose, Galen & Wiser, Ryan & Heeter, Jenny & Mai, Trieu & Bird, Lori & Bolinger, Mark & Carpenter, Alberta & Heath, Garvin & Keyser, David & Macknick, Jordan & Mills, Andrew & Millstein, Dev, 2016. "A retrospective analysis of benefits and impacts of U.S. renewable portfolio standards," Energy Policy, Elsevier, vol. 96(C), pages 645-660.
    84. Hurford, A.P. & Harou, J.J. & Bonzanigo, L. & Ray, P.A. & Karki, P. & Bharati, L. & Chinnasamy, P., 2020. "Efficient and robust hydropower system design under uncertainty - A demonstration in Nepal," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).
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    86. Knoke, Thomas & Paul, Carola & Härtl, Fabian, 2017. "A critical view on benefit-cost analyses of silvicultural management options with declining discount rates," Forest Policy and Economics, Elsevier, vol. 83(C), pages 58-69.
    87. Antony Millner & Geoffrey Heal, 2015. "Collective intertemporal choice: time consistency vs. time invariance," GRI Working Papers 220, Grantham Research Institute on Climate Change and the Environment.
    88. Son, In Woo & Jeong, Yongju & Son, Seongmin & Park, Jung Hwan & Lee, Jeong Ik, 2022. "Techno-economic evaluation of solar-nuclear hybrid system for isolated grid," Applied Energy, Elsevier, vol. 306(PA).
    89. Fesselmeyer, Eric & Liu, Haoming & Salvo, Alberto, 2016. "How Do Households Discount over Centuries? Evidence from Singapore's Private Housing Market," IZA Discussion Papers 9862, Institute of Labor Economics (IZA).
    90. Stephen J. DeCanio & Charles F. Manski & Alan H. Sanstad, 2022. "Minimax-Regret Climate Policy with Deep Uncertainty in Climate Modeling and Intergenerational Discounting," NBER Working Papers 29716, National Bureau of Economic Research, Inc.
    91. Radoslaw (Radek) Stefanski & Alex Trew, 2020. "Patience Breeds Interest: The Rise of Societal Patience and the Fall of the Risk-free Interest Rate," Working Papers 2020-03, Business School - Economics, University of Glasgow.
    92. Penyalver, Domingo & Turró, Mateu & Zavala-Rojas, Diana, 2018. "Intergenerational perception of the utility of major transport projects," Research in Transportation Economics, Elsevier, vol. 70(C), pages 97-111.
    93. Li, Yanjie & Nian, Victor & Li, Hailong & Liu, Shengchun & Wang, Yabo, 2021. "A life cycle analysis techno-economic assessment framework for evaluating future technology pathways – The residential air-conditioning example," Applied Energy, Elsevier, vol. 291(C).
    94. Ralph Chapman & Nicholas Preval & Philippa Howden-Chapman, 2017. "How Economic Analysis Can Contribute to Understanding the Links between Housing and Health," IJERPH, MDPI, vol. 14(9), pages 1-12, August.
    95. Patteeuw, Dieter & Reynders, Glenn & Bruninx, Kenneth & Protopapadaki, Christina & Delarue, Erik & D’haeseleer, William & Saelens, Dirk & Helsen, Lieve, 2015. "CO2-abatement cost of residential heat pumps with active demand response: demand- and supply-side effects," Applied Energy, Elsevier, vol. 156(C), pages 490-501.
    96. Frikk Nesje & Moritz A. Drupp & Mark C. Freeman & Ben Groom, 2022. "Philosophers and Economists Can Agree on the Intergenerational Discount Rate and Climate Policy Paths," CESifo Working Paper Series 9930, CESifo.
    97. Andrew K. Kamenju & Dr. T. Olweny, 2021. "The Nexus Between Internal Investment and Economic Growth in Kenya," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 11(2), pages 1-2.
    98. Eory, Vera, 2015. "Evaluating the use of marginal abatement cost curves applied to greenhouse gas abatement in agriculture," Working Papers 199777, Scotland's Rural College (formerly Scottish Agricultural College), Land Economy & Environment Research Group.

  12. Richard S. J. Tol & Kenneth J. Arrow & Maureen L. Cropper & Christian Gollier & Ben Groom & Geoffrey M. Heal & Richard G. Newell & William D. Nordhaus & Robert S. Pindyck & William A. Pizer & Paul R. , 2013. "How Should Benefits and Costs Be Discounted in an Intergenerational Context?," Working Paper Series 5613, Department of Economics, University of Sussex Business School.

    Cited by:

    1. Eric Fesselmeyer & Haoming Liu & Alberto Salvo, 2022. "Declining discount rates in Singapore's market for privately developed apartments," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 330-350, March.
    2. Sascha Kollenberg & Luca Taschini, 2016. "Emissions trading systems with cap adjustments," GRI Working Papers 195, Grantham Research Institute on Climate Change and the Environment.
    3. Tas Thamo & David J. Pannell & Marit E. Kragt & Michael J. Robertson & Maksym Polyakov, 2017. "Dynamics and the economics of carbon sequestration: common oversights and their implications," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 22(7), pages 1095-1111, October.
    4. William Brock & Anastasios Xepapadeas, 2015. "Modeling Coupled Climate, Ecosystems, and Economic Systems," DEOS Working Papers 1508, Athens University of Economics and Business.
    5. Sussman Fran & Weaver Christopher P. & Grambsch Anne, 2014. "Challenges in applying the paradigm of welfare economics to climate change," Journal of Benefit-Cost Analysis, De Gruyter, vol. 5(3), pages 347-376, December.
    6. Kersting, Jan & Duscha, Vicki & Weitzel, Matthias, 2017. "Cooperation on climate change under economic linkages: How the inclusion of macroeconomic effects affects stability of a global climate coalition," Open Access Publications from Kiel Institute for the World Economy 226353, Kiel Institute for the World Economy (IfW Kiel).
    7. Moritz Drupp & Mark Freeman & Ben Groom & Frikk Nesje, 2015. "Discounting disentangled: an expert survey on the determinants of the long-term social discount rate," GRI Working Papers 196a, Grantham Research Institute on Climate Change and the Environment.
    8. Liqun Liu & Andrew J. Rettenmaier & Thomas R. Saving, 2021. "Discounting Environmental Benefits for Future Generations," Public Finance Review, , vol. 49(1), pages 41-70, January.
    9. Moritz Drupp & Mark Freeman & Ben Groom & Frikk Nesje, 2015. "Discounting disentangled," GRI Working Papers 172, Grantham Research Institute on Climate Change and the Environment.
    10. Renaud Coulomb & Fanny Henriet & Léo Reitzmann, 2021. "'Bad' Oil, 'Worse' Oil and Carbon Misallocation," PSE Working Papers halshs-03244647, HAL.
    11. Barrage, Lint, 2018. "Be careful what you calibrate for: Social discounting in general equilibrium," Journal of Public Economics, Elsevier, vol. 160(C), pages 33-49.
    12. Márta Somogyvári, 2018. "Ethical Aspects of Intertemporal Discounting and the Social Discount Rate," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 17(3), pages 109-132.
    13. Cees Withagen, 2019. "The Social Cost of Carbon and the Ramsey Rule," Working Papers 2019.16, FAERE - French Association of Environmental and Resource Economists.
    14. Freeman, Mark C. & Groom, Ben, 2015. "Positively gamma discounting: combining the opinions of experts on the social discount rate," LSE Research Online Documents on Economics 57158, London School of Economics and Political Science, LSE Library.
    15. Mauri Kotamäki, 2013. "The Pension Scheme Need Not Be Pay-As-You-Go: An Overlapping Generations Approach," Finnish Economic Papers, Finnish Economic Association, vol. 26(2), pages 56-71, Autumn.
    16. Maureen L. Cropper & Mark C. Freeman & Ben Groom & William A. Pizer, 2014. "Declining Discount Rates," American Economic Review, American Economic Association, vol. 104(5), pages 538-543, May.
    17. Moore, Mark A. & Boardman, Anthony E. & Vining, Aidan R., 2013. "More appropriate discounting: the rate of social time preference and the value of the social discount rate," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 4(1), pages 1-16, March.
    18. Frank L. Bartels & Bianca Cravenna, 2015. "Low Carbon Development: The Challenges of Green Energy Innovation," Globelics Working Paper Series 2015-03, Globelics - Global Network for Economics of Learning, Innovation, and Competence Building Systems, Aalborg University, Department of Business and Management.
    19. Bernard Lapeyre & Emile Quinet, 2017. "A Simple GDP-based Model for Public Investments at Risk," Post-Print hal-01666574, HAL.
    20. Moore Mark A. & Vining Aidan R. & Boardman Anthony E., 2013. "The choice of the social discount rate and the opportunity cost of public funds," Journal of Benefit-Cost Analysis, De Gruyter, vol. 4(3), pages 401-409, December.
    21. Tom Huppertz & Bo P. Weidema & Simon Standaert & Bernard De Caevel & Elisabeth van Overbeke, 2019. "The Social Cost of Sub-Soil Resource Use," Resources, MDPI, vol. 8(1), pages 1-17, January.
    22. Liu, Jing-Yu & Fujimori, Shinichiro & Masui, Toshihiko, 2016. "Temporal and spatial distribution of global mitigation costs: INDCs and generation equity," Conference papers 332680, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    23. Daniel A. Farber, 2015. "Gambling over Growth: Economic Uncertainty, Discounting, and Regulatory Policy," The Journal of Legal Studies, University of Chicago Press, vol. 44(S2), pages 509-528.
    24. Mark C. Freeman & Ben Groom, 2013. "How certain are we about the certainty-equivalent long term social discount rate?," GRI Working Papers 138, Grantham Research Institute on Climate Change and the Environment.
    25. Bluffstone, R. & Coulston, J. & Haight, R.G. & Kline, J. & Polasky, S. & Wear, D.N. & Zook, K., 2017. "Estimated Values of Carbon Sequestration Resulting from Forest Management Scenarios," C-FARE Reports 260680, Council on Food, Agricultural, and Resource Economics (C-FARE).
    26. Rautiainen, Aapo & Lintunen, Jussi, 2017. "Social Cost of Forcing: A Basis for Pricing All Forcing Agents," Ecological Economics, Elsevier, vol. 133(C), pages 42-51.
    27. Lugovoy, O. & Polbin, A., 2016. "On Intergenerational Distribution of the Burden of Greenhouse Gas Emissions," Journal of the New Economic Association, New Economic Association, vol. 31(3), pages 12-39.
    28. Monge, Juan J. & Daigneault, Adam J. & Dowling, Leslie J. & Harrison, Duncan R. & Awatere, Shaun & Ausseil, Anne-Gaelle, 2018. "Implications of future climatic uncertainty on payments for forest ecosystem services: The case of the East Coast of New Zealand," Ecosystem Services, Elsevier, vol. 33(PB), pages 199-212.
    29. Wainger, L. & Loomis, J. & Johnston, R. & Hansen, L. & Carlisle, D. & Lawrence, D. & Gollehon, N. & Duriancik, L. & Schwartz, G. & Ribaudo, M. & Gala, C., 2017. "Ecosystem Service Benefits Generated by Improved Water Quality from Conservation Practices," C-FARE Reports 260679, Council on Food, Agricultural, and Resource Economics (C-FARE).
    30. Knoke, Thomas & Paul, Carola & Härtl, Fabian, 2017. "A critical view on benefit-cost analyses of silvicultural management options with declining discount rates," Forest Policy and Economics, Elsevier, vol. 83(C), pages 58-69.
    31. Hector, Svenja, 2015. "Extending the Ramsey Equation further: Discounting under Mutually Utility Independent and Recursive Preferences," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113061, Verein für Socialpolitik / German Economic Association.
    32. Broughel, James, 2017. "The Social Discount Rate: A Baseline Approach," Working Papers 06956, George Mason University, Mercatus Center.
    33. Fesselmeyer, Eric & Liu, Haoming & Salvo, Alberto, 2016. "How Do Households Discount over Centuries? Evidence from Singapore's Private Housing Market," IZA Discussion Papers 9862, Institute of Labor Economics (IZA).
    34. Eli P. Fenichel & Matthew J. Kotchen & Ethan T. Addicott, 2017. "Even the Representative Agent Must Die: Using Demographics to Inform Long-Term Social Discount Rates," NBER Working Papers 23591, National Bureau of Economic Research, Inc.
    35. Warren, Liz & Seal, Will, 2018. "Using investment appraisal models in strategic negotiation: The cultural political economy of electricity generation," Accounting, Organizations and Society, Elsevier, vol. 70(C), pages 16-32.
    36. Cees Withagen, 2022. "On Simple Rules for the Social Cost of Carbon," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(2), pages 461-481, June.
    37. Cameron Hepburn & Greer Gosnell, 2014. "Evaluating impacts in the distant future: cost–benefit analysis, discounting and the alternatives," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 9, pages 140-159, Edward Elgar Publishing.
    38. Michael Spackman, 2017. "Social discounting: the SOC/STP divide," GRI Working Papers 182, Grantham Research Institute on Climate Change and the Environment.
    39. Bernard Lapeyre & Emile Quinet, 2017. "A Simple GDP-based Model for Public Investments at Risk," PSE-Ecole d'économie de Paris (Postprint) hal-01666574, HAL.
    40. Motlaghzadeh, Kasra & Schweizer, Vanessa & Craik, Neil & Moreno-Cruz, Juan, 2023. "Key uncertainties behind global projections of direct air capture deployment," Applied Energy, Elsevier, vol. 348(C).

  13. Weitzman, Martin L., 2013. "Tail-Hedge Discounting and the Social Cost of Carbon," Scholarly Articles 12841971, Harvard University Department of Economics.

    Cited by:

    1. Jenkins, Jesse D., 2014. "Political economy constraints on carbon pricing policies: What are the implications for economic efficiency, environmental efficacy, and climate policy design?," Energy Policy, Elsevier, vol. 69(C), pages 467-477.
    2. van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
    3. Lars Hultkrantz, 2021. "Discounting in economic evaluation of healthcare interventions: what about the risk term?," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 22(3), pages 357-363, April.
    4. Tomas Havranek & Zuzana Irsova & Karel Janda & David Zilberman, 2015. "Selective reporting and the social cost of carbon," CAMA Working Papers 2015-28, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    5. Robert S. Pindyck, 2013. "Climate Change Policy: What Do the Models Tell Us?," NBER Working Papers 19244, National Bureau of Economic Research, Inc.
    6. Tomas Balint & Francesco Lamperti & Antoine Mandel & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2016. "Complexity and the Economics of Climate Change: a Survey and a Look Forward," SciencePo Working papers Main halshs-01390694, HAL.
    7. Oz Sahin & Rodney Stewart & Fernanda Helfer, 2015. "Bridging the Water Supply–demand Gap in Australia: Coupling Water Demand Efficiency with Rain-independent Desalination Supply," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 29(2), pages 253-272, January.
    8. Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2014. "What Do We Learn from the Weather? The New Climate-Economy Literature," Journal of Economic Literature, American Economic Association, vol. 52(3), pages 740-798, September.
    9. Hjort, Ingrid, 2016. "Potential Climate Risks in Financial Markets: A Literature Overview," Memorandum 01/2016, Oslo University, Department of Economics.
    10. Francesco Lamperti & Giovanni Dosi & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2017. "Faraway, so close : coupled climate and economic dynamics in an agent-based integrated assessment model," Sciences Po publications info:hdl:2441/4hs7liq1f49, Sciences Po.
    11. Dietz, Simon & Gollier, Christian & Kessler, Louise, 2015. "The climate beta," TSE Working Papers 15-608, Toulouse School of Economics (TSE).
    12. Hultkrantz, Lars & Krüger, Niclas & Mantalos , Panagiotis, 2012. "Risk-adjusted long term social rates of discount for transportation infrastructure investment," Working Papers 2012:14, Örebro University, School of Business.
    13. Giglio, Stefano & Ströbel, Johannes & Maggiori, Matteo, 2014. "No-Bubble Condition: Model-Free Tests in Housing Markets," CEPR Discussion Papers 9978, C.E.P.R. Discussion Papers.
    14. Gerlagh, Reyer & Jaimes, Richard & Motavasseli, Ali, 2017. "Global Demographic Change and Climate Policies," Discussion Paper 2017-035, Tilburg University, Center for Economic Research.
    15. Newbery, David, 2018. "Policies for decarbonizing a liberalized power sector," CEPR Discussion Papers 12647, C.E.P.R. Discussion Papers.
    16. Eisenack, Klaus & Paschen, Marius, 2022. "Adapting long-lived investments under climate change uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 116(C).
    17. Jean-Marc Bourgeon & Margot Hovsepian, 2017. "Green Technology Adoption and the Business Cycle," CESifo Working Paper Series 6485, CESifo.
    18. Stefano Giglio & Matteo Maggiori & Johannes Stroebel, 2014. "Very Long-Run Discount Rates," NBER Working Papers 20133, National Bureau of Economic Research, Inc.
    19. Panagiotis Mantalos & Lars Hultkrantz, 2018. "Estimating ‘gamma’ for tail-hedge discount rates when project returns are cointegrated with GDP," Applied Economics, Taylor & Francis Journals, vol. 50(37), pages 4074-4085, August.
    20. Gollier, Christian, 2012. "Evaluation of long-dated assets : The role of parameter uncertainty," TSE Working Papers 12-361, Toulouse School of Economics (TSE), revised Sep 2015.
    21. Hultkrantz, Lars & Mantalos, Panagiotis, 2016. "Hedging with Trees: Tail-Hedge Discounting of Long-Term Forestry Returns," Working Papers 2016:2, Örebro University, School of Business.
    22. François Belle-Larant & Hugo Mauron & Pascal da Costa, 2021. "Climate Change and Degrowth: a Nordhaus' DICE Model Set of Simulations based on Endogenous Discounting," Working Papers hal-03146625, HAL.
    23. Weyant John, 2014. "Integrated assessment of climate change: state of the literature," Journal of Benefit-Cost Analysis, De Gruyter, vol. 5(3), pages 377-409, December.
    24. Marcos Vizcaíno-González & Susana Iglesias-Antelo & Noelia Romero-Castro, 2019. "Assessing Sustainability-Related Systematic Reputational Risk through Voting Results in Corporate Meetings: A Cross-Industry Analysis," Sustainability, MDPI, vol. 11(5), pages 1-11, March.
    25. Tscharaktschiew, Stefan, 2014. "Shedding light on the appropriateness of the (high) gasoline tax level in Germany," Economics of Transportation, Elsevier, vol. 3(3), pages 189-210.
    26. Luo, Lanlan & Zou, Ziran & Chen, Shou, 2021. "Discounting for public-private partnership projects in China," Economic Modelling, Elsevier, vol. 98(C), pages 218-226.
    27. Peter von zur Muehlen, 2022. "Prices and Taxes in a Ramsey Climate Policy Model under Heterogeneous Beliefs and Ambiguity," Economies, MDPI, vol. 10(10), pages 1-56, October.
    28. Dietz, Simon & Lanz, Bruno, 2022. "Growth and adaptation to climate change in the long run," LSE Research Online Documents on Economics 117606, London School of Economics and Political Science, LSE Library.
    29. Anil Markandya, 2017. "State of Knowledge on Climate Change, Water, and Economics," World Bank Publications - Reports 26491, The World Bank Group.
    30. Andrea Rampa, 2020. "Climate change, catastrophes and Dismal Theorem: a critical review [Klimawandel, Katastrophen und das „Dismal Theorem“: eine kritische Überprüfung]," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 40(2), pages 113-136, October.
    31. Marshall Burke & Melanie Craxton & Charles D. Kolstad & Chikara Onda, 2016. "Some Research Challenges In The Economics Of Climate Change," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 7(02), pages 1-14, May.
    32. Stefan Dercon, 2014. "Climate change, green growth, and aid allocation to poor countries," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 30(3), pages 531-549.
    33. J. Farmer & Cameron Hepburn & Penny Mealy & Alexander Teytelboym, 2015. "A Third Wave in the Economics of Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(2), pages 329-357, October.
    34. Andersson, Henrik & Hultkrantz, Lars & Lindberg, Gunnar & Nilsson, Jan-Eric, 2017. "The role of economic analysis for investment priorities in Sweden’s transport sector," Working papers in Transport Economics 2017:12, CTS - Centre for Transport Studies Stockholm (KTH and VTI), revised 23 May 2018.
    35. Richard S. J. Tol, 2015. "Economic impacts of climate change," Working Paper Series 7515, Department of Economics, University of Sussex Business School.
    36. Nkuiya, Bruno, 2015. "Transboundary pollution game with potential shift in damages," Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 1-14.
    37. Gary D. Libecap, 2014. "Addressing Global Environmental Externalities: Transaction Costs Considerations," Journal of Economic Literature, American Economic Association, vol. 52(2), pages 424-479, June.
    38. Motavasseli, Ali, 2016. "Essays in environmental policy and household economics," Other publications TiSEM b32e287e-169b-4e89-9878-1, Tilburg University, School of Economics and Management.
    39. Zerrahn, Alexander, 2017. "Wind Power and Externalities," Ecological Economics, Elsevier, vol. 141(C), pages 245-260.
    40. Bluffstone, R. & Coulston, J. & Haight, R.G. & Kline, J. & Polasky, S. & Wear, D.N. & Zook, K., 2017. "Estimated Values of Carbon Sequestration Resulting from Forest Management Scenarios," C-FARE Reports 260680, Council on Food, Agricultural, and Resource Economics (C-FARE).
    41. Christian Gollier, 2014. "Discounting and Growth," American Economic Review, American Economic Association, vol. 104(5), pages 534-537, May.
    42. Richard S.J. Tol, 2021. "Estimates of the social cost of carbon have not changed over time," Working Paper Series 0821, Department of Economics, University of Sussex Business School.
    43. Morakinyo O Adetutu & Kayode A Odusanya & Eleni Stathopoulou & Thomas G Weyman-Jones, 2023. "Environmental regulation, taxes, and activism," Oxford Economic Papers, Oxford University Press, vol. 75(2), pages 460-489.
    44. Dr. Christian Lutz & Dr. Marc Ingo Wolter, 2021. "Wege zur Klimaneutralität bis 2045 – Politische Handlungsfelder," GWS Discussion Paper Series 21-4, GWS - Institute of Economic Structures Research.
    45. Sascha Samadi, 2017. "The Social Costs of Electricity Generation—Categorising Different Types of Costs and Evaluating Their Respective Relevance," Energies, MDPI, vol. 10(3), pages 1-37, March.
    46. Fesselmeyer, Eric & Liu, Haoming & Salvo, Alberto, 2016. "How Do Households Discount over Centuries? Evidence from Singapore's Private Housing Market," IZA Discussion Papers 9862, Institute of Labor Economics (IZA).
    47. Klaus Eisenack & Marius Paschen, 2017. "Designing long-lived investments under uncertain and ongoing change," Working Papers V-398-17, University of Oldenburg, Department of Economics, revised Feb 2017.
    48. Lanlan Luo & Shou Chen & Ziran Zou, 2020. "Determining the Generalized Discount Rate for Risky Projects," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(1), pages 143-158, September.
    49. Nicholas Stern, 2013. "The Structure of Economic Modeling of the Potential Impacts of Climate Change: Grafting Gross Underestimation of Risk onto Already Narrow Science Models," Journal of Economic Literature, American Economic Association, vol. 51(3), pages 838-859, September.
    50. Hepburn, Cameron & Pfeiffer, Alexander & Vogt-Schilb, Adrien & J. Tulloch, Daniel, 2018. "Dead on arrival? Implicit stranded assets in leading IAM scenarios," INET Oxford Working Papers 2018-08, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    51. Richard S. J. Tol, 2021. "Estimates of the social cost of carbon have increased over time," Papers 2105.03656, arXiv.org, revised Aug 2022.
    52. Yu Liu & Mingxi Du & Qi Cui & Jintai Lin & Yawen Liu & Qiuyu Liu & Dan Tong & Kuishuang Feng & Klaus Hubacek, 2022. "Contrasting suitability and ambition in regional carbon mitigation," Nature Communications, Nature, vol. 13(1), pages 1-9, December.

  14. Weitzman, Martin L., 2013. "A Precautionary Tale of Uncertain Tail Fattening," Scholarly Articles 12840806, Harvard University Department of Economics.

    Cited by:

    1. Hans-Jürgen Nantke & Alfred Endres & Frederik Schaff & Till Requate & Susanne Dröge, 2013. "Failure of the Emission Trading: Is Europe Losing its Pioneering Role in Climate Policy?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 66(12), pages 03-15, June.
    2. Max Gillman & Michal Kejak & Michal Pakos, 2014. "Learning about Disaster Risk: Joint Implications for Consumption and Asset Prices," CERGE-EI Working Papers wp507, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    3. In Chang Hwang & Richard S.J. Tol & Marjan W. Hofkes, 2013. "Active Learning about Climate Change," Working Paper Series 6513, Department of Economics, University of Sussex Business School.
    4. Max Gillman & Michal Kejak & Michal Pakos, 2014. "Learning about Rare Disasters: Implications for Consumptions and Asset Prices," CEU Working Papers 2014_2, Department of Economics, Central European University.
    5. Lopez, Ramon E. & Pastén, Roberto & Gutiérrez Cubillos, Pablo, 2022. "Climate change in times of economic uncertainty: A perverse tragedy of the commons?," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 209-225.
    6. Edward B. Barbier & Joanne C. Burgess, 2019. "Scarcity and Safe Operating Spaces: The Example of Natural Forests," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(3), pages 1077-1099, November.
    7. Sturla F. Kvamsdal & Ivan Belik & Arnt Ove Hopland & Yuanhao Li, 2021. "A Machine Learning Analysis of the Recent Environmental and Resource Economics Literature," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(1), pages 93-115, May.
    8. Hwang, In Chang, 2014. "Fat-tailed uncertainty and the learning-effect," MPRA Paper 53671, University Library of Munich, Germany.
    9. Hwang, In Chang & Tol, Richard S.J. & Hofkes, Marjan W., 2016. "Fat-tailed risk about climate change and climate policy," Energy Policy, Elsevier, vol. 89(C), pages 25-35.

  15. Weitzman, Martin L., 2012. "GHG Targets as Insurance Against Catastrophic Climate Damages," Scholarly Articles 11315435, Harvard University Department of Economics.

    Cited by:

    1. Kalkuhl, Matthias & Edenhofer, Ottmar & Lessmann, Kai, 2011. "Renewable Energy Subsidies: Second-Best Policy or Fatal Aberration for Mitigation?," Energy: Resources and Markets 108261, Fondazione Eni Enrico Mattei (FEEM).
    2. van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
    3. William Oman & Romain Svartzman, 2021. "What Justifies Sustainable Finance Measures? Financial-Economic Interactions and Possible Implications for Policymakers," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 22(03), pages 03-11, May.
    4. Richard S. J. Tol & In Chang Hwang & Frédéric Reynès, 2012. "The Effect of Learning on Climate Policy under Fat-tailed Uncertainty," Working Paper Series 5312, Department of Economics, University of Sussex Business School.
    5. Grubb, M. & Mercure, J. & Salas, P. & Lange, R., 2018. "Systems Innovation, Inertia and Pliability: A mathematical exploration with implications for climate change abatement," Cambridge Working Papers in Economics 1819, Faculty of Economics, University of Cambridge.
    6. Rick Van der Ploeg & Bas Jacobs, 2010. "Precautionary Climate Change Policies And Optimal Redistribution," OxCarre Working Papers 049, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    7. Oliver Bettis & Simon Dietz & Nick Silver, 2015. "The risk of climate ruin," GRI Working Papers 217, Grantham Research Institute on Climate Change and the Environment.
    8. Howard, Peter H. & Sterner, Thomas, 2022. "Between Two Worlds: Methodological and Subjective Differences in Climate Impact Meta-Analyses," RFF Working Paper Series 22-10, Resources for the Future.
    9. Laurence J. Kotlikoff & Felix Kubler & Andrey Polbin & Simon Scheidegger, 2020. "Pareto-Improving Carbon-Risk Taxation," NBER Working Papers 26919, National Bureau of Economic Research, Inc.
    10. Hjort, Ingrid, 2016. "Potential Climate Risks in Financial Markets: A Literature Overview," Memorandum 01/2016, Oslo University, Department of Economics.
    11. Matthias Schmidt & Hermann Held & Elmar Kriegler & Alexander Lorenz, 2013. "Climate Policy Under Uncertain and Heterogeneous Climate Damages," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(1), pages 79-99, January.
    12. David J. Frame & Michael F. Wehner & Ilan Noy & Suzanne M. Rosier, 2020. "The economic costs of Hurricane Harvey attributable to climate change," Climatic Change, Springer, vol. 160(2), pages 271-281, May.
    13. Peter Harrison Howard & Derek Sylvan, 2020. "Wisdom of the experts: Using survey responses to address positive and normative uncertainties in climate-economic models," Climatic Change, Springer, vol. 162(2), pages 213-232, September.
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    152. Antony Millner & Simon Dietz & Geoffrey Heal, 2013. "Scientific Ambiguity and Climate Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 55(1), pages 21-46, May.
    153. Marco Rogna & Carla J. Vogt, 2022. "Optimal climate policies under fairness preferences," Climatic Change, Springer, vol. 174(3), pages 1-20, October.
    154. Michielsen, T.O., 2013. "Essays in environmental and resource economics," Other publications TiSEM 8dbb8d26-1ddd-4548-b02e-d, Tilburg University, School of Economics and Management.
    155. Becken, Susanne & Carmignani, Fabrizio, 2020. "Are the current expectations for growing air travel demand realistic?," Annals of Tourism Research, Elsevier, vol. 80(C).
    156. Simon Dietz & Anca N. Matei, 2013. "Is there space for agreement on climate change? A non-parametric approach to policy evaluation," GRI Working Papers 136, Grantham Research Institute on Climate Change and the Environment.

  16. Martin L. Weitzman, 2012. "Rare Disasters, Tail-Hedged Investments, and Risk-Adjusted Discount Rates," NBER Working Papers 18496, National Bureau of Economic Research, Inc.

    Cited by:

    1. Lars Hultkrantz, 2021. "Discounting in economic evaluation of healthcare interventions: what about the risk term?," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 22(3), pages 357-363, April.
    2. Gollier, Christian, 2013. "A theory of rational short-termism with uncertain betas," TSE Working Papers 13-389, Toulouse School of Economics (TSE).
    3. Hultkrantz, Lars & Krüger, Niclas & Mantalos , Panagiotis, 2012. "Risk-adjusted long term social rates of discount for transportation infrastructure investment," Working Papers 2012:14, Örebro University, School of Business.
    4. Giglio, Stefano & Ströbel, Johannes & Maggiori, Matteo, 2014. "No-Bubble Condition: Model-Free Tests in Housing Markets," CEPR Discussion Papers 9978, C.E.P.R. Discussion Papers.
    5. Gollier, Christian, 2012. "Evaluation of long-dated investments under uncertain growth trend, volatility and catastrophes," IDEI Working Papers 754, Institut d'Économie Industrielle (IDEI), Toulouse, revised Sep 2015.
    6. Marlène Isoré & Urszula Szczerbowicz, 2015. "Disaster Risk and Preference Shifts in a New Keynesian Model," Working Papers 2015-16, CEPII research center.
    7. Stefano Giglio & Matteo Maggiori & Johannes Stroebel, 2014. "Very Long-Run Discount Rates," NBER Working Papers 20133, National Bureau of Economic Research, Inc.
    8. Panagiotis Mantalos & Lars Hultkrantz, 2018. "Estimating ‘gamma’ for tail-hedge discount rates when project returns are cointegrated with GDP," Applied Economics, Taylor & Francis Journals, vol. 50(37), pages 4074-4085, August.
    9. Gollier, Christian, 2012. "Evaluation of long-dated assets : The role of parameter uncertainty," TSE Working Papers 12-361, Toulouse School of Economics (TSE), revised Sep 2015.
    10. Stefano Giglio & Bryan Kelly & Johannes Stroebel, 2021. "Climate Finance," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 15-36, November.
    11. Hultkrantz, Lars & Mantalos, Panagiotis, 2016. "Hedging with Trees: Tail-Hedge Discounting of Long-Term Forestry Returns," Working Papers 2016:2, Örebro University, School of Business.
    12. Gollier, Christian, 2012. "Asset pricing with uncertain betas: A long-term perspective," IDEI Working Papers 752, Institut d'Économie Industrielle (IDEI), Toulouse.
    13. Serban Raicu & Mihaela Popa & Dorinela Costescu, 2022. "Uncertainties Influencing Transportation System Performances," Sustainability, MDPI, vol. 14(13), pages 1-15, June.
    14. Bernard Lapeyre & Emile Quinet, 2017. "A Simple GDP-based Model for Public Investments at Risk," Post-Print hal-01666574, HAL.
    15. Johannes Stroebel & Jeffrey Wurgler, 2021. "What Do You Think About Climate Finance?," NBER Working Papers 29136, National Bureau of Economic Research, Inc.
    16. Kathrin Goldmann, 2019. "Time-declining risk-adjusted social discount rates for transport infrastructure planning," Transportation, Springer, vol. 46(1), pages 17-34, February.
    17. Andersson, Henrik & Hultkrantz, Lars & Lindberg, Gunnar & Nilsson, Jan-Eric, 2017. "The role of economic analysis for investment priorities in Sweden’s transport sector," Working papers in Transport Economics 2017:12, CTS - Centre for Transport Studies Stockholm (KTH and VTI), revised 23 May 2018.
    18. Giglio, Stefano & Maggiori, Matteo & Stroebel, Johannes & Tan, Zhenhao & Utkus, Stephen & Xu, Xiao, 2023. "Four Facts About Esg Beliefs And Investor Portfolios," SocArXiv dcb93, Center for Open Science.
    19. Corneo, Giacomo, 2015. "Volkswirtschaftliche Bewertung öffentlicher Investitionen," Discussion Papers 2015/12, Free University Berlin, School of Business & Economics.
    20. Bernard Lapeyre & Emile Quinet, 2017. "A Simple GDP-based Model for Public Investments at Risk," PSE-Ecole d'économie de Paris (Postprint) hal-01666574, HAL.
    21. Rob Aalbers, 2013. "Optimal Discount Rates for Investments in Mitigation and Adaptation," CPB Discussion Paper 257, CPB Netherlands Bureau for Economic Policy Analysis.

  17. Arrow, Kenneth J. & Cropper, Maureen L. & Gollier, Christian & Groom, Ben & Heal, Geoffrey M. & Newell, Richard G. & Nordhaus, William D. & Pindyck, Robert S. & Pizer, William A. & Portney, Paul R. & , 2012. "How Should Benefits and Costs Be Discounted in an Intergenerational Context? The Views of an Expert Panel," RFF Working Paper Series dp-12-53, Resources for the Future.

    Cited by:

    1. Eric Fesselmeyer & Haoming Liu & Alberto Salvo, 2022. "Declining discount rates in Singapore's market for privately developed apartments," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 330-350, March.
    2. Sascha Kollenberg & Luca Taschini, 2016. "Emissions trading systems with cap adjustments," GRI Working Papers 195, Grantham Research Institute on Climate Change and the Environment.
    3. William Brock & Anastasios Xepapadeas, 2015. "Modeling Coupled Climate, Ecosystems, and Economic Systems," DEOS Working Papers 1508, Athens University of Economics and Business.
    4. Kersting, Jan & Duscha, Vicki & Weitzel, Matthias, 2017. "Cooperation on climate change under economic linkages: How the inclusion of macroeconomic effects affects stability of a global climate coalition," Open Access Publications from Kiel Institute for the World Economy 226353, Kiel Institute for the World Economy (IfW Kiel).
    5. Moritz Drupp & Mark Freeman & Ben Groom & Frikk Nesje, 2015. "Discounting disentangled: an expert survey on the determinants of the long-term social discount rate," GRI Working Papers 196a, Grantham Research Institute on Climate Change and the Environment.
    6. Moritz Drupp & Mark Freeman & Ben Groom & Frikk Nesje, 2015. "Discounting disentangled," GRI Working Papers 172, Grantham Research Institute on Climate Change and the Environment.
    7. Barrage, Lint, 2018. "Be careful what you calibrate for: Social discounting in general equilibrium," Journal of Public Economics, Elsevier, vol. 160(C), pages 33-49.
    8. Cees Withagen, 2019. "The Social Cost of Carbon and the Ramsey Rule," Working Papers 2019.16, FAERE - French Association of Environmental and Resource Economists.
    9. Moore, Mark A. & Boardman, Anthony E. & Vining, Aidan R., 2013. "More appropriate discounting: the rate of social time preference and the value of the social discount rate," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 4(1), pages 1-16, March.
    10. Bernard Lapeyre & Emile Quinet, 2017. "A Simple GDP-based Model for Public Investments at Risk," Post-Print hal-01666574, HAL.
    11. Tom Huppertz & Bo P. Weidema & Simon Standaert & Bernard De Caevel & Elisabeth van Overbeke, 2019. "The Social Cost of Sub-Soil Resource Use," Resources, MDPI, vol. 8(1), pages 1-17, January.
    12. Mark C. Freeman & Ben Groom, 2013. "How certain are we about the certainty-equivalent long term social discount rate?," GRI Working Papers 138, Grantham Research Institute on Climate Change and the Environment.
    13. Rautiainen, Aapo & Lintunen, Jussi, 2017. "Social Cost of Forcing: A Basis for Pricing All Forcing Agents," Ecological Economics, Elsevier, vol. 133(C), pages 42-51.
    14. Lugovoy, O. & Polbin, A., 2016. "On Intergenerational Distribution of the Burden of Greenhouse Gas Emissions," Journal of the New Economic Association, New Economic Association, vol. 31(3), pages 12-39.
    15. Knoke, Thomas & Paul, Carola & Härtl, Fabian, 2017. "A critical view on benefit-cost analyses of silvicultural management options with declining discount rates," Forest Policy and Economics, Elsevier, vol. 83(C), pages 58-69.
    16. Fesselmeyer, Eric & Liu, Haoming & Salvo, Alberto, 2016. "How Do Households Discount over Centuries? Evidence from Singapore's Private Housing Market," IZA Discussion Papers 9862, Institute of Labor Economics (IZA).
    17. Eli P. Fenichel & Matthew J. Kotchen & Ethan T. Addicott, 2017. "Even the Representative Agent Must Die: Using Demographics to Inform Long-Term Social Discount Rates," NBER Working Papers 23591, National Bureau of Economic Research, Inc.
    18. Warren, Liz & Seal, Will, 2018. "Using investment appraisal models in strategic negotiation: The cultural political economy of electricity generation," Accounting, Organizations and Society, Elsevier, vol. 70(C), pages 16-32.
    19. Cees Withagen, 2022. "On Simple Rules for the Social Cost of Carbon," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(2), pages 461-481, June.
    20. Bernard Lapeyre & Emile Quinet, 2017. "A Simple GDP-based Model for Public Investments at Risk," PSE-Ecole d'économie de Paris (Postprint) hal-01666574, HAL.

  18. Weitzman, Martin L., 2012. "The Ramsey Discounting Formula for a Hidden-State Stochastic Growth Process," Scholarly Articles 11204670, Harvard University Department of Economics.

    Cited by:

    1. Christoph Heinzel, 2014. "Term structure of discount rates under multivariate s-ordered consumption growth," Working Papers SMART 14-01, INRAE UMR SMART.
    2. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.
    3. Klaus Desmet & Robert E. Kopp & Scott A. Kulp & Dávid Krisztián Nagy & Michael Oppenheimer & Esteban Rossi-Hansberg & Benjamin H. Strauss, 2019. "Evaluating the Economic Cost of Coastal Flooding," Working Papers 1161, Barcelona School of Economics.
    4. Knoke, Thomas & Gosling, Elizabeth & Paul, Carola, 2020. "Use and misuse of the net present value in environmental studies," Ecological Economics, Elsevier, vol. 174(C).
    5. Newbery, David M., 2016. "Towards a green energy economy? The EU Energy Union’s transition to a low-carbon zero subsidy electricity system – Lessons from the UK’s Electricity Market Reform," Applied Energy, Elsevier, vol. 179(C), pages 1321-1330.
    6. Ian Bateman, 2013. "EAERE Award for the Best Paper Published in Environmental and Resource Economics During 2012," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(1), pages 1-2, September.
    7. Márta Somogyvári, 2018. "Ethical Aspects of Intertemporal Discounting and the Social Discount Rate," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 17(3), pages 109-132.
    8. Luo, Lanlan & Zou, Ziran & Chen, Shou, 2021. "Discounting for public-private partnership projects in China," Economic Modelling, Elsevier, vol. 98(C), pages 218-226.
    9. Lee Endress & James Roumasset & Christopher Wada, 2016. "Do Natural Disasters Make Sustainable Growth Impossible?," Working Papers 2016-12, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    10. Six, M. & Wirl, F., 2015. "Optimal pollution management when discount rates are endogenous," Resource and Energy Economics, Elsevier, vol. 42(C), pages 53-70.
    11. Knoke, Thomas & Paul, Carola & Härtl, Fabian, 2017. "A critical view on benefit-cost analyses of silvicultural management options with declining discount rates," Forest Policy and Economics, Elsevier, vol. 83(C), pages 58-69.
    12. Lanlan Luo & Shou Chen & Ziran Zou, 2020. "Determining the Generalized Discount Rate for Risky Projects," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(1), pages 143-158, September.

  19. Weitzman, Martin L., 2011. "Revisiting Fat-Tailed Uncertainty in the Economics of Climate Change," Scholarly Articles 11130443, Harvard University Department of Economics.

    Cited by:

    1. Kent D. Daniel & Robert B. Litterman & Gernot Wagner, 2016. "Applying Asset Pricing Theory to Calibrate the Price of Climate Risk," NBER Working Papers 22795, National Bureau of Economic Research, Inc.
    2. Robert S. Pindyck, 2016. "The Social Cost of Carbon Revisited," NBER Working Papers 22807, National Bureau of Economic Research, Inc.
    3. Chambers, Robert G. & Melkonyan, Tigran, 2017. "Ambiguity, reasoned determination, and climate-change policy," Journal of Environmental Economics and Management, Elsevier, vol. 81(C), pages 74-92.
    4. Kelly, David L. & Tan, Zhuo, 2015. "Learning and climate feedbacks: Optimal climate insurance and fat tails," Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 98-122.
    5. Marshall Burke & Melanie Craxton & Charles D. Kolstad & Chikara Onda, 2016. "Some Research Challenges In The Economics Of Climate Change," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 7(02), pages 1-14, May.

  20. Weitzman, Martin L., 2011. "Fat-Tailed Uncertainty in the Economics of Catastrophic Climate Change," Scholarly Articles 34728611, Harvard University Department of Economics.

    Cited by:

    1. Stern, Nicholas, 2018. "Public economics as if time matters: Climate change and the dynamics of policy," Journal of Public Economics, Elsevier, vol. 162(C), pages 4-17.
    2. Tack, Jesse, 2013. "A Nested Test for Common Yield Distributions with Applications to U.S. Corn," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 38(1), pages 1-14, April.
    3. Pycroft, Jonathan & Vergano, Lucia & Hope, Chris & Paci, Daniele & Ciscar, Juan Carlos, 2011. "A tale of tails: Uncertainty and the social cost of carbon dioxide," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 5, pages 1-29.
    4. Channing Arndt & Christian Friis Bach, 2011. "Foreign Assistance in a Climate-Constrained World," WIDER Working Paper Series wp-2011-066, World Institute for Development Economic Research (UNU-WIDER).
    5. Simon Levin & Anastasios Xepapadeas, 2020. "On the Co-evolution of Economic and Ecological Systems," DEOS Working Papers 2034, Athens University of Economics and Business.
    6. Richard S.J. Tol, 2018. "The impact of climate change and the social cost of carbon," Working Paper Series 1318, Department of Economics, University of Sussex Business School.
    7. Anastasios Xepapadeas, 2023. "Uncertainty and Climate Change: The IPCC approach vs Decision Theory," DEOS Working Papers 2315, Athens University of Economics and Business.
    8. David Anthoff & Richard S. J. Tol, 2021. "Testing the Dismal Theorem," CESifo Working Paper Series 8939, CESifo.
    9. Hassler, John & Krusell, Per & Olovsson, Conny, 2019. "The Consequences of Uncertainty: Climate Sensitivity and Economic Sensitivity to the Climate," Working Paper Series 369, Sveriges Riksbank (Central Bank of Sweden).
    10. Kent D. Daniel & Robert B. Litterman & Gernot Wagner, 2016. "Applying Asset Pricing Theory to Calibrate the Price of Climate Risk," NBER Working Papers 22795, National Bureau of Economic Research, Inc.
    11. Hjort, Ingrid, 2016. "Potential Climate Risks in Financial Markets: A Literature Overview," Memorandum 01/2016, Oslo University, Department of Economics.
    12. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.
    13. Francesco Lamperti & Giovanni Dosi & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2017. "Faraway, so close : coupled climate and economic dynamics in an agent-based integrated assessment model," Sciences Po publications info:hdl:2441/4hs7liq1f49, Sciences Po.
    14. Olijslagers, Stan & van der Ploeg, Frederick & van Wijnbergen, Sweder, 2023. "On current and future carbon prices in a risky world," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    15. Mathews, Shilpita & Surminski, Swenja & Roezer, Viktor, 2021. "The risk of corporate lock-in to future physical climate risks: the case of flood risk in England and Wales," LSE Research Online Documents on Economics 112801, London School of Economics and Political Science, LSE Library.
    16. Pablo Garcia Sanchez, 2022. "On climate tail risks," BCL working papers 164, Central Bank of Luxembourg.
    17. Tiziano De Angelis & Peter Tankov & Olivier David Zerbib, 2022. "Climate Impact Investing," Carlo Alberto Notebooks 676 JEL Classification: G, Collegio Carlo Alberto.
    18. Chichilnisky, Graciela & Chanel, Olivier, 2011. "Valuing Life: Experimental Evidence Using Sensitivity to Rare Events," MPRA Paper 86116, University Library of Munich, Germany, revised Oct 2011.
    19. Huuki, Hannu & Karhinen, Santtu & Böök, Herman & Ding, Chao & Ruokamo, Enni, 2021. "Residential solar power profitability with thermal energy storage and carbon-corrected electricity prices," Utilities Policy, Elsevier, vol. 68(C).
    20. Amnon Levy, 2011. "Emission-Photosynthesis Imbalance and Climate Change:Forest Land under Intensified Uncertainty and Expected Utility Maximization," Economics Working Papers wp11-08, School of Economics, University of Wollongong, NSW, Australia.
    21. William Brock & Anastasios Xepapadeas, 2015. "Modeling Coupled Climate, Ecosystems, and Economic Systems," DEOS Working Papers 1508, Athens University of Economics and Business.
    22. Robert S. Pindyck, 2016. "The Social Cost of Carbon Revisited," NBER Working Papers 22807, National Bureau of Economic Research, Inc.
    23. Chambers, Robert G. & Melkonyan, Tigran, 2017. "Ambiguity, reasoned determination, and climate-change policy," Journal of Environmental Economics and Management, Elsevier, vol. 81(C), pages 74-92.
    24. Sussman Fran & Weaver Christopher P. & Grambsch Anne, 2014. "Challenges in applying the paradigm of welfare economics to climate change," Journal of Benefit-Cost Analysis, De Gruyter, vol. 5(3), pages 347-376, December.
    25. Wagner, Gernot & Weitzman, Martin L., 2018. "Potentially large equilibrium climate sensitivity tail uncertainty," Economics Letters, Elsevier, vol. 168(C), pages 144-146.
    26. Walter Leal Filho & Robert Stojanov & Franziska Wolf & Newton R. Matandirotya & Christian Ploberger & Desalegn Y. Ayal & Fardous Mohammad Safiul Azam & Tareq Mohammed Ali AL-Ahdal & Rebecca Sarku & No, 2022. "Assessing Uncertainties in Climate Change Adaptation and Land Management," Land, MDPI, vol. 11(12), pages 1-15, December.
    27. Milad Eghtedari Naeini & Benjamin D. Leibowicz & J. Eric Bickel, 2020. "Can you trust a model whose output keeps changing? Interpreting changes in the social cost of carbon produced by the DICE model," Environment Systems and Decisions, Springer, vol. 40(3), pages 301-320, September.
    28. Benjamin Dennis, 2023. "Household, Bank, and Insurer Exposure to Miami Hurricanes: a flow-of-risk analysis," Finance and Economics Discussion Series 2023-013, Board of Governors of the Federal Reserve System (U.S.).
    29. Lomborg, Bjorn, 2020. "Welfare in the 21st century: Increasing development, reducing inequality, the impact of climate change, and the cost of climate policies," Technological Forecasting and Social Change, Elsevier, vol. 156(C).
    30. Andreas Makoto Hein & Jean-Baptiste Rudelle, 2020. "Energy Limits to the Gross Domestic Product on Earth," Working Papers hal-02570677, HAL.
    31. Mads Greaker & Michael Hoel & Knut Einar Rosendahl, 2014. "Does a Renewable Fuel Standard for Biofuels Reduce Climate Costs?," Working Papers 2014.32, Fondazione Eni Enrico Mattei.
    32. Howard, Peter & Sterner, Thomas, 2014. "Loaded DICE: Refining the Meta-analysis Approach to Calibrating Climate Damage Functions," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169952, Agricultural and Applied Economics Association.
    33. Fabien Prieur & Ingmar Schumacher & Martin Quaas, 2019. "Mitigation strategies under the threat of solar radiation management," Working Papers hal-04141891, HAL.
    34. Benjamin Jones & Michael Keen & Jon Strand, 2013. "Fiscal implications of climate change," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 20(1), pages 29-70, February.
    35. Matteo Gasparini & Peter Tufano, 2023. "The Evolving Academic Field of Climate Finance," Harvard Business School Working Papers 23-057, Harvard Business School.
    36. Bovari, Emmanuel & Lecuyer, Oskar & Mc Isaac, Florent, 2018. "Debt and damages: What are the chances of staying under the 2°C warming threshold?," International Economics, Elsevier, vol. 155(C), pages 92-108.
    37. Ilan Noy & Tomáš Uher, 2022. "Four New Horsemen of an Apocalypse? Solar Flares, Super-volcanoes, Pandemics, and Artificial Intelligence," Economics of Disasters and Climate Change, Springer, vol. 6(2), pages 393-416, July.
    38. Oustry Antoine & Erkan Bunyamin & Svartzman Romain & Weber Pierre-François, 2020. "Climate-related Risks and Central Banks’ Collateral Policy: a Methodological Experiment," Working papers 790, Banque de France.
    39. De Bruin, Kelly & Kiran Krishnamurthy, Chandra, 2021. "Optimal Climate Policy with Fat-tailed Uncertainty: What the Models Can Tell Us," Papers WP697, Economic and Social Research Institute (ESRI).
    40. Weitzman, Martin L., 2013. "A Precautionary Tale of Uncertain Tail Fattening," Scholarly Articles 12840806, Harvard University Department of Economics.
    41. Signe Krogstrup & William Oman, 2019. "Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature," IMF Working Papers 2019/185, International Monetary Fund.
    42. Channing Arndt & Finn Tarp, 2017. "Aid, Environment and Climate Change," Review of Development Economics, Wiley Blackwell, vol. 21(2), pages 285-303, May.
    43. Channing Arndt & Finn Tarp, 2015. "Climate change impacts and adaptations: lessons learned from the greater Zambeze River Valley and beyond," Climatic Change, Springer, vol. 130(1), pages 1-8, May.
    44. Tsigaris, Panagiotis & Wood, Joel, 2016. "A simple climate-Solow model for introducing the economics of climate change to undergraduate students," International Review of Economics Education, Elsevier, vol. 23(C), pages 65-81.
    45. Marco Letta & Richard S.J. Tol, 2016. "Weather, climate and total factor productivity," Working Paper Series 10216, Department of Economics, University of Sussex Business School.
    46. Nelson, Tim & Pascoe, Owen & Calais, Prabpreet & Mitchell, Lily & McNeill, Judith, 2019. "Efficient integration of climate and energy policy in Australia’s National Electricity Market," Economic Analysis and Policy, Elsevier, vol. 64(C), pages 178-193.
    47. Hocheol Jeon, 2019. "The Impact of Climate Change on Passenger Vehicle Fuel Consumption: Evidence from U.S. Panel Data," Energies, MDPI, vol. 12(23), pages 1-15, November.
    48. Ciarli, Tommaso & Savona, Maria, 2019. "Modelling the Evolution of Economic Structure and Climate Change: A Review," Ecological Economics, Elsevier, vol. 158(C), pages 51-64.
    49. Eric Kemp-Benedict & Jonathan Lamontagne & Timothy Laing & Crystal Drakes, 2019. "Climate Impacts on Capital Accumulation in the Small Island State of Barbados," Sustainability, MDPI, vol. 11(11), pages 1-23, June.
    50. Martin, Ian & Pindyck, R. S., 2015. "Averting catastrophes: the strange economics of Scylla and Charybdis," LSE Research Online Documents on Economics 62139, London School of Economics and Political Science, LSE Library.
    51. Eric Kemp-Benedict & Crystal Drakes & Nella Canales, 2020. "A Climate-Economy Policy Model for Barbados," Economies, MDPI, vol. 8(1), pages 1-21, February.
    52. Buchholz Wolfgang & Heindl Peter, 2015. "Ökonomische Herausforderungen des Klimawandels," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(4), pages 324-350, December.
    53. Surender Kumar & Madhu Khanna, 2019. "Temperature and Production Efficiency Growth: Empirical Evidence," Working papers 298, Centre for Development Economics, Delhi School of Economics.
    54. Bos, Frits & Zwaneveld, Peter, 2014. "Reële opties en de waarde van flexibiliteit bij natte infrastructuur [Real options analysis and the value of flexibility for (wet) infrastructure]," MPRA Paper 61506, University Library of Munich, Germany.
    55. Kelly, David L. & Tan, Zhuo, 2015. "Learning and climate feedbacks: Optimal climate insurance and fat tails," Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 98-122.
    56. Fei Teng & Frank Jotzo, 2014. "Reaping the Economic Benefits of Decarbonization for China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 22(5), pages 37-54, September.
    57. Feld, Lars P. & Schmidt, Christoph M. & Schnabel, Isabel & Truger, Achim & Wieland, Volker, 2019. "Aufbruch zu einer neuen Klimapolitik," Special Reports / Sondergutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, number 200981.
    58. Kalkuhl, Matthias & Brecha, Robert J., 2013. "The carbon rent economics of climate policy," Energy Economics, Elsevier, vol. 39(C), pages 89-99.
    59. Agliardi, Elettra & Agliardi, Rossella, 2021. "Pricing climate-related risks in the bond market," Journal of Financial Stability, Elsevier, vol. 54(C).
    60. Nicholas Stern, 2013. "Ethics, equity and the economics of climate change. Paper 2: Economics and Politics," GRI Working Papers 84b, Grantham Research Institute on Climate Change and the Environment.
    61. Bovari, Emmanuel & Giraud, Gaël & Mc Isaac, Florent, 2018. "Coping With Collapse: A Stock-Flow Consistent Monetary Macrodynamics of Global Warming," Ecological Economics, Elsevier, vol. 147(C), pages 383-398.
    62. Dominique Bureau & Alain Quinet & Katheline Schubert, 2020. "Cost-Benefit Analysis For Climate Action," Policy Papers 2020.03, FAERE - French Association of Environmental and Resource Economists.
    63. Bergquist, Ann-Kristin & Cole, Shawn A. & Ehrenfeld, John & King, Andrew A. & Schendler, Auden, 2019. "Understanding and Overcoming Roadblocks to Environmental Sustainability: Past Roads and Future Prospects," Business History Review, Cambridge University Press, vol. 93(1), pages 127-148, April.
    64. Weitzman, Martin L., 2014. "Fat Tails and the Social Cost of Carbon," Scholarly Articles 12992320, Harvard University Department of Economics.
    65. Chenet, Hugues & Ryan-Collins, Josh & van Lerven, Frank, 2021. "Finance, climate-change and radical uncertainty: Towards a precautionary approach to financial policy," Ecological Economics, Elsevier, vol. 183(C).
    66. Julie A. Nelson, 2011. "Ethics and the Economist: What Climate Change Demands of Us," GDAE Working Papers 11-02, GDAE, Tufts University.
    67. Emmanuel Bovari & Gaël Giraud & Florent McIsaac, 2018. "Carbon Pricing and Global Warming: A Stock-flow Consistent Macro-dynamic Approach," Working Paper 0a6be926-7c78-4aba-a60b-6, Agence française de développement.
    68. Gabriel E Lade & C-Y Cynthia Lin Lawell & Aaron Smith, 2018. "Designing Climate Policy: Lessons from the Renewable Fuel Standard and the Blend Wall," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 100(2), pages 585-599.
    69. Jaume Masoliver & Miquel Montero & Josep Perelló, 2021. "Jump-Diffusion Models for Valuing the Future: Discounting under Extreme Situations," Mathematics, MDPI, vol. 9(14), pages 1-26, July.
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    63. Engström, Gustav, 2016. "Structural and climatic change," Structural Change and Economic Dynamics, Elsevier, vol. 37(C), pages 62-74.
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    65. Kopp, Robert E. & Mignone, Bryan K., 2012. "The US government's social cost of carbon estimates after their first two years: Pathways for improvement," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 6, pages 1-41.
    66. William Brock & Anastasios Xepapadeas, 2019. "Regional Climate Policy under Deep Uncertainty," DEOS Working Papers 1901, Athens University of Economics and Business.
    67. Arvaniti, Maria, 2016. "Uncertainty, Extreme Outcomes and Climate Change: a critique," CERE Working Papers 2016:11, CERE - the Center for Environmental and Resource Economics.
    68. Andrei Bazhanov, 2012. "A Closed-Form Solution to Stollery’s Problem with Damage in Utility," Computational Economics, Springer;Society for Computational Economics, vol. 39(4), pages 365-386, April.

  22. Weitzman, Martin L., 2010. "Some Dynamic Economic Consequences of the Climate-Sensitivity Inference Dilemma," Scholarly Articles 33373347, Harvard University Department of Economics.

    Cited by:

    1. Luca Gerotto & Paolo Pellizzari, 2021. "A replication of Pindyck’s willingness to pay: on the efforts required to obtain results," SN Business & Economics, Springer, vol. 1(5), pages 1-25, May.

  23. Weitzman, Martin L., 2010. "Risk-adjusted gamma discounting," Scholarly Articles 33373344, Harvard University Department of Economics.

    Cited by:

    1. van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
    2. Gluzberg, Victor E. & Katz, Yuri A., 2019. "Planetary boundaries of consumption growth: Declining social discount rates," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 521(C), pages 362-374.
    3. Gollier, Christian, 2013. "A theory of rational short-termism with uncertain betas," TSE Working Papers 13-389, Toulouse School of Economics (TSE).
    4. Johansson-Stenman, Olof & Sterner, Thomas, 2013. "Discounting and Relative Consumption," Working Papers in Economics 559, University of Gothenburg, Department of Economics.
    5. Hjort, Ingrid, 2016. "Potential Climate Risks in Financial Markets: A Literature Overview," Memorandum 01/2016, Oslo University, Department of Economics.
    6. Aronsson, Thomas & Johansson-Stenman, Olof, 2014. "State-variable public goods and social comparisons," Journal of Environmental Economics and Management, Elsevier, vol. 68(2), pages 390-410.
    7. Gollier, Christian, 2012. "Evaluation of long-dated investments under uncertain growth trend, volatility and catastrophes," IDEI Working Papers 754, Institut d'Économie Industrielle (IDEI), Toulouse, revised Sep 2015.
    8. Knoke, Thomas & Gosling, Elizabeth & Paul, Carola, 2020. "Use and misuse of the net present value in environmental studies," Ecological Economics, Elsevier, vol. 174(C).
    9. Gollier, Christian, 2016. "Gamma discounters are short-termist," Journal of Public Economics, Elsevier, vol. 142(C), pages 83-90.
    10. Gollier, Christian, 2012. "Evaluation of long-dated assets : The role of parameter uncertainty," TSE Working Papers 12-361, Toulouse School of Economics (TSE), revised Sep 2015.
    11. Morgenroth, Edgar, 2011. "How Can We Improve Evaluation Methods for Public Infrastructure?," Papers EC2, Economic and Social Research Institute (ESRI).
    12. Zhu, Xueqin & Smulders, Sjak & de Zeeuw, Aart, 2019. "Discounting in the presence of scarce ecosystem services," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    13. Gollier, Christian, 2012. "Asset pricing with uncertain betas: A long-term perspective," IDEI Working Papers 752, Institut d'Économie Industrielle (IDEI), Toulouse.
    14. Boyarchenko, Svetlana & Levendorskii, Sergei, 2010. "Discounting when income is stochastic and climate change policies," MPRA Paper 27998, University Library of Munich, Germany.
    15. Rob Aalbers & Marjon Ruijter & Kees Oosterlee, 2014. "The social discount rate under a stochastic A2 scenario," CPB Discussion Paper 296, CPB Netherlands Bureau for Economic Policy Analysis.
    16. van der Ploeg, Frederick & Rezai, Armon, 2014. "Intergenerational inequality aversion, growth and the role of damages: Occam?s rule for the global carbon tax," CEPR Discussion Papers 10292, C.E.P.R. Discussion Papers.
    17. Munnich Vass, Miriam & Elofsson, Katarina, 2013. "Is forest sequestration at the expense of bioenergy and forest products cost-effective in EU climate policy to 2050?," Working Paper Series 2013:9, Swedish University of Agricultural Sciences, Department Economics.
    18. Yi-Ming Wei & Zhi-Fu Mi & Zhiming Huang, 2014. "Climate policy modeling: An online SCI-E and SSCI based literature review," CEEP-BIT Working Papers 58, Center for Energy and Environmental Policy Research (CEEP), Beijing Institute of Technology.
    19. Weitzman, Martin L., 2011. "Revisiting Fat-Tailed Uncertainty in the Economics of Climate Change," Scholarly Articles 11130443, Harvard University Department of Economics.
    20. Katz, Yuri A., 2017. "Value of the distant future: Model-independent results," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 466(C), pages 269-276.
    21. Rick Van der Ploeg & Armon Rezai, 2014. "Intergenerational inequality aversion, growth and the role of damages: Occam's rule for hte global carbon tax," OxCarre Working Papers 150, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    22. Lugovoy, O. & Polbin, A., 2016. "On Intergenerational Distribution of the Burden of Greenhouse Gas Emissions," Journal of the New Economic Association, New Economic Association, vol. 31(3), pages 12-39.
    23. Bond, Craig A. & Iverson, Terrence, 2011. "Modeling Information in Environmental Decision-Making," Western Economics Forum, Western Agricultural Economics Association, vol. 10(2), pages 1-17.
    24. Geoffrey Heal & Antony Millner, 2013. "Discounting under disagreement," GRI Working Papers 112, Grantham Research Institute on Climate Change and the Environment.
    25. Echazu Luciana & Nocetti Diego & Smith William T., 2012. "A New Look into the Determinants of the Ecological Discount Rate: Disentangling Social Preferences," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-44, April.
    26. Carl Koopmans & Piet Rietveld, 2013. "Long-term impacts of mega-projects: the discount rate," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 14, pages 313-332, Edward Elgar Publishing.
    27. Freeman, Mark C. & Groom, Ben, 2014. "Using equity premium survey data to estimate future wealth," LSE Research Online Documents on Economics 57161, London School of Economics and Political Science, LSE Library.
    28. Andrew Meyer, 2013. "Intertemporal Valuation of River Restoration," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(1), pages 41-61, January.
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    30. Lin, Zifei & Xu, Wei & Yue, Xiaole & Han, Qun, 2017. "Study on the effect of environmental pollution based on a fractional derivative resource depletion model," Chaos, Solitons & Fractals, Elsevier, vol. 104(C), pages 705-715.

  24. Christian Gollier & Martin L. Weitzman, 2009. "How Should the Distant Future be Discounted when Discount Rates are Uncertain?," CESifo Working Paper Series 2863, CESifo.

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    1. van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
    2. Traeger, Christian P., 2012. "What's the Rate? Disentangling the Weitzman and the Gollier Effect," CUDARE Working Papers 121932, University of California, Berkeley, Department of Agricultural and Resource Economics.
    3. Gollier, Christian, 2013. "A theory of rational short-termism with uncertain betas," TSE Working Papers 13-389, Toulouse School of Economics (TSE).
    4. Johansson-Stenman, Olof & Sterner, Thomas, 2013. "Discounting and Relative Consumption," Working Papers in Economics 559, University of Gothenburg, Department of Economics.
    5. Steve Newbold & Charles Griffiths & Christopher C. Moore & Ann Wolverton & Elizabeth Kopits, 2010. "The "Social Cost of Carbon" Made Simple," NCEE Working Paper Series 201007, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Aug 2010.
    6. Eric Fesselmeyer & Haoming Liu & Alberto Salvo, 2022. "Declining discount rates in Singapore's market for privately developed apartments," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 330-350, March.
    7. Kent D. Daniel & Robert B. Litterman & Gernot Wagner, 2016. "Applying Asset Pricing Theory to Calibrate the Price of Climate Risk," NBER Working Papers 22795, National Bureau of Economic Research, Inc.
    8. Hjort, Ingrid, 2016. "Potential Climate Risks in Financial Markets: A Literature Overview," Memorandum 01/2016, Oslo University, Department of Economics.
    9. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.
    10. Sigit Perdana & Rod Tyers, 2018. "Global climate change mitigation: Strategic incentives," CAMA Working Papers 2018-10, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    11. Rintaro Yamaguchi, 2019. "Intergenerational Discounting with Intragenerational Inequality in Consumption and the Environment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 957-972, August.
    12. Sascha Kollenberg & Luca Taschini, 2016. "Emissions trading systems with cap adjustments," GRI Working Papers 195, Grantham Research Institute on Climate Change and the Environment.
    13. Tiziano De Angelis & Peter Tankov & Olivier David Zerbib, 2022. "Climate Impact Investing," Carlo Alberto Notebooks 676 JEL Classification: G, Collegio Carlo Alberto.
    14. Tas Thamo & David J. Pannell & Marit E. Kragt & Michael J. Robertson & Maksym Polyakov, 2017. "Dynamics and the economics of carbon sequestration: common oversights and their implications," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 22(7), pages 1095-1111, October.
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    16. Hultkrantz, Lars & Krüger, Niclas & Mantalos , Panagiotis, 2012. "Risk-adjusted long term social rates of discount for transportation infrastructure investment," Working Papers 2012:14, Örebro University, School of Business.
    17. Loïc Berger & Johannes Emmerling, 2017. "Welfare as Simple(x) Equity Equivalents," Working Papers 2017.14, Fondazione Eni Enrico Mattei.
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    26. Thomas Eichner & Rüdiger Pethig, 2009. "Efficient management of insecure fossil fuel imports through taxing (!) domestic green energy?," Volkswirtschaftliche Diskussionsbeiträge 138-09, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.
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    37. Mikhail Pakhnin, 2021. "Collective Choice with Heterogeneous Time Preferences," CESifo Working Paper Series 9141, CESifo.
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    39. Gollier, Christian, 2016. "Gamma discounters are short-termist," Journal of Public Economics, Elsevier, vol. 142(C), pages 83-90.
    40. Frédéric Cherbonnier & Christian Gollier, 2022. "Risk-adjusted Social Discount Rates," Post-Print hal-04012977, HAL.
    41. Ram Fishman, 2019. "Heterogeneous Patience, Bargaining Power and Investment in Future Public Goods," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1101-1107, August.
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    44. Buchholz Wolfgang & Heindl Peter, 2015. "Ökonomische Herausforderungen des Klimawandels," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(4), pages 324-350, December.
    45. Martin L. Weitzman, 2012. "The Ramsey Discounting Formula for a Hidden-State Stochastic Growth Process," NBER Working Papers 18157, National Bureau of Economic Research, Inc.
    46. J. Bickel & Shubham Agrawal, 2013. "Reexamining the economics of aerosol geoengineering," Climatic Change, Springer, vol. 119(3), pages 993-1006, August.
    47. Christian Gollier, 2019. "A Personal Biography of Marty Weitzman," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(3), pages 943-947, November.
    48. Bård Harstad, 2013. "Investment Policy for Time-Inconsistent Discounters," CESifo Working Paper Series 4546, CESifo.
    49. Traeger, Christian P., 2013. "Discounting under uncertainty: Disentangling the Weitzman and the Gollier effect," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 573-582.
    50. Freeman, Mark C. & Groom, Ben, 2016. "How certain are we about the certainty-equivalent longterm social discount rate?," LSE Research Online Documents on Economics 67258, London School of Economics and Political Science, LSE Library.
    51. Anchugina, Nina & Ryan, Matthew & Slinko, Arkadii, 2019. "Mixing discount functions: Implications for collective time preferences," Mathematical Social Sciences, Elsevier, vol. 102(C), pages 1-14.
    52. Barrage, Lint, 2018. "Be careful what you calibrate for: Social discounting in general equilibrium," Journal of Public Economics, Elsevier, vol. 160(C), pages 33-49.
    53. Orlando Gomes & Alexandra Ferreira-Lopes & Tiago Sequeira, 2014. "Exponential discounting bias," Journal of Economics, Springer, vol. 113(1), pages 31-57, September.
    54. Gollier, Christian, 2012. "Asset pricing with uncertain betas: A long-term perspective," IDEI Working Papers 752, Institut d'Économie Industrielle (IDEI), Toulouse.
    55. Borissov, Kirill & Pakhnin, Mikhail & Puppe, Clemens, 2015. "On discounting and voting in a simple growth model," Working Paper Series in Economics 77, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    56. Cees Withagen, 2019. "The Social Cost of Carbon and the Ramsey Rule," Working Papers 2019.16, FAERE - French Association of Environmental and Resource Economists.
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    58. Serban Raicu & Mihaela Popa & Dorinela Costescu, 2022. "Uncertainties Influencing Transportation System Performances," Sustainability, MDPI, vol. 14(13), pages 1-15, June.
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    65. Hübler, Michael, 2015. "How Tourism Can Save Nature," Hannover Economic Papers (HEP) dp-551, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    66. Mallahi-Karai, Keivan & Safari, Pedram, 2018. "Future exchange rates and Siegel's paradox," Global Finance Journal, Elsevier, vol. 37(C), pages 168-172.
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    106. Kame Babilla, Thierry, 2014. "Food Price Volatility implications for Trade and Monetary Policy between Nigeria and CEMAC: a Bayesian DSGE model approach," Conference papers 332525, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
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    121. Ekeland, Ivar & Karp, Larry & Sumaila, Rashid, 2015. "Equilibrium resource management with altruistic overlapping generations," Journal of Environmental Economics and Management, Elsevier, vol. 70(C), pages 1-16.
    122. Larry S. Karp, 2012. "Provision of a Public Good with Altruistic Overlapping Generations and Many Tribes," CESifo Working Paper Series 3895, CESifo.
    123. Vasquez-Lavín, Felipe & Ponce Oliva, Roberto D. & Hernández, José Ignacio & Gelcich, Stefan & Carrasco, Moisés & Quiroga, Miguel, 2019. "Exploring dual discount rates for ecosystem services: Evidence from a marine protected area network," Resource and Energy Economics, Elsevier, vol. 55(C), pages 63-80.
    124. Traeger, Christian P., 2012. "What's the rate? Disentangling the Weitzman and the Gollier effect," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt88x3d1vw, Department of Agricultural & Resource Economics, UC Berkeley.
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    126. P. Polglase & A. Reeson & C. Hawkins & K. Paul & A. Siggins & J. Turner & D. Crawford & T. Jovanovic & T. Hobbs & K. Opie & J. Carwardine & A. Almeida, 2013. "Potential for forest carbon plantings to offset greenhouse emissions in Australia: economics and constraints to implementation," Climatic Change, Springer, vol. 121(2), pages 161-175, November.

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    1. Pycroft, Jonathan & Vergano, Lucia & Hope, Chris & Paci, Daniele & Ciscar, Juan Carlos, 2011. "A tale of tails: Uncertainty and the social cost of carbon dioxide," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 5, pages 1-29.
    2. Rick Van der Ploeg & Armon Rezai, 2013. "Abandoning Fossil Fuel: How Fast and How Much," OxCarre Working Papers 123, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    3. Alfred Endres & Tim Friehe, 2015. "The Compensation Regime in Liability Law: Incentives to Curb Environmental Harm, Ex Ante and Ex Post," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(1), pages 105-123, September.
    4. Olijslagers, Stan & van der Ploeg, Frederick & van Wijnbergen, Sweder, 2023. "On current and future carbon prices in a risky world," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    5. Hermann Held, 2019. "Cost Risk Analysis: Dynamically Consistent Decision-Making under Climate Targets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(1), pages 247-261, January.
    6. Martin L. Weitzman, 2009. "Risk-Adjusted Gamma Discounting," NBER Working Papers 15588, National Bureau of Economic Research, Inc.
    7. Robert S. Pindyck, 2010. "Modeling the Impact of Warming in Climate Change Economics," NBER Working Papers 15692, National Bureau of Economic Research, Inc.
    8. Richard S.J. Tol, 2012. "Targets for Global Climate Policy: An Overview," Working Paper Series 3712, Department of Economics, University of Sussex Business School.
    9. David Hendry, 2010. "Climate Change: Lessons for our Future from the Distant Past," Economics Series Working Papers 485, University of Oxford, Department of Economics.
    10. Weitzman, Martin L., 2012. "GHG Targets as Insurance Against Catastrophic Climate Damages," Scholarly Articles 11315435, Harvard University Department of Economics.
    11. Stern, David I., 2012. "Modeling international trends in energy efficiency," Energy Economics, Elsevier, vol. 34(6), pages 2200-2208.
    12. Pindyck, Robert S., 2012. "Uncertain outcomes and climate change policy," Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 289-303.
    13. Yu-Fu Chen & Michael Funke & Nicole Glanemann, 2011. "Time is Running Out: The 2°C Target and Optimal Climate Policies," CESifo Working Paper Series 3664, CESifo.
    14. Massetti, Emanuele & Ricci, Elena Claire, 2011. "Super-Grids and Concentrated Solar Power: A Scenario Analysis with the WITCH Model," Climate Change and Sustainable Development 108260, Fondazione Eni Enrico Mattei (FEEM).
    15. Boyarchenko, Svetlana & Levendorskii, Sergei, 2010. "Discounting when income is stochastic and climate change policies," MPRA Paper 27998, University Library of Munich, Germany.
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    24. Held, Hermann, 2020. "Cost Risk Analysisː How Robust Is It in View of Weitzman's Dismal Theorem and Undetermined Risk Functions?," WiSo-HH Working Paper Series 55, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
    25. Dellink, Rob & Finus, Michael, 2009. "Uncertainty and Climate Treaties: Does Ignorance Pay?," Stirling Economics Discussion Papers 2009-15, University of Stirling, Division of Economics.
    26. Millner, Antony, 2013. "On welfare frameworks and catastrophic climate risks," Journal of Environmental Economics and Management, Elsevier, vol. 65(2), pages 310-325.
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  26. Weitzman, Martin L., 2009. "On Modeling and Interpreting the Economics of Catastrophic Climate Change," Scholarly Articles 3693423, Harvard University Department of Economics.

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    1. Carmen Camacho & Agustín Pérez-Barahona, 2012. "Land use dynamics and the environment," Post-Print halshs-00674020, HAL.
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    3. William Oman & Romain Svartzman, 2021. "What Justifies Sustainable Finance Measures? Financial-Economic Interactions and Possible Implications for Policymakers," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 22(03), pages 03-11, May.
    4. Yoosoon Chang & Robert K. Kaufmann & Chang Sik Kim & J. Isaac Miller & Joon Y. Park & Sungkeun Park, 2015. "Time Series Analysis of Global Temperature Distributions: Identifying and Estimating Persistent Features in Temperature Anomalies," Working Papers 1513, Department of Economics, University of Missouri, revised 25 Jul 2016.
    5. Hirbod Assa & Alexander Zimper, 2017. "Preferences Over all Random Variables: Incompatibility of Convexity and Continuity," Working Papers 201714, University of Pretoria, Department of Economics.
    6. Hof, Andries F. & van Vuuren, Detlef P. & den Elzen, Michel G.J., 2010. "A quantitative minimax regret approach to climate change: Does discounting still matter?," Ecological Economics, Elsevier, vol. 70(1), pages 43-51, November.
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    8. Tamma Carleton & Michael Greenstone, 2021. "Updating the United States Government's Social Cost of Carbon," Working Papers 2021-04, Becker Friedman Institute for Research In Economics.
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    506. Paul Embrechts & Giovanni Puccetti & Ludger Rüschendorf & Ruodu Wang & Antonela Beleraj, 2014. "An Academic Response to Basel 3.5," Risks, MDPI, vol. 2(1), pages 1-24, February.
    507. Chavas, Jean-Paul & Shi, Guanming, 2015. "An Economic Analysis of Risk, Management, and Agricultural Technology," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 40(1), pages 1-17.
    508. Disa Asplund, 2017. "The temporal aspects of the social cost of greenhouse gases," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2017(3), pages 25-39.
    509. Kopp, Robert E. & Mignone, Bryan K., 2012. "The US government's social cost of carbon estimates after their first two years: Pathways for improvement," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 6, pages 1-41.
    510. Pradhan, Basanta K. & Ghosh, Joydeep, 2019. "Climate policy vs. agricultural productivity shocks in a dynamic computable general equilibrium (CGE) modeling framework: The case of a developing economy," Economic Modelling, Elsevier, vol. 77(C), pages 55-69.
    511. Lanlan Luo & Shou Chen & Ziran Zou, 2020. "Determining the Generalized Discount Rate for Risky Projects," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(1), pages 143-158, September.
    512. Nicholas Stern, 2013. "The Structure of Economic Modeling of the Potential Impacts of Climate Change: Grafting Gross Underestimation of Risk onto Already Narrow Science Models," Journal of Economic Literature, American Economic Association, vol. 51(3), pages 838-859, September.
    513. Buchholz, Wolfgang & Schymura, Michael, 2012. "Expected utility theory and the tyranny of catastrophic risks," Ecological Economics, Elsevier, vol. 77(C), pages 234-239.
    514. Ulf Holmberg, 2023. "Assessing the Short Term Macroeconomic Impact of the Net Zero Transition," International Journal of Economics and Financial Issues, Econjournals, vol. 13(4), pages 15-22, July.
    515. Gersbach, Hans & Hummel, Noemi, 2011. "Climate Policy and Developing Countries," CEPR Discussion Papers 8685, C.E.P.R. Discussion Papers.
    516. António R. Antunes & Bernardino Adão & João Valle e Azevedo & Nuno Lourenço & Miguel Gouveia, 2022. "Alterações climáticas e economia: uma introdução," Working Papers o202201, Banco de Portugal, Economics and Research Department.
    517. Cameron Hepburn & Greer Gosnell, 2014. "Evaluating impacts in the distant future: cost–benefit analysis, discounting and the alternatives," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 9, pages 140-159, Edward Elgar Publishing.
    518. Pindilli, Emily & Sleeter, Rachel & Hogan, Dianna, 2018. "Estimating the Societal Benefits of Carbon Dioxide Sequestration Through Peatland Restoration," Ecological Economics, Elsevier, vol. 154(C), pages 145-155.
    519. Owen Cotton‐Barratt & Max Daniel & Anders Sandberg, 2020. "Defence in Depth Against Human Extinction: Prevention, Response, Resilience, and Why They All Matter," Global Policy, London School of Economics and Political Science, vol. 11(3), pages 271-282, May.
    520. Masako Ikefuji & Roger Laeven & Jan Magnus & Chris Muris, 2014. "Expected Utility and Catastrophic Risk," Tinbergen Institute Discussion Papers 14-133/III, Tinbergen Institute.
    521. Li, Weijia & Roland, Gérard & Xie, Yang, 2020. "Erosion of state power, corruption control, and political stability," BOFIT Discussion Papers 5/2020, Bank of Finland Institute for Emerging Economies (BOFIT).
    522. Richard S. J. Tol, 2021. "Estimates of the social cost of carbon have increased over time," Papers 2105.03656, arXiv.org, revised Aug 2022.
    523. Boyce, James K., 2018. "Carbon Pricing: Effectiveness and Equity," Ecological Economics, Elsevier, vol. 150(C), pages 52-61.
    524. Stefano Balbi & Carlo Giupponi, 2009. "Reviewing agent-based modelling of socio-ecosystems: a methodology for the analysis of climate change adaptation and sustainability," Working Papers 2009_15, Department of Economics, University of Venice "Ca' Foscari".
    525. Jonathan M. Colmer & John L. Voorheis, 2024. "Microdata and the Valuation of Natural Capital," NBER Chapters, in: Measuring and Accounting for Environmental Public Goods: A National Accounts Perspective, National Bureau of Economic Research, Inc.
    526. Timothy Lenton & Juan-Carlos Ciscar, 2013. "Integrating tipping points into climate impact assessments," Climatic Change, Springer, vol. 117(3), pages 585-597, April.
    527. Simon Dietz, 2009. "High impact, low probability? An empirical analysis of risk in the economics of climate change," GRI Working Papers 9, Grantham Research Institute on Climate Change and the Environment.
    528. Randall, Alan, 2009. "We Already Have Risk Management - Do We Really Need the Precautionary Principle?," International Review of Environmental and Resource Economics, now publishers, vol. 3(1), pages 39-74, August.
    529. Adrian Vermeule, 2015. "Rationally Arbitrary Decisions in Administrative Law," The Journal of Legal Studies, University of Chicago Press, vol. 44(S2), pages 475-507.
    530. Hwang, In Chang & Tol, Richard S.J. & Hofkes, Marjan W., 2016. "Fat-tailed risk about climate change and climate policy," Energy Policy, Elsevier, vol. 89(C), pages 25-35.
    531. Irene Monasterolo, 2020. "Embedding Finance in the Macroeconomics of Climate Change: Research Challenges and Opportunities Ahead," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(04), pages 25-32, November.
    532. Arvaniti, Maria, 2016. "Uncertainty, Extreme Outcomes and Climate Change: a critique," CERE Working Papers 2016:11, CERE - the Center for Environmental and Resource Economics.
    533. Kounetas, Konstantinos & Zervopoulos, Panagiotis D., 2019. "A cross-country evaluation of environmental performance: Is there a convergence-divergence pattern in technology gaps?," European Journal of Operational Research, Elsevier, vol. 273(3), pages 1136-1148.
    534. López, Ramón E. & Yoon, Sang W., 2016. "Sustainable growth with irreversible stock effects of renewable resources," Economics Letters, Elsevier, vol. 147(C), pages 153-156.
    535. William Pizer, 2010. "Comment on "Environment and Energy: Catastrophic Liabilities from Nuclear Power Plants"," NBER Chapters, in: Measuring and Managing Federal Financial Risk, pages 257-260, National Bureau of Economic Research, Inc.
    536. In Chang Hwang & Richard S.J. Tol & Marjan W. Hofkes, 2013. "Tail-effect and the Role of Greenhouse Gas Emissions Control," Working Paper Series 6613, Department of Economics, University of Sussex Business School.
    537. Antony Millner & Simon Dietz & Geoffrey Heal, 2013. "Scientific Ambiguity and Climate Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 55(1), pages 21-46, May.
    538. Ruda Zhang & Patrick Wingo & Rodrigo Duran & Kelly Rose & Jennifer Bauer & Roger Ghanem, 2020. "Environmental Economics and Uncertainty: Review and a Machine Learning Outlook," Papers 2004.11780, arXiv.org.
    539. Mariam Thalos & Oliver Richardson, 2014. "Capitalization in the St. Petersburg game," Politics, Philosophy & Economics, , vol. 13(3), pages 292-313, August.
    540. Mongelli, Francesco Paolo & Pointner, Wolfgang & van den End, Jan Willem, 2022. "The effects of climate change on the natural rate of interest: a critical survey," Working Paper Series 2744, European Central Bank.
    541. Leila Davis & Peter Skott, 2011. "Positional goods, climate change and the social returns to investment," UMASS Amherst Economics Working Papers 2011-24, University of Massachusetts Amherst, Department of Economics.
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    543. Bachner, G. & Mayer, J. & Steininger, K.W. & Anger-Kraavi, A. & Smith, A. & Barker, T.S., 2020. "Uncertainties in macroeconomic assessments of low-carbon transition pathways - The case of the European iron and steel industry," Ecological Economics, Elsevier, vol. 172(C).
    544. Hamid Mohtadi & Bryan S. Weber, 2021. "Catastrophe And Rational Policy: Case Of National Security," Economic Inquiry, Western Economic Association International, vol. 59(1), pages 140-161, January.
    545. Ekholm, Tommi, 2018. "Climatic Cost-benefit Analysis Under Uncertainty and Learning on Climate Sensitivity and Damages," Ecological Economics, Elsevier, vol. 154(C), pages 99-106.
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    547. Michielsen, T.O., 2013. "Essays in environmental and resource economics," Other publications TiSEM 8dbb8d26-1ddd-4548-b02e-d, Tilburg University, School of Economics and Management.
    548. Simon Dietz & Anca N. Matei, 2013. "Is there space for agreement on climate change? A non-parametric approach to policy evaluation," GRI Working Papers 136, Grantham Research Institute on Climate Change and the Environment.
    549. Rob Dellink & Thijs Dekker & Janina Ketterer, 2013. "The Fatter the Tail, the Fatter the Climate Agreement," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(2), pages 277-305, October.

  27. Martin Weitzman, 2007. "Structural Uncertainty and the Value of Statistical Life in the Economics of Catastrophic Climate Change," NBER Working Papers 13490, National Bureau of Economic Research, Inc.

    Cited by:

    1. Kverndokk, Snorre & Nævdal, Eric & Nøstbakken, Linda, 2014. "The trade-off between intra- and intergenerational equity in climate policy," European Economic Review, Elsevier, vol. 69(C), pages 40-58.
    2. Roger Cooke, 2013. "Uncertainty analysis comes to integrated assessment models for climate change…and conversely," Climatic Change, Springer, vol. 117(3), pages 467-479, April.
    3. Quiggin, John, 2018. "The importance of ‘extremely unlikely’ events: tail risk and the costs of climate change," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 62(1), January.
    4. Stéphane Hallegatte & Fanny Henriet & Jan Corfee-Morlot, 2011. "The economics of climate change impacts and policy benefits at city scale: a conceptual framework," Post-Print hal-00716735, HAL.
    5. Geoffrey Heal, 2008. "Climate Economics: A Meta-Review and Some Suggestions," NBER Working Papers 13927, National Bureau of Economic Research, Inc.
    6. Nicolas Bouleau, 2009. "Mathematization of risks and economic studies in global change modelling," CIRED Working Papers halshs-00435959, HAL.
    7. Dannenberg, Astrid & Mennel, Tim & Osberghaus, Daniel & Sturm, Bodo, 2009. "The economics of adaptation to climate change: the case of Germany," ZEW Discussion Papers 09-057, ZEW - Leibniz Centre for European Economic Research.
    8. Majoma Albert & Mushaka Charles, 2023. "Climate Change Adaptation in Ward 13 of Gokwe North District – Zimbabwe: 2017-2021," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(1), pages 1482-1503, january.
    9. Shah Rome Khan & Muhammad Imran Khan & Dr. Sardar Javaid Iqbal Khan, 2023. "An Investigation into the Statistical Significance of Labor Force Longevity in Brick Kilns and Marble Industry: A Case Study of Peshawar," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 9(2), pages 679-688.
    10. Nicolas Bouleau, 2009. "Mathematization of risks and economic studies in global change modelling," Working Papers halshs-00435959, HAL.

  28. Weitzman, Martin & Gylfason, Thorvaldur, 2003. "Icelandic Fisheries Management: Fees versus Quotas," CEPR Discussion Papers 3849, C.E.P.R. Discussion Papers.

    Cited by:

    1. Thorvaldur Gylfason, 2004. "Monetary and Fiscal Management, Finance, and Growth," Economic Change and Restructuring, Springer, vol. 31(2), pages 71-91, June.
    2. Thorvaldur Gylfason, 2018. "From Natural Resources to Human Rights," CESifo Working Paper Series 7323, CESifo.
    3. Paul Hallwood, 2003. "Sustaining the Economic Rent of Oceanic Resources: The Case of Marine Protected Areas," Working papers 2003-20, University of Connecticut, Department of Economics.
    4. Thorvaldur Gylfason, 2011. "Natural Resource Endowment: A Mixed Blessing?," CESifo Working Paper Series 3353, CESifo.
    5. Thorvaldur Gylfason, 2018. "Political economy, Mr. Churchill, and natural resources," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 31(1), pages 23-34, May.
    6. Thorvaldur Gylfason & Jean-Pascal Nguessa Nganou, 2014. "Diversification, Dutch Disease, and Economic Growth: Options for Uganda," CESifo Working Paper Series 5095, CESifo.

  29. Asheim,G.B. & Weitzman,M.L., 2001. "Does NNP growth indicate welfare improvement?," Memorandum 02/2001, Oslo University, Department of Economics.

    Cited by:

    1. Nick Hanley & Louis Dupuy & Eoin McLaughlin, 2015. "Genuine Savings And Sustainability," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 779-806, September.
    2. Rick Van der Ploeg, 2008. "Why Do Many Resource-Rich Countries Have Negative Genuine Saving? Anticipation of better times for rapacious rent seeking," OxCarre Working Papers 010, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    3. John C. V. Pezzey, 2002. "Measuring Technical Progress in Gross and Net Products," Economics and Environment Network Working Papers 0202, Australian National University, Economics and Environment Network.
    4. Partha Sen, 2020. "Macroeconomics and the Environment: A Selective Survey," CESifo Working Paper Series 8159, CESifo.
    5. Li, Chuan Zhong & Löfgren, Karl-Gustaf, 2006. "Money Metrics Welfare Measures in Imperfect Markets under Growth," Umeå Economic Studies 694, Umeå University, Department of Economics.
    6. Geir Asheim & Taoyuan Wei, 2009. "Sectoral Income," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 42(1), pages 65-87, January.
    7. Cairns, Robert D. & Martinet, Vincent, 2021. "Growth and long-run sustainability," Environment and Development Economics, Cambridge University Press, vol. 26(4), pages 381-402, August.
    8. John C. V. Pezzey, 2002. "A One-sided Sustainability Test With Multiple Consumption Goods," Working Papers in Ecological Economics 0201, Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program.
    9. Simone Valente, 2005. "Genuine Dissaving and Optimal Growth," Others 0505009, University Library of Munich, Germany.
    10. Verchère, Alban, 2011. "Le développement durable en question : analyses économiques autour d’un improbable compromis entre acceptions optimiste et pessimiste du rapport de l’Homme à la Nature," L'Actualité Economique, Société Canadienne de Science Economique, vol. 87(3), pages 337-403, septembre.
    11. Hamilton, Kirk & Atkinson, Giles, 2013. "Resource discoveries, learning, and national income accounting," Policy Research Working Paper Series 6505, The World Bank.
    12. Li, Chuan-Zhong & Lofgren, Karl-Gustaf, 2006. "Comprehensive NNP, social welfare, and the rate of return," Economics Letters, Elsevier, vol. 90(2), pages 254-259, February.
    13. Asheim, Geir & Buchholz, Wolfgang, 2003. "A General Approach to Welfare Measurement through National Income Accounting," Memorandum 32/2002, Oslo University, Department of Economics.
    14. Geir Asheim, 2004. "Green national accounting with a changing population," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 23(3), pages 601-619, March.
    15. Asheim, Geir B. & Hartwick, John M., 2011. "Anomalies in green national accounting," Ecological Economics, Elsevier, vol. 70(12), pages 2303-2307.
    16. Geir B. Asheim, 2002. "Green National Accounting for Welfare and Sustainability: A Taxonomy of Assumptions and Results," CESifo Working Paper Series 827, CESifo.
    17. Duernecker, Georg & Herrendorf, Berthold & Valentinyi, Ákos, 2021. "The productivity growth slowdown and Kaldor’s growth facts," Journal of Economic Dynamics and Control, Elsevier, vol. 130(C).
    18. van der Ploeg, Frederick, 2008. "Genuine Saving and the Voracity Effect," CEPR Discussion Papers 6831, C.E.P.R. Discussion Papers.
    19. Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2002. "On the Choice of Metrics in Dynamic Welfare Analysis: Utility versus Money Measures," Umeå Economic Studies 590, Umeå University, Department of Economics.
    20. Pezzey, John C.V. & Hanley, Nick & Turner, Karen & Tinch, Dugald, 2006. "Comparing augmented sustainability measures for Scotland: Is there a mismatch?," Ecological Economics, Elsevier, vol. 57(1), pages 60-74, April.
    21. Atkinson, Giles & Hamilton, Kirk, 2020. "Sustaining wealth: Simulating a sovereign wealth fund for the UK's oil and gas resources, past and future," Energy Policy, Elsevier, vol. 139(C).
    22. Hassan, Rashid & Ngwenya, Phindile, 2006. "Valuing forest services missing from the national accounts: The contribution of cultivated forests to wealth accumulation in Swaziland," Forest Policy and Economics, Elsevier, vol. 9(3), pages 249-260, December.
    23. Asheim, Geir B., 2005. "Can NNP be used for welfare comparisons?," Memorandum 24/2005, Oslo University, Department of Economics.
    24. Gnègnè, Yacouba, 2009. "Adjusted net saving and welfare change," Ecological Economics, Elsevier, vol. 68(4), pages 1127-1139, February.
    25. Hallegatte, Stephane & Heal, Geoffrey & Fay, Marianne & Treguer, David, 2011. "From growth to green growth -- a framework," Policy Research Working Paper Series 5872, The World Bank.
    26. Glenn-Marie Lange, 2014. "Environmental accounting," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 21, pages 319-335, Edward Elgar Publishing.
    27. Jorge Durán & Omar Licandro, 2022. "Is the Output Growth Rate in NIPA a Welfare Measure?," Working Papers 1357, Barcelona School of Economics.
    28. Asheim, Geir B. & Hartwick, John M. & Mitra, Tapan, 2021. "Investment rules and time invariance under population growth," Journal of Economic Dynamics and Control, Elsevier, vol. 123(C).
    29. Geir B. Asheim, 2010. "Global welfare comparisons," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 43(4), pages 1412-1432, November.
    30. Karl-Göran Mäler, 2008. "Sustainable Development and Resilience in Ecosystems," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 39(1), pages 17-24, January.
    31. Olfa JABALLI & Sebnem SAHIN, 2010. "Green Accounting and Climate Change Problem: A New Evidence from the Turkish Economy," EcoMod2004 330600071, EcoMod.
    32. John C. V. Pezzey, 2001. "Sustainability Policy and Environmental Policy," Economics and Environment Network Working Papers 0104, Australian National University, Economics and Environment Network.
    33. Gancho Todorov Ganchev, 2010. "On the Utility of Money," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 32-60.
    34. Kumar Debasis Dutta & Mallika Saha, 2023. "Does financial development cause sustainable development? A PVAR approach," Economic Change and Restructuring, Springer, vol. 56(2), pages 879-917, April.
    35. Olfa Jaballi & Sebnem Sahin, 2005. "Towards sustainable lignite consumption in Turkey and a welfare analysis," Cahiers de la Maison des Sciences Economiques v05039, Université Panthéon-Sorbonne (Paris 1).
    36. Mohajan, Haradhan, 2011. "The Real Net National Product in Sustainable Development," MPRA Paper 50675, University Library of Munich, Germany, revised 20 Apr 2011.
    37. John C. V. Pezzey, 2002. "One-sided Unsustainability Tests and NNP Measurement with Multiple Consumption Goods," Economics and Environment Network Working Papers 0208, Australian National University, Economics and Environment Network.
    38. Rick Van der Ploeg, 2008. "Natural Resources: Curse or Blessing?," OxCarre Working Papers 005, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    39. Atkinson, Giles & Hamilton, Kirk, 2020. "Sustaining wealth: simulating a sovereign wealth fund for the UK’s oil and gas resources, past and future," LSE Research Online Documents on Economics 103564, London School of Economics and Political Science, LSE Library.
    40. Giles Atkinson & Kirk Hamilton, 2007. "Progress along the path: evolving issues in the measurement of genuine saving," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(1), pages 43-61, May.
    41. Heijnen, P., 2008. "The Hartwick rule as a conservation law," CeNDEF Working Papers 08-11, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    42. Rodriguez-Gonzalez, Pablo T. & Rico-Martinez, Ramiro & Rico-Ramirez, Vicente, 2018. "An integrated stochastic economic-ecological-social model with stratified-population," Ecological Modelling, Elsevier, vol. 368(C), pages 15-26.
    43. Hoff, Jens V. & Rasmussen, Martin M.B. & Sørensen, Peter Birch, 2021. "Barriers and opportunities in developing and implementing a Green GDP," Ecological Economics, Elsevier, vol. 181(C).
    44. Mota, Rui Pedro & Domingos, Tiago & Martins, Victor, 2008. "Analysis of green net national product and genuine saving in Portugal, 1991 - 2005," MPRA Paper 13347, University Library of Munich, Germany.
    45. Hamilton,Kirk E., 2013. "Biodiversity and national accounting," Policy Research Working Paper Series 6441, The World Bank.
    46. Tsur, Yacov & Zemel, Amos, 2006. "Welfare measurement under threats of environmental catastrophes," Journal of Environmental Economics and Management, Elsevier, vol. 52(1), pages 421-429, July.
    47. Lucas Bretschger & Simone Valente, 2011. "International trade and net investment: theory and evidence," International Economics and Economic Policy, Springer, vol. 8(2), pages 197-224, June.
    48. Kirk Hamilton, 2016. "Measuring Sustainability in the UN System of Environmental-Economic Accounting," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(1), pages 25-36, May.
    49. Ossama Mikhail & J. Walter Milon & Richard Hofler, 2005. "Is Investment in Environmental Quality a Solution to Recessions? Studying the Welfare Effects of Green Animal Spirits," Others 0510010, University Library of Munich, Germany.
    50. Hamilton, Kirk, 2005. "Testing genuine saving," Policy Research Working Paper Series 3577, The World Bank.
    51. Manel Kamoun & Ines Abdelkafi & Abdelfetah Ghorbel, 2019. "The Impact of Renewable Energy on Sustainable Growth: Evidence from a Panel of OECD Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(1), pages 221-237, March.
    52. Randall, Alan, 2008. "Is Australia on a sustainability path? Interpreting the clues," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 52(1), pages 1-19.
    53. Emmanuel Thibault, 2017. "Is GDP a Relevant Social Welfare Indicator? A Savers–Spenders Theory Approach," The Japanese Economic Review, Japanese Economic Association, vol. 68(3), pages 333-351, September.
    54. Robert D. Cairns, 2011. "Accounting for Sustainability: A Dissenting Opinion," Sustainability, MDPI, vol. 3(9), pages 1-16, August.
    55. Geir B. Asheim & Rintaro Yamaguchi, 2023. "Comprehensive National Accounting for Carbon Emissions," CESifo Working Paper Series 10562, CESifo.
    56. Aloys Prinz & Björn Bünger, "undated". "Living in a material world: Happy Income and Happy Life Years," Working Papers 200116, Institute of Spatial and Housing Economics, Munster Universitary.
    57. Bridgman, Benjamin, 2018. "Is Labor'S Loss Capital'S Gain? Gross Versus Net Labor Shares," Macroeconomic Dynamics, Cambridge University Press, vol. 22(8), pages 2070-2087, December.
    58. Partha Dasgupta, 2009. "The Welfare Economic Theory of Green National Accounts," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 42(1), pages 3-38, January.
    59. Kirk Hamilton & Giovanni Ruta, 2009. "Wealth Accounting, Exhaustible Resources and Social Welfare," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 42(1), pages 53-64, January.
    60. Winkler, Ralph, 2006. "Valuation of ecosystem goods and services: Part 2: Implications of unpredictable novel change," Ecological Economics, Elsevier, vol. 59(1), pages 94-105, August.
    61. Pezzey, J.C.V.John C. V., 2004. "One-sided sustainability tests with amenities, and changes in technology, trade and population," Journal of Environmental Economics and Management, Elsevier, vol. 48(1), pages 613-631, July.
    62. Frederick Ploeg, 2011. "Rapacious Resource Depletion, Excessive Investment and Insecure Property Rights: A Puzzle," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(1), pages 105-128, January.
    63. Bekmez, Selahattin & Gokalp, M. Faysal, 2004. "Trade Liberalization and Pollution in Turkey: An Empirical Re-evaluation of Pollution Heavens Hypothesis," Conference papers 331273, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    64. Mota, Rui Pedro & Domingos, Tiago & Martins, Victor, 2010. "Analysis of genuine saving and potential green net national income: Portugal, 1990-2005," Ecological Economics, Elsevier, vol. 69(10), pages 1934-1942, August.
    65. Heal, Geoffrey & Kristrom, Bengt, 2008. "A note on national income in a dynamic economy," Economics Letters, Elsevier, vol. 98(1), pages 2-8, January.
    66. Asheim, Geir B., 2008. "Paradoxical consumption behavior when economic activity has environmental effects," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 529-546, March.
    67. Mota, Rui Pedro & Domingos, Tiago, 2013. "Assessment of the theory of comprehensive national accounting with data for Portugal," Ecological Economics, Elsevier, vol. 95(C), pages 188-196.
    68. Kirk Hamilton & Esther Naikal, 2014. "Genuine saving as an indicator of sustainability," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 22, pages 336-347, Edward Elgar Publishing.

  30. Weitzman, Martin L., 2000. "Economic Profitability Versus Ecological Entropy," Scholarly Articles 3693703, Harvard University Department of Economics.

    Cited by:

    1. William Brock & Anastasios Xepapadeas, 2001. "Valuing Biodiversity from an Economic Perspective: A Unified Economic, Ecological and Genetic Approach," Working Papers 0102, University of Crete, Department of Economics.
    2. David A. Hennessy, 2005. "Informed Control Over Inputs and Extent of Industrial Processing," Center for Agricultural and Rural Development (CARD) Publications 05-wp398, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    3. Wenjuan Cheng & Alessio D'Amato & Giacomo Pallante, 2018. "Benefit sharing mechanisms for agricultural genetic diversity use and in-situ conservation," SEEDS Working Papers 1018, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised May 2018.
    4. Timo Goeschl & Timothy Swanson, 2003. "On Biology and Technology: The Economics of Managing Biotechnologies," Working Papers 2003.42, Fondazione Eni Enrico Mattei.
    5. Lanz, Bruno & Dietz, Simon & Swanson, Tim, 2018. "The Expansion of Modern Agriculture and Global Biodiversity Decline: An Integrated Assessment," Ecological Economics, Elsevier, vol. 144(C), pages 260-277.
    6. Bruno Lanz & Simon Dietz & Tim Swanson, 2016. "Economic growth and agricultural land conversion under uncertain productivity improvements in agriculture," GRI Working Papers 240, Grantham Research Institute on Climate Change and the Environment.
    7. Farnsworth, K.D. & Adenuga, A.H. & de Groot, R.S., 2015. "The complexity of biodiversity: A biological perspective on economic valuation," Ecological Economics, Elsevier, vol. 120(C), pages 350-354.
    8. Jouni Korhonen, 2008. "Reconsidering the Economics Logic of Ecological Modernization," Environment and Planning A, , vol. 40(6), pages 1331-1346, June.
    9. Françoise Benhamou & Stéphanie Peltier, 2007. "How should cultural diversity be measured? An application using the French publishing industry," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 31(2), pages 85-107, June.
    10. Cecilia Bellora & Jean-Marc Bourgeon, 2014. "Agricultural Trade, Biodiversity Effects and Food Price Volatility," Working Papers hal-01052971, HAL.
    11. Cecilia Bellora & Jean-Marc Bourgeon, 2017. "Food Trade, Biodiversity Effects and Price Volatility," Working Papers hal-01669332, HAL.
    12. Cecilia Bellora & Elodie Blanc & Jean-Marc Bourgeon & Eric Strobl, 2019. "Estimating the impact of crop diversity on agricultural productivity in South Africa [Estimation de l’impact de la diversité des cultures sur la productivité agricole en Afrique du Sud]," Post-Print hal-02968141, HAL.
    13. Admiraal, Jeroen F. & Wossink, Ada & de Groot, Wouter T. & de Snoo, Geert R., 2013. "More than total economic value: How to combine economic valuation of biodiversity with ecological resilience," Ecological Economics, Elsevier, vol. 89(C), pages 115-122.
    14. Korhonen, Jouni & Snäkin, Juha-Pekka, 2015. "Quantifying the relationship of resilience and eco-efficiency in complex adaptive energy systems," Ecological Economics, Elsevier, vol. 120(C), pages 83-92.
    15. Emmanuelle Augeraud-Véron & Giorgio Fabbri & Katheline Schubert, 2017. "The Value of Biodiversity as an Insurance Device," Working Papers halshs-01493965, HAL.
    16. Jouni Korhonen, 2002. "The dominant economics paradigm and corporate social responsibility," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 9(1), pages 66-79, March.
    17. Polasky, Stephen & Costello, Christopher & Solow, Andrew, 2005. "The Economics of Biodiversity," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 3, chapter 29, pages 1517-1560, Elsevier.
    18. Rong-Gang Cong & Mette Termansen & Mark V. Brady, 2017. "Managing soil natural capital: a prudent strategy for adapting to future risks," Annals of Operations Research, Springer, vol. 255(1), pages 439-463, August.
    19. Lim, Terence & Lo, Andrew W. & Merton, Robert C. & Scholes, Myron S., 2006. "The Derivatives Sourcebook," Foundations and Trends(R) in Finance, now publishers, vol. 1(5–6), pages 365-572, April.
    20. Bartkowski, Bartosz & Lienhoop, Nele & Hansjürgens, Bernd, 2015. "Capturing the complexity of biodiversity: A critical review of economic valuation studies of biological diversity," Ecological Economics, Elsevier, vol. 113(C), pages 1-14.
    21. Benito-Ostolaza, J.M. & Ezcurra, R. & Osés-Eraso, N., 2014. "Negative externalities in cropping decisions: Private versus common land," Ecological Economics, Elsevier, vol. 105(C), pages 185-192.
    22. Jouni Korhonen & Thomas P. Seager, 2008. "Beyond eco‐efficiency: a resilience perspective," Business Strategy and the Environment, Wiley Blackwell, vol. 17(7), pages 411-419, November.
    23. Martey, Edward, 2022. "Empirical analysis of crop diversification and energy poverty in Ghana," Energy Policy, Elsevier, vol. 165(C).
    24. Bertram, Christine, 2010. "Integrating biodiversity indices into a multi-species optimal control model," Kiel Working Papers 1662, Kiel Institute for the World Economy (IfW Kiel).
    25. Fabio G., Santeramo & Ilaria, Russo & Emilia, Lamonaca, 2022. "Italian subsidised crop insurance: what the role of policy changes," MPRA Paper 115299, University Library of Munich, Germany.
    26. Timo Goeschl & Timothy Swanson, 2002. "The Social Value of Biodiversity for R&D," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 22(4), pages 477-504, August.
    27. Sarr, Mare & Goeschl, Timo & Swanson, Tim, 2008. "The value of conserving genetic resources for R&D: A survey," Ecological Economics, Elsevier, vol. 67(2), pages 184-193, September.
    28. Silvio Franco & Barbara Pancino & Angelo Martella & Tommaso De Gregorio, 2022. "Assessing the Presence of a Monoculture: From Definition to Quantification," Agriculture, MDPI, vol. 12(9), pages 1-10, September.
    29. Bareille, François & Dupraz, Pierre, 2016. "Biodiversity productive effects in milk farms of western France: a multi-output primal system," 149th Seminar, October 27-28, 2016, Rennes, France 244774, European Association of Agricultural Economists.
    30. Cecilia Bellora & Jean-Marc Bourgeon, 2014. "Agricultural Trade, Biodiversity Effects and Food Price Volatility," Working Papers hal-00969083, HAL.
    31. Baumgartner, Stefan & Becker, Christian & Faber, Malte & Manstetten, Reiner, 2006. "Relative and absolute scarcity of nature. Assessing the roles of economics and ecology for biodiversity conservation," Ecological Economics, Elsevier, vol. 59(4), pages 487-498, October.
    32. Heikkila, Jaakko, 2006. "Economics of invasive alien species: pre-emptive versus reactive control," Discussion Papers 11865, MTT Agrifood Research Finland.
    33. Matsushita, Kyohei & Yamane, Fumihiro & Asano, Kota, 2016. "Linkage between crop diversity and agro-ecosystem resilience: Nonmonotonic agricultural response under alternate regimes," Ecological Economics, Elsevier, vol. 126(C), pages 23-31.
    34. Béné, C. & Doyen, L., 2008. "Contribution values of biodiversity to ecosystem performances: A viability perspective," Ecological Economics, Elsevier, vol. 68(1-2), pages 14-23, December.
    35. Frederic Ang & Simon M. Mortimer & Francisco J. Areal & Richard Tiffin, 2018. "On the Opportunity Cost of Crop Diversification," Journal of Agricultural Economics, Wiley Blackwell, vol. 69(3), pages 794-814, September.

  31. Weitzman, Martin L., 1999. "Pricing the Limits to Growth from Minerals Depletion," Scholarly Articles 3708467, Harvard University Department of Economics.

    Cited by:

    1. Tsur, Yacov & Zemel, Amos, 2005. "Scarcity, growth and R&D," Journal of Environmental Economics and Management, Elsevier, vol. 49(3), pages 484-499, May.
    2. M. del Mar Rubio, 2003. "The capital gains from trade are not enough: Evidence from the environmental accounts of Venezuela and Mexico," Economics Working Papers 689, Department of Economics and Business, Universitat Pompeu Fabra.
    3. Klaas Lenaerts & Simone Tagliapietra & Guntram B. Wolff, 2022. "The Global Quest for Green Growth: An Economic Policy Perspective," Sustainability, MDPI, vol. 14(9), pages 1-14, May.
    4. Eoin McLaughlin & Cristián Ducoing & Les Oxley, 2024. "Tracing Sustainability in the Long Run: Genuine Savings Estimates 1850–2018," NBER Chapters, in: Measuring and Accounting for Environmental Public Goods: A National Accounts Perspective, National Bureau of Economic Research, Inc.
    5. Mideksa, Torben K., 2013. "The economic impact of natural resources," Journal of Environmental Economics and Management, Elsevier, vol. 65(2), pages 277-289.
    6. Asheim, Geir B. & Hartwick, John M., 2011. "Anomalies in green national accounting," Ecological Economics, Elsevier, vol. 70(12), pages 2303-2307.
    7. Harris, Michael & Pearson, Leonie J., 2004. "Using 'Inclusive Wealth' to Measure and Model Sustainable Development in Australia: A working example," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58457, Australian Agricultural and Resource Economics Society.
    8. Ayres, Robert U., 2008. "Sustainability economics: Where do we stand?," Ecological Economics, Elsevier, vol. 67(2), pages 281-310, September.
    9. Farhad Nili & Gabriel Talmain, "undated". "Rent-seeking, Occupational Choice and Oil Boom," Discussion Papers 01/11, Department of Economics, University of York.
    10. Simon, György, 2001. "Növekedési mechanizmus - növekedési modell [Growth mechanism - growth model]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 185-202.
    11. William A. Brock & M. Scott Taylor, 2004. "Economic Growth and the Environment: A Review of Theory and Empirics," NBER Working Papers 10854, National Bureau of Economic Research, Inc.
    12. Matthias Blum & Cristián Ducoing & Eoin McLaughlin, 2016. "Genuine Savings in developing and developed countries, 1900-2000," Discussion Papers in Environment and Development Economics 2016-15, University of St. Andrews, School of Geography and Sustainable Development.
    13. Eskeland, Gunnar S., 2013. "Leadership in Climate Policy: Is there a case for Early Unilateral Unconditional Emission Reductions?," Discussion Papers 2013/6, Norwegian School of Economics, Department of Business and Management Science.
    14. M. del Mar Rubio Varas, 2005. "Value and depreciation of mineral resources over the very long run: An empirical contrast of different methods," Economics Working Papers 867, Department of Economics and Business, Universitat Pompeu Fabra.
    15. Martin Stuermer, 2022. "Non-renewable resource extraction over the long term: empirical evidence from global copper production," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 35(3), pages 617-625, December.
    16. Martin Stuermer & Maxwell Fleming & Ian Lange & Sayeh Shojaeinia, 2023. "Growth and Resources in Space: Pushing the Final Frontier?," Working Papers 2023-02, Colorado School of Mines, Division of Economics and Business.
    17. Boyce, John R., 2019. "The paradox of value, directed technical change, and the relative abundance of the chemical elements," Resource and Energy Economics, Elsevier, vol. 58(C).
    18. Hendrik Van den Berg, 2012. "Explaining neoclassical economists' pro-growth agenda: does the popular Solow growth model bias economic analysis?," International Journal of Pluralism and Economics Education, Inderscience Enterprises Ltd, vol. 3(1), pages 40-62.
    19. Garmendia, E. & Prellezo, R. & Murillas, A. & Escapa, M. & Gallastegui, M., 2010. "Weak and strong sustainability assessment in fisheries," Ecological Economics, Elsevier, vol. 70(1), pages 96-106, November.

  32. Martin L Weitzman, 1999. "A Contribution to the Theory of Welfare Comparisons," Harvard Institute of Economic Research Working Papers 1864, Harvard - Institute of Economic Research.

    Cited by:

    1. Nicholas Oulton, 2004. "Productivity Versus Welfare; Or GDP Versus Weitzman's NDP," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 50(3), pages 329-355, September.
    2. John Hartwick, 2001. "National Accounting with Natural and Other Types of Capital," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(4), pages 329-341, August.

  33. Martin L. Weitzman, 1998. "Gamma Discounting," Harvard Institute of Economic Research Working Papers 1843, Harvard - Institute of Economic Research.

    Cited by:

    1. Price, Colin, 2018. "Declining discount rate and the social cost of carbon: Forestry consequences," Journal of Forest Economics, Elsevier, vol. 31(C), pages 39-45.
    2. Johan Eyckmans & Michael Finus, 2003. "New Roads to International Environmental Agreements: The Case of Global Warming," Energy, Transport and Environment Working Papers Series ete0318, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    3. van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
    4. Pizer, William A. & Kopp, Raymond J., 2003. "Calculating the Costs of Environmental Regulation," Discussion Papers 10762, Resources for the Future.
    5. Hepburn, Cameron & Groom, Ben, 2007. "Gamma discounting and expected net future value," Journal of Environmental Economics and Management, Elsevier, vol. 53(1), pages 99-109, January.
    6. Chiaki Hara, 2019. "Heterogeneous Impatience of Individual Consumers and Decreasing Impatience of the Representative Consumer," KIER Working Papers 1009, Kyoto University, Institute of Economic Research.
    7. Maria Sandsmark & Haakon Vennemo, 2007. "A portfolio approach to climate investments: CAPM and endogenous risk," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(4), pages 681-695, August.
    8. Szekeres, Szabolcs, 2020. "Checking the Evidence for Declining Discount Rates," MPRA Paper 102233, University Library of Munich, Germany.
    9. Hof, Andries F. & van Vuuren, Detlef P. & den Elzen, Michel G.J., 2010. "A quantitative minimax regret approach to climate change: Does discounting still matter?," Ecological Economics, Elsevier, vol. 70(1), pages 43-51, November.
    10. David F. Burgess & Richard O. Zerbe, 2013. "Appropriate discounting for benefit–cost analysis," Chapters, in: Scott O. Farrow & Richard Zerbe, Jr. (ed.), Principles and Standards for Benefit–Cost Analysis, chapter 7, pages 247-263, Edward Elgar Publishing.
    11. Gluzberg, Victor E. & Katz, Yuri A., 2019. "Planetary boundaries of consumption growth: Declining social discount rates," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 521(C), pages 362-374.
    12. Beddock, Arthur, 2021. "Asset pricing with heterogeneous agents and non-normal return distributions," Other publications TiSEM eeaf2925-4cc0-4fe1-8008-6, Tilburg University, School of Economics and Management.
    13. Simon Levin & Anastasios Xepapadeas, 2020. "On the Co-evolution of Economic and Ecological Systems," DEOS Working Papers 2034, Athens University of Economics and Business.
    14. GOLLIER Christian, 2008. "Expected net present value, expected net future value, and the Ramsey rule," LERNA Working Papers 08.29.273, LERNA, University of Toulouse.
    15. Grant G. Thompson & Lynn A. Maguire & Tracey J. Regan, 2018. "Evaluation of Two Approaches to Defining Extinction Risk under the U.S. Endangered Species Act," Risk Analysis, John Wiley & Sons, vol. 38(5), pages 1009-1035, May.
    16. Michael, Jeffrey A., 2007. "Episodic flooding and the cost of sea-level rise," Ecological Economics, Elsevier, vol. 63(1), pages 149-159, June.
    17. Steve Newbold & Charles Griffiths & Christopher C. Moore & Ann Wolverton & Elizabeth Kopits, 2010. "The "Social Cost of Carbon" Made Simple," NCEE Working Paper Series 201007, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Aug 2010.
    18. Helene Gomes & Luc Doyen & Fabian Blanchard & Adrien Lagarde, 2021. "Viable and ecosystem-based management for tropical small-scale fisheries facing climate change," Bordeaux Economics Working Papers 2021-24, Bordeaux School of Economics (BSE).
    19. Giovanni Immordino & Mario Padula, 2007. "Discounting and Expropriation Risk," CSEF Working Papers 179, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    20. Ekaterini Panopoulou & B. Groom & P. Koundouri & Theologos Pantelidis, 2005. "Discounting the distant future: How much does model selection affect the certainty equivalent rate?," Economics Department Working Paper Series n1480105, Department of Economics, National University of Ireland - Maynooth.
    21. Rick Van der Ploeg & Armon Rezai, 2018. "Simple Rules For Climate Policy And Integrated Assessment," OxCarre Working Papers 213, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    22. Eric Fesselmeyer & Haoming Liu & Alberto Salvo, 2022. "Declining discount rates in Singapore's market for privately developed apartments," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 330-350, March.
    23. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.
    24. Fujii, Tomoki & Karp, Larry, 2006. "Numerical Analysis of Non-Constant Discounting with an Application to Renewable Resource Management," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt74q473v8, Department of Agricultural & Resource Economics, UC Berkeley.
    25. Olivier Deschenes & Michael Greenstone, 2004. "The Economic Impacts of Climate Change: Evidence from Agricultural Profits and Random," NBER Working Papers 10663, National Bureau of Economic Research, Inc.
    26. Mark A. Moore & Anthony E. Boardman & Aidan R. Vining & David L. Weimer & David H. Greenberg, 2004. "“Just give me a number!” Practical values for the social discount rate," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 23(4), pages 789-812.
    27. Peter Harrison Howard & Derek Sylvan, 2020. "Wisdom of the experts: Using survey responses to address positive and normative uncertainties in climate-economic models," Climatic Change, Springer, vol. 162(2), pages 213-232, September.
    28. Sigit Perdana & Rod Tyers, 2018. "Global climate change mitigation: Strategic incentives," CAMA Working Papers 2018-10, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    29. Maroto, Jose M. & Moran, Manuel, 2008. "Increasing marginal returns and the danger of collapse of commercially valuable fish stocks," Ecological Economics, Elsevier, vol. 68(1-2), pages 422-428, December.
    30. Nicholas Z. Muller, 2016. "The Derivation of Discount Rates with an Augmented Measure of Income," NBER Working Papers 22579, National Bureau of Economic Research, Inc.
    31. Peter Abelson & Tim Dalton, 2018. "Choosing the Social Discount Rate for Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 51(1), pages 52-67, March.
    32. Carlo Carraro & Francesco Bosello & Enrica De Cian, 2010. "Climate Policy and the Optimal Balance between Mitigation, Adaptation and Unavoided Damage," Working Papers 2010_09, Department of Economics, University of Venice "Ca' Foscari".
    33. Richard S.J. Tol, 2007. "The Social Cost Of Carbon: Trends, Outliers And Catastrophes," Working Papers FNU-144, Research unit Sustainability and Global Change, Hamburg University, revised Aug 2007.
    34. Yvan Lengwiler, 2005. "Heterogeneous Patience and the Term Structure of Real Interest Rates," American Economic Review, American Economic Association, vol. 95(3), pages 890-896, June.
    35. Hultkrantz, Lars & Krüger, Niclas & Mantalos , Panagiotis, 2012. "Risk-adjusted long term social rates of discount for transportation infrastructure investment," Working Papers 2012:14, Örebro University, School of Business.
    36. Richard S.J. Tol, 2006. "Why Worry About Climate Change? A Research Agenda," Working Papers FNU-116, Research unit Sustainability and Global Change, Hamburg University, revised Sep 2006.
    37. Costello, Christopher & Ward, Michael, 2006. "Search, bioprospecting and biodiversity conservation," Journal of Environmental Economics and Management, Elsevier, vol. 52(3), pages 615-626, November.
    38. Goulder, Lawrence H. & Williams, Roberton C., 2012. "The Choice of Discount Rate for Climate Change Policy Evaluation," RFF Working Paper Series dp-12-43, Resources for the Future.
    39. Robert S. Pindyck, 2016. "The Social Cost of Carbon Revisited," NBER Working Papers 22807, National Bureau of Economic Research, Inc.
    40. Roger Cooke, 2013. "Uncertainty analysis comes to integrated assessment models for climate change…and conversely," Climatic Change, Springer, vol. 117(3), pages 467-479, April.
    41. Nesje, Frikk, 2020. "Cross-dynastic Intergenerational Altruism," Working Papers 0678, University of Heidelberg, Department of Economics.
    42. Jensen, Svenn & Traeger, Christian P., 2014. "Optimal climate change mitigation under long-term growth uncertainty: Stochastic integrated assessment and analytic findings," European Economic Review, Elsevier, vol. 69(C), pages 104-125.
    43. Bosetti, Valentina & Carraro, Carlo & De Cian, Enrica & Massetti, Emanuele & Tavoni, Massimo, 2011. "Incentives and Stability of International Climate Coalitions: An Integrated Assessment," Climate Change and Sustainable Development 120048, Fondazione Eni Enrico Mattei (FEEM).
    44. Stéphane Hallegatte, 2012. "Investment decision-making under deep uncertainty - application to climate change," Post-Print hal-00802049, HAL.
    45. Mark C. Freeman & Ben Groom & Ekaterini Panopoulou & Theologos Pantelidis, 2013. "Declining discount rates and the Fisher Effect: Inflated past, discounted future?," GRI Working Papers 109, Grantham Research Institute on Climate Change and the Environment.
    46. Marco Grasso, 2004. "Utilizzo e diffusione della valutazione economica dei beni," Others 0406002, University Library of Munich, Germany.
    47. Defrancesco, Edi & Gatto, Paola & Rosato, Paolo, 2014. "A ‘component-based’ approach to discounting for natural resource damage assessment," Ecological Economics, Elsevier, vol. 99(C), pages 1-9.
    48. Bednyagin, Denis & Gnansounou, Edgard, 2011. "Real options valuation of fusion energy R&D programme," Energy Policy, Elsevier, vol. 39(1), pages 116-130, January.
    49. Martin L. Weitzman, 2009. "Risk-Adjusted Gamma Discounting," NBER Working Papers 15588, National Bureau of Economic Research, Inc.
    50. Richard S.J. Tol, 2012. "Targets for Global Climate Policy: An Overview," Working Paper Series 3712, Department of Economics, University of Sussex Business School.
    51. Daniele Pennesi, 2017. "Uncertain discount and hyperbolic preferences," Theory and Decision, Springer, vol. 83(3), pages 315-336, October.
    52. Christian Gollier, 2021. "The Welfare Cost of Ignoring the Beta," Working Papers 2021.03, Fondazione Eni Enrico Mattei.
    53. Lüthen, Holger, 2014. "Rates of Return and Early Retirement Disincentives: Evidence from a German Pension Reform," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100544, Verein für Socialpolitik / German Economic Association.
    54. Christian Gollier, 2005. "The Consumption-Based Determinants of the Term Structure of Discount Rates," CESifo Working Paper Series 1375, CESifo.
    55. Hansen, Anders Chr., 2006. "Do declining discount rates lead to time inconsistent economic advice?," Ecological Economics, Elsevier, vol. 60(1), pages 138-144, November.
    56. Groom, Ben & Maddison, David, 2018. "New estimates of the elasticity of marginal utility for the UK," LSE Research Online Documents on Economics 87526, London School of Economics and Political Science, LSE Library.
    57. Strand, Jon & Carson, Richard T. & Navrud, Stale & Ortiz-Bobea, Ariel & Vincent, Jeffrey R., 2017. "Using the Delphi method to value protection of the Amazon rainforest," Ecological Economics, Elsevier, vol. 131(C), pages 475-484.
    58. Wojciech Rybicki, 2012. "Discounting and ideas of intergenerational equity and sustainability," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 22(1), pages 63-84.
    59. Azqueta Oyarzún, Diego & Delacámara, Gonzalo, 2008. "Oil extraction and deforestation: a simulation exercise," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    60. Newell, Richard G. & Pizer, William A., 2001. "Discounting the Distant Future: How Much Do Uncertain Rates Increase Valuations?," Discussion Papers 10743, Resources for the Future.
    61. Valentina Bosetti & Carlo Carraro & Enrica De Cian & Romain Duval & Emanuele Massetti & Massimo Tavoni, 2009. "The Incentives to Participate in, and the Stability of, International Climate Coalitions: A Game-theoretic Analysis Using the Witch Model," Working Papers 2009.64, Fondazione Eni Enrico Mattei.
    62. Mikhail Pakhnin, 2021. "Collective Choice with Heterogeneous Time Preferences," CESifo Working Paper Series 9141, CESifo.
    63. Gollier, Christian, 2016. "Gamma discounters are short-termist," Journal of Public Economics, Elsevier, vol. 142(C), pages 83-90.
    64. Frank Jotzo & John C. V. Pezzey, 2005. "Optimal intensity targets for emissions trading under uncertainty (now replaced by EEN0605)," Economics and Environment Network Working Papers 0504, Australian National University, Economics and Environment Network.
    65. Weitzman, Martin L., 2009. "Additive damages, fat-tailed climate dynamics, and uncertain discounting," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-29.
    66. Christian Gollier & Richard Zeckhauser, 2003. "Collective Investment Decision Making with Heterogeneous Time Preferences," NBER Working Papers 9629, National Bureau of Economic Research, Inc.
    67. Ram Fishman, 2019. "Heterogeneous Patience, Bargaining Power and Investment in Future Public Goods," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1101-1107, August.
    68. Yuri Biondi, 2009. "Capital budgeting under relational contracting: optimal ranking and duration criteria for schemes of concession, project-financing and public-private partnership," Post-Print hal-00404305, HAL.
    69. Gollier, Christian, 2012. "Evaluation of long-dated assets : The role of parameter uncertainty," TSE Working Papers 12-361, Toulouse School of Economics (TSE), revised Sep 2015.
    70. van den Bijgaart, Inge & Gerlagh, Reyer & Korsten, Luuk & Liski, Matti, 2013. "A Simple Formula for the Social Cost of Carbon," Climate Change and Sustainable Development 158740, Fondazione Eni Enrico Mattei (FEEM).
    71. Stefano Giglio & Bryan Kelly & Johannes Stroebel, 2021. "Climate Finance," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 15-36, November.
    72. Joan Pasqual & Emilio Padilla, 2007. "The Appraisal of Projects with Environmental Impacts. Efficiency and Sustainability," Working Papers wpdea0704, Department of Applied Economics at Universitat Autonoma of Barcelona.
    73. Gollier, Christian, 2009. "Should we Discount the Far-Distant Future at its Lowest Possible Rate?," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-14.
    74. Millner, Antony & Heal, Geoffrey, 2018. "Discounting by committee," Journal of Public Economics, Elsevier, vol. 167(C), pages 91-104.
    75. GOLLIER Christian, 2008. "Discounting with fat-tailed economic growth," LERNA Working Papers 08.19.263, LERNA, University of Toulouse.
    76. Inge van den Bijgaart & Reyer Gerlagh & Luuk Korsten & Matti Liski, 2013. "A Simple Formula for the Social Cost of Carbon," Working Papers 2013.83, Fondazione Eni Enrico Mattei.
    77. Gollier, Christian, 2017. "Valuation of natural capital under uncertain substitutability," TSE Working Papers 17-813, Toulouse School of Economics (TSE), revised Dec 2018.
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    231. Stephen J. DeCanio & Charles F. Manski & Alan H. Sanstad, 2022. "Minimax-Regret Climate Policy with Deep Uncertainty in Climate Modeling and Intergenerational Discounting," NBER Working Papers 29716, National Bureau of Economic Research, Inc.
    232. Zaifu Yang & Rong Zhang, 2014. "Rational Addictive Behavior under Uncertainty," Discussion Papers 14/12, Department of Economics, University of York.
    233. Elyès Jouini & Jean-Michel Marin & Clotilde Napp, 2010. "Discounting and Divergence of Opinion," Post-Print halshs-00176636, HAL.
    234. Dorje C. Brody & Lane P. Hughston, 2018. "Social Discounting And The Long Rate Of Interest," Mathematical Finance, Wiley Blackwell, vol. 28(1), pages 306-334, January.
    235. GIULIANO, Genevieve & KNATZ, Geraldine & HUDSON, Nathan & SYS, Christa & VANELSLANDER, Thierry & CARLAN, Valentin, 2016. "Decison-making for maritime innovation investments: The significance of cost benefit and cost effectiveness analysis," Working Papers 2016001, University of Antwerp, Faculty of Business and Economics.
    236. Andrew Meyer, 2013. "Intertemporal Valuation of River Restoration," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(1), pages 41-61, January.
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    238. Roman Inderst & Eftichios Sartzetakis & Anastasios Xepapadeas, 2021. "Technical Report on Sustainability and Competition," DEOS Working Papers 2103, Athens University of Economics and Business.
    239. David EVANS & Erhun KULA, 2009. "Social discount rates and welfare weights for public investment decisions under budgetary restrictions – the case of Cyprus," Departmental Working Papers 2009-19, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    240. Radoslaw (Radek) Stefanski & Alex Trew, 2020. "Patience Breeds Interest: The Rise of Societal Patience and the Fall of the Risk-free Interest Rate," Working Papers 2020-03, Business School - Economics, University of Glasgow.
    241. Fujii, Tomoki, 2013. "Modeling myopia: Application to non-renewable resource extraction," Mathematical Social Sciences, Elsevier, vol. 66(2), pages 95-104.
    242. Bello, Carolina & Culot, Laurence & Ruiz Agudelo, Cesar Augusto & Galetti, Mauro, 2021. "Valuing the economic impacts of seed dispersal loss on voluntary carbon markets," Ecosystem Services, Elsevier, vol. 52(C).
    243. Hopwood, Anthony G., 2009. "Accounting and the environment," Accounting, Organizations and Society, Elsevier, vol. 34(3-4), pages 433-439, April.
    244. Uri Benzion & Yochanan Shachmurove & Joseph Yagil, 2003. "How good is the Exponential Function discounting Formula? An Experimental Study," PIER Working Paper Archive 03-015, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    245. Basil M. H. Sharp, 2001. "Sustainable Development: Environment and Economic Framework Integration," Treasury Working Paper Series 01/27, New Zealand Treasury.
    246. Yu, Bin & Lu, Qing & Xu, Jian, 2013. "An improved pavement maintenance optimization methodology: Integrating LCA and LCCA," Transportation Research Part A: Policy and Practice, Elsevier, vol. 55(C), pages 1-11.
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    248. Gowdy, John & Rosser, J. Barkley & Roy, Loraine, 2013. "The evolution of hyperbolic discounting: Implications for truly social valuation of the future," Journal of Economic Behavior & Organization, Elsevier, vol. 90(S), pages 94-104.
    249. Lanlan Luo & Shou Chen & Ziran Zou, 2020. "Determining the Generalized Discount Rate for Risky Projects," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(1), pages 143-158, September.
    250. Ben Groom & Phoebe Koundouri & Ekaterini Panopoulou & Theologos Pantelidis, 2004. "Model Selection For Estimating Certainty Equivalent Discount Rates," DEOS Working Papers 0407, Athens University of Economics and Business.
    251. Cameron Hepburn & Greer Gosnell, 2014. "Evaluating impacts in the distant future: cost–benefit analysis, discounting and the alternatives," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 9, pages 140-159, Edward Elgar Publishing.
    252. Heikkila, Jaakko, 2006. "Economics of invasive alien species: pre-emptive versus reactive control," Discussion Papers 11865, MTT Agrifood Research Finland.
    253. Reinoud Joosten, 2014. "Social dilemmas, time preferences and technology adoption in a commons problem," Journal of Bioeconomics, Springer, vol. 16(3), pages 239-258, October.
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  34. Martin L. Weitzman, 1998. "The Linearized Hamiltonian as Comprehensive NDP," Harvard Institute of Economic Research Working Papers 1845, Harvard - Institute of Economic Research.

    Cited by:

    1. Kiyohiko G. Nishimura & Junko Ishikawa, 2017. "Understanding Macroeconomic Statistics: An "Ideal-Type" Economy Approach," CARF F-Series CARF-F-424, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    2. Hediger, Werner, 2010. "Welfare and capital-theoretic foundations of corporate social responsibility and corporate sustainability," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(4), pages 518-526, August.
    3. Ottmar Edenhofer & Susanne Kadner & Christoph von Stechow & Gregor Schwerhoff & Gunnar Luderer, 2014. "Linking climate change mitigation research to sustainable development," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 30, pages 476-499, Edward Elgar Publishing.
    4. Figueroa B., Eugenio & Orihuela R., Carlos & Calfucura T., Enrique, 2010. "Green accounting and sustainability of the Peruvian metal mining sector," Resources Policy, Elsevier, vol. 35(3), pages 156-167, September.
    5. Hassan, Rashid & Ngwenya, Phindile, 2006. "Valuing forest services missing from the national accounts: The contribution of cultivated forests to wealth accumulation in Swaziland," Forest Policy and Economics, Elsevier, vol. 9(3), pages 249-260, December.
    6. Céline Antonin & Thomas Melonio & Xavier Timbeau, 2012. "L’épargne nette ré-ajustée," Sciences Po publications info:hdl:2441/eu4vqp9ompq, Sciences Po.
    7. Yacov Tsur & Amos Zemel, 2008. "Regulating environmental threats," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 39(3), pages 297-310, March.
    8. Aronsson, Thomas & Lofgren, Karl-Gustaf, 1999. "Pollution tax design and 'Green' national accounting," European Economic Review, Elsevier, vol. 43(8), pages 1457-1474, August.
    9. Azqueta, Diego & Sotelsek, Daniel, 2007. "Valuing nature: From environmental impacts to natural capital," Ecological Economics, Elsevier, vol. 63(1), pages 22-30, June.
    10. Tsur, Yacov & Zemel, Amos, 2006. "Welfare measurement under threats of environmental catastrophes," Journal of Environmental Economics and Management, Elsevier, vol. 52(1), pages 421-429, July.
    11. Huhtala, Anni & Samakovlis, Eva, 2003. "Green Accounting, Air Pollution and Health," Working Papers 82, National Institute of Economic Research.
    12. Bostedt, Göran & Lundgren, Tommy, 2010. "Accounting for cultural heritage -- A theoretical and empirical exploration with focus on Swedish reindeer husbandry," Ecological Economics, Elsevier, vol. 69(3), pages 651-657, January.
    13. Partha Dasgupta & Karl-Göran Mäler, 2003. "The Economics of Non-Convex Ecosystems: Introduction," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 26(4), pages 499-525, December.
    14. Andrés Gómez-Lobo E., 2001. "Sustainable development and natural resource accounting in a small open economy: a methodological clarification," Estudios de Economia, University of Chile, Department of Economics, vol. 28(2 Year 20), pages 203-216, December.
    15. Huhtala, Anni & Toppinen, Anne & Boman, Mattias, 2001. "An Environmental Accountant`s Dilemma: Are Stumpage Prices Reliable Indicators of Resource Scarcity?," Working Papers 77, National Institute of Economic Research.
    16. Partha Dasgupta & Karl-Goran Maler, 1998. "Decentralization Schemes, Cost-Benefit-Analysis, and Net National Product as a Measure of Social Well-Being," STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers 12, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

  35. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Harvard Institute of Economic Research Working Papers 1836, Harvard - Institute of Economic Research.

    Cited by:

    1. Laurans, Yann & Mermet, Laurent, 2014. "Ecosystem services economic valuation, decision-support system or advocacy?," Ecosystem Services, Elsevier, vol. 7(C), pages 98-105.
    2. William Brock & Anastasios Xepapadeas, 2001. "Valuing Biodiversity from an Economic Perspective: A Unified Economic, Ecological and Genetic Approach," Working Papers 0102, University of Crete, Department of Economics.
    3. Stephen Polasky, 2009. "Conservation economics: economic analysis of biodiversity conservation and ecosystem services," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 10(1), pages 1-20, March.
    4. Angela Münch, 2010. "Agri-Environmental Schemes and Grassland Biodiversity: Another Side of the Coin," Jena Economics Research Papers 2010-026, Friedrich-Schiller-University Jena.
    5. Nicolas Treich, 2022. "The Dasgupta Review and the Problem of Anthropocentrism," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(4), pages 973-997, December.
    6. Alejandro M. Bellon, 2019. "Does animal charisma influence conservation funding for vertebrate species under the US Endangered Species Act?," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 21(3), pages 399-411, July.
    7. Andreas Freytag & Christoph Vietze, 2013. "Can nature promote development? The role of sustainable tourism for economic growth," Journal of Environmental Economics and Policy, Taylor & Francis Journals, vol. 2(1), pages 16-44, March.
    8. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Comparative Public Support for Conserving Reptile Species is High: Australian Evidence and its Implications," Economics, Ecology and Environment Working Papers 51412, University of Queensland, School of Economics.
    9. Oliver Fromm, 2000. "Ecological Structure and Functions of Biodiversity as Elements of Its Total Economic Value," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(3), pages 303-328, July.
    10. Berrens, Robert P. & McKee, Michael & Farmer, Michael C., 1999. "Incorporating distributional considerations in the safe minimum standard approach: endangered species and local impacts," Ecological Economics, Elsevier, vol. 30(3), pages 461-474, September.
    11. Dyar, Julie A. & Wagner, Jeffrey, 2003. "Uncertainty and species recovery program design," Journal of Environmental Economics and Management, Elsevier, vol. 45(2, Supple), pages 505-522, March.
    12. Johanna CHOUMERT & Ariane Manuela AMIN, 2013. "Development and biodiversity conservation in Sub-Saharan Africa: A spatial analysis," Working Papers 201302, CERDI.
    13. Christian Langpap & Joe Kerkvliet & Jason F Shogren, 2018. "The Economics of the U.S. Endangered Species Act: A Review of Recent Developments," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 69-91.
    14. Tisdell, Clement A., 2008. "BEHAVIOURS OF CONSERVATION ORGANIZATIONS AND THEIR ENVIRONMENTAL IMPLICATIONS. Analysis based on New (and not so new) Institutional Economics," Institutional Change in Agriculture and Natural Resources Discussion Papers 6185, Humboldt University Berlin, Department of Agricultural Economics.
    15. List, John A & Bulte, Erwin H & Shogren, Jason F, 2002. ""Beggar Thy Neighbor": Testing for Free Riding in State-Level Endangered Species Expenditures," Public Choice, Springer, vol. 111(3-4), pages 303-315, June.
    16. Trousdale, William & Gregory, Robin, 2004. "Property evaluation and biodiversity conservation: Decision support for making hard choices," Ecological Economics, Elsevier, vol. 48(3), pages 279-291, March.
    17. Anup Sinha, 2012. "Sustainable Development and Governance: Complex Processes and Unpredictable Outcomes," IIM Kozhikode Society & Management Review, , vol. 1(1), pages 11-20, January.
    18. Stephen Polasky, 2009. "Conservation economics: economic analysis of biodiversity conservation and ecosystem services," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 10(1), pages 1-20, March.
    19. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Australian Tropical Reptile Species: Ecological Status, Public Valuation and Attitudes to their Conservation and Commercial Use," Economics, Ecology and Environment Working Papers 51408, University of Queensland, School of Economics.
    20. Liang, Yuanning & Rudik, Ivan & Zou, Eric Yongchen, 2021. "Economic Production and Biodiversity in the United States," SocArXiv qy76a, Center for Open Science.
    21. Rauscher, Michael & Barbier, Edward B., 2010. "Biodiversity and geography," Resource and Energy Economics, Elsevier, vol. 32(2), pages 241-260, April.
    22. Ando, Amy Whritenour, 2001. "Economies of Scope in Endangered-Species Protection: Evidence from Interest-Group Behavior," Journal of Environmental Economics and Management, Elsevier, vol. 41(3), pages 312-332, May.
    23. Pannell, David J. & Gibson, Fiona L., 2014. "Testing metrics to prioritise environmental projects," Working Papers 163211, University of Western Australia, School of Agricultural and Resource Economics.
    24. Kerkvliet, Joe & Langpap, Christian, 2007. "Learning from endangered and threatened species recovery programs: A case study using U.S. Endangered Species Act recovery scores," Ecological Economics, Elsevier, vol. 63(2-3), pages 499-510, August.
    25. Hahn, Robert W., 2000. "The Impact of Economics on Environmental Policy," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 375-399, May.
    26. Samuel, Aurelia F. & Drucker, Adam G. & Andersen, Sven B. & Simianer, Henner & van Zonneveld, Maarten, 2013. "Development of a cost-effective diversity-maximising decision-support tool for in situ crop genetic resources conservation: The case of cacao," Ecological Economics, Elsevier, vol. 96(C), pages 155-164.
    27. Tisdell, Clement A. & Wilson, Clevo, 2004. "Information and Wildlife Valuation: Experiments and Policy," Economics, Ecology and Environment Working Papers 51409, University of Queensland, School of Economics.
    28. Langenmayr Dominika & Mittermaier Ferdinand, 2021. "Nachhaltiges Wirtschaften, nachhaltig finanziert: Herausforderungen für die Politik in den 2020er Jahren," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 22(3), pages 176-190, September.
    29. Vincent Martinet & Fabian Blanchard, 2009. "Fishery externalities and biodiversity: trade-offs between the viability of shrimp trawling and the conservation of Frigatebirds in French Guiana," Post-Print hal-01172916, HAL.
    30. Richardson, Leslie & Loomis, John, 2009. "The total economic value of threatened, endangered and rare species: An updated meta-analysis," Ecological Economics, Elsevier, vol. 68(5), pages 1535-1548, March.
    31. David N. Laband & Michael Nieswiadomy, 2006. "Factors Affecting Species' Risk Of Extinction: An Empirical Analysis Of Esa And Natureserve Listings," Contemporary Economic Policy, Western Economic Association International, vol. 24(1), pages 160-171, January.
    32. Clem Tisdell & Clevo Wilson, 2006. "Information, Wildlife Valuation, Conservation: Experiments And Policy," Contemporary Economic Policy, Western Economic Association International, vol. 24(1), pages 144-159, January.
    33. Wu, Jian & Gong, Yazhen & Wu, JunJie, 2018. "Spatial distribution of nature reserves in China: Driving forces in the past and conservation challenges in the future," Land Use Policy, Elsevier, vol. 77(C), pages 31-42.
    34. Zander, Kerstin K. & Drucker, Adam G. & Holm-Müller, Karin & Simianer, Henner, 2009. "Choosing the "cargo" for Noah's Ark - Applying Weitzman's approach to Borana cattle in East Africa," Ecological Economics, Elsevier, vol. 68(7), pages 2051-2057, May.
    35. McVittie, Alistair & Austin, Zoe & White, Piran & Moxey, Andrew & McCracken, Davy & Moran, Dominic, 2014. "Something to grouse about? The cost-effectiveness of biodiversity measures in Scotland," 88th Annual Conference, April 9-11, 2014, AgroParisTech, Paris, France 169713, Agricultural Economics Society.
    36. Tisdell, Clement A. & Swarna Nantha, Hemanath, 2005. "Comparison of Funding and Demand for the Conservation of the Charismatic Koala with those for the Critically Endangered Wombat Lasiorhinus krefftii," Economics, Ecology and Environment Working Papers 55067, University of Queensland, School of Economics.
    37. Ariane Manuela Amin, 2012. "What Drives Biodiversity Conservation Effort in the Developing World? An analysis for Sub-Saharan Africa," Working Papers halshs-00722081, HAL.
    38. David W. Martin, 2019. "Gender Concerns When Noah the Economist Ranks Biodiversity Protection Policies," Social Sciences, MDPI, vol. 8(10), pages 1-13, October.
    39. Isabel Mendes, 2004. "Valuing Ecosystems - A Methodological Applying Approach," Working Papers Department of Economics 2004/11, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    40. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2005. "Public Choice of Species for the Ark: Phylogenetic Similarity and Preferred Wildlife Species for Survival," Economics, Ecology and Environment Working Papers 54349, University of Queensland, School of Economics.
    41. Caracciolo, Francesco & Gotor, Elisabetta & Holloway, Garth J. & Watts, Jamie, 2008. "The Origin, Development And Structure Of Demand For Plant Genetic Resources. The Impact Of The In Trust Agreements To The CGIAR Collections Availability," 82nd Annual Conference, March 31 - April 2, 2008, Royal Agricultural College, Cirencester, UK 36773, Agricultural Economics Society.
    42. Perry, Neil & Shankar, Sriram, 2017. "The State-contingent Approach to the Noah's Ark Problem," Ecological Economics, Elsevier, vol. 134(C), pages 65-72.
    43. Shreedhar, Ganga & Mourato, Susana, 2019. "Experimental Evidence on the Impact of Biodiversity Conservation Videos on Charitable Donations," Ecological Economics, Elsevier, vol. 158(C), pages 180-193.
    44. R. Simpson, 2007. "David Pearce and the economic valuation of biodiversity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(1), pages 91-109, May.
    45. Felix Schläpfer & Michael Tucker & Irmi Seidl, 2002. "Returns from Hay Cultivation in Fertilized Low Diversity and Non-Fertilized High Diversity Grassland," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 21(1), pages 89-100, January.
    46. Mathias Reynaert & Eduardo Souza-Rodrigues & Arthur A. van Benthem, 2023. "The Environmental Impacts of Protected Area Policy," CESifo Working Paper Series 10773, CESifo.
    47. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Public Support for Sustainable Commercial Harvesting of Wildlife: An Australian Case Study," Economics, Ecology and Environment Working Papers 51418, University of Queensland, School of Economics.
    48. Tisdell, Clement A., 2007. "Institutional Economics and the Behaviour of Conservation Organizations: Implications for Biodiversity Conservation," Economics, Ecology and Environment Working Papers 55099, University of Queensland, School of Economics.
    49. Amin, Ariane, 2016. "Exploring the role of economic incentives and spillover effects in biodiversity conservation policies in sub-Saharan Africa," Ecological Economics, Elsevier, vol. 127(C), pages 185-191.
    50. Douglas Noonan & Douglas Krupka, 2010. "Determinants of historic and cultural landmark designation: why we preserve what we preserve," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 34(1), pages 1-26, February.
    51. Maresova, Jana & Frynta, Daniel, 2008. "Noah's Ark is full of common species attractive to humans: The case of boid snakes in zoos," Ecological Economics, Elsevier, vol. 64(3), pages 554-558, January.
    52. Langpap, Christian & Kerkvliet, Joe, 2002. "Success Or Failure? Ordered Probit Approaches To Measuring The Effectiveness Of The Endangered Species Act," 2002 Annual meeting, July 28-31, Long Beach, CA 19713, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    53. Ariane Manuela Amin, 2012. "What Drives Biodiversity Conservation Effort in the Developing World? An analysis for Sub-Saharan Africa," CERDI Working papers halshs-00722081, HAL.
    54. Noack, Frederik A.W. & Manthey, Michael & Ruitenbeek, Jack H. & Mohadjer, M.R. Marvie, 2010. "Separate or mixed production of timber, livestock and biodiversity in the Caspian Forest," Ecological Economics, Elsevier, vol. 70(1), pages 67-76, November.
    55. Juutinen, Artti, 2008. "Old-growth boreal forests: Worth protecting for biodiversity?," Journal of Forest Economics, Elsevier, vol. 14(4), pages 242-267, November.
    56. Jean-Michel Salles, 2011. "Valuing biodiversity and ecosystem services: why linking economic values with Nature?," Working Papers 11-24, LAMETA, Universtiy of Montpellier, revised Dec 2011.
    57. Zander, Kerstin K. & Drucker, Adam G., 2008. "Conserving what's important: Using choice model scenarios to value local cattle breeds in East Africa," Ecological Economics, Elsevier, vol. 68(1-2), pages 34-45, December.
    58. Fadlaoui, Aziz & Roosen, Jutta & Baret, Philippe V., 2005. "Of Experts, Politicians and Beasts: Setting Priorities in Farm Animal Conservation Choices," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24546, European Association of Agricultural Economists.
    59. G. Andrew Karolyi & John Tobin‐de la Puente, 2023. "Biodiversity finance: A call for research into financing nature," Financial Management, Financial Management Association International, vol. 52(2), pages 231-251, June.
    60. Michael Nieswiadomy & David N. Laband, 2009. "Individual Species‐State Analysis Of Natureserve’S “At‐Risk” Categories: Hunting And Fishing’S Role," Contemporary Economic Policy, Western Economic Association International, vol. 27(3), pages 390-401, July.
    61. Haddock, Janet & Tzanopoulos, Joseph & Mitchley, Jonathan & Fraser, Rob, 2007. "A method for evaluating alternative landscape management scenarios in relation to the biodiversity conservation of habitats," Ecological Economics, Elsevier, vol. 61(2-3), pages 277-283, March.
    62. James Brazill-Boast & Moira Williams & Beth Rickwood & Thalie Partridge & Grant Bywater & Bronwyn Cumbo & Ian Shannon & William J M Probert & Julie Ravallion & Hugh Possingham & Richard F Maloney, 2018. "A large-scale application of project prioritization to threatened species investment by a government agency," PLOS ONE, Public Library of Science, vol. 13(8), pages 1-19, August.
    63. Baumgartner, Stefan & Becker, Christian & Faber, Malte & Manstetten, Reiner, 2006. "Relative and absolute scarcity of nature. Assessing the roles of economics and ecology for biodiversity conservation," Ecological Economics, Elsevier, vol. 59(4), pages 487-498, October.
    64. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Dependence of public support for survival of wildlife species on their likeability," Economics, Ecology and Environment Working Papers 51413, University of Queensland, School of Economics.
    65. Perry, Neil, 2010. "The ecological importance of species and the Noah's Ark problem," Ecological Economics, Elsevier, vol. 69(3), pages 478-485, January.
    66. Bonnie Harllee & Myungsup Kim & Michael Nieswiadomy, 2009. "Political influence on historical ESA listings by state: a count data analysis," Public Choice, Springer, vol. 140(1), pages 21-42, July.
    67. Béné, C. & Doyen, L., 2008. "Contribution values of biodiversity to ecosystem performances: A viability perspective," Ecological Economics, Elsevier, vol. 68(1-2), pages 14-23, December.

  36. Martin L. Weitzman & Karl-Gustaf Lofgren, 1996. "On the Welfare Significance of Green Accounting as Taught by Parable," Harvard Institute of Economic Research Working Papers 1755, Harvard - Institute of Economic Research.

    Cited by:

    1. David Pearce & Giles Atkinson, 1998. "The concept of sustainable development: An evaluation of its usefulness ten years after Brundtland," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 134(III), pages 251-269, September.
    2. Atkinson, G. & Hamilton, K., 2002. "International trade and the 'ecological balance of payments'," Resources Policy, Elsevier, vol. 28(1-2), pages 27-37.
    3. Ayumi Onuma, 1999. "Sustainable consumption, sustainable development, and green net national product," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 2(3), pages 187-197, September.
    4. Rohman, Ibrahim Kholilul & Bohlin, Erik, 2011. "Towards the alternative measurement: Discovering the relationships between technology adoption and quality of life in Indonesia," 22nd European Regional ITS Conference, Budapest 2011: Innovative ICT Applications - Emerging Regulatory, Economic and Policy Issues 52206, International Telecommunications Society (ITS).
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    6. Kirk Hamilton, 2003. "Sustaining Economic Welfare: Estimating Changes in Total and Per Capita Wealth," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 5(3), pages 419-436, September.
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    53. Djanibekov, Utkur & Walsh, Patrick & Soliman, Tarek, 2021. "Economic Evaluation of Sediment Reduction Measures at Farms in New Zealand," 2021 Conference, August 17-31, 2021, Virtual 315299, International Association of Agricultural Economists.
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    62. Akihiko Yanase, 2014. "Indeterminacy and Pollution Haven Hypothesis in a Dynamic General Equilibrium Model," Open Economies Review, Springer, vol. 25(5), pages 959-980, November.

  42. Weitzman, M.L. & Xu, C., 1992. "Vaguely Defined Cooperatives and Cooperative Culture: A Reconciliation of Paradoxical Phenomenon in Transitional Economics," Harvard Institute of Economic Research Working Papers 1607, Harvard - Institute of Economic Research.

    Cited by:

    1. Alan Gelb & Gary Jefferson & Inderjit Singh, 1993. "Can Communist Economies Transform Incrementally? The Experience of China," NBER Chapters, in: NBER Macroeconomics Annual 1993, Volume 8, pages 87-150, National Bureau of Economic Research, Inc.
    2. Zoltan Acs & Felix FitzRoy, 1994. "A constitution for privatizing large Eastern enterprises," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 2(1), pages 83-94, March.

  43. Weitzman, M.L., 1992. "Diversity Functions," Harvard Institute of Economic Research Working Papers 1610, Harvard - Institute of Economic Research.

    Cited by:

    1. Pierre Courtois & Charles FiguiËres & ChloÈ Mulier & Joakim Weill, 2017. "A cost-benefit approach for prioritizing invasive species," Policy Papers 2017.06, FAERE - French Association of Environmental and Resource Economists.
    2. Akpalu, Wisdom, 2009. "Economics of biodiversity and sustainable fisheries management," Ecological Economics, Elsevier, vol. 68(10), pages 2729-2733, August.
    3. Martin L. Weitzman, 1998. "The Noah's Ark Problem," Econometrica, Econometric Society, vol. 66(6), pages 1279-1298, November.
    4. -, 2008. "Structural change and productivity growth, 20 years later: old problems, new opportunities," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2890 edited by Eclac.
    5. Skea, Jim, 2010. "Valuing diversity in energy supply," Energy Policy, Elsevier, vol. 38(7), pages 3608-3621, July.
    6. Rizov, Marian, 2005. "Rural development under the European CAP: The role of diversity," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 42(4), pages 621-628.
    7. William Brock & Anastasios Xepapadeas, 2015. "Modeling Coupled Climate, Ecosystems, and Economic Systems," DEOS Working Papers 1508, Athens University of Economics and Business.
    8. Sebastian Bervoets & Nicolas Gravel, 2003. "Appraising diversity with an ordinal notion of similarity: an Axiomatic approach," IDEP Working Papers 0308, Institut d'economie publique (IDEP), Marseille, France.
    9. Simianer, H. & Marti, S. B. & Gibson, J. & Hanotte, O. & Rege, J. E. O., 2003. "An approach to the optimal allocation of conservation funds to minimize loss of genetic diversity between livestock breeds," Ecological Economics, Elsevier, vol. 45(3), pages 377-392, July.
    10. Rizov, Marian, 2004. "Rural development and welfare implications of CAP reforms," Journal of Policy Modeling, Elsevier, vol. 26(2), pages 209-222, February.
    11. Zeppini Rossi, P. & Bergh, J.C.J.M. van der, 2008. "Optimal Diversity in Investments with Recombinant Innovation," CeNDEF Working Papers 08-12, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    12. Christine Bertram & Martin F. Quaas, 2017. "Biodiversity and Optimal Multi-species Ecosystem Management," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(2), pages 321-350, June.
    13. Boppart, Timo & Staub, Kevin, 2012. "Online accessibility of academic articles and the diversity of economics," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62040, Verein für Socialpolitik / German Economic Association.
    14. Gans, J.S. & Hill, R.J., 1996. "Measuring Product Diversity," Papers 96/25, New South Wales - School of Economics.
    15. David, Paul A. & Rothwell, Geoffrey S., 1996. "Measuring standardization: An application to the American and French nuclear power industries," European Journal of Political Economy, Elsevier, vol. 12(2), pages 291-308, September.
    16. Meinard, Yves & Grill, Philippe, 2011. "The economic valuation of biodiversity as an abstract good," Ecological Economics, Elsevier, vol. 70(10), pages 1707-1714, August.
    17. List, John A & Bulte, Erwin H & Shogren, Jason F, 2002. ""Beggar Thy Neighbor": Testing for Free Riding in State-Level Endangered Species Expenditures," Public Choice, Springer, vol. 111(3-4), pages 303-315, June.
    18. Jacques Melitz, 2012. "A Framework for Analyzing Language and Welfare," Heriot-Watt University Economics Discussion Papers 1212, Department of Economics, School of Management and Languages, Heriot Watt University.
    19. Michael Brei & Agustin Perez Barahona & Eric Strobl, 2016. "Environmental pollution and biodiversity: Light pollution and sea turtles in the Caribbean," Post-Print hal-01320463, HAL.
    20. Jorge Mañana Rodríguez, 2017. "Disciplinarity and interdisciplinarity in citation and reference dimensions: knowledge importation and exportation taxonomy of journals," Scientometrics, Springer;Akadémiai Kiadó, vol. 110(2), pages 617-642, February.
    21. Stephen Polasky, 2009. "Conservation economics: economic analysis of biodiversity conservation and ecosystem services," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 10(1), pages 1-20, March.
    22. David Marcouiller, 2013. "The rural development attributes of tourism," Chapters, in: Gary Paul Green (ed.), Handbook of Rural Development, chapter 9, pages i-ii, Edward Elgar Publishing.
    23. Christopher Esposito & David Rigby, 2017. "When Buzz and Pipelines Fail," Papers in Evolutionary Economic Geography (PEEG) 1701, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jan 2017.
    24. Gregorius, Hans-Rolf & Gillet, Elizabeth M., 2008. "Generalized Simpson-diversity," Ecological Modelling, Elsevier, vol. 211(1), pages 90-96.
    25. van den Bergh, Jeroen C.J.M., 2008. "Optimal diversity: Increasing returns versus recombinant innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 68(3-4), pages 565-580, December.
    26. McPherson, Michael A. & Nieswiadomy, Michael L., 2005. "Environmental Kuznets curve: threatened species and spatial effects," Ecological Economics, Elsevier, vol. 55(3), pages 395-407, November.
    27. Armsworth, Paul R. & Kendall, Bruce E. & Davis, Frank W., 2004. "An introduction to biodiversity concepts for environmental economists," Resource and Energy Economics, Elsevier, vol. 26(2), pages 115-136, June.
    28. Edward P. Lazear, 1998. "Diversity and Immigration," NBER Working Papers 6535, National Bureau of Economic Research, Inc.
    29. Polasky, Stephen & Costello, Christopher & McAusland, Carol, 2004. "On trade, land-use, and biodiversity," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 911-925, September.
    30. Conrad, Jon M., 2018. "Real Options for Endangered Species," Ecological Economics, Elsevier, vol. 144(C), pages 59-64.
    31. Guttormsen, Atle G. & Kristofersson, Dadi & Nævdal, Eric, 2008. "Optimal management of renewable resources with Darwinian selection induced by harvesting," Journal of Environmental Economics and Management, Elsevier, vol. 56(2), pages 167-179, September.
    32. Eppink, Florian V. & van den Bergh, Jeroen C.J.M., 2007. "Ecological theories and indicators in economic models of biodiversity loss and conservation: A critical review," Ecological Economics, Elsevier, vol. 61(2-3), pages 284-293, March.
    33. Samuel, Aurelia F. & Drucker, Adam G. & Andersen, Sven B. & Simianer, Henner & van Zonneveld, Maarten, 2013. "Development of a cost-effective diversity-maximising decision-support tool for in situ crop genetic resources conservation: The case of cacao," Ecological Economics, Elsevier, vol. 96(C), pages 155-164.
    34. Mariateresa Ciommi & Ernesto Savaglio, 2015. "On multidimensional diversity orderings with categorical variables," Department of Economics University of Siena 711, Department of Economics, University of Siena.
    35. Vincent Martinet & Fabian Blanchard, 2009. "Fishery externalities and biodiversity: trade-offs between the viability of shrimp trawling and the conservation of Frigatebirds in French Guiana," Post-Print hal-01172916, HAL.
    36. Zander, Kerstin K. & Drucker, Adam G. & Holm-Müller, Karin & Simianer, Henner, 2009. "Choosing the "cargo" for Noah's Ark - Applying Weitzman's approach to Borana cattle in East Africa," Ecological Economics, Elsevier, vol. 68(7), pages 2051-2057, May.
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    38. Holler, Manfred J. & Thisse, Jacques-Francois, 1996. "The economics of standardization: Introduction and overview," European Journal of Political Economy, Elsevier, vol. 12(2), pages 177-182, September.
    39. Martin L. Weitzman, 1993. "What to Preserve? An Application of Diversity Theory to Crane Conservation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(1), pages 157-183.
    40. Nehring, Klaus & Puppe, Clemens, 2004. "Modelling phylogenetic diversity," Resource and Energy Economics, Elsevier, vol. 26(2), pages 205-235, June.
    41. Lynn Mainwaring, 2001. "Biodiversity, Biocomplexity, and the Economics of Genetic Dissimilarity," Land Economics, University of Wisconsin Press, vol. 77(1), pages 79-83.
    42. Richter, Marcel K. & Wong, Kam-Chau, 2016. "Likelihood relations and stochastic preferences," Journal of Mathematical Economics, Elsevier, vol. 62(C), pages 28-35.
    43. Gowdy, John, 2005. "Toward a new welfare economics for sustainability," Ecological Economics, Elsevier, vol. 53(2), pages 211-222, April.
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    45. David, Paul A. & Rothwell, Geoffrey S., 1996. "Standardization, diversity and learning: Strategies for the coevolution of technology and industrial capacity," International Journal of Industrial Organization, Elsevier, vol. 14(2), pages 181-201.
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    48. Perry, Neil & Shankar, Sriram, 2017. "The State-contingent Approach to the Noah's Ark Problem," Ecological Economics, Elsevier, vol. 134(C), pages 65-72.
    49. Simianer, H., 2005. "Decision making in livestock conservation," Ecological Economics, Elsevier, vol. 53(4), pages 559-572, June.
    50. Safarzynska, Karolina, 2017. "The Implications of Industrial Development for Diversification of Fuels," Ecological Economics, Elsevier, vol. 137(C), pages 37-46.
    51. Thomas Eichner & John Tschirhart, 2007. "Efficient ecosystem services and naturalness in an ecological/economic model," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(4), pages 733-755, August.
    52. Bernhofen, Daniel M., 2001. "Measuring diversity in product space: the missing axiom," Economics Letters, Elsevier, vol. 70(1), pages 69-72, January.
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    62. Tilman, David & Polasky, Stephen & Lehman, Clarence, 2005. "Diversity, productivity and temporal stability in the economies of humans and nature," Journal of Environmental Economics and Management, Elsevier, vol. 49(3), pages 405-426, May.
    63. Bruno Trezzini, 2013. "A measure of multidimensional polarization for categorical diversity data," Quality & Quantity: International Journal of Methodology, Springer, vol. 47(1), pages 313-333, January.
    64. Nehring, Klaus & Puppe, Clemens, 2003. "Diversity and dissimilarity in lines and hierarchies," Mathematical Social Sciences, Elsevier, vol. 45(2), pages 167-183, April.
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    69. Gregorius, Hans-Rolf, 2012. "Assessing biological variation from the perspective of diversity," Ecological Modelling, Elsevier, vol. 224(1), pages 1-10.
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    71. -, 2008. "Structural change and productivity growth, 20 years later: old problems, new opportunities," Documentos de posición del período de sesiones de la Comisión 2890, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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  44. Weitzman, M.L., 1991. "On Diversity," Harvard Institute of Economic Research Working Papers 1553, Harvard - Institute of Economic Research.

    Cited by:

    1. Pierre Courtois & Charles FiguiËres & ChloÈ Mulier & Joakim Weill, 2017. "A cost-benefit approach for prioritizing invasive species," Policy Papers 2017.06, FAERE - French Association of Environmental and Resource Economists.
    2. William Brock & Anastasios Xepapadeas, 2001. "Valuing Biodiversity from an Economic Perspective: A Unified Economic, Ecological and Genetic Approach," Working Papers 0102, University of Crete, Department of Economics.
    3. Akpalu, Wisdom, 2009. "Economics of biodiversity and sustainable fisheries management," Ecological Economics, Elsevier, vol. 68(10), pages 2729-2733, August.
    4. Martin L. Weitzman, 1998. "The Noah's Ark Problem," Econometrica, Econometric Society, vol. 66(6), pages 1279-1298, November.
    5. -, 2008. "Structural change and productivity growth, 20 years later: old problems, new opportunities," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2890 edited by Eclac.
    6. Alberto Alesina & Eliana La Ferrara, 2004. "Ethnic Diversity and Economic Performance," NBER Working Papers 10313, National Bureau of Economic Research, Inc.
    7. Swallow, Stephen K., 1996. "Economic Issues in Ecosystem Management: An Introduction and Overview," Agricultural and Resource Economics Review, Cambridge University Press, vol. 25(2), pages 83-100, October.
    8. Skea, Jim, 2010. "Valuing diversity in energy supply," Energy Policy, Elsevier, vol. 38(7), pages 3608-3621, July.
    9. Rizov, Marian, 2005. "Rural development under the European CAP: The role of diversity," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 42(4), pages 621-628.
    10. William Brock & Anastasios Xepapadeas, 2015. "Modeling Coupled Climate, Ecosystems, and Economic Systems," DEOS Working Papers 1508, Athens University of Economics and Business.
    11. Sebastian Bervoets & Nicolas Gravel, 2003. "Appraising diversity with an ordinal notion of similarity: an Axiomatic approach," IDEP Working Papers 0308, Institut d'economie publique (IDEP), Marseille, France.
    12. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer.
    13. Simianer, H. & Marti, S. B. & Gibson, J. & Hanotte, O. & Rege, J. E. O., 2003. "An approach to the optimal allocation of conservation funds to minimize loss of genetic diversity between livestock breeds," Ecological Economics, Elsevier, vol. 45(3), pages 377-392, July.
    14. Edward P. Lazear, 1995. "Culture and Language," NBER Working Papers 5249, National Bureau of Economic Research, Inc.
    15. Rizov, Marian, 2004. "Rural development and welfare implications of CAP reforms," Journal of Policy Modeling, Elsevier, vol. 26(2), pages 209-222, February.
    16. Zeppini Rossi, P. & Bergh, J.C.J.M. van der, 2008. "Optimal Diversity in Investments with Recombinant Innovation," CeNDEF Working Papers 08-12, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    17. BOSSERT, Walter & PATTANAIK, Prasanta K. & XU, Yongsheng, 2001. "The Measurement of Diversity," Cahiers de recherche 2001-17, Universite de Montreal, Departement de sciences economiques.
    18. Justman, Moshe & Gradstein, Mark, 2001. "Education, Social Cohesion and Economic Growth," CEPR Discussion Papers 2773, C.E.P.R. Discussion Papers.
    19. Christine Bertram & Martin F. Quaas, 2017. "Biodiversity and Optimal Multi-species Ecosystem Management," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(2), pages 321-350, June.
    20. Boppart, Timo & Staub, Kevin, 2012. "Online accessibility of academic articles and the diversity of economics," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62040, Verein für Socialpolitik / German Economic Association.
    21. Gans, J.S. & Hill, R.J., 1996. "Measuring Product Diversity," Papers 96/25, New South Wales - School of Economics.
    22. David, Paul A. & Rothwell, Geoffrey S., 1996. "Measuring standardization: An application to the American and French nuclear power industries," European Journal of Political Economy, Elsevier, vol. 12(2), pages 291-308, September.
    23. Meinard, Yves & Grill, Philippe, 2011. "The economic valuation of biodiversity as an abstract good," Ecological Economics, Elsevier, vol. 70(10), pages 1707-1714, August.
    24. Jean-Paul Chavas & Salvatore Di Falco, 2012. "On the Productive Value of Crop Biodiversity: Evidence from the Highlands of Ethiopia," Land Economics, University of Wisconsin Press, vol. 88(1), pages 58-74.
    25. List, John A & Bulte, Erwin H & Shogren, Jason F, 2002. ""Beggar Thy Neighbor": Testing for Free Riding in State-Level Endangered Species Expenditures," Public Choice, Springer, vol. 111(3-4), pages 303-315, June.
    26. Jacques Melitz, 2012. "A Framework for Analyzing Language and Welfare," Heriot-Watt University Economics Discussion Papers 1212, Department of Economics, School of Management and Languages, Heriot Watt University.
    27. Heritiana Ranaivoson, 2005. "The economic analysis of product diversity," Cahiers de la Maison des Sciences Economiques r05083, Université Panthéon-Sorbonne (Paris 1).
    28. Michael Brei & Agustin Perez Barahona & Eric Strobl, 2016. "Environmental pollution and biodiversity: Light pollution and sea turtles in the Caribbean," Post-Print hal-01320463, HAL.
    29. Jorge Mañana Rodríguez, 2017. "Disciplinarity and interdisciplinarity in citation and reference dimensions: knowledge importation and exportation taxonomy of journals," Scientometrics, Springer;Akadémiai Kiadó, vol. 110(2), pages 617-642, February.
    30. Desmet, Klaus & Ortuño-Ortin, Ignacio & Weber, Shlomo, 2005. "Peripheral Diversity and Redistribution," CEPR Discussion Papers 5112, C.E.P.R. Discussion Papers.
    31. Marcoul, Philippe & Weninger, Quinn, 2008. "Search and active learning with correlated information: Empirical evidence from mid-Atlantic clam fishermen," Journal of Economic Dynamics and Control, Elsevier, vol. 32(6), pages 1921-1948, June.
    32. Simpson, R. David & Craft, Amy, 1996. "The Social Value of Using Biodiversity in New Pharmaceutical Product Research," RFF Working Paper Series dp-96-33, Resources for the Future.
    33. Stephen Polasky, 2009. "Conservation economics: economic analysis of biodiversity conservation and ecosystem services," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 10(1), pages 1-20, March.
    34. David Marcouiller, 2013. "The rural development attributes of tourism," Chapters, in: Gary Paul Green (ed.), Handbook of Rural Development, chapter 9, pages i-ii, Edward Elgar Publishing.
    35. Banzhaf, H. Spencer & Boyd, James, 2005. "The Architecture and Measurement of an Ecosystem Services Index," Discussion Papers 10452, Resources for the Future.
    36. Christopher Esposito & David Rigby, 2017. "When Buzz and Pipelines Fail," Papers in Evolutionary Economic Geography (PEEG) 1701, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jan 2017.
    37. Gregorius, Hans-Rolf & Gillet, Elizabeth M., 2008. "Generalized Simpson-diversity," Ecological Modelling, Elsevier, vol. 211(1), pages 90-96.
    38. van den Bergh, Jeroen C.J.M., 2008. "Optimal diversity: Increasing returns versus recombinant innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 68(3-4), pages 565-580, December.
    39. McPherson, Michael A. & Nieswiadomy, Michael L., 2005. "Environmental Kuznets curve: threatened species and spatial effects," Ecological Economics, Elsevier, vol. 55(3), pages 395-407, November.
    40. Catherine M. Chambers & Paul E. Chambers & John R. Crooker & John C. Whitehead, 2008. "Stochastic Dominance, Entropy and Biodiversity Management," Working Papers 0807, University of Central Missouri, Department of Economics & Finance, revised May 2008.
    41. Armsworth, Paul R. & Kendall, Bruce E. & Davis, Frank W., 2004. "An introduction to biodiversity concepts for environmental economists," Resource and Energy Economics, Elsevier, vol. 26(2), pages 115-136, June.
    42. Edward P. Lazear, 1998. "Diversity and Immigration," NBER Working Papers 6535, National Bureau of Economic Research, Inc.
    43. Polasky, Stephen & Costello, Christopher & McAusland, Carol, 2004. "On trade, land-use, and biodiversity," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 911-925, September.
    44. Conrad, Jon M., 2018. "Real Options for Endangered Species," Ecological Economics, Elsevier, vol. 144(C), pages 59-64.
    45. Guttormsen, Atle G. & Kristofersson, Dadi & Nævdal, Eric, 2008. "Optimal management of renewable resources with Darwinian selection induced by harvesting," Journal of Environmental Economics and Management, Elsevier, vol. 56(2), pages 167-179, September.
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  45. Weitzman, M.L., 1991. "A Reduced Form Approach to Maximum Likelihood Estimation of Evolutionary Trees," Harvard Institute of Economic Research Working Papers 1569, Harvard - Institute of Economic Research.

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    1. Martin L. Weitzman, 1993. "What to Preserve? An Application of Diversity Theory to Crane Conservation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(1), pages 157-183.

  46. Sah, R.K. & Weitzman, M.L., 1988. "A Proposal For Using Incentive Pre-Commitments In Public Enterprise Funding," Papers 558, Yale - Economic Growth Center.

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    1. Pranab Bardhan and John E. Roemer., 1991. "Market Socialism: A Case for Rejuvenation," Economics Working Papers 91-175, University of California at Berkeley.
    2. Michael Boozer & Gustav Ranis & Frances Stewart & Tavneet Suri, 2003. "Paths to Success: The Relationship Between Human Development and Economic Growth," Working Papers 874, Economic Growth Center, Yale University.
    3. Serdar Ozturk & Seher Suluk, 2020. "The granger causality relationship between human development and economic growth: The case of Norway," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 9(6), pages 143-153, October.
    4. Farhad Noorbakhsh, "undated". "Human Development and Regional Disparities in Iran:A Policy Model," Working Papers 2001_1, Business School - Economics, University of Glasgow.
    5. Arne Bigsten & Jörgen Levin, 2001. "Growth, Income Distribution, and Poverty," WIDER Working Paper Series DP2001-129, World Institute for Development Economic Research (UNU-WIDER).
    6. Arne Bigsten & Jörgen Levin, 2010. "Growth, Income Distribution, and Poverty: A Review," Working Papers id:3296, eSocialSciences.
    7. Morrone, Henrique, 2015. "Do demand and profitability stimulate capital accumulation? An analysis for Brazil," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    8. Marjorie Gassner & Darwin Ugarte Ontiveros & Vincenzo Verardi, 2006. "Human Development and Electoral Systems," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 7(1), pages 43-57.
    9. Lykke E. Andersen & Oscar Molina, 2004. "Análisis Estadístico y Económico sobre las Características de la Permanencia y Acceso Diferenciado por Género en el Sistema Educativo Boliviano a Nivel Municipal," Development Research Working Paper Series 01/2004, Institute for Advanced Development Studies.
    10. Pillai N., Vijayamohanan, 2018. "The Dialectics of Motivation and Action: A Look into the ‘Why’ of the “Kerala Model”," MPRA Paper 87911, University Library of Munich, Germany.
    11. Enrico Casadio Tarabusi & Giulio Guarini, 2013. "An Unbalance Adjustment Method for Development Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 112(1), pages 19-45, May.
    12. Susan Randolph & Elizabeth Kaletski, 2018. "Securing Economic and Social Rights: Obstacle or Handmaiden to Growth?," Economic Rights Working Papers 26, University of Connecticut, Human Rights Institute.
    13. Rossana Guerra Sousa & Edilson Paulo & João Marôco, 2017. "Longitudinal Factor Analysis of Public Expenditure Composition and Human Development in Brazil After the 1988 Constitution," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 134(3), pages 1009-1026, December.
    14. Andersen, Lykke Eg, 2000. "Social Mobility in Latin America," Documentos de trabajo 3/2000, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana.
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    17. Marie-Claude Martin, 2008. "Individual and Collective Resources and Health in Morocco," WIDER Working Paper Series RP2008-21, World Institute for Development Economic Research (UNU-WIDER).

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    5. Jürgen Bracht & Tobias Regner, 2011. "Moral Emotions and Partnership," Jena Economics Research Papers 2011-028, Friedrich-Schiller-University Jena.
    6. Richard B. Freeman, 2003. "Changing the Guard: The Rise of the United States to Peak Capitalist Economy," NBER Chapters, in: Labor Markets and Firm Benefit Policies in Japan and the United States, pages 19-38, National Bureau of Economic Research, Inc.
    7. Derek C. Jones & Takao Kato & Jeffrey Pliskin, 1999. "Profit Sharing and Gainsharing: A Review of Theory, Incidence, and Effects," Macroeconomics 9903010, University Library of Munich, Germany.
    8. Ichiro Muto & Kohei Shintani, 2014. "An Empirical Study on the New Keynesian Wage Phillips Curve: Japan and the US," Bank of Japan Working Paper Series 14-E-4, Bank of Japan.
    9. Ang, James S. & Constand, Richard L., 1997. "Compensation and performance: the case of Japanese managers and directors," Journal of Multinational Financial Management, Elsevier, vol. 7(4), pages 275-304, December.
    10. Richard B. Freeman, 2007. "Labor Market Institutions Around the World," NBER Working Papers 13242, National Bureau of Economic Research, Inc.
    11. Antal, Miklós, 2014. "Green goals and full employment: Are they compatible?," Ecological Economics, Elsevier, vol. 107(C), pages 276-286.
    12. Kato, Takao,, 2016. "Productivity, wages and unions in Japan," ILO Working Papers 994904643402676, International Labour Organization.
    13. Morton, Peter J., 1998. "Annual bonuses, employment and productivity change in Taiwan's manufacturing sector," Journal of Economic Behavior & Organization, Elsevier, vol. 37(4), pages 481-507, December.
    14. Hijzen, Alexander & Kambayashi, Ryo & Teruyama, Hiroshi & Genda, Yuji, 2015. "The Japanese labour market during the global financial crisis and the role of non-standard work: A micro perspective," Journal of the Japanese and International Economies, Elsevier, vol. 38(C), pages 260-281.
    15. Maciej Kozłowski, 2020. "Unconventional incentive schemes in tourism enterprises, does it make sense?," Quality & Quantity: International Journal of Methodology, Springer, vol. 54(5), pages 1613-1632, December.
    16. Takao Kato, 2000. "The Recent Transformation of Participatory Employment Practices in Japan," NBER Working Papers 7965, National Bureau of Economic Research, Inc.
    17. Dhillon, Amrita & Petrakis, Emmanuel, 2001. "Prot-Sharing, Bertrand Competition and Monopoly Unions: A Note," Economic Research Papers 269382, University of Warwick - Department of Economics.
    18. Katharine G. Abraham & Susan N. Houseman, "undated". "Job Security and Work Force adjustment: How Different are U.S. and Japanese Practices?," Upjohn Working Papers kgasnh1989, W.E. Upjohn Institute for Employment Research.
    19. Kandel, Eugene & Pearson, Neil D., 2001. "Flexibility versus Commitment in Personnel Management," Journal of the Japanese and International Economies, Elsevier, vol. 15(4), pages 515-556, December.
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    21. Ohkusa, Yasushi & Ohtake, Fumio, 1997. "The Productivity Effects of Information Sharing, Profit Sharing, and ESOPs," Journal of the Japanese and International Economies, Elsevier, vol. 11(3), pages 385-402, September.
    22. Linda A. Bell & David Neumark, 1991. "Lump-Sums, Profit Sharing, and the Labor Costs in the Union Sector," NBER Working Papers 3630, National Bureau of Economic Research, Inc.
    23. Chang, Juin-jen & Lai, Ching-chong & Lin, Chung-cheng, 2003. "Profit sharing, worker effort, and double-sided moral hazard in an efficiency wage model," Journal of Comparative Economics, Elsevier, vol. 31(1), pages 75-93, March.
    24. Hiroyuki Kubota & Ichiro Muto & Mototsugu Shintani, 2022. "Monetary Policy, Labor Force Participation, and Wage Rigidity," IMES Discussion Paper Series 22-E-17, Institute for Monetary and Economic Studies, Bank of Japan.
    25. Daiji Kawaguchi & Keisuke Kawata & Takahiro Toriyabe, 2021. "An Assessment of Abenomics from the Labor Market Perspective," Asian Economic Policy Review, Japan Center for Economic Research, vol. 16(2), pages 247-278, July.
    26. Kato, Takao & Kubo, Katsuyuki, 2006. "CEO compensation and firm performance in Japan: Evidence from new panel data on individual CEO pay," Journal of the Japanese and International Economies, Elsevier, vol. 20(1), pages 1-19, March.
    27. Thomas Cornelissen & John S. Heywood & Uwe Jirjahn, 2010. "Profit Sharing and Reciprocity: Theory and Survey Evidence," SOEPpapers on Multidisciplinary Panel Data Research 292, DIW Berlin, The German Socio-Economic Panel (SOEP).
    28. Takao Kato, "undated". "Cooperate to Compete, Employee Participation and Productivity: Evidence from a New Survey of Japanese Firms," Economics Public Policy Brief Archive ppb_19, Levy Economics Institute.
    29. Takatoshi Ito & Kyoungsik Kang, 1989. "Bonuses, Overtime, and Employment: Korea vs. Japan," NBER Working Papers 3012, National Bureau of Economic Research, Inc.
    30. Abe, Naohito & Gaston, Noel & Kubo, Katsuyuki, 2005. "Executive pay in Japan: the role of bank-appointed monitors and the Main Bank relationship," Japan and the World Economy, Elsevier, vol. 17(3), pages 371-394, August.
    31. Benjamin Bridgman, 2011. "Competition, Work Rules and Productivity," 2011 Meeting Papers 289, Society for Economic Dynamics.
    32. Murase, Hideaki, 1998. "Equity ownership and the determination of managers' bonuses in Japanese firms1," Japan and the World Economy, Elsevier, vol. 10(3), pages 321-331, July.
    33. Takao Kato & Motohiro Morishima, 1998. "The Productivity Effects of Human Resource Management Practices: Evidence from New Japanese Panel Data," Macroeconomics 9812003, University Library of Munich, Germany, revised 08 Dec 1998.
    34. Lichtenberg, Frank R., 1995. "Labour market institutions, liquidity constraints, and macroeconomic stability," Journal of Economic Behavior & Organization, Elsevier, vol. 28(1), pages 145-154, September.
    35. Gary R. Saxonhouse, 1993. "Economic Growth and Trade Relations: Japanese Performance in Long-Term Perspective," NBER Chapters, in: Trade and Protectionism, pages 149-182, National Bureau of Economic Research, Inc.
    36. Drago, Robert & Turnbull, Geoffrey K., 1996. "On the incidence of profit sharing," Journal of Economic Behavior & Organization, Elsevier, vol. 31(1), pages 129-138, October.
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    39. Richard B. Freeman, 2005. "What Do Unions Do?-- The 2004 M-Brane Stringtwister Edition," Journal of Labor Research, Transaction Publishers, vol. 26(4), pages 641-668, November.
    40. Hara, Hiromi, 2018. "The gender wage gap across the wage distribution in Japan: Within- and between-establishment effects," Labour Economics, Elsevier, vol. 53(C), pages 213-229.
    41. Gábor R., István, 2008. "A hiányzó láncszem? Életpálya-keresetek és keresetingadozás [The missing link? Experience-earnings profiles and earnings fluctuation]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1057-1074.
    42. Robert Boyer & Michel Juillard, 1997. "Le rapport salarial japonais a-t-il atteint ses limites ?," Revue Économique, Programme National Persée, vol. 48(3), pages 731-739.
    43. Kimura, Takeshi & Ueda, Kazuo, 2001. "Downward Nominal Wage Rigidity in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 15(1), pages 50-67, March.
    44. Gary W. Florkowski, 1994. "Employment Growth and Stability under Profit-Sharing: A Longitudinal Study," British Journal of Industrial Relations, London School of Economics, vol. 32(3), pages 303-318, September.

  48. Martin L. Weitzman, 1984. "The Simple Macroeconomics of Profit Sharing," Working papers 357, Massachusetts Institute of Technology (MIT), Department of Economics.

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    1. Jürgen Jerger & Jochen Michaelis, 2010. "The Fixed Wage Puzzle : Why Profit Sharing Is So Hard to Implement," Working Papers 283, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
    2. Erhel, Christine & Zajdela, Hélène, 2003. "Que reste-t-il de la théorie du chômage de Keynes?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 79(1), pages 163-177, Mars-Juin.
    3. Koskela, Erkki & Stenbacka, Rune, 2001. "Equilibrium unemployment with credit and labour market imperfections," Bank of Finland Research Discussion Papers 5/2001, Bank of Finland.
    4. Patrick Artus & François Legendre & Pierre Morin, 1989. "Le partage du profit incite-t-il à travailler plus ?," Économie et Prévision, Programme National Persée, vol. 87(1), pages 105-111.
    5. Reynaud Benedicte, 1987. "Règles et l'incomplétude du contrat de travail dans le paradigme standard (les)," CEPREMAP Working Papers (Couverture Orange) 8742, CEPREMAP.
    6. Kenjiro Hori, 2006. "Profit-Sharing as the Optimal Wage Contract," Birkbeck Working Papers in Economics and Finance 0601, Birkbeck, Department of Economics, Mathematics & Statistics.
    7. Erkki Koskela & Rune Stenbacka, 2002. "Equilibrium Unemployment and Credit Market Imperfections: The Critical Role of Labour Mobility," CESifo Working Paper Series 654, CESifo.
    8. Gilles Saint-Paul, 2001. "Distribution and Growth in an Economy with Limited Needs," CESifo Working Paper Series 423, CESifo.
    9. Vikram Kumar, 2019. "Profit Shares as Virtual Equity: Short-Run Isomorphism of Share & Wage Systems," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 11(7), pages 1-45, July.
    10. Saint-Paul, Gilles, 2010. "A "quantum" approach to rational inattention," CEPR Discussion Papers 7739, C.E.P.R. Discussion Papers.
    11. Laffargue, Jean-Pierre & Malgrange, Pierre & Pujol, Thierry, 1992. "Une maquette trimestrielle de l’économie française avec anticipations rationnelles et concurrence monopolistique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 68(1), pages 225-261, mars et j.
    12. Sarah Brown & Lisa Farrell & Mark N. Harris & John G. Sessions, 2002. "Risk Preference And Employment Contract Type," Department of Economics - Working Papers Series 845, The University of Melbourne.
    13. Bénassy, Jean-Pascal, 1992. "Un modèle macroéconomique de chômage avec concurrence imparfaite et anticipations rationnelles," L'Actualité Economique, Société Canadienne de Science Economique, vol. 68(1), pages 23-42, mars et j.
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  59. Martin L. Weitzman, 1970. "Aggregation and Disaggregation in the Pure Theory of Capital and Growth: A New Parable," Cowles Foundation Discussion Papers 292, Cowles Foundation for Research in Economics, Yale University.

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    1. Martin L. Weitzman, 2016. "Some Theoretical Connections Among Wealth, Income, Sustainability, and Accounting," NBER Working Papers 22060, National Bureau of Economic Research, Inc.
    2. John C. V. Pezzey, 2002. "A One-sided Sustainability Test With Multiple Consumption Goods," Working Papers in Ecological Economics 0201, Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program.
    3. Jeffrey R. Vincent, 2001. "Are Greener National Accounts Better?," CID Working Papers 63A, Center for International Development at Harvard University.
    4. Asheim, Geir B., 2005. "Can NNP be used for welfare comparisons?," Memorandum 24/2005, Oslo University, Department of Economics.
    5. Asheim, Geir B., 2004. "Perspectives on Weitzman's stationary equivalent: Discussion of Kazuo Mino's "Weitzman's Rule with Market Distortions"," Japan and the World Economy, Elsevier, vol. 16(3), pages 331-335, August.
    6. John C. V. Pezzey, 2002. "One-sided Unsustainability Tests and NNP Measurement with Multiple Consumption Goods," Economics and Environment Network Working Papers 0208, Australian National University, Economics and Environment Network.
    7. Asheim, Geir B., 2000. "Green national accounting: why and how?," Environment and Development Economics, Cambridge University Press, vol. 5(1), pages 25-48, February.
    8. Mohajan, Haradhan, 2010. "Green net national product for the sustainability and social welfare," MPRA Paper 50840, University Library of Munich, Germany, revised 18 Feb 2011.

  60. Martin L. Weitzman, 1968. "Soviet Postwar Economic Growth and Capital Labor Substitution," Cowles Foundation Discussion Papers 256, Cowles Foundation for Research in Economics, Yale University.

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    1. Yang, Zhenlin & Chen, Gemai, 2004. "Tests of transformation in nonlinear regression," Economics Letters, Elsevier, vol. 84(3), pages 391-398, September.
    2. Philip E. Auerswald & Lokesh Dani, 2017. "The adaptive life cycle of entrepreneurial ecosystems: the biotechnology cluster," Small Business Economics, Springer, vol. 49(1), pages 97-117, June.
    3. Hezekiah Agwara & Philip Auerswald & Brian Higginbotham, 2014. "Algorithms and the Changing Frontier," NBER Working Papers 20039, National Bureau of Economic Research, Inc.
    4. Jan Hagemejer & Joanna Tyrowicz, 2021. "Structural change and misallocation: Firm‐level evidence from Poland," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 29(1), pages 95-122, January.
    5. Frederic S. Mishkin, 2007. "Is Financial Globalization Beneficial?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(2‐3), pages 259-294, March.
    6. Roberts, Bryan W. & Rodriguez, Alvaro, 1997. "Economic Growth under a Self-Interested Central Planner and Transition to a Market Economy," Journal of Comparative Economics, Elsevier, vol. 24(2), pages 121-139, April.
    7. Michael Knoblach & Fabian Stöckl, 2020. "What Determines The Elasticity Of Substitution Between Capital And Labor? A Literature Review," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 847-875, September.
    8. Zoltan J. Acs & Saul Estrin & Tomasz Mickiewicz & László Szerb, 2018. "Entrepreneurship, institutional economics, and economic growth: an ecosystem perspective," Small Business Economics, Springer, vol. 51(2), pages 501-514, August.
    9. Li, Shi & Whalley, John & Xing, Chunbing, 2014. "China's higher education expansion and unemployment of college graduates," China Economic Review, Elsevier, vol. 30(C), pages 567-582.
    10. Herbert Brücker & Wolfram Schrettl, 1996. "Transformation, Investitionen und Wachstum: eine theoretische Perspektive," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 65(1), pages 5-13.
    11. Stanley Fischer, 1994. "Russia and the Soviet Union Then and Now," NBER Chapters, in: The Transition in Eastern Europe, Volume 1, Country Studies, pages 221-258, National Bureau of Economic Research, Inc.
    12. Minsoo Lee & MoonJoong Tcha, 2002. "An Analysis of Fiscal Policy and Economics Growth: The Case of Transition Economies," Economics Discussion / Working Papers 02-12, The University of Western Australia, Department of Economics.
    13. Olenev, H.H. & Pechenkin, R.V. & Chernecov, A.M., 2007. "Параллельное Программирование В Matlab М Его Приложения [Parallel programming in MATLAB and its applications]," MPRA Paper 17796, University Library of Munich, Germany.
    14. Popov, Vladimir, 2006. "Life cycle of the centrally planned economy: Why Soviet growth rates peaked in the 1950s," MPRA Paper 28113, University Library of Munich, Germany.
    15. Paweł Bukowski & Filip Novokmet, 2021. "Between communism and capitalism: long-term inequality in Poland, 1892–2015," Journal of Economic Growth, Springer, vol. 26(2), pages 187-239, June.
    16. John Whalley & Xian Xin, 2006. "China's FDI and Non-FDI Economies and the Sustainability of Future High Chinese Growth," NBER Working Papers 12249, National Bureau of Economic Research, Inc.
    17. Broadberry, Stephen & Klein, Alexander, 2011. "When and why did eastern European economies begin to fail? Lessons from a Czechoslovak/UK productivity comparison, 1921-1991," Explorations in Economic History, Elsevier, vol. 48(1), pages 37-52, January.
    18. Kukic, Leonard, 2021. "Technical change and the postwar slowdown in Soviet economic growth," IFCS - Working Papers in Economic History.WH 33259, Universidad Carlos III de Madrid. Instituto Figuerola.
    19. Kukić, Leonard, 2017. "Socialist growth revisited: insights from Yugoslavia," Economic History Working Papers 85079, London School of Economics and Political Science, Department of Economic History.
    20. Popov, V., 2015. "Can Uzbekistan Economy Retain Its High Growth Rate? Scenarios of Economic Development in 2015-2030," Journal of the New Economic Association, New Economic Association, vol. 27(3), pages 163-181.
    21. Muhammad Javid, 2019. "Public and Private Infrastructure Investment and Economic Growth in Pakistan: An Aggregate and Disaggregate Analysis," Sustainability, MDPI, vol. 11(12), pages 1-22, June.
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    24. Perekhozhuk, Oleksandr, 2007. "Marktstruktur und Preisbildung auf dem ukrainischen Markt für Rohmilch [Market structure and pricing on the Ukrainian market for raw milk]," MPRA Paper 21958, University Library of Munich, Germany.
    25. Crafts, Nicholas & O’Rourke, Kevin Hjortshøj, 2014. "Twentieth Century Growth*This research has received funding from the European Research Council under the European Union’s Seventh Framework Programme (FP7/2007-2013) / ERC grant agreement no. 249546.," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 6, pages 263-346, Elsevier.
    26. Leonard Kukić, 2021. "The Nature Of Technological Failure: Patterns Of Biased Technical Change In Socialist Europe," Journal of Economic Surveys, Wiley Blackwell, vol. 35(3), pages 895-925, July.
    27. Mohsen Fardmanesh & Li Tan, 2009. "Structural Change in Transition Economies: Does Foreign Aid Matter?," Working Papers 982, Economic Growth Center, Yale University.
    28. Jan Hagemejer & Peter Szewczyk & Joanna Tyrowicz, 2018. "Misallocations go a long way: evidence from firm-level data," GRAPE Working Papers 31, GRAPE Group for Research in Applied Economics.
    29. Zuzana Brixiov?? & Ale?? Bul??r, 2002. "Growth Slowdown Under Central Planning: A Model of Poor Incentives," William Davidson Institute Working Papers Series 448, William Davidson Institute at the University of Michigan.
    30. Kyn, Oldrich & Kyn, Ludmila, 1974. "Macroeconomic Production Functions for Eastern Europe," MPRA Paper 23221, University Library of Munich, Germany, revised 08 Jun 2010.
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    32. Leandro Prados de la Escosura & Tamás Vonyó & Ilya B. Voskoboynikov, 2021. "Accounting For Growth In History," Journal of Economic Surveys, Wiley Blackwell, vol. 35(3), pages 655-669, July.
    33. Tamás Vonyó & Alexander Klein, 2017. "Why did socialist economies fail? The role of factor inputs reconsidered," Studies in Economics 1708, School of Economics, University of Kent.
    34. Jinghai Zheng & Angang Hu, 2006. "An Empirical Analysis of Provincial Productivity in China (1979-2001)," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 4(3), pages 221-239.
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    36. Bukowski, Pawel & Novokmet, Filip, 2021. "Between communism and capitalism: long-term inequality in Poland, 1892–2015," LSE Research Online Documents on Economics 110221, London School of Economics and Political Science, LSE Library.
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    39. Fiona Sussan & Zoltan J. Acs, 2017. "The digital entrepreneurial ecosystem," Small Business Economics, Springer, vol. 49(1), pages 55-73, June.
    40. Minsoo Lee & MoonJoong Tcha, 2004. "The color of money: The effects of foreign direct investment on economic growth in transition economies," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 140(2), pages 211-229, June.
    41. Koopman, Robert B., 1989. "Efficiency and Growth in Agriculture: A Comparative Study of the Soviet Union, United States, Canada, and Finland," Staff Reports 278252, United States Department of Agriculture, Economic Research Service.
    42. Fardmanesh, Mohsen & Tan, Li, 2009. "Structural Change in Transition Economies: Does Foreign Aid Matter?," Center Discussion Papers 56754, Yale University, Economic Growth Center.
    43. Sangaralingam Ramesh, 2020. "Entrepreneurship in China and India," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(1), pages 321-355, March.
    44. Hezekiah Agwara & Philip Auerswald & Brian Higginbotham, 2013. "Algorithms and the Changing Frontier," NBER Chapters, in: The Changing Frontier: Rethinking Science and Innovation Policy, pages 371-410, National Bureau of Economic Research, Inc.
    45. Richard Carson, 2020. "Inclusiveness, Growth, and Political Support," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 46(4), pages 557-575, October.
    46. Brendan K. Beare, 2008. "The Soviet Economic Decline Revisited," Econ Journal Watch, Econ Journal Watch, vol. 5(2), pages 135-144, May.
    47. Yadulla Hasanli & Elkhan Richard Sadik-Zada & Simrah Ismayilova & Günay Rahimli & Farida Ismayilova, 2023. "Could the Lacking Absorption Capacity of the Inflowing Capital Be the Real Cause of the Resource Curse?—A Case Study of Transition Economies," Sustainability, MDPI, vol. 15(14), pages 1-17, July.

  61. Martin L. Weitzman, 1967. "Iterative Multi-Level Planning with Production Targets," Cowles Foundation Discussion Papers 239, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Lagerlöf Nils-Petter, 2012. "A Dynamic Theory of Competence, Loyalty and Stability in Dictatorships," The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(1), pages 1-39, March.
    2. Xin Meng & Nancy Qian & Pierre Yared, 2010. "The Institutional Causes of China's Great Famine, 1959-61," NBER Working Papers 16361, National Bureau of Economic Research, Inc.
    3. Nijkamp, P. & Rietveld, P., 1979. "Multilevel multiobjective models in a multiregional system : paper presented at the meeting of the European working group on multicriteria analysis, Amsterdam, April 1979," Serie Research Memoranda 0003, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    4. Richard E. Ericson, 2019. "Martin L. Weitzman," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 61(4), pages 639-641, December.
    5. Dilip Mookherjee, 2008. "The 2007 Nobel Memorial Prize in Mechanism Design Theory," Scandinavian Journal of Economics, Wiley Blackwell, vol. 110(2), pages 237-260, June.

  62. Weitzman, Martin L., 1965. "Utility Analysis and Group Behavior: An Empirical Study," Scholarly Articles 3710799, Harvard University Department of Economics.

    Cited by:

    1. Bruno Jullien & Bernard Salanié, 1997. "Estimating Preferences under Risk : The Case of Racetrack Bettors," Working Papers 97-39, Center for Research in Economics and Statistics.
    2. Marshall Gramm & C. Nicholas McKinney & Douglas H. Owens & Matt E. Ryan, 2007. "What Do Bettors Want? Determinants of Pari‐Mutuel Betting Preference," American Journal of Economics and Sociology, Wiley Blackwell, vol. 66(3), pages 465-491, July.
    3. Frantisek Kopriva, 2015. "Constant Bet Size? Don't Bet on It! Testing Expected Utility Theory on Betfair Data," CERGE-EI Working Papers wp545, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    4. Mark Schneider & Robert Day, 2018. "Target-Adjusted Utility Functions and Expected-Utility Paradoxes," Management Science, INFORMS, vol. 64(1), pages 271-287, January.
    5. Foster, Gigi & Frijters, Paul & Schaffner, Markus & Torgler, Benno, 2018. "Expectation formation in an evolving game of uncertainty: New experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 154(C), pages 379-405.
    6. Bill Woodland & Linda Woodland, 1999. "Expected utility, skewness, and the baseball betting market," Applied Economics, Taylor & Francis Journals, vol. 31(3), pages 337-345.
    7. Gigi Foster & Paul Frijters & Markus Schaffner & Benno Torgler, 2013. "Expectation Formation in an Evolving Game of Uncertainty: Theory and New Experimental Evidence," CREMA Working Paper Series 2013-19, Center for Research in Economics, Management and the Arts (CREMA).
    8. Martin Kukuk & Stefan Winter, 2008. "An Alternative Explanation of the Favorite-Longshot Bias," Journal of Gambling Business and Economics, University of Buckingham Press, vol. 2(2), pages 79-96, September.
    9. Feess, Eberhard & Müller, Helge & Schumacher, Christoph, 2016. "Estimating risk preferences of bettors with different bet sizes," European Journal of Operational Research, Elsevier, vol. 249(3), pages 1102-1112.
    10. Brown, Alasdair & Yang, Fuyu, 2015. "Does society underestimate women? Evidence from the performance of female jockeys in horse racing," Journal of Economic Behavior & Organization, Elsevier, vol. 111(C), pages 106-118.
    11. Russell Sobel & S. Travis Raines, 2003. "An examination of the empirical derivatives of the favourite-longshot bias in racetrack betting," Applied Economics, Taylor & Francis Journals, vol. 35(4), pages 371-385.
    12. Leighton Vaughan Williams & Ming‐Chien Sung & Peter A. F. Fraser‐Mackenzie & John Peirson & Johnnie E. V. Johnson, 2018. "Towards an Understanding of the Origins of the Favourite–Longshot Bias: Evidence from Online Poker Markets, a Real‐money Natural Laboratory," Economica, London School of Economics and Political Science, vol. 85(338), pages 360-382, April.
    13. Ariane Charpin, 2018. "Tests des modèles de décision en situation de risque. Le cas des parieurs hippiques en France," Revue économique, Presses de Sciences-Po, vol. 69(5), pages 779-803.
    14. Norton, Hugh & Gray, Steve & Faff, Robert, 2015. "Yes, one-day international cricket ‘in-play’ trading strategies can be profitable!," Journal of Banking & Finance, Elsevier, vol. 61(S2), pages 164-176.
    15. Pierre-Andre Chiappori & Bernard Salanie & Francois Salanie & Amit Gandhi, 2019. "From aggregate betting data to individual risk preferences," Post-Print hal-02121859, HAL.
    16. Marco Ottaviani & Peter Norman Sorensen, 2010. "Noise, Information, and the Favorite-Longshot Bias in Parimutuel Predictions," American Economic Journal: Microeconomics, American Economic Association, vol. 2(1), pages 58-85, February.
    17. Ioannis Asimakopoulos & John Goddard, 2004. "Forecasting football results and the efficiency of fixed-odds betting," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 23(1), pages 51-66.
    18. Bjerksund, Petter & Stensland, Gunnar, 2017. "Profitable Robot Strategies in Pari-Mutuel Betting," Discussion Papers 2017/6, Norwegian School of Economics, Department of Business and Management Science.
    19. Brown, Lawrence D. & Lin, Yi, 2003. "Racetrack betting and consensus of subjective probabilities," Statistics & Probability Letters, Elsevier, vol. 62(2), pages 175-187, April.
    20. Bin-Tzong Chie & Chih-Hwa Yang, 2021. "Efficiency of the Experimental Prediction Market: Public Information, Belief Evolution, and Personality Traits," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 11(4), pages 1-3.
    21. Per Binde, 2005. "Gambling Across Cultures: Mapping Worldwide Occurrence and Learning from Ethnographic Comparison," International Gambling Studies, Taylor & Francis Journals, vol. 5(1), pages 1-27, June.
    22. Whelan, Karl, 2023. "Risk Aversion and Favorite-Longshot Bias in a Competitive Fixed-Odds Betting Market," MPRA Paper 116923, University Library of Munich, Germany.
    23. Vincenzo Candila & Antonio Scognamillo, 2019. "On the Longshot Bias in Tennis Betting Markets: The Casco Normalization," Working Papers 3_236, Dipartimento di Scienze Economiche e Statistiche, Università degli Studi di Salerno.
    24. Montone, Maurizio, 2021. "Optimal pricing in the online betting market," Journal of Economic Behavior & Organization, Elsevier, vol. 186(C), pages 344-363.
    25. Wolfers, Justin & Snowberg, Erik, 2010. "Explaining the Favorite-Longshot Bias: Is it Risk-Love or Misperceptions?," CEPR Discussion Papers 7801, C.E.P.R. Discussion Papers.
    26. Colquitt, L. Lee & Godwin, Norman H. & Swidler, Steve, 2004. "Betting on long shots in NCAA basketball games and implications for skew loving behavior," Finance Research Letters, Elsevier, vol. 1(2), pages 119-126, June.
    27. Michael Cain & David Law & David Peel, 2003. "The Favourite‐Longshot Bias, Bookmaker Margins and Insider Trading in a Variety of Betting Markets," Bulletin of Economic Research, Wiley Blackwell, vol. 55(3), pages 263-273, July.
    28. Maschke Mario & Schmidt Ulrich, 2011. "Das Wettmonopol in Deutschland: Status quo und Reformansätze," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 60(1), pages 110-124, April.
    29. Niko Suhonen, 2011. "Market Efficiency in Finnish Harness Horse Racing," Finnish Economic Papers, Finnish Economic Association, vol. 24(1), pages 55-63, Spring.
    30. Gregory G. Brunk, 1981. "A Test of the Friedman-Savage Gambling Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 96(2), pages 341-348.
    31. Mary Riddel, 2014. "How Do Long‐Shot Outcomes Affect Preferences for Climate‐Change Mitigation?," Southern Economic Journal, John Wiley & Sons, vol. 80(3), pages 752-771, January.
    32. Stewart Hodges & Hao Lin & Lan Liu, 2013. "Fixed Odds Bookmaking with Stochastic Betting Demands," European Financial Management, European Financial Management Association, vol. 19(2), pages 399-417, March.
    33. Kenneth L. Rhoda & Gerard T. Olson & Jack M. Rappaport, 1999. "Risk Preferences And Information Flows In Racetrack Betting Markets," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 22(3), pages 265-285, September.
    34. McGee, Richard J. & Johnson, Johnnie E.V., 2017. "Everyone’s a winner: The market impact of technologically advantaged agents," Economics Letters, Elsevier, vol. 156(C), pages 95-98.
    35. Philip W. S. Newall & Dominic Cortis, 2021. "Are Sports Bettors Biased toward Longshots, Favorites, or Both? A Literature Review," Risks, MDPI, vol. 9(1), pages 1-9, January.
    36. Franke, Maximilian, 2020. "Do market participants misprice lottery-type assets? Evidence from the European soccer betting market," The Quarterly Review of Economics and Finance, Elsevier, vol. 75(C), pages 1-18.
    37. Jullien, Bruno & Salanié, Bernard, 2005. "Empirical Evidence on the Preferences of Racetrack Bettors," IDEI Working Papers 178, Institut d'Économie Industrielle (IDEI), Toulouse.
    38. Kajii, Atsushi & Watanabe, Takahiro, 2017. "Favorite–longshot bias in pari-mutuel betting: An evolutionary explanation," Journal of Economic Behavior & Organization, Elsevier, vol. 140(C), pages 56-69.
    39. M. Cain & D. Peel & D. Law, 2002. "Skewness as an explanation of gambling by locally risk averse agents," Applied Economics Letters, Taylor & Francis Journals, vol. 9(15), pages 1025-1028.
    40. Hassett, Kevin & Zhong, Weifeng, 2017. "On the Observational Implications of Knightian Uncertainty," MPRA Paper 82998, University Library of Munich, Germany.
    41. Swidler, Steve & Shaw, Ron, 1995. "Racetrack wagering and the "uninformed" bettor: A study of market efficiency," The Quarterly Review of Economics and Finance, Elsevier, vol. 35(3), pages 305-314.
    42. Jinook Jeong & Jee Young Kim & Yoon Jae Ro, 2017. "On the Efficiency of Racetrack Betting Market: A New Test for the Favorite-Longshot Bias," Working papers 2017rwp-106, Yonsei University, Yonsei Economics Research Institute.
    43. William Hurley & Lawrence McDonough, 2007. "Imperfect Market-Maker Competition, Heterogeneous Expectations, and The Favourite-Longshot Bias in Wagering Markets," Journal of Gambling Business and Economics, University of Buckingham Press, vol. 1(1), pages 3-12, February.
    44. Yu, Dian & Gao, Jianjun & Wang, Tongyao, 2022. "Betting market equilibrium with heterogeneous beliefs: A prospect theory-based model," European Journal of Operational Research, Elsevier, vol. 298(1), pages 137-151.
    45. Razvan Tarnaud, 2019. "Convergence within binary market scoring rules," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(4), pages 1017-1050, November.
    46. Brown, Alasdair & Yang, Fuyu, 2019. "The wisdom of large and small crowds: Evidence from repeated natural experiments in sports betting," International Journal of Forecasting, Elsevier, vol. 35(1), pages 288-296.
    47. Matti Koivuranta & Marko Korhonen, 2019. "Misperception explains favorite-longshot bias: evidence from the Finnish and Swedish harness horse race markets," Empirical Economics, Springer, vol. 57(6), pages 2149-2160, December.
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    49. Linda M. Woodland & Bill M. Woodland, 2011. "The Reverse Favorite-Longshot Bias in the National Hockey League: Do Bettors Still Score on Longshots?," Journal of Sports Economics, , vol. 12(1), pages 106-117, February.
    50. Stefan Winter & Martin Kukuk, 2008. "Do horses like vodka and sponging? - On market manipulation and the favourite-longshot bias," Applied Economics, Taylor & Francis Journals, vol. 40(1), pages 75-87.

Articles

  1. Martin L. Weitzman, 2020. "Prices or Quantities Can Dominate Banking and Borrowing," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(2), pages 437-463, April.

    Cited by:

    1. Qi, Xiaoyuan & Han, Ying, 2023. "Research on the evolutionary strategy of carbon market under “dual carbon” goal: From the perspective of dynamic quota allocation," Energy, Elsevier, vol. 274(C).
    2. Julie Metta & Coline Metta-Versmessen & Valeria Alvarado, 2024. "Managing Municipal Solid Waste with low citizen involvement: the case of Hong Kong," Working Papers 2024.03, FAERE - French Association of Environmental and Resource Economists.

  2. Martin L. Weitzman, 2019. "For International Cap-and-Trade in Carbon Permits, Price Stabilization Introduces Secondary Free-Rider-Type Problems," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(2), pages 939-942, October.

    Cited by:

    1. Yunting Feng & Yong Geng & Ge Zhao & Mengya Li, 2022. "Carbon Emission Constraint Policy in an OEM and Outsourcing Remanufacturer Supply Chain with Consumer Preferences," IJERPH, MDPI, vol. 19(8), pages 1-16, April.
    2. Woerman, Matthew, 2017. "Linking Carbon Markets with Different Initial Conditions," RFF Working Paper Series 17-16, Resources for the Future.
    3. Ayman Hassan Bazhair & Saleh F. A. Khatib & Hamzeh Al Amosh, 2022. "Taking Stock of Carbon Disclosure Research While Looking to the Future: A Systematic Literature Review," Sustainability, MDPI, vol. 14(20), pages 1-24, October.
    4. Xiqiang Xia & Mengya Li & Biao Li & Hao Wang, 2021. "The Impact of Carbon Trade on Outsourcing Remanufacturing," IJERPH, MDPI, vol. 18(20), pages 1-18, October.

  3. Torben K. Mideksa & Martin L. Weitzman, 2019. "Prices versus Quantities across Jurisdictions," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 6(5), pages 883-891.

    Cited by:

    1. Turner, Karen & Alabi, Oluwafisayo & Katris, Antonios & Swales, Kim, 2022. "The importance of labour market responses, competitiveness impacts, and revenue recycling in determining the political economy costs of broad carbon taxation in the UK," Energy Economics, Elsevier, vol. 116(C).
    2. Harstad, Bård & Lancia, Francesco & Russo, Alessia, 2022. "Prices vs. quantities for self-enforcing agreements," Journal of Environmental Economics and Management, Elsevier, vol. 111(C).
    3. Carlos Hervés-Beloso & Francisco Martínez-Concha, 2023. "Coasian rights in a cap-and-trade mechanism with damage compensations," European Journal of Law and Economics, Springer, vol. 56(3), pages 425-441, December.
    4. Jihad C. Elnaboulsi & Wassim Daher & Yiğit Sağlam, 2023. "Environmental taxation, information precision, and information sharing," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(2), pages 301-341, April.

  4. Wagner, Gernot & Weitzman, Martin L., 2018. "Potentially large equilibrium climate sensitivity tail uncertainty," Economics Letters, Elsevier, vol. 168(C), pages 144-146.

    Cited by:

    1. Runst, Petrik & Höhle, David, 2022. "The German eco tax and its impact on CO2 emissions," Energy Policy, Elsevier, vol. 160(C).

  5. Martin L. Weitzman, 2017. "On a World Climate Assembly and the Social Cost of Carbon," Economica, London School of Economics and Political Science, vol. 84(336), pages 559-586, October.
    See citations under working paper version above.
  6. Weitzman, Martin L., 2017. "Voting on prices vs. voting on quantities in a World Climate Assembly," Research in Economics, Elsevier, vol. 71(2), pages 199-211.
    See citations under working paper version above.
  7. Martin L. Weitzman, 2015. "A Voting Architecture for the Governance of Free-Driver Externalities, with Application to Geoengineering," Scandinavian Journal of Economics, Wiley Blackwell, vol. 117(4), pages 1049-1068, October.
    See citations under working paper version above.
  8. Martin L. Weitzman, 2015. "Book Review—A Review of William Nordhaus' The Climate Casino: Risk, Uncertainty, and Economics for a Warming World," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 9(1), pages 145-156.

    Cited by:

    1. Ar'anzazu de Juan & Pilar Poncela & Vladimir Rodr'iguez-Caballero & Esther Ruiz, 2022. "Economic activity and climate change," Papers 2206.03187, arXiv.org, revised Jun 2022.
    2. Kent D. Daniel & Robert B. Litterman & Gernot Wagner, 2016. "Applying Asset Pricing Theory to Calibrate the Price of Climate Risk," NBER Working Papers 22795, National Bureau of Economic Research, Inc.

  9. Martin L. Weitzman, 2015. "Internalizing the Climate Externality: Can a Uniform Price Commitment Help?," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).

    Cited by:

    1. Antón, Arturo, 2020. "Taxing crude oil: A financing alternative to mitigate climate change?," Energy Policy, Elsevier, vol. 136(C).
    2. Christian Gambardella & Michael Pahle & Wolf-Peter Schill, 2016. "Do Benefits from Dynamic Tariffing Rise? Welfare Effects of Real-Time Pricing under Carbon-Tax-Induced Variable Renewable Energy Supply," Discussion Papers of DIW Berlin 1621, DIW Berlin, German Institute for Economic Research.
    3. Sigit Perdana & Rod Tyers, 2018. "Global climate change mitigation: Strategic incentives," CAMA Working Papers 2018-10, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    4. Hajime Takatsuka, 2020. "Uniform emission taxes, abatement, and spatial disparities," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(4), pages 1133-1166, October.
    5. William D. Nordhaus, 2021. "Climate Club Futures: On the Effectiveness of Future Climate Clubs," Cowles Foundation Discussion Papers 2286, Cowles Foundation for Research in Economics, Yale University.
    6. Newbery, David, 2018. "Policies for decarbonizing a liberalized power sector," CEPR Discussion Papers 12647, C.E.P.R. Discussion Papers.
    7. Gianluca Grilli, 2017. "Renewable energy and willingness to pay: Evidences from a meta-analysis," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2017(1-2), pages 253-271.
    8. Christian de Perthuis, 2016. "The Paris Agreement and the "free rider"," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2016(3), pages 31-44.
    9. Etienne Espagne, 2016. "Climate Finance at COP21 and After: Lessons Learnt," CEPII Policy Brief 2016-09, CEPII research center.
    10. Adrian Amelung, 2016. "Das "Paris-Agreement": Durchbruch der Top-Down-Klimaschutzverhandlungen im Kreise der Vereinten Nationen," Otto-Wolff-Institut Discussion Paper Series 03/2016, Otto-Wolff-Institut für Wirtschaftsordnung, Köln, Deutschland.
    11. Inmaculada Martinez-Zarzoso & Leon Pilgrim, 2023. "Revisiting the link between income inequality and emissions," Working Papers 2023.04, International Network for Economic Research - INFER.
    12. Hofmann, Elisa & Kyriacou, Lucas & Schmidt, Klaus M., 2021. "A Model United Nations Experiment on Climate Negotiations," Rationality and Competition Discussion Paper Series 266, CRC TRR 190 Rationality and Competition.
    13. Schmidt, Klaus M., 2021. "Das Design von Klimaschutzverhandlungen," Rationality and Competition Discussion Paper Series 270, CRC TRR 190 Rationality and Competition.
    14. Peter Cramton, Axel, Ockenfels, and Steven Stoft, 2015. "Symposium on "International Climate Negotiations" - Introduction," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
    15. Michael G. Pollitt, 2016. "A Global Carbon Market?," Cambridge Working Papers in Economics 1615, Faculty of Economics, University of Cambridge.
    16. Silva, D.A.L. & Filleti, R.A.P. & Musule, R. & Matheus, T.T. & Freire, F., 2022. "A systematic review and life cycle assessment of biomass pellets and briquettes production in Latin America," Renewable and Sustainable Energy Reviews, Elsevier, vol. 157(C).
    17. Robert S. Pindyck, 2017. "Coase Lecture—Taxes, Targets and the Social Cost of Carbon," Economica, London School of Economics and Political Science, vol. 84(335), pages 345-364, July.
    18. Aldy, Joseph, 2017. "Designing and Updating a US Carbon Tax in an Uncertain World," Working Paper Series rwp17-001, Harvard University, John F. Kennedy School of Government.
    19. Cseh, Arpad, 2016. "Designing a Climate Agreement for the Reality of Self-interested and Short-term Oriented Nations," MPRA Paper 71428, University Library of Munich, Germany.
    20. Atalla, Tarek & Bigerna, Simona & Bollino, Carlo Andrea & Polinori, Paolo, 2018. "An alternative assessment of global climate policies," Journal of Policy Modeling, Elsevier, vol. 40(6), pages 1272-1289.
    21. Frondel, Manuel, 2017. "Deutschlands Klimapolitik: Höchste Zeit für einen Strategiewechsel," RWI Materialien 117, RWI - Leibniz-Institut für Wirtschaftsforschung.
    22. Hofmann Elisa & Kyriacou Lucas & Schmidt Klaus M., 2023. "A Model United Nations Experiment on Climate Negotiations," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 243(5), pages 543-566, October.
    23. Katharina Erdmann & Aleksandar Zaklan & Claudia Kemfert, 2019. "Linking Cap-and-Trade Systems and Green Finance," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 88(2), pages 89-100.
    24. Svetlana Gercheva, 2020. "Tax or Trade: Community Energy Taxation in the Context of Climate Neutrality," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 9(1), pages 168-178, April.
    25. Xiaoshuai Fan & Kanglin Chen & Ying-Ju Chen, 2023. "Is Price Commitment a Better Solution to Control Carbon Emissions and Promote Technology Investment?," Management Science, INFORMS, vol. 69(1), pages 325-341, January.
    26. Peter Cramton, Axel Ockenfels, and Steven Stoft, 2015. "An International Carbon-Price Commitment Promotes Cooperation," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).

  10. Kenneth J. Arrow & Maureen L. Cropper & Christian Gollier & Ben Groom & Geoffrey M. Heal & Richard G. Newell & William D. Nordhaus & Robert S. Pindyck & William A. Pizer & Paul R. Portney & Thomas Ste, 2014. "Editor's Choice Should Governments Use a Declining Discount Rate in Project Analysis?," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(2), pages 145-163.

    Cited by:

    1. Thomas Buchholz & John Gunn & Bruce Springsteen & Gregg Marland & Max Moritz & David Saah, 2022. "Probability-based accounting for carbon in forests to consider wildfire and other stochastic events: synchronizing science, policy, and carbon offsets," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 27(1), pages 1-21, January.
    2. Richard S.J. Tol, 2018. "The impact of climate change and the social cost of carbon," Working Paper Series 1318, Department of Economics, University of Sussex Business School.
    3. Bård Harstad, 2018. "Pledge-and-Review Bargaining," CESifo Working Paper Series 7296, CESifo.
    4. David Anthoff & Richard S. J. Tol, 2021. "Testing the Dismal Theorem," CESifo Working Paper Series 8939, CESifo.
    5. Peng, Ling & Kloeden, Peter E., 2021. "Time-consistent portfolio optimization," European Journal of Operational Research, Elsevier, vol. 288(1), pages 183-193.
    6. Rick Van der Ploeg & Armon Rezai, 2018. "Simple Rules For Climate Policy And Integrated Assessment," OxCarre Working Papers 213, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    7. Eric Fesselmeyer & Haoming Liu & Alberto Salvo, 2022. "Declining discount rates in Singapore's market for privately developed apartments," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 330-350, March.
    8. Sigit Perdana & Rod Tyers, 2018. "Global climate change mitigation: Strategic incentives," CAMA Working Papers 2018-10, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    9. Yew-Kwang Ng, 2016. "The Importance of Global Extinction in Climate Change Policy," Global Policy, London School of Economics and Political Science, vol. 7(3), pages 315-322, September.
    10. Chunbo Zhang & Mingming Hu & Xining Yang & Arianna Amati & Arnold Tukker, 2020. "Life cycle greenhouse gas emission and cost analysis of prefabricated concrete building façade elements," Journal of Industrial Ecology, Yale University, vol. 24(5), pages 1016-1030, October.
    11. Nicholas Z. Muller, 2016. "The Derivation of Discount Rates with an Augmented Measure of Income," NBER Working Papers 22579, National Bureau of Economic Research, Inc.
    12. Peter Abelson & Tim Dalton, 2018. "Choosing the Social Discount Rate for Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 51(1), pages 52-67, March.
    13. Harstad, Bård, 2021. "A Theory of Pledge-and-Review Bargaining," Memorandum 5/2022, Oslo University, Department of Economics, revised 21 Jun 2021.
    14. Yongyang Cai, 2020. "The Role of Uncertainty in Controlling Climate Change," Papers 2003.01615, arXiv.org, revised Oct 2020.
    15. Mark C. Freeman & Ben Groom & Ekaterini Panopoulou & Theologos Pantelidis, 2013. "Declining discount rates and the Fisher Effect: Inflated past, discounted future?," GRI Working Papers 109, Grantham Research Institute on Climate Change and the Environment.
    16. Graeme J. Doole & Geoff Kaine & Zack Dorner, 2019. "The optimal diffusion of mitigation options for environmental management," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(2), pages 354-382, April.
    17. Marion Dupoux, 2019. "The land use change time-accounting failure," Post-Print hal-02409626, HAL.
    18. Zhou, Yuwen & Tian, Lixin & Yang, Xiaoguang, 2023. "Schumpeterian endogenous growth model under green innovation and its enculturation effect," Energy Economics, Elsevier, vol. 127(PB).
    19. Green, Gareth P. & Richards, Timothy J., 2018. "Discounting Environmental Goods," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 43(2), May.
    20. Johannes Emmerling, Ben Groom, Tanja Wettingfeld, 2017. "Discounting and the Representative Median Agent," GRI Working Papers 271, Grantham Research Institute on Climate Change and the Environment.
    21. Christian Gollier & Frederick van der Ploeg & Jiakun Zheng, 2022. "The discounting premium puzzle: survey evidence from professional economists," Economics Series Working Papers 976, University of Oxford, Department of Economics.
    22. Justin Contat & Caroline Hopkins & Luis Mejia & Matthew Suandi, 2023. "When Climate Meets Real Estate: A Survey of the Literature," FHFA Staff Working Papers 23-05, Federal Housing Finance Agency.
    23. Richard D. Horan & Eli P. Fenichel & David Finnoff & Carson Reeling, 2018. "A Portfolio-Balancing Approach to Natural Capital and Liabilities: Managing Livestock and Wildlife Diseases with Cross-Species Transmission," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(3), pages 673-689, July.
    24. Richard S.J. Tol, 2019. "A social cost of carbon for (almost) every country," Working Paper Series 0219, Department of Economics, University of Sussex Business School.
    25. Monika Foltyn-Zarychta, 2021. "Future-Generation Perception: Equal or Not Equal? Long-Term Individual Discount Rates for Poland," Energies, MDPI, vol. 14(24), pages 1-19, December.
    26. Hänsel, Martin C. & Quaas, Martin F., 2018. "Intertemporal Distribution, Suffciency, and the Social Cost of Carbon," Open Access Publications from Kiel Institute for the World Economy 233103, Kiel Institute for the World Economy (IfW Kiel).
    27. Steffen, Bjarne, 2020. "Estimating the cost of capital for renewable energy projects," Energy Economics, Elsevier, vol. 88(C).
    28. Freeman, Mark C. & Groom, Ben, 2016. "How certain are we about the certainty-equivalent longterm social discount rate?," LSE Research Online Documents on Economics 67258, London School of Economics and Political Science, LSE Library.
    29. Tamai, Toshiki, 2023. "The rate of discount on public investments with future bias in an altruistic overlapping generations model," European Journal of Political Economy, Elsevier, vol. 79(C).
    30. Strulik, Holger, 2017. "Hyperbolic discounting and the time-consistent solution of three canonical environmental problems," University of Göttingen Working Papers in Economics 319, University of Goettingen, Department of Economics, revised 2017.
    31. Geoff Bright & Emily Connors & Joe Grice, 2019. "Measuring natural capital: towards accounts for the UK and a basis for improved decision-making," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 35(1), pages 88-108.
    32. Rafał Buła & Monika Foltyn-Zarychta, 2022. "Declining Discount Rates for Energy Policy Investments in CEE EU Member Countries," Energies, MDPI, vol. 16(1), pages 1-27, December.
    33. Chichilnisky, Graciela & Hammond, Peter J. & Stern, Nicholas, 2020. "Fundamental Utilitarianism and Intergenerational Equity with Extinction Discounting," CAGE Online Working Paper Series 451, Competitive Advantage in the Global Economy (CAGE).
    34. Leurent, Martin & Da Costa, Pascal & Jasserand, Frédéric & Rämä, Miika & Persson, Urban, 2018. "Cost and climate savings through nuclear district heating in a French urban area," Energy Policy, Elsevier, vol. 115(C), pages 616-630.
    35. Michael D. Bauer & Glenn D. Rudebusch, 2023. "The Rising Cost of Climate Change: Evidence from the Bond Market," The Review of Economics and Statistics, MIT Press, vol. 105(5), pages 1255-1270, September.
    36. Rennert, Kevin & Prest, Brian C. & Pizer, William & Newell, Richard G. & Anthoff, David & Kingdon, Cora & Rennels, Lisa & Cooke, Roger & Raftery, Adrian E. & Ševčíková, Hana & Errickson, Frank, 2021. "The Social Cost of Carbon: Advances in Long-Term Probabilistic Projections of Population, GDP, Emissions, and Discount Rates," RFF Working Paper Series 21-28, Resources for the Future.
    37. Alexey Komzolov & Tatiana Kirichenko & Olga Kirichenko & Yulia Nazarova & Natalya Shcherbakova, 2021. "The Problem of Determining Discount Rate for Integrated Investment Projects in the Oil and Gas Industry," Mathematics, MDPI, vol. 9(24), pages 1-13, December.
    38. Christian Gourieroux & Alain Monfort & Jean-Paul Renne, 2022. "Required Capital for Long-Run Risks," Post-Print hal-03865173, HAL.
    39. Therese C. Grijalva & Jayson L. Lusk & Rong Rong & W. Douglass Shaw, 2018. "Convex Time Budgets and Individual Discount Rates in the Long Run," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(1), pages 259-277, September.
    40. Marshall Burke & Melanie Craxton & Charles D. Kolstad & Chikara Onda, 2016. "Some Research Challenges In The Economics Of Climate Change," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 7(02), pages 1-14, May.
    41. Kathrin Goldmann, 2019. "Time-declining risk-adjusted social discount rates for transport infrastructure planning," Transportation, Springer, vol. 46(1), pages 17-34, February.
    42. Jacqueline Adelowo & Mathias Mier & Christoph Weissbart, 2021. "Taxation of Carbon Emissions and Air Pollution in Intertemporal Optimization Frameworks with Social and Private Discount Rates," ifo Working Paper Series 360, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    43. Lloyd-Smith, Patrick & Adamowicz, Wiktor & Entem, Alicia & Fenichel, Eli P. & Rouhi Rad, Mani, 2021. "The decade after tomorrow: Estimation of discount rates from realistic temporal decisions over long time horizons," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 158-174.
    44. Pascoe, Sean & Doshi, Amar & Kovac, Mladen & Austin, Angelica, 2019. "Estimating coastal and marine habitat values by combining multi-criteria methods with choice experiments," Ecosystem Services, Elsevier, vol. 38(C), pages 1-1.
    45. Frederick Ploeg, 2021. "Carbon pricing under uncertainty," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 28(5), pages 1122-1142, October.
    46. Hammitt, James K., 2020. "Accounting for the distribution of benefits & costs in benefit-cost analysis," TSE Working Papers 20-1116, Toulouse School of Economics (TSE).
    47. James Broughel, 2020. "Cost-Benefit Analysis as a Failure to Learn from the Past," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 35(Spring 20), pages 105-113.
    48. Chichilnisky, Graciela & Hammond, Peter J. & Stern, Nicholas, 2018. "Should We Discount the Welfare of Future Generations? Ramsey and Suppes versus Koopmans and Arrow," The Warwick Economics Research Paper Series (TWERPS) 1174, University of Warwick, Department of Economics.
    49. Graeme Guthrie, 2021. "Discounting, Disagreement, and the Option to Delay," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 80(1), pages 95-133, September.
    50. Rong Rong & Therese C. Grijalva & Jayson Lusk & W. Douglass Shaw, 2019. "Interpersonal discounting," Journal of Risk and Uncertainty, Springer, vol. 58(1), pages 17-42, February.
    51. Mark C. Freeman & Ben Groom, 2013. "How certain are we about the certainty-equivalent long term social discount rate?," GRI Working Papers 138, Grantham Research Institute on Climate Change and the Environment.
    52. Gabriella Maselli & Antonio Nesticò, 2021. "The Role of Discounting in Energy Policy Investments," Energies, MDPI, vol. 14(19), pages 1-18, September.
    53. Katz, Yuri A., 2017. "Value of the distant future: Model-independent results," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 466(C), pages 269-276.
    54. Bluffstone, R. & Coulston, J. & Haight, R.G. & Kline, J. & Polasky, S. & Wear, D.N. & Zook, K., 2017. "Estimated Values of Carbon Sequestration Resulting from Forest Management Scenarios," C-FARE Reports 260680, Council on Food, Agricultural, and Resource Economics (C-FARE).
    55. Quaas, Martin F. & Quaas, Johannes & Rickels, Wilfried & Boucher, Olivier, 2017. "Are there reasons against open-ended research into solar radiation management? A model of intergenerational decision-making under uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 84(C), pages 1-17.
    56. Brazee, Richard J., 2018. "Impacts of declining discount rates on optimal harvest age and land expectation values," Journal of Forest Economics, Elsevier, vol. 31(C), pages 27-38.
    57. Tore Soderqvist & Bilge Bas & Mark de Bel & Arjen Boon & Nilay Elginoz & Rita Garcao & Elias Giannakis & Amerissa Giannouli & Phoebe Koundouri & Aris Moussoulides & Jenny Norrman & Lars Rosen & Jan-Jo, 2017. "Socio-economic Analysis of a Selected Multi-use Offshore Site in the North Sea," DEOS Working Papers 1715, Athens University of Economics and Business.
    58. Chuan-Zhong Li & Ranjula Bali Swain, 2016. "Growth, Water Resilience, and Sustainability: A DSGE Model Applied to South Africa," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 2(04), pages 1-23, December.
    59. Fridstrøm, Lasse & Østli, Vegard, 2017. "The vehicle purchase tax as a climate policy instrument," Transportation Research Part A: Policy and Practice, Elsevier, vol. 96(C), pages 168-189.
    60. Peter Michaelis & Heiko Wirths, 2020. "DICE-RD: an implementation of rate-related damages in the DICE model," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 22(4), pages 555-584, October.
    61. Fesselmeyer, Eric & Liu, Haoming & Salvo, Alberto, 2016. "How Do Households Discount over Centuries? Evidence from Singapore's Private Housing Market," IZA Discussion Papers 9862, Institute of Labor Economics (IZA).
    62. Fraschini, Filippo & Hunt, Alistair & Zoboli, Roberto, 2022. "Decision tools for adaptation to climate change: Portfolio analysis of tea plantation investments in Rwanda," Ecological Economics, Elsevier, vol. 200(C).
    63. Stephen J. DeCanio & Charles F. Manski & Alan H. Sanstad, 2022. "Minimax-Regret Climate Policy with Deep Uncertainty in Climate Modeling and Intergenerational Discounting," NBER Working Papers 29716, National Bureau of Economic Research, Inc.
    64. Monika Foltyn-Zarychta & Rafał Buła & Krystian Pera, 2021. "Discounting for Energy Transition Policies—Estimation of the Social Discount Rate for Poland," Energies, MDPI, vol. 14(3), pages 1-21, January.
    65. Yamaguchi, Rintaro & Shah, Payal, 2020. "Spatial discounting of ecosystem services," Resource and Energy Economics, Elsevier, vol. 62(C).
    66. Penyalver, Domingo & Turró, Mateu & Zavala-Rojas, Diana, 2018. "Intergenerational perception of the utility of major transport projects," Research in Transportation Economics, Elsevier, vol. 70(C), pages 97-111.
    67. Lanlan Luo & Shou Chen & Ziran Zou, 2020. "Determining the Generalized Discount Rate for Risky Projects," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(1), pages 143-158, September.
    68. Asheim, Geir B. & Hartwick, John M. & Yamaguchi, Rintaro, 2023. "Sustainable per capita consumption under population growth," Resource and Energy Economics, Elsevier, vol. 73(C).
    69. Flowers, Mallory E. & Smith, Matthew K. & Parsekian, Ara W. & Boyuk, Dmitriy S. & McGrath, Jenna K. & Yates, Luke, 2016. "Climate impacts on the cost of solar energy," Energy Policy, Elsevier, vol. 94(C), pages 264-273.
    70. Anna M. Dugan & Timo Trimborn, 2020. "The Optimal Extraction of Non-Renewable Resources under Hyperbolic Discounting," Economics Working Papers 2020-17, Department of Economics and Business Economics, Aarhus University.
    71. David Ceballos Hornero & Samuel Mongrut Montalván, 2021. "The Entrepreneurial Social Discount Rate: Risk Premium and Loss Aversion in New Ventures," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 16(4), pages 1-24, Octubre -.

  11. Martin L. Weitzman, 2014. "Can Negotiating a Uniform Carbon Price Help to Internalize the Global Warming Externality?," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 1(1), pages 29-49.
    See citations under working paper version above.
  12. Martin L. Weitzman, 2014. "Fat Tails and the Social Cost of Carbon," American Economic Review, American Economic Association, vol. 104(5), pages 544-546, May.
    See citations under working paper version above.
  13. Martin L. Weitzman, 2013. "Tail-Hedge Discounting and the Social Cost of Carbon," Journal of Economic Literature, American Economic Association, vol. 51(3), pages 873-882, September.
    See citations under working paper version above.
  14. Martin Weitzman, 2013. "A Precautionary Tale of Uncertain Tail Fattening," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 55(2), pages 159-173, June.
    See citations under working paper version above.
  15. Martin Weitzman, 2012. "The Ramsey Discounting Formula for a Hidden-State Stochastic Growth Process," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(3), pages 309-321, November.
    See citations under working paper version above.
  16. Martin L. Weitzman, 2012. "GHG Targets as Insurance Against Catastrophic Climate Damages," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 14(2), pages 221-244, March.
    See citations under working paper version above.
  17. Martin L. Weitzman, 2011. "Fat-Tailed Uncertainty in the Economics of Catastrophic Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(2), pages 275-292, Summer.
    See citations under working paper version above.
  18. Gollier, Christian & Weitzman, Martin L., 2010. "How should the distant future be discounted when discount rates are uncertain?," Economics Letters, Elsevier, vol. 107(3), pages 350-353, June.
    See citations under working paper version above.
  19. Weitzman, Martin L., 2010. "Risk-adjusted gamma discounting," Journal of Environmental Economics and Management, Elsevier, vol. 60(1), pages 1-13, July.
    See citations under working paper version above.
  20. Martin L. Weitzman, 2010. "What Is The "Damages Function" For Global Warming — And What Difference Might It Make?," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 1(01), pages 57-69.

    Cited by:

    1. Marco Letta & Pierluigi Montalbano & Richard S.J. Tol, 2017. "Temperature shocks, growth and poverty thresholds: evidence from rural Tanzania," Working Paper Series 2117, Department of Economics, University of Sussex Business School.
    2. David Anthoff & Richard S. J. Tol, 2021. "Testing the Dismal Theorem," CESifo Working Paper Series 8939, CESifo.
    3. Roberto Roson & Martina Sartori, 2016. "Estimation of Climate Change Damage Functions for 140 Regions in the GTAP 9 Database," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 1(2), pages 78-115, December.
    4. Mark C. Freeman & Gernot Wagner & Richard J. Zeckhauser, 2015. "Climate Sensitivity Uncertainty: When is Good News Bad?," NBER Working Papers 20900, National Bureau of Economic Research, Inc.
    5. Moritz A. Drupp & Frikk Nesje & Robert C. Schmidt, 2022. "Pricing Carbon," CESifo Working Paper Series 9608, CESifo.
    6. Rezai, Armon & van der Ploeg, Frederick, 2015. "Robustness of a simple rule for the social cost of carbon," Economics Letters, Elsevier, vol. 132(C), pages 48-55.
    7. Ulrike Kornek & David Klenert & Ottmar Edenhofer & Marc Fleurbaey, 2021. "The social cost of carbon and inequality: When local redistribution shapes global carbon prices," Post-Print hal-03426147, HAL.
    8. Alfred Endres & Tim Friehe, 2015. "The Compensation Regime in Liability Law: Incentives to Curb Environmental Harm, Ex Ante and Ex Post," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(1), pages 105-123, September.
    9. Elizabeth Baldwin & Yongyang Cai & Karlygash Kuralbayeva, 2019. "To Build or not to Build? Capital Stocks and Climate Policy," OxCarre Working Papers 204, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    10. Drupp, Moritz A., 2016. "Limits to substitution between ecosystem services and manufactured goods and implications for social discounting," LSE Research Online Documents on Economics 68298, London School of Economics and Political Science, LSE Library.
    11. Jensen, Svenn & Traeger, Christian P., 2014. "Optimal climate change mitigation under long-term growth uncertainty: Stochastic integrated assessment and analytic findings," European Economic Review, Elsevier, vol. 69(C), pages 104-125.
    12. Drupp, Moritz A. & Hänsel, Martin C., 2018. "Relative prices and climate policy: How the scarcity of non-market goods drives policy evaluation," Economics Working Papers 2018-01, Christian-Albrechts-University of Kiel, Department of Economics.
    13. Amigues, Jean-Pierre & Moreaux, Michel, 2019. "Energy Conversion Rate Improvements, Pollution Abatement Efforts and Energy Mix: The Transition toward the Green Economy under a Pollution Stock Constraint," TSE Working Papers 19-994, Toulouse School of Economics (TSE).
    14. Mallory, Mindy L. & Ando, Amy W., 2014. "Implementing efficient conservation portfolio design," Resource and Energy Economics, Elsevier, vol. 38(C), pages 1-18.
    15. Rezai, Armon & van der Ploeg, Frederick, 2017. "Climate policies under climate model uncertainty: Max-min and min-max regret," Energy Economics, Elsevier, vol. 68(S1), pages 4-16.
    16. Bazhanov, Andrei, 2011. "Investment and current utility change in dynamically inefficient economies," MPRA Paper 35487, University Library of Munich, Germany.
    17. Rick Van der Ploeg & Armon Rezai, 2017. "The Agnostic's Response to Climate Deniers: Price Carbon!," OxCarre Working Papers 202, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    18. Marco Letta & Richard S.J. Tol, 2016. "Weather, climate and total factor productivity," Working Paper Series 10216, Department of Economics, University of Sussex Business School.
    19. Freeman, Mark C. & Groom, Ben & Zeckhauser, Richard, 2015. "Better Predictions, Better Allocations: Scientific Advances and Adaptation to Climate Change," Working Paper Series 15-051, Harvard University, John F. Kennedy School of Government.
    20. Stergios Athanassoglou & Anastasios Xepapadeas, 2011. "Pollution control: when, and how, to be precautious," DEOS Working Papers 1112, Athens University of Economics and Business.
    21. Lint Barrage, 2020. "Optimal Dynamic Carbon Taxes in a Climate–Economy Model with Distortionary Fiscal Policy," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(1), pages 1-39.
    22. Nahed Eddai & Ani Guerdjikova, 2021. "To mitigate or to adapt: how to deal with optimism, pessimism and strategic ambiguity?," Working Papers hal-03590990, HAL.
    23. Aronsson, Thomas & Schöb, Ronnie, 2018. "Climate change and psychological adaptation: A behavioral environmental economics approach," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 74(C), pages 79-84.
    24. Agliardi, Elettra & Xepapadeas, Anastasios, 2022. "Temperature targets, deep uncertainty and extreme events in the design of optimal climate policy," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    25. Elettra Agliardi & Anastasios Xepapadeas, 2018. "Optimal Scheduling of Greenhouse Gas Emissions under Carbon Budgeting and Policy Design," DEOS Working Papers 1808, Athens University of Economics and Business.
    26. Manoussi, Vassiliki & Xepapadeas, Anastasios & Emmerling, Johannes, 2018. "Climate engineering under deep uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 94(C), pages 207-224.
    27. Kaushal, Kevin R. & Navrud, Ståle, 2018. "Global Biodiversity Costs of Climate Change. Improving the damage assessment of species loss in Integrated Assessment Models," Working Paper Series 4-2018, Norwegian University of Life Sciences, School of Economics and Business.
    28. Jasper N. Meya & Ulrike Kornek & Kai Lessmann, 2018. "How empirical uncertainties influence the stability of climate coalitions," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 18(2), pages 175-198, April.
    29. Anthoff, David & Tol, Richard S. J., 2011. "Schelling's Conjecture on Climate and Development: A Test," Papers WP390, Economic and Social Research Institute (ESRI).
    30. Baldwin, Elizabeth & Cai, Yongyang & Kuralbayeva, Karlygash, 2020. "To build or not to build? Capital stocks and climate policy∗," Journal of Environmental Economics and Management, Elsevier, vol. 100(C).
    31. Johnson Kakeu, 2017. "Environmentally conscious investors and portfolio choice decisions," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 7(4), pages 360-378, October.
    32. Charles F. Mason & Neil Wilmot, 2015. "Modeling Damages in Climate Policy Models: Temperature-Based or Carbon-Based?," CESifo Working Paper Series 5287, CESifo.
    33. Rising, James A. & Taylor, Charlotte & Ives, Matthew C. & Ward, Robert E.T., 2022. "Challenges and innovations in the economic evaluation of the risks of climate change," Ecological Economics, Elsevier, vol. 197(C).
    34. Lucas Bretschger & Evgenij Komarov, 2023. "All Inclusive Climate Policy in a Growing Economy: The Role of Human Health," CER-ETH Economics working paper series 23/384, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    35. Samuel Kwesi Dunyo, 2022. "Environmental policy and convexity of climate change damage functions: an experiment with New Keynesian DSGE model," International Economics and Economic Policy, Springer, vol. 19(3), pages 581-614, July.
    36. Eddai, Nahed & Guerdjikova, Ani, 2023. "To mitigate or to adapt: How to deal with optimism, pessimism and strategic ambiguity?," Journal of Economic Behavior & Organization, Elsevier, vol. 211(C), pages 1-30.
    37. Bazhanov, Andrei, 2011. "Investment and resource policy under a modified Hotelling rule," MPRA Paper 32428, University Library of Munich, Germany.
    38. Olivier Bos & Béatrice Roussillon & Paul Schweinzer, 2013. "Agreeing on Efficient Emissions Reduction," CESifo Working Paper Series 4345, CESifo.
    39. Yusuke Kuwayama & Nicholas Brozović, 2017. "Optimal Management of Environmental Externalities with Time Lags and Uncertainty," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(3), pages 473-499, November.
    40. Tsigaris, Panagiotis & Wood, Joel, 2019. "The potential impacts of climate change on capital in the 21st century," Ecological Economics, Elsevier, vol. 162(C), pages 74-86.
    41. Fangzhi Wang & Hua Liao & Richard S. J. Tol, 2023. "Baumol's Climate Disease," Papers 2312.00160, arXiv.org.
    42. In Hwang & Frédéric Reynès & Richard Tol, 2013. "Climate Policy Under Fat-Tailed Risk: An Application of Dice," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(3), pages 415-436, November.
    43. Kopp, Robert E. & Golub, Alexander & Keohane, Nathaniel O. & Onda, Chikara, 2012. "The influence of the specification of climate change damages on the social cost of carbon," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 6, pages 1-40.
    44. Letta, Marco & Montalbano, Pierluigi & Tol, Richard S.J., 2018. "Temperature shocks, short-term growth and poverty thresholds: Evidence from rural Tanzania," World Development, Elsevier, vol. 112(C), pages 13-32.
    45. Baldwin, Elizabeth & Cai, Yongyang & Kuralbayeva, Karlygash, 2017. "Build Today, Regret Tomorrow? Infrastructure and Climate Policy," Conference papers 332887, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    46. Eriksson, Mathilda & Brännlund, Runar & Lundgren, Tommy, 2018. "Pricing forest carbon: Implications of asymmetry in climate policy," Journal of Forest Economics, Elsevier, vol. 32(C), pages 84-93.
    47. Arvaniti, Maria, 2016. "Uncertainty, Extreme Outcomes and Climate Change: a critique," CERE Working Papers 2016:11, CERE - the Center for Environmental and Resource Economics.

  21. Martin L. Weitzman, 2009. "On Modeling and Interpreting the Economics of Catastrophic Climate Change," The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 1-19, February.
    See citations under working paper version above.
  22. Weitzman, Martin L., 2009. "Additive damages, fat-tailed climate dynamics, and uncertain discounting," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-29.
    See citations under working paper version above.
  23. Martin L. Weitzman, 2007. "Subjective Expectations and Asset-Return Puzzles," American Economic Review, American Economic Association, vol. 97(4), pages 1102-1130, September.

    Cited by:

    1. Fernandez, Pablo & Aguirreamalloa, Javier & Liechtenstein, Heinrich, 2009. "The equity premium puzzle: High required equity premium, undervaluation and self fulfilling prophecy," IESE Research Papers D/821, IESE Business School.
    2. Fabrice Collard & Sujoy Mukerji & Kevin Sheppard & Jean-Marc Tallon, 2018. "Ambiguity and the historical equity premium," Post-Print halshs-01886571, HAL.
    3. Robert J. Barro & Tao Jin, "undated". "On the Size Distribution of Macroeconomic Disasters," Working Paper 115416, Harvard University OpenScholar.
    4. Hirbod Assa & Alexander Zimper, 2017. "Preferences Over all Random Variables: Incompatibility of Convexity and Continuity," Working Papers 201714, University of Pretoria, Department of Economics.
    5. Nengjiu Ju & Jianjun Miao, "undated". "Ambiguity, Learning, and Asset Returns," Boston University - Department of Economics - Working Papers Series wp2009-014, Boston University - Department of Economics.
    6. Gluzberg, Victor E. & Katz, Yuri A., 2019. "Planetary boundaries of consumption growth: Declining social discount rates," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 521(C), pages 362-374.
    7. Gollier, Christian, 2013. "A theory of rational short-termism with uncertain betas," TSE Working Papers 13-389, Toulouse School of Economics (TSE).
    8. GOLLIER Christian, 2008. "Expected net present value, expected net future value, and the Ramsey rule," LERNA Working Papers 08.29.273, LERNA, University of Toulouse.
    9. Matthew Baron & Wei Xiong, 2016. "Credit Expansion and Neglected Crash Risk," NBER Working Papers 22695, National Bureau of Economic Research, Inc.
    10. Eric Fesselmeyer & Haoming Liu & Alberto Salvo, 2022. "Declining discount rates in Singapore's market for privately developed apartments," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 330-350, March.
    11. Kent D. Daniel & Robert B. Litterman & Gernot Wagner, 2016. "Applying Asset Pricing Theory to Calibrate the Price of Climate Risk," NBER Working Papers 22795, National Bureau of Economic Research, Inc.
    12. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.
    13. Volker Wieland & Christos Koulovatianos, 2011. "Asset Pricing under Rational Learning about Rare Disasters," 2011 Meeting Papers 1417, Society for Economic Dynamics.
    14. Aase, Knut K., 2015. "The equity premium in a production economy; A new perspective involving recursive utility," Discussion Papers 2015/15, Norwegian School of Economics, Department of Business and Management Science.
    15. Bauer, Daniel & Börger, Matthias & Ruß, Jochen, 2010. "On the pricing of longevity-linked securities," Insurance: Mathematics and Economics, Elsevier, vol. 46(1), pages 139-149, February.
    16. Gollier, Christian, 2010. "Ecological discounting," Journal of Economic Theory, Elsevier, vol. 145(2), pages 812-829, March.
    17. Nabil Al-Najjar & Jonathan Weinstein, 2015. "A Bayesian model of Knightian uncertainty," Theory and Decision, Springer, vol. 78(1), pages 1-22, January.
    18. Dietz, Simon & Gollier, Christian & Kessler, Louise, 2015. "The climate beta," TSE Working Papers 15-608, Toulouse School of Economics (TSE).
    19. Klaus Adam & Albert Marcet, 2011. "Internal Rationality, Imperfect Market Knowledge and Asset Prices," CEP Discussion Papers dp1068, Centre for Economic Performance, LSE.
    20. Olijslagers, Stan & van der Ploeg, Frederick & van Wijnbergen, Sweder, 2023. "On current and future carbon prices in a risky world," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    21. Rıza Demirer & Rangan Gupta & Tahir Suleman & Mark E. Wohar, 2017. "Time-Varying Rare Disaster Risks, Oil Returns and Volatility," Working Papers 201762, University of Pretoria, Department of Economics.
    22. Carlo Carraro & Francesco Bosello & Enrica De Cian, 2010. "Climate Policy and the Optimal Balance between Mitigation, Adaptation and Unavoided Damage," Working Papers 2010_09, Department of Economics, University of Venice "Ca' Foscari".
    23. Jerry Tsai & Jessica A. Wachter, 2015. "Disaster Risk and its Implications for Asset Pricing," NBER Working Papers 20926, National Bureau of Economic Research, Inc.
    24. Gollier, Christian & Koundouri, Phoebe & Pantelidis, Theologos, 2008. "Declining Discount Rates: Economic Justifications and Implications for Long-Run Policy," IDEI Working Papers 525, Institut d'Économie Industrielle (IDEI), Toulouse.
    25. Anton Nakov & Galo Nuño, 2011. "Learning from experience in the stock market," Working Papers 1132, Banco de España.
    26. Robert S. Pindyck & Neng Wang, 2009. "The Economic and Policy Consequences of Catastrophes," NBER Working Papers 15373, National Bureau of Economic Research, Inc.
    27. Mark C. Freeman & Ben Groom & Ekaterini Panopoulou & Theologos Pantelidis, 2013. "Declining discount rates and the Fisher Effect: Inflated past, discounted future?," GRI Working Papers 109, Grantham Research Institute on Climate Change and the Environment.
    28. Warusawitharana, Missaka, 2018. "Time-varying volatility and the power law distribution of stock returns," Journal of Empirical Finance, Elsevier, vol. 49(C), pages 123-141.
    29. Channing Arndt & Chris Loewald & Konstantin Makrelov, 2020. "Climate change and its implications for central banks in emerging and developing economies," Working Papers 10001, South African Reserve Bank.
    30. Ivan Shaliastovich & George Tauchen, 2010. "Pricing of the Time-Change Risks," Working Papers 10-10, Duke University, Department of Economics.
    31. Gollier, Christian, 2012. "Evaluation of long-dated investments under uncertain growth trend, volatility and catastrophes," IDEI Working Papers 754, Institut d'Économie Industrielle (IDEI), Toulouse, revised Sep 2015.
    32. Hui Chen & Scott Joslin & Ngoc-Khanh Tran, 2010. "Rare Disasters and Risk Sharing with Heterogeneous Beliefs," NBER Working Papers 16035, National Bureau of Economic Research, Inc.
    33. Dilip B. Madan & Wim Schoutens, 2019. "Equilibrium Asset Returns In Financial Markets," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 22(02), pages 1-43, March.
    34. Emmanuel Farhi & Xavier Gabaix, "undated". "Rare Disasters and Exchange Rates," Working Paper 71001, Harvard University OpenScholar.
    35. Jason Beeler & John Y. Campbell, 2009. "The Long-Run Risks Model and Aggregate Asset Prices: An Empirical Assessment," NBER Working Papers 14788, National Bureau of Economic Research, Inc.
    36. Bakshi, Gurdip & Skoulakis, Georgios, 2010. "Do subjective expectations explain asset pricing puzzles?," Journal of Financial Economics, Elsevier, vol. 98(3), pages 462-477, December.
    37. Aase, Knut K., 2012. "What Puzzles? New insights in asset pricing," Discussion Papers 2012/13, Norwegian School of Economics, Department of Business and Management Science.
    38. Jasmina Hasanhodzic & Laurence J. Kotlikoff, 2013. "Generational Risk - Is It a Big Deal?: Simulating an 80-Period OLG Model with Aggregate Shocks," NBER Working Papers 19179, National Bureau of Economic Research, Inc.
    39. Gollier, Christian, 2019. "Variance stochastic orders," Journal of Mathematical Economics, Elsevier, vol. 80(C), pages 1-8.
    40. Gollier, Christian, 2012. "Evaluation of long-dated assets : The role of parameter uncertainty," TSE Working Papers 12-361, Toulouse School of Economics (TSE), revised Sep 2015.
    41. Julian Kozlowski & Laura Veldkamp & Venky Venkateswaran, 2018. "The Tail that Keeps the Riskless Rate Low," NBER Working Papers 24362, National Bureau of Economic Research, Inc.
    42. Aase, Knut K., 2014. "Recursive utility and jump-diffusions," Discussion Papers 2014/9, Norwegian School of Economics, Department of Business and Management Science.
    43. Broer, Tobias & Kero, Afroditi, 2011. "Great Moderation or Great Mistake: Can rising confidence in low macro-risk explain the boom in asset prices?," CEPR Discussion Papers 8700, C.E.P.R. Discussion Papers.
    44. GOLLIER Christian, 2008. "Discounting with fat-tailed economic growth," LERNA Working Papers 08.19.263, LERNA, University of Toulouse.
    45. Suda, J., 2013. "Belief shocks and the macroeconomy," Working papers 434, Banque de France.
    46. Gollier, Christian, 2017. "Valuation of natural capital under uncertain substitutability," TSE Working Papers 17-813, Toulouse School of Economics (TSE), revised Dec 2018.
    47. Liu, Liqun, 2012. "Inferring the rate of pure time preference under uncertainty," Ecological Economics, Elsevier, vol. 74(C), pages 27-33.
    48. Cogley, Timothy & Sargent, Thomas J., 2008. "The market price of risk and the equity premium: A legacy of the Great Depression?," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 454-476, April.
    49. Christian Gollier, 2019. "A Personal Biography of Marty Weitzman," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(3), pages 943-947, November.
    50. Zhu, Xueqin & Smulders, Sjak & de Zeeuw, Aart, 2019. "Discounting in the presence of scarce ecosystem services," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    51. Luca De Gennaro Aquino & Xuedong He & Moris Simon Strub & Yuting Yang, 2024. "Reference-dependent asset pricing with a stochastic consumption-dividend ratio," Papers 2401.12856, arXiv.org.
    52. John Creedy & Hemant Passi, 2017. "Public Sector Discount Rates: A Comparison of Alternative Approaches," Treasury Working Paper Series 17/02, New Zealand Treasury.
    53. Sang Byung Seo & Jessica A. Wachter, 2013. "Option Prices in a Model with Stochastic Disaster Risk," NBER Working Papers 19611, National Bureau of Economic Research, Inc.
    54. Ravi Kashyap, 2016. "Solving the Equity Risk Premium Puzzle and Inching Towards a Theory of Everything," Papers 1604.04872, arXiv.org, revised Sep 2019.
    55. Ames, Matthew & Bagnarosa, Guillaume & Peters, Gareth W., 2017. "Violations of uncovered interest rate parity and international exchange rate dependences," Journal of International Money and Finance, Elsevier, vol. 73(PA), pages 162-187.
    56. Gollier, Christian, 2012. "Asset pricing with uncertain betas: A long-term perspective," IDEI Working Papers 752, Institut d'Économie Industrielle (IDEI), Toulouse.
    57. Huang, Huichou & MacDonald, Ronald & Zhao, Yang, 2012. "Global Currency Misalignments, Crash Sensitivity, and Downside Insurance Costs," MPRA Paper 53745, University Library of Munich, Germany, revised 18 Nov 2013.
    58. Maureen L. Cropper & Mark C. Freeman & Ben Groom & William A. Pizer, 2014. "Declining Discount Rates," American Economic Review, American Economic Association, vol. 104(5), pages 538-543, May.
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    349. Guendalina Anzolin & Amir Lebdioui, 2021. "Three Dimensions of Green Industrial Policy in the Context of Climate Change and Sustainable Development," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 33(2), pages 371-405, April.
    350. Partha Dasgupta, 2014. "Pricing climate change," Politics, Philosophy & Economics, , vol. 13(4), pages 394-416, November.
    351. Marco Capasso, 2021. "Degrowth or Green Growth: A Reflection on the Recent Public Discourse in Norway," Sustainability, MDPI, vol. 13(2), pages 1-15, January.
    352. Nicholas Stern, 2009. "Imperfections in the Economics of Public Policy, Imperfections in Markets, and Climate Change," Working Papers 2009.106, Fondazione Eni Enrico Mattei.
    353. Gerst, Michael D. & Howarth, Richard B. & Borsuk, Mark E., 2010. "Accounting for the risk of extreme outcomes in an integrated assessment of climate change," Energy Policy, Elsevier, vol. 38(8), pages 4540-4548, August.
    354. Dietz, Simon, 2009. "High impact, low probability? An empirical analysis of risk in the economics of climate change," LSE Research Online Documents on Economics 37612, London School of Economics and Political Science, LSE Library.
    355. Stephen Newbold & Adam Daigneault, 2009. "Climate Response Uncertainty and the Benefits of Greenhouse Gas Emissions Reductions," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(3), pages 351-377, November.
    356. David EVANS & Erhun KULA, 2009. "Social discount rates and welfare weights for public investment decisions under budgetary restrictions – the case of Cyprus," Departmental Working Papers 2009-19, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    357. van der Ploeg, Frederick & De Zeeuw, Aart, 2014. "Climate Tipping and Economic Growth: Precautionary Saving and the Social Cost of Carbon," CEPR Discussion Papers 9982, C.E.P.R. Discussion Papers.
    358. John Gowdy & Roxana Juliá, 2010. "Global Warming Economics in the Long Run: A Conceptual Framework," Land Economics, University of Wisconsin Press, vol. 86(1), pages 117-130.
    359. Xiao, Yi-bin & Fu, Xiaowen & Ng, Adolf K.Y. & Zhang, Anming, 2015. "Port investments on coastal and marine disasters prevention: Economic modeling and implications," Transportation Research Part B: Methodological, Elsevier, vol. 78(C), pages 202-221.
    360. Granqvist, Harry & Grover, David, 2016. "Distributive fairness in paying for clean energy infrastructure," Ecological Economics, Elsevier, vol. 126(C), pages 87-97.
    361. Buchholz, Wolfgang & Schumacher, Jan, 2010. "Discounting and welfare analysis over time: Choosing the [eta]," European Journal of Political Economy, Elsevier, vol. 26(3), pages 372-385, September.
    362. Antoniou, Fabio & Kyriakopoulou, Efthymia, 2015. "On The Strategic Effect of International Permits Trading on Local Pollution: The Case of Multiple Pollutants," Working Papers in Economics 610, University of Gothenburg, Department of Economics.
    363. Eveson, Simon P. & Thijssen, Jacco J.J., 2016. "Pareto optimality and existence of quasi-equilibrium in exchange economies with an indefinite future," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 138-152.
    364. Buchholz, Wolfgang & Schymura, Michael, 2012. "Expected utility theory and the tyranny of catastrophic risks," Ecological Economics, Elsevier, vol. 77(C), pages 234-239.
    365. Garg, Amit & Naswa, Prakriti & Shukla, P.R., 2015. "Energy infrastructure in India: Profile and risks under climate change," Energy Policy, Elsevier, vol. 81(C), pages 226-238.
    366. Malakhov, Sergey, 2014. "Money flexibility, price elasticity, and elasticity of marginal utility of consumption," MPRA Paper 55928, University Library of Munich, Germany.
    367. Boyce, James K., 2018. "Carbon Pricing: Effectiveness and Equity," Ecological Economics, Elsevier, vol. 150(C), pages 52-61.
    368. Weber, Elke U. & Johnson, Eric J., 2012. "Psychology and behavioral economics lessons for the design of a green growth strategy," Policy Research Working Paper Series 6240, The World Bank.
    369. John Creedy & Ross Guest, 2008. "Discounting and the Time Preference Rate," The Economic Record, The Economic Society of Australia, vol. 84(264), pages 109-127, March.
    370. Simon Dietz, 2009. "High impact, low probability? An empirical analysis of risk in the economics of climate change," GRI Working Papers 9, Grantham Research Institute on Climate Change and the Environment.
    371. Miftakhova, Alena, 2021. "Global sensitivity analysis for optimal climate policies: Finding what truly matters," Economic Modelling, Elsevier, vol. 105(C).
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    373. Huang, Qian & Xu, Jiuping, 2023. "Carbon tax revenue recycling for biomass/coal co-firing using Stackelberg game: A case study of Jiangsu province, China," Energy, Elsevier, vol. 272(C).
    374. Carel Eijgenraam & Ruud Brekelmans & Dick den Hertog & Kees Roos, 2017. "Optimal Strategies for Flood Prevention," Management Science, INFORMS, vol. 63(5), pages 1644-1656, May.
    375. Parry, Ian W.H. & Timilsina, Govinda R., 2009. "Pricing externalities from passenger transportation in Mexico city," Policy Research Working Paper Series 5071, The World Bank.
    376. Dominic Woolf & Johannes Lehmann & David R. Lee, 2016. "Optimal bioenergy power generation for climate change mitigation with or without carbon sequestration," Nature Communications, Nature, vol. 7(1), pages 1-11, December.
    377. Antony Millner & Simon Dietz & Geoffrey Heal, 2013. "Scientific Ambiguity and Climate Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 55(1), pages 21-46, May.
    378. Ekeland, Ivar & Karp, Larry & Sumaila, Rashid, 2015. "Equilibrium resource management with altruistic overlapping generations," Journal of Environmental Economics and Management, Elsevier, vol. 70(C), pages 1-16.
    379. Mohammed I. Jahirul & Richard J. Brown & Wijitha Senadeera & Ian M. O'Hara & Zoran D. Ristovski, 2013. "The Use of Artificial Neural Networks for Identifying Sustainable Biodiesel Feedstocks," Energies, MDPI, vol. 6(8), pages 1-43, July.
    380. Stern, Nicholas, 2009. "Imperfections in the Economics of Public Policy, Imperfections in Markets, and Climate Change," Sustainability Indicators and Environmental Valuation Working Papers 55333, Fondazione Eni Enrico Mattei (FEEM).
    381. Jan Schumacher & Wolfgang Buchholz, 2008. "Discounting and Welfare Analysis Over Time: Choosing the ç," CESifo Working Paper Series 2230, CESifo.
    382. Larry S. Karp, 2012. "Provision of a Public Good with Altruistic Overlapping Generations and Many Tribes," CESifo Working Paper Series 3895, CESifo.
    383. Armon Rezai, 2011. "The Opportunity Cost of Climate Policy: A Question of Reference," Scandinavian Journal of Economics, Wiley Blackwell, vol. 113(4), pages 885-903, December.
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  25. Laxminarayan, Ramanan & Weitzman, Martin L., 2002. "On the implications of endogenous resistance to medications," Journal of Health Economics, Elsevier, vol. 21(4), pages 709-718, July.

    Cited by:

    1. Dagim G. Belay & Tenaw G. Abate & Jørgen Dejgaard Jensen, 2020. "A Montero Auction Mechanism to Regulate Antimicrobial Consumption in Agriculture," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(5), pages 1448-1467, October.
    2. Filippini, M. & Masiero, G. & Moschetti, K., 2009. "Regional consumption of antibiotics: A demand system approach," Economic Modelling, Elsevier, vol. 26(6), pages 1389-1397, November.
    3. Stéphane Mechoulan, 2007. "Market structure and communicable diseases," Canadian Journal of Economics, Canadian Economics Association, vol. 40(2), pages 468-492, May.
    4. Belay, Dagim G. & Jensen, Jørgen D., 2020. "‘The scarlet letters’: Information disclosure and self-regulation: Evidence from antibiotic use in Denmark," Journal of Environmental Economics and Management, Elsevier, vol. 104(C).
    5. Fischer, Carolyn & Laxminarayan, Ramanan, 2010. "Managing partially protected resources under uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 59(2), pages 129-141, March.
    6. M. Filippini & G. Masiero, 2012. "An empirical analysis of habit and addiction to antibiotics," Empirical Economics, Springer, vol. 42(2), pages 471-486, April.
    7. Eswaran, Mukesh & Gallini, Nancy, 2018. "Can Competition Extend the Golden Age of Antibiotics?," Microeconomics.ca working papers tina_marandola-2018-1, Vancouver School of Economics, revised 29 Jan 2018.
    8. Filippini, Massimo & Masiero, Giuliano & Moschetti, Karine, 2006. "Socioeconomic determinants of regional differences in outpatient antibiotic consumption: Evidence from Switzerland," Health Policy, Elsevier, vol. 78(1), pages 77-92, August.
    9. Albert, Jason, 2021. "Strategic dynamics of antibiotic use and the evolution of antibiotic-resistant infections," International Journal of Industrial Organization, Elsevier, vol. 77(C).
    10. Giuliano Masiero & Massimo Filippini & Matus Ferech & Herman Goossens, 2007. "Determinants of outpatient antibiotic consumption in Europe: bacterial resistance and drug prescribers," Quaderni della facoltà di Scienze economiche dell'Università di Lugano 0702, USI Università della Svizzera italiana.
    11. Heikkila, Jaakko, 2006. "Economics of invasive alien species: pre-emptive versus reactive control," Discussion Papers 11865, MTT Agrifood Research Finland.

  26. Weitzman, Martin L., 2002. "Landing Fees vs Harvest Quotas with Uncertain Fish Stocks," Journal of Environmental Economics and Management, Elsevier, vol. 43(2), pages 325-338, March.

    Cited by:

    1. Jang, Ho Geun & Yamazaki, Satoshi & Hoshino, Eriko, 2019. "Profit and equity trade-offs in the management of small pelagic fisheries: the case of the Japanese sardine fishery," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(3), July.
    2. Holland, Daniel S. & Herrera, Guillermo E., 2012. "The impact of age structure, uncertainty, and asymmetric spatial dynamics on regulatory performance in a fishery metapopulation," Ecological Economics, Elsevier, vol. 77(C), pages 207-218.
    3. Anders Skonhoft, 2006. "Economic modeling approaches for wildlife and species conservation," Working Paper Series 7006, Department of Economics, Norwegian University of Science and Technology.
    4. Vitaly G. Il’ichev & Dmitry B. Rokhlin, 2022. "Internal Prices and Optimal Exploitation of Natural Resources," Mathematics, MDPI, vol. 10(11), pages 1-14, May.
    5. Quérou, Nicolas & Tomini, Agnes & Costello, Christopher, 2022. "Limited‐tenure concessions for collective goods," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
    6. Stavins, Robert Norman, 2010. "The Problem of the Commons: Still Unsettled After 100 Years," Scholarly Articles 4450130, Harvard Kennedy School of Government.
    7. Asgeir Danielsson, 2004. "Sluggish exit and entry of labour and capital, stability and effects of taxes and subsidies in models of fisheries," Economics wp22_asgeir, Department of Economics, Central bank of Iceland.
    8. Hansen, Lars Gårn & Jensen, Frank, 2017. "Regulating fisheries under uncertainty," Resource and Energy Economics, Elsevier, vol. 50(C), pages 164-177.
    9. Mª. Dolores Garza Gil & Manuel M. Varela Lafuente & Juan C. Surís Regueiro, 2006. "Management of a fishery using taxes: The European hake fishery," Hacienda Pública Española / Review of Public Economics, IEF, vol. 177(2), pages 9-23, July.
    10. Christopher Costello & Nicolas Quérou & Agnes Tomini, 2013. "Partial enclosure of the commons," Working Papers 13-07, LAMETA, Universtiy of Montpellier, revised Apr 2013.
    11. Lars Gårn Hansen, 2012. "Regulating Renewable Resources under Uncertainty," IFRO Working Paper 2012/3, University of Copenhagen, Department of Food and Resource Economics.
    12. Brock, W. A. & Xepapadeas, A., 2004. "Management of interacting species: regulation under nonlinearities and hysteresis," Resource and Energy Economics, Elsevier, vol. 26(2), pages 137-156, June.
    13. Colin W. Clark & Gordon R. Munro & Ussif Rashid Sumaila, 2007. "Buyback Subsidies, the Time Consistency Problem, and the ITQ Alternative," Land Economics, University of Wisconsin Press, vol. 83(1), pages 50-58.
    14. Sethi, Gautam & Costello, Christopher & Fisher, Anthony & Hanemann, Michael & Karp, Larry, 2005. "Fishery management under multiple uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 50(2), pages 300-318, September.
    15. Anastasios Xepapadeas & Catarina Roseta-Palma, 2003. "Instabilities and Robust Control in Fisheries," Working Papers 2003.110, Fondazione Eni Enrico Mattei.
    16. Eric TROMEUR & Luc DOYEN, 2016. "Optimal biodiversity erosion in multispecies fisheries," Cahiers du GREThA (2007-2019) 2016-20, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    17. Stafford, Tess, 2012. "Labor Supply of Fishermen: An Empirical Analysis," 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia 124450, Australian Agricultural and Resource Economics Society.
    18. Donovan, Pierce & Springborn, Michael, 2022. "Balancing conservation and commerce: A shadow value viability approach for governing bycatch," Journal of Environmental Economics and Management, Elsevier, vol. 114(C).
    19. Vincent Martinet & Michel De Lara & Julio Peña-Torres & Héctor Ramírez Cabrera, 2012. "Risk and Sustainability: Assessing Fisheries Management Strategies," EconomiX Working Papers 2012-11, University of Paris Nanterre, EconomiX.
    20. José Da Rocha & María Gutiérrez, 2012. "Endogenous Fishery Management in a Stochastic Model: Why Do Fishery Agencies Use TACs Along with Fishing Periods?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(1), pages 25-59, September.
    21. Katarina Elofsson & Ing-Marie Gren, 2015. "Regulating invasive species with different life history," Journal of Bioeconomics, Springer, vol. 17(2), pages 113-136, July.
    22. Newell, Richard G. & Pizer, William A., 2000. "Regulating Stock Externalities Under Uncertainty," Discussion Papers 10471, Resources for the Future.
    23. Jon Olaf Olaussen, 2006. "Playing Chicken with Salmon," Working Paper Series 7406, Department of Economics, Norwegian University of Science and Technology.
    24. Vatn, Arild, 2018. "Environmental Governance – From Public to Private?," Ecological Economics, Elsevier, vol. 148(C), pages 170-177.
    25. Claudia Kelsall & Martin F Quaas & Nicolas Quérou, 2022. "Risk aversion in renewable resource harvesting," CEE-M Working Papers hal-03696726, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    26. Ngo Van Long & Stephanie F. McWhinnie, 2010. "The Tragedy of the Commons in a Fishery when Relative Performance Matters," School of Economics and Public Policy Working Papers 2010-07, University of Adelaide, School of Economics and Public Policy.
    27. Anastasios Xepapadeas & Catarina Roseta-Palma, 2013. "Instabilities and robust control in natural resource management," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 12(3), pages 161-180, December.
    28. Håkan Eggert & Ragnar Tveteras, 2004. "Stochastic Production and Heterogeneous Risk Preferences: Commercial Fishers' Gear Choices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(1), pages 199-212.
    29. G. Cornelis van Kooten, 2004. "Economics of Forest and Agricultural Carbon Sinks," Working Papers 2004-11, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
    30. van Kooten, G. Cornelis, 2011. "Economic Analysis of Feed-in Tariffs for Generating Electricity from Renewable Energy Sources," Working Papers 107093, University of Victoria, Resource Economics and Policy.
    31. Robert S. Pindyck, 2006. "Uncertainty in Environmental Economics," Working Papers 0617, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
    32. Lars Gårn Hansen & Frank Jensen, 2013. "Prices versus Quantities: What is the discussion really about?," IFRO Working Paper 2013/15, University of Copenhagen, Department of Food and Resource Economics.
    33. Fischer, Carolyn & Laxminarayan, Ramanan, 2010. "Managing partially protected resources under uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 59(2), pages 129-141, March.
    34. Jensen, Frank, 2008. "Uncertainty and asymmetric information: An overview," Marine Policy, Elsevier, vol. 32(1), pages 89-103, January.
    35. Newell, Richard G. & Sanchirico, James N. & Kerr, Suzi, 2005. "Fishing quota markets," Journal of Environmental Economics and Management, Elsevier, vol. 49(3), pages 437-462, May.
    36. Nicolas Querou & Agnès Tomini, 2014. "Ecosystem considerations in a second-best world," Post-Print hal-01123390, HAL.
    37. Koffi Akakpo & Marie-Amélie Boucher & Vincent Boucher, 2018. "Optimal Credible Warnings," Cahiers de recherche CREATE 2018-03, CREATE.
    38. Gutiérrez Huerta, María José & Da Rocha, José María, 2003. "The Evaluation of Fisheries Management: A Dynamic Stochastic Approach," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    39. Ute Kapaun & Martin Quaas, 2013. "Does the Optimal Size of a Fish Stock Increase with Environmental Uncertainties?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(2), pages 293-310, February.
    40. Jacob LaRiviere & David Kling & James N Sanchirico & Charles Sims & Michael Springborn, 2018. "The Treatment of Uncertainty and Learning in the Economics of Natural Resource and Environmental Management," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 92-112.
    41. Garza-Gil, M. Dolores & Varela-Lafuente, Manuel M. & Caballero-Miguez, Gonzalo & Álvarez-Díaz, Marcos, 2011. "Analysing the profitability of the Spanish fleet after the anchovy moratorium using bootstrap techniques," Ecological Economics, Elsevier, vol. 70(6), pages 1154-1161, April.
    42. Akpalu, Wisdom & Vondolia, Godwin K., 2011. "Bioeconomic model of spatial fishery management in developing countries," Working Papers in Economics 490, University of Gothenburg, Department of Economics.
    43. Weitzman, Martin & Gylfason, Thorvaldur, 2003. "Icelandic Fisheries Management: Fees versus Quotas," CEPR Discussion Papers 3849, C.E.P.R. Discussion Papers.
    44. J. Peter Clinch & Eoin O'Neill, 2010. "Assessing the Relative Merits of Development Charges and Transferable Development Rights in an Uncertain World," Urban Studies, Urban Studies Journal Limited, vol. 47(4), pages 891-911, April.
    45. Danielsson, Asgeir, 2002. "Efficiency of Catch and Effort Quotas in the Presence of Risk," Journal of Environmental Economics and Management, Elsevier, vol. 43(1), pages 20-33, January.
    46. Rong Zhou & Kathleen Segerson, 2016. "Individual vs. Collective Approaches to Fisheries Management," Marine Resource Economics, University of Chicago Press, vol. 31(2), pages 165-192.
    47. Singh, Rajesh & Weninger, Quinn, 2023. "Discretion rather than rules in multiple-species fisheries," ISU General Staff Papers 202311071438390000, Iowa State University, Department of Economics.
    48. Carmen Camacho & Agustín Pérez-Barahona, 2014. "Land use dynamics and the environment," Working Papers hal-01074190, HAL.
    49. Frank Jensen & Niels Vestergaard, 2004. "Fisheries Management with Multiple Market Failures," Working Papers 54/04, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    50. Gutiérrez Huerta, María José & Da Rocha, José María, 2002. "The Optimality of the Common Fisheries Policy: the Northern Stock of Hake," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    51. Briggs, R.J., 2011. "Prices vs. quantities in a dynamic problem: Externalities from resource extraction," Resource and Energy Economics, Elsevier, vol. 33(4), pages 843-854.
    52. Vincent Martinet & Julio Peña-Torres & Michel Lara & Hector Ramírez C., 2016. "Risk and Sustainability: Assessing Fishery Management Strategies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(4), pages 683-707, August.
    53. Eggert, Håkan, 2009. "Jens Warming (1931) on Open Access, Pigovian Tax, and Property Rights," Working Papers in Economics 401, University of Gothenburg, Department of Economics.
    54. Jules Selles, 2018. "Fisheries management: what uncertainties matter?," Working Papers hal-01824238, HAL.
    55. McGough Bruce & Plantinga Andrew J. & Costello Christopher, 2009. "Optimally Managing a Stochastic Renewable Resource under General Economic Conditions," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(1), pages 1-31, December.
    56. Tsur, Yacov & Zemel, Amos, 2012. "Dynamic and stochastic analysis of environmental and natural resources," Discussion Papers 120017, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
    57. Stefano Mainardi, 2021. "Parametric and Semiparametric Efficiency Frontiers in Fishery Analysis: Overview and Case Study on the Falkland Islands," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(2), pages 169-210, June.
    58. Lokina, Razack B., 2008. "Technical Efficiency and the Role of Skipper Skill in Artisanal Lake Victoria Fisheries," RFF Working Paper Series dp-08-13-efd, Resources for the Future.
    59. Sanchirico, James & Holland, Daniel & Quigley, Kathryn & Fina, Mark, 2005. "Analysis of Flexibility Mechanisms for Quota-Catch Balancing in Multispecies Individual Fishing Quotas," RFF Working Paper Series dp-05-54, Resources for the Future.
    60. Costello, Christopher & Polasky, Stephen, 2008. "Optimal harvesting of stochastic spatial resources," Journal of Environmental Economics and Management, Elsevier, vol. 56(1), pages 1-18, July.
    61. Lars Gårn Hansen & Frank Jensen & Clifford Russell, 2011. "Instrument Choice when Regulators are Concerned about Resource Extinction," IFRO Working Paper 2011/6, University of Copenhagen, Department of Food and Resource Economics, revised Jul 2011.
    62. David J. Pannell, 2008. "Public Benefits, Private Benefits, and Policy Mechanism Choice for Land-Use Change for Environmental Benefits," Land Economics, University of Wisconsin Press, vol. 84(2), pages 225-240.
    63. Macinko, Seth, 2014. "Lipstick and catch shares in the Western Pacific: Beyond evangelism in fisheries policy?," Marine Policy, Elsevier, vol. 44(C), pages 37-41.
    64. Nkuiya, Bruno & Diekert, Florian, 2023. "Stochastic growth and regime shift risk in renewable resource management," Ecological Economics, Elsevier, vol. 208(C).
    65. Jensen, Frank & Vestergaard, Niels, 2007. "Asymmetric information and uncertainty: The usefulness of logbooks as a regulation measure," Ecological Economics, Elsevier, vol. 63(4), pages 815-827, September.
    66. Jordan F. Suter & Sam Collie & Kent D. Messer & Joshua M. Duke & Holly A. Michael, 2019. "Common Pool Resource Management at the Extensive and Intensive Margins: Experimental Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 973-993, August.

  27. Asheim, Geir B. & Weitzman, Martin L., 2001. "Does NNP growth indicate welfare improvement?," Economics Letters, Elsevier, vol. 73(2), pages 233-239, November.
    See citations under working paper version above.
  28. Martin L. Weitzman, 2001. "A Contribution to the Theory of Welfare Accounting," Scandinavian Journal of Economics, Wiley Blackwell, vol. 103(1), pages 1-23, March.

    Cited by:

    1. Thomas Aronsson, 2010. "Welfare Measurement, Involuntary Unemployment, And Heterogeneity," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(3), pages 559-571, September.
    2. Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2010. "Dynamic cost-benefit analysis of large projects: The role of capital cost," Economics Letters, Elsevier, vol. 109(2), pages 128-130, November.
    3. Chuan-Zhong Li & Gunnar Isacsson, 2012. "Valuing urban accessibility and air quality in Sweden," Empirical Economics, Springer, vol. 42(3), pages 881-898, June.
    4. Li, Chuan Zhong & Löfgren, Karl-Gustaf, 2006. "Money Metrics Welfare Measures in Imperfect Markets under Growth," Umeå Economic Studies 694, Umeå University, Department of Economics.
    5. Li, Chuan-Zhong & Lofgren, Karl-Gustaf, 2006. "Comprehensive NNP, social welfare, and the rate of return," Economics Letters, Elsevier, vol. 90(2), pages 254-259, February.
    6. Asheim, Geir B., 2005. "Welfare comparisons between societies with different population sizes and environmental characteristics," Memorandum 25/2005, Oslo University, Department of Economics.
    7. Geir B. Asheim, 2002. "Green National Accounting for Welfare and Sustainability: A Taxonomy of Assumptions and Results," CESifo Working Paper Series 827, CESifo.
    8. Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2002. "On the Choice of Metrics in Dynamic Welfare Analysis: Utility versus Money Measures," Umeå Economic Studies 590, Umeå University, Department of Economics.
    9. Dietz, Simon & Hepburn, Cameron, 2013. "Benefit–cost analysis of non-marginal climate and energy projects," Energy Economics, Elsevier, vol. 40(C), pages 61-71.
    10. Asheim, Geir B., 2005. "Can NNP be used for welfare comparisons?," Memorandum 24/2005, Oslo University, Department of Economics.
    11. Marc Fleurbaey, 2009. "Beyond GDP: The Quest for a Measure of Social Welfare," Journal of Economic Literature, American Economic Association, vol. 47(4), pages 1029-1075, December.
    12. Geir B. Asheim, 2010. "Global welfare comparisons," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 43(4), pages 1412-1432, November.
    13. Asheim, Geir B., 2004. "Perspectives on Weitzman's stationary equivalent: Discussion of Kazuo Mino's "Weitzman's Rule with Market Distortions"," Japan and the World Economy, Elsevier, vol. 16(3), pages 331-335, August.
    14. Collins, Ross D. & Selin, Noelle E. & de Weck, Olivier L. & Clark, William C., 2017. "Using inclusive wealth for policy evaluation: Application to electricity infrastructure planning in oil-exporting countries," Ecological Economics, Elsevier, vol. 133(C), pages 23-34.
    15. Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2003. "Evaluating Projects in a Dynamic Economy: Some New Envelope Results," Umeå Economic Studies 613, Umeå University, Department of Economics, revised 04 Dec 2006.
    16. Tsur, Yacov & Zemel, Amos, 2006. "Welfare measurement under threats of environmental catastrophes," Journal of Environmental Economics and Management, Elsevier, vol. 52(1), pages 421-429, July.
    17. Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2004. "The Role of the Hamiltonian in Dynamic Price Index Theory," Umeå Economic Studies 626, Umeå University, Department of Economics.
    18. Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2012. "Growth, Pollution, and Money-Metric Welfare in Imperfect Markets," CERE Working Papers 2012:15, CERE - the Center for Environmental and Resource Economics.
    19. Cairns, Robert D. & Lasserre, Pierre, 2006. "Implementing carbon credits for forests based on green accounting," Ecological Economics, Elsevier, vol. 56(4), pages 610-621, April.
    20. Capriolo, A. & Boschetto, R.G. & Mascolo, R.A. & Balbi, S. & Villa, F., 2020. "Biophysical and economic assessment of four ecosystem services for natural capital accounting in Italy," Ecosystem Services, Elsevier, vol. 46(C).
    21. Chuan‐Zhong Li & Karl‐Gustaf Löfgren, 2008. "Evaluating Projects in a Dynamic Economy: Some New Envelope Results," German Economic Review, Verein für Socialpolitik, vol. 9(1), pages 1-16, February.
    22. Chuan-Zhong Li & Ranjula Bali Swain, 2016. "Growth, Water Resilience, and Sustainability: A DSGE Model Applied to South Africa," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 2(04), pages 1-23, December.
    23. Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2008. "Dynamic cost-benefit analysis of large projects: The role of capital and investment costs," Umeå Economic Studies 727, Umeå University, Department of Economics.
    24. Sjögren, Tomas, 2016. "Age Dependent Discount Rates, Time Inconsistent Behavior and Welfare Measurement," Umeå Economic Studies 934, Umeå University, Department of Economics.
    25. Fenichel, Eli P., 2013. "Economic considerations for social distancing and behavioral based policies during an epidemic," Journal of Health Economics, Elsevier, vol. 32(2), pages 440-451.
    26. Yamaguchi, Rintaro & Managi, Shunsuke, 2019. "Backward- and Forward-looking Shadow Prices in Inclusive Wealth Accounting: An Example of Renewable Energy Capital," Ecological Economics, Elsevier, vol. 156(C), pages 337-349.
    27. Mota, Rui Pedro & Cunha-e-Sá, Maria A., 2019. "The Role of Technological Progress in Testing Adjusted Net Savings: Evidence from OECD Countries," Ecological Economics, Elsevier, vol. 164(C), pages 1-1.

  29. Chuan-Zhong Li & Karl-Gustaf Löfgren & Martin Weitzman, 2001. "Harvesting versus Biodiversity: An Occam's Razor Version," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(4), pages 355-366, April.

    Cited by:

    1. William Brock & Anastasios Xepapadeas, 2001. "Valuing Biodiversity from an Economic Perspective: A Unified Economic, Ecological and Genetic Approach," Working Papers 0102, University of Crete, Department of Economics.
    2. Eppink, Florian V. & van den Bergh, Jeroen C.J.M., 2007. "Ecological theories and indicators in economic models of biodiversity loss and conservation: A critical review," Ecological Economics, Elsevier, vol. 61(2-3), pages 284-293, March.
    3. Bertram, Christine, 2010. "Integrating biodiversity indices into a multi-species optimal control model," Kiel Working Papers 1662, Kiel Institute for the World Economy (IfW Kiel).

  30. Martin L. Weitzman, 2001. "Gamma Discounting," American Economic Review, American Economic Association, vol. 91(1), pages 260-271, March.
    See citations under working paper version above.
  31. Weitzman, Martin L., 2000. "The linearised Hamiltonian as comprehensive NDP," Environment and Development Economics, Cambridge University Press, vol. 5(1), pages 55-68, February.
    See citations under working paper version above.
  32. Martin L. Weitzman, 2000. "Economic Profitability Versus Ecological Entropy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(1), pages 237-263.
    See citations under working paper version above.
  33. Weitzman, Martin L., 2000. "An 'economics proof' of the supporting hyperplane theorem," Economics Letters, Elsevier, vol. 68(1), pages 1-6, July.

    Cited by:

  34. Martin L. Weitzman, 1999. "Pricing the Limits to Growth from Minerals Depletion," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(2), pages 691-706.
    See citations under working paper version above.
  35. Frederick Guy & Neil Perry & Andrei Shleifer & Andrew Metrick & Martin L. Weitzman & Barbara R. Bergmann & David Laidler & George S. Tavlas, 1999. "Correspondence," Journal of Economic Perspectives, American Economic Association, vol. 13(3), pages 235-242, Summer.

    Cited by:

    1. Dellas, Harris & Tavlas, George, 2010. "An Optimum Currency Area Odyssey," CEPR Discussion Papers 7645, C.E.P.R. Discussion Papers.

  36. Weitzman, Martin L., 1998. "On the welfare significance of national product under interest-rate uncertainty," European Economic Review, Elsevier, vol. 42(8), pages 1581-1594, September.
    See citations under working paper version above.
  37. Martin L. Weitzman, 1998. "The Noah's Ark Problem," Econometrica, Econometric Society, vol. 66(6), pages 1279-1298, November.

    Cited by:

    1. Pierre Courtois & Charles FiguiËres & ChloÈ Mulier & Joakim Weill, 2017. "A cost-benefit approach for prioritizing invasive species," Policy Papers 2017.06, FAERE - French Association of Environmental and Resource Economists.
    2. Billionnet, Alain, 2013. "Mathematical optimization ideas for biodiversity conservation," European Journal of Operational Research, Elsevier, vol. 231(3), pages 514-534.
    3. William Brock & Anastasios Xepapadeas, 2001. "Valuing Biodiversity from an Economic Perspective: A Unified Economic, Ecological and Genetic Approach," Working Papers 0102, University of Crete, Department of Economics.
    4. Angela Münch, 2010. "Agri-Environmental Schemes and Grassland Biodiversity: Another Side of the Coin," Jena Economics Research Papers 2010-026, Friedrich-Schiller-University Jena.
    5. Grazia Cecere & Nicoletta Corrocher & Cédric Gossart & Muge Ozman, 2014. "Lock-in and path dependence: an evolutionary approach to eco-innovations," Journal of Evolutionary Economics, Springer, vol. 24(5), pages 1037-1065, November.
    6. Maestre Andrés, Sara & Calvet Mir, Laura & van den Bergh, Jeroen C.J.M. & Ring, Irene & Verburg, Peter H., 2012. "Ineffective biodiversity policy due to five rebound effects," Ecosystem Services, Elsevier, vol. 1(1), pages 101-110.
    7. Pierre-André Jouvet & Grégory Ponthière, 2011. "Survival, reproduction and congestion: the spaceship problem re-examined," PSE-Ecole d'économie de Paris (Postprint) halshs-00754509, HAL.
    8. Wenjuan Cheng & Alessio D'Amato & Giacomo Pallante, 2018. "Benefit sharing mechanisms for agricultural genetic diversity use and in-situ conservation," SEEDS Working Papers 1018, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised May 2018.
    9. Jean-Paul Chavas, 2009. "On the Productive Value of Biodiversity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 42(1), pages 109-131, January.
    10. Jeroen Bergh, 2007. "Evolutionary thinking in environmental economics," Journal of Evolutionary Economics, Springer, vol. 17(5), pages 521-549, October.
    11. Sebastian Bervoets & Nicolas Gravel, 2003. "Appraising diversity with an ordinal notion of similarity: an Axiomatic approach," IDEP Working Papers 0308, Institut d'economie publique (IDEP), Marseille, France.
    12. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer.
    13. Simianer, H. & Marti, S. B. & Gibson, J. & Hanotte, O. & Rege, J. E. O., 2003. "An approach to the optimal allocation of conservation funds to minimize loss of genetic diversity between livestock breeds," Ecological Economics, Elsevier, vol. 45(3), pages 377-392, July.
    14. Ronen Shnayderman, 2016. "Ian Carter’s non-evaluative theory of freedom and diversity: a critique," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(1), pages 39-55, January.
    15. Sebastian Bervoets, 2010. "An axiomatic approach to predictability of outcomes in an interactive setting," Theory and Decision, Springer, vol. 68(3), pages 311-323, March.
    16. Dyar, Julie A. & Wagner, Jeffrey, 2003. "Uncertainty and species recovery program design," Journal of Environmental Economics and Management, Elsevier, vol. 45(2, Supple), pages 505-522, March.
    17. Farnsworth, K.D. & Adenuga, A.H. & de Groot, R.S., 2015. "The complexity of biodiversity: A biological perspective on economic valuation," Ecological Economics, Elsevier, vol. 120(C), pages 350-354.
    18. Meinard, Yves & Grill, Philippe, 2011. "The economic valuation of biodiversity as an abstract good," Ecological Economics, Elsevier, vol. 70(10), pages 1707-1714, August.
    19. Sol, Joeri, 2019. "Economics in the anthropocene: species extinction or steady state economics," Ecological Economics, Elsevier, vol. 165(C), pages 1-1.
    20. Lewis, David J. & Plantinga, Andrew J. & Nelson, Erik & Polasky, Stephen, 2009. "The Efficiency of Voluntary Incentive Policies for Preventing Biodiversity Loss," Staff Paper Series 533, University of Wisconsin, Agricultural and Applied Economics.
    21. List, John A & Bulte, Erwin H & Shogren, Jason F, 2002. ""Beggar Thy Neighbor": Testing for Free Riding in State-Level Endangered Species Expenditures," Public Choice, Springer, vol. 111(3-4), pages 303-315, June.
    22. Richard S.J. Tol, 2002. "Emission Abatement Versus Development As Strategies To Reduce Vulnerability To Climate Change: An Application Of Fund," Working Papers FNU-12, Research unit Sustainability and Global Change, Hamburg University, revised Apr 2002.
    23. Michael Brei & Agustin Perez Barahona & Eric Strobl, 2016. "Environmental pollution and biodiversity: Light pollution and sea turtles in the Caribbean," Post-Print hal-01320463, HAL.
    24. Banzhaf, H. Spencer & Boyd, James, 2005. "The Architecture and Measurement of an Ecosystem Services Index," Discussion Papers 10452, Resources for the Future.
    25. Krishna, Vijesh V. & Drucker, Adam G. & Pascual, Unai & Raghu, Prabhakaran T. & King, E.D. Israel Oliver, 2013. "Estimating compensation payments for on-farm conservation of agricultural biodiversity in developing countries," Ecological Economics, Elsevier, vol. 87(C), pages 110-123.
    26. van der Heide, C. Martijn & van den Bergh, Jeroen C.J.M. & van Ierland, Ekko C., 2005. "Extending Weitzman's economic ranking of biodiversity protection: combining ecological and genetic considerations," Ecological Economics, Elsevier, vol. 55(2), pages 218-223, November.
    27. Catherine M. Chambers & Paul E. Chambers & John R. Crooker & John C. Whitehead, 2008. "Stochastic Dominance, Entropy and Biodiversity Management," Working Papers 0807, University of Central Missouri, Department of Economics & Finance, revised May 2008.
    28. Pierre Courtois & Charles Figuieres & Chloé Mulier, 2014. "Conservation Priorities when Species Interact: The Noah's Ark Metaphor Revisited," PLOS ONE, Public Library of Science, vol. 9(9), pages 1-8, September.
    29. Eppink, Florian V. & van den Bergh, Jeroen C.J.M., 2007. "Ecological theories and indicators in economic models of biodiversity loss and conservation: A critical review," Ecological Economics, Elsevier, vol. 61(2-3), pages 284-293, March.
    30. Samuel, Aurelia F. & Drucker, Adam G. & Andersen, Sven B. & Simianer, Henner & van Zonneveld, Maarten, 2013. "Development of a cost-effective diversity-maximising decision-support tool for in situ crop genetic resources conservation: The case of cacao," Ecological Economics, Elsevier, vol. 96(C), pages 155-164.
    31. BOSSERT, Walter & D’AMBROSIO, Conchita & LA FERRARA, Eliana, 2008. "A Generalized Index of Fractionalization," Cahiers de recherche 2008-01, Universite de Montreal, Departement de sciences economiques.
    32. Cecile Aubert & Pranab K. Bardhan & Jeff Dayton-Johnson, 2004. "Artfilms, Handicrafts and Other Cultural Goods: The Case for Subsidy," Public Economics 0407001, University Library of Munich, Germany.
    33. Elżbieta Pliś, 2020. "Diversity and Innovation in Economic Evolution," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 12(4), pages 347-367, December.
    34. Vincent Martinet & Fabian Blanchard, 2009. "Fishery externalities and biodiversity: trade-offs between the viability of shrimp trawling and the conservation of Frigatebirds in French Guiana," Post-Print hal-01172916, HAL.
    35. Courtois, Pierre & Figuières, Charles & Mulier, Chloe, 2019. "A Tale of Two Diversities," Ecological Economics, Elsevier, vol. 159(C), pages 133-147.
    36. Zander, Kerstin K. & Drucker, Adam G. & Holm-Müller, Karin & Simianer, Henner, 2009. "Choosing the "cargo" for Noah's Ark - Applying Weitzman's approach to Borana cattle in East Africa," Ecological Economics, Elsevier, vol. 68(7), pages 2051-2057, May.
    37. Alexandre Pavlov & Charles Vaillancourt & Michel Poitevin, 2020. "Tarification optimale du gaz carbonique et élasticités dans les transports," CIRANO Project Reports 2020rp-20, CIRANO.
    38. Halimani, T.E. & Muchadeyi, F.C. & Chimonyo, M. & Dzama, K., 2010. "Pig genetic resource conservation: The Southern African perspective," Ecological Economics, Elsevier, vol. 69(5), pages 944-951, March.
    39. Bartkowski, Bartosz & Lienhoop, Nele & Hansjürgens, Bernd, 2015. "Capturing the complexity of biodiversity: A critical review of economic valuation studies of biological diversity," Ecological Economics, Elsevier, vol. 113(C), pages 1-14.
    40. Late Lawson & Lawson Late, 2020. "A simple Ricardo-Malthusian model of population, deforestation and biodiversity loss," Working Papers 2020.08, FAERE - French Association of Environmental and Resource Economists.
    41. Caracciolo, Francesco & Gotor, Elisabetta & Holloway, Garth J. & Watts, Jamie, 2008. "The Origin, Development And Structure Of Demand For Plant Genetic Resources. The Impact Of The In Trust Agreements To The CGIAR Collections Availability," 82nd Annual Conference, March 31 - April 2, 2008, Royal Agricultural College, Cirencester, UK 36773, Agricultural Economics Society.
    42. Perry, Neil & Shankar, Sriram, 2017. "The State-contingent Approach to the Noah's Ark Problem," Ecological Economics, Elsevier, vol. 134(C), pages 65-72.
    43. Simianer, H., 2005. "Decision making in livestock conservation," Ecological Economics, Elsevier, vol. 53(4), pages 559-572, June.
    44. Thomas Eichner & John Tschirhart, 2007. "Efficient ecosystem services and naturalness in an ecological/economic model," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(4), pages 733-755, August.
    45. Gerber, Nicolas, 2011. "Biodiversity measures based on species-level dissimilarities: A methodology for assessment," Ecological Economics, Elsevier, vol. 70(12), pages 2275-2281.
    46. Cullen, Ross & Fairburn, Geoffrey A. & Hughey, Kenneth F. D., 2001. "Measuring the productivity of threatened-species programs," Ecological Economics, Elsevier, vol. 39(1), pages 53-66, October.
    47. Ilhem Kassar & Pierre Lasserre, 2002. "Species Preservation and Biodiversity Value: A Real Options Approach," Cahiers de recherche du Département des sciences économiques, UQAM 20-18, Université du Québec à Montréal, Département des sciences économiques.
    48. Noack, Frederik A.W. & Manthey, Michael & Ruitenbeek, Jack H. & Mohadjer, M.R. Marvie, 2010. "Separate or mixed production of timber, livestock and biodiversity in the Caspian Forest," Ecological Economics, Elsevier, vol. 70(1), pages 67-76, November.
    49. C. Martijn van der Heide & Jeroen C.J.M. van den Bergh & Ekko C. van Ierland, 1999. "Globalisation and Nature Policy: An Integrated Environmental-Economic Framework," Tinbergen Institute Discussion Papers 99-090/3, Tinbergen Institute.
    50. Juutinen, Artti, 2008. "Old-growth boreal forests: Worth protecting for biodiversity?," Journal of Forest Economics, Elsevier, vol. 14(4), pages 242-267, November.
    51. Gerber, Nicolas, 2009. "Measuring Biodiversity – an axiomatic evaluation of measures based on genetic data," Discussion Papers 51305, University of Bonn, Center for Development Research (ZEF).
    52. Maarten Punt & Hans-Peter Weikard & Ekko Ierland & Jan Stel, 2012. "Large Scale Marine Protected Areas for Biodiversity Conservation Along a Linear Gradient: Cooperation, Strategic Behavior or Conservation Autarky?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(2), pages 203-228, October.
    53. Ambrey, Christopher L. & Fleming, Christopher M., 2011. "Valuing Ecosystem Diversity in South East Queensland: A Life Satisfaction Approach," 2011 Conference, August 25-26, 2011, Nelson, New Zealand 115347, New Zealand Agricultural and Resource Economics Society.
    54. Tilman, David & Polasky, Stephen & Lehman, Clarence, 2005. "Diversity, productivity and temporal stability in the economies of humans and nature," Journal of Environmental Economics and Management, Elsevier, vol. 49(3), pages 405-426, May.
    55. Michael R. Springborn & Amanda Faig & Allison Dedrick & Marissa L. Baskett, 2020. "Beyond Biomass: Valuing Genetic Diversity in Natural Resource Management," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(2), pages 607-624, March.
    56. Sarr, Mare & Goeschl, Timo & Swanson, Tim, 2008. "The value of conserving genetic resources for R&D: A survey," Ecological Economics, Elsevier, vol. 67(2), pages 184-193, September.
    57. Zander, Kerstin K. & Drucker, Adam G., 2008. "Conserving what's important: Using choice model scenarios to value local cattle breeds in East Africa," Ecological Economics, Elsevier, vol. 68(1-2), pages 34-45, December.
    58. Fadlaoui, Aziz & Roosen, Jutta & Baret, Philippe V., 2005. "Of Experts, Politicians and Beasts: Setting Priorities in Farm Animal Conservation Choices," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24546, European Association of Agricultural Economists.
    59. Bruno Trezzini, 2013. "A measure of multidimensional polarization for categorical diversity data," Quality & Quantity: International Journal of Methodology, Springer, vol. 47(1), pages 313-333, January.
    60. Faustin, Vidogbèna & Adégbidi, Anselme A. & Garnett, Stephen T. & Koudandé, Delphin O. & Agbo, Valentin & Zander, Kerstin K., 2010. "Peace, health or fortune?: Preferences for chicken traits in rural Benin," Ecological Economics, Elsevier, vol. 69(9), pages 1848-1857, July.
    61. Cullen, Ross & Moran, Emma & Hughey, Kenneth F.D., 2005. "Measuring the success and cost effectiveness of New Zealand multiple-species projects to the conservation of threatened species," Ecological Economics, Elsevier, vol. 53(3), pages 311-323, May.
    62. Haddock, Janet & Tzanopoulos, Joseph & Mitchley, Jonathan & Fraser, Rob, 2007. "A method for evaluating alternative landscape management scenarios in relation to the biodiversity conservation of habitats," Ecological Economics, Elsevier, vol. 61(2-3), pages 277-283, March.
    63. Marcello Basili & Stefano Vannucci, 2007. "Diversity as Width," Department of Economics University of Siena 500, Department of Economics, University of Siena.
    64. Baumgartner, Stefan & Becker, Christian & Faber, Malte & Manstetten, Reiner, 2006. "Relative and absolute scarcity of nature. Assessing the roles of economics and ecology for biodiversity conservation," Ecological Economics, Elsevier, vol. 59(4), pages 487-498, October.
    65. Shamir, Shiri, 2011. "An Interior Optimal Species Preservation Policy for the Two Types' Symbiotic Noah Ark," Foerder Institute for Economic Research Working Papers 275757, Tel-Aviv University > Foerder Institute for Economic Research.
    66. Irene Alvarado-Quesada & Hans-Peter Weikard, 2017. "International Environmental Agreements for biodiversity conservation: a game-theoretic analysis," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(5), pages 731-754, October.
    67. Klauer, Bernd & Bartkowski, Bartosz & Manstetten, Reiner & Petersen, Thomas, 2017. "Sustainability as a Fair Bequest: An Evaluation Challenge," Ecological Economics, Elsevier, vol. 141(C), pages 136-143.
    68. Bartkowski, Bartosz, 2017. "Are diverse ecosystems more valuable? Economic value of biodiversity as result of uncertainty and spatial interactions in ecosystem service provision," Ecosystem Services, Elsevier, vol. 24(C), pages 50-57.
    69. Perry, Neil, 2010. "The ecological importance of species and the Noah's Ark problem," Ecological Economics, Elsevier, vol. 69(3), pages 478-485, January.
    70. Béné, C. & Doyen, L., 2008. "Contribution values of biodiversity to ecosystem performances: A viability perspective," Ecological Economics, Elsevier, vol. 68(1-2), pages 14-23, December.
    71. Narloch, Ulf & Drucker, Adam G. & Pascual, Unai, 2011. "Payments for agrobiodiversity conservation services for sustained on-farm utilization of plant and animal genetic resources," Ecological Economics, Elsevier, vol. 70(11), pages 1837-1845, September.

  38. Martin L. Weitzman, 1998. "Recombinant Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(2), pages 331-360.
    See citations under working paper version above.
  39. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer.
    See citations under working paper version above.
  40. Weitzman, Martin L., 1998. "Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate," Journal of Environmental Economics and Management, Elsevier, vol. 36(3), pages 201-208, November.

    Cited by:

    1. Price, Colin, 2018. "Declining discount rate and the social cost of carbon: Forestry consequences," Journal of Forest Economics, Elsevier, vol. 31(C), pages 39-45.
    2. Nicole El Karoui & Caroline Hillairet & Mohamed Mrad, 2022. "Ramsey rule with forward/backward utility for long-term yield curves modeling," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 45(1), pages 375-414, June.
    3. Pizer, William A. & Kopp, Raymond J., 2003. "Calculating the Costs of Environmental Regulation," Discussion Papers 10762, Resources for the Future.
    4. Hepburn, Cameron & Groom, Ben, 2007. "Gamma discounting and expected net future value," Journal of Environmental Economics and Management, Elsevier, vol. 53(1), pages 99-109, January.
    5. Traeger, Christian P., 2012. "What's the Rate? Disentangling the Weitzman and the Gollier Effect," CUDARE Working Papers 121932, University of California, Berkeley, Department of Agricultural and Resource Economics.
    6. Maria Sandsmark & Haakon Vennemo, 2007. "A portfolio approach to climate investments: CAPM and endogenous risk," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(4), pages 681-695, August.
    7. Szekeres, Szabolcs, 2020. "Checking the Evidence for Declining Discount Rates," MPRA Paper 102233, University Library of Munich, Germany.
    8. Philippe Bracke & Ted Pinchbeck & James Wyatt, 2014. "The Time Value of Housing: Historical Evidence from London Residential Leases," SERC Discussion Papers 0168, Centre for Economic Performance, LSE.
    9. Rout, Tracy M. & Moore, Joslin L. & Possingham, Hugh P. & McCarthy, Michael A., 2011. "Allocating biosecurity resources between preventing, detecting, and eradicating island invasions," Ecological Economics, Elsevier, vol. 71(C), pages 54-62.
    10. David F. Burgess & Richard O. Zerbe, 2013. "Appropriate discounting for benefit–cost analysis," Chapters, in: Scott O. Farrow & Richard Zerbe, Jr. (ed.), Principles and Standards for Benefit–Cost Analysis, chapter 7, pages 247-263, Edward Elgar Publishing.
    11. Gluzberg, Victor E. & Katz, Yuri A., 2019. "Planetary boundaries of consumption growth: Declining social discount rates," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 521(C), pages 362-374.
    12. Gollier, Christian, 2013. "A theory of rational short-termism with uncertain betas," TSE Working Papers 13-389, Toulouse School of Economics (TSE).
    13. Rick Van der Ploeg & Bas Jacobs, 2010. "Precautionary Climate Change Policies And Optimal Redistribution," OxCarre Working Papers 049, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    14. Gollier, Christian, 2002. "Time Horizon and the Discount Rate," Journal of Economic Theory, Elsevier, vol. 107(2), pages 463-473, December.
    15. Oz Sahin & Rodney Stewart & Fernanda Helfer, 2015. "Bridging the Water Supply–demand Gap in Australia: Coupling Water Demand Efficiency with Rain-independent Desalination Supply," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 29(2), pages 253-272, January.
    16. GOLLIER Christian, 2008. "Expected net present value, expected net future value, and the Ramsey rule," LERNA Working Papers 08.29.273, LERNA, University of Toulouse.
    17. Hoel, Michael & Sterner, Thomas, 2006. "Discounting and relative prices in assessing future environmental damages," Working Papers in Economics 199, University of Gothenburg, Department of Economics.
    18. Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2014. "What Do We Learn from the Weather? The New Climate-Economy Literature," Journal of Economic Literature, American Economic Association, vol. 52(3), pages 740-798, September.
    19. Ekaterini Panopoulou & B. Groom & P. Koundouri & Theologos Pantelidis, 2005. "Discounting the distant future: How much does model selection affect the certainty equivalent rate?," Economics Department Working Paper Series n1480105, Department of Economics, National University of Ireland - Maynooth.
    20. Eric Fesselmeyer & Haoming Liu & Alberto Salvo, 2022. "Declining discount rates in Singapore's market for privately developed apartments," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 330-350, March.
    21. Глущенко К. П., 2012. "Оценка эффективности транспортных проектов: опыт и проблемы (часть 2). Transport project appraisal: experience and problems (part 2)," Мир экономики и управления // Вестник НГУ. Cерия: Cоциально-экономические науки, Socionet;Новосибирский государственный университет, vol. 12(1), pages 40-46.
    22. Louberge, Henri & Villeneuve, Stephane & Chesney, Marc, 2002. "Long-term risk management of nuclear waste: a real options approach," Journal of Economic Dynamics and Control, Elsevier, vol. 27(1), pages 157-180, November.
    23. Minh Ha-Duong & Nicolas Treich, 2004. "Risk Aversion, Intergenerational Equity and Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 28(2), pages 195-207, June.
    24. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.
    25. Gautier, Pieter A. & Vuuren, Aico van, 2019. "The effect of land lease on house prices," Journal of Housing Economics, Elsevier, vol. 46(C).
    26. Therese Grijalva & Jayson Lusk & W. Shaw, 2014. "Discounting the Distant Future: An Experimental Investigation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 59(1), pages 39-63, September.
    27. Keller, Klaus & Bolker, Benjamin M. & Bradford, D.F.David F., 2004. "Uncertain climate thresholds and optimal economic growth," Journal of Environmental Economics and Management, Elsevier, vol. 48(1), pages 723-741, July.
    28. Sterner, Thomas & Damon, Maria, 2011. "Green growth in the post-Copenhagen climate," Energy Policy, Elsevier, vol. 39(11), pages 7165-7173.
    29. R. Turner, 2007. "Limits to CBA in UK and European environmental policy: retrospects and future prospects," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(1), pages 253-269, May.
    30. Helen Scarborough, 2011. "Intergenerational equity and the social discount rate," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 55(2), pages 145-158, April.
    31. Olijslagers, Stan & van der Ploeg, Frederick & van Wijnbergen, Sweder, 2023. "On current and future carbon prices in a risky world," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    32. Nina Anchugina & Matthew Ryan & Arkadii Slinko, 2016. "Aggregating time preferences with decreasing impatience," Papers 1604.01819, arXiv.org.
    33. Gollier, Christian & Koundouri, Phoebe & Pantelidis, Theologos, 2008. "Declining Discount Rates: Economic Justifications and Implications for Long-Run Policy," IDEI Working Papers 525, Institut d'Économie Industrielle (IDEI), Toulouse.
    34. Nicole El Karoui & Caroline Hillairet & Mohamed Mrad & El Karoui & Hillairet Caroline & Mrad Mohamed, 2020. "Ramsey Rule with Progressive Utility in Long Term Yield Curves Modeling," Post-Print hal-00974815, HAL.
    35. Sascha Kollenberg & Luca Taschini, 2016. "Emissions trading systems with cap adjustments," GRI Working Papers 195, Grantham Research Institute on Climate Change and the Environment.
    36. Yvan Lengwiler, 2005. "Heterogeneous Patience and the Term Structure of Real Interest Rates," American Economic Review, American Economic Association, vol. 95(3), pages 890-896, June.
    37. Tas Thamo & David J. Pannell & Marit E. Kragt & Michael J. Robertson & Maksym Polyakov, 2017. "Dynamics and the economics of carbon sequestration: common oversights and their implications," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 22(7), pages 1095-1111, October.
    38. Szekeres, Szabolcs, 2015. "When should the distant future not be discounted at increasing discount rates?," MPRA Paper 63437, University Library of Munich, Germany.
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    1. Danielle Sinnett & Isabelle Bray & Gergő Baranyi & Matthias Braubach & Sinaia Netanyanhu, 2022. "Systematic Review of the Health and Equity Impacts of Remediation and Redevelopment of Contaminated Sites," IJERPH, MDPI, vol. 19(9), pages 1-25, April.

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    1. Mubashir Qasim & Les Oxley & Eoin McLaughlin, 2020. "Genuine savings as a test of New Zealand weak sustainability," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(1), pages 89-127, January.
    2. Nick Hanley & Louis Dupuy & Eoin McLaughlin, 2015. "Genuine Savings And Sustainability," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 779-806, September.
    3. M. del Mar Rubio, 2003. "The capital gains from trade are not enough: Evidence from the environmental accounts of Venezuela and Mexico," Economics Working Papers 689, Department of Economics and Business, Universitat Pompeu Fabra.
    4. John C. V. Pezzey, 2002. "Measuring Technical Progress in Gross and Net Products," Economics and Environment Network Working Papers 0202, Australian National University, Economics and Environment Network.
    5. Eoin McLaughlin & Cristián Ducoing & Les Oxley, 2024. "Tracing Sustainability in the Long Run: Genuine Savings Estimates 1850–2018," NBER Chapters, in: Measuring and Accounting for Environmental Public Goods: A National Accounts Perspective, National Bureau of Economic Research, Inc.
    6. Mostafa Elsayedshahen & Shibly Shahrier & Koji Kotani, 2019. "Happiness, generativity and social preferences in a developing country," Working Papers SDES-2019-8, Kochi University of Technology, School of Economics and Management, revised Jul 2019.
    7. Nick Hanley & Les Oxley & David Greasley & Eoin McLaughlin & Matthias Blum, 2016. "Empirical Testing of Genuine Savings as an Indicator of Weak Sustainability: A Three-Country Analysis of Long-Run Trends," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(2), pages 313-338, February.
    8. Pezzey, John C.V., 2001. "Exact Measures of Income in Two Capital-Resource Economies," 2001 Conference (45th), January 23-25, 2001, Adelaide, Australia 125834, Australian Agricultural and Resource Economics Society.
    9. Luke Mcgrath & Stephen Hynes & John Mchale, 2022. "Reassessing Ireland’s economic development through the lens of sustainable development [Sustainability and the measurement of wealth]," European Review of Economic History, European Historical Economics Society, vol. 26(3), pages 399-422.
    10. McGrath, Luke & Hynes, Stephen & McHale, John, 2019. "Augmenting the World Bank's estimates: Ireland's genuine savings through boom and bust," Ecological Economics, Elsevier, vol. 165(C), pages 1-1.
    11. John C. V. Pezzey, 2002. "A One-sided Sustainability Test With Multiple Consumption Goods," Working Papers in Ecological Economics 0201, Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program.
    12. Ayumi Onuma, 1999. "Sustainable consumption, sustainable development, and green net national product," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 2(3), pages 187-197, September.
    13. Pezzey, John C.V. & Toman, Michael, 2002. "The Economics of Sustainability: A Review of Journal Articles," Discussion Papers 10683, Resources for the Future.
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    1. Anne‐célia Disdier & Carl Gaigné & Cristina Herghelegiu, 2023. "Do standards improve the quality of traded products?," Post-Print hal-04379781, HAL.
    2. Gabriella Montinola & Ramon Moreno, 2001. "The political economy of foreign bank entry and its impact: theory and a case study," Pacific Basin Working Paper Series 2001-11, Federal Reserve Bank of San Francisco.
    3. García-Martínez, José A. & Vega-Redondo, Fernando, 2015. "Social cohesion and the evolution of altruism," Games and Economic Behavior, Elsevier, vol. 92(C), pages 74-105.
    4. Gaigné, Carl & Larue, Bruno & Zongo, Wendkouni Jean-Baptiste, 2021. "On Export Duration Puzzles," Working Papers 319672, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
    5. Salomonsson, Marcus, 2009. "Group Selection: The quest for social preferences," SSE/EFI Working Paper Series in Economics and Finance 712, Stockholm School of Economics.
    6. Josephson, Jens & Wärneryd, Karl, 2008. "Long-run selection and the work ethic," Games and Economic Behavior, Elsevier, vol. 63(1), pages 354-365, May.
    7. Chapda Nana, Guy & Gervais, Jean-Philippe & Larue, Bruno, 2010. "Regional Integration and Dynamic Adjustments: Evidence from a Gross National Product Function for Canada and the United States," MPRA Paper 23389, University Library of Munich, Germany.
    8. Alexander Galetovic, 2003. "Integración Vertical en el Sector Eléctrico: Una guía para el usuario (Vertical integration in the electricity sector)," Documentos de Trabajo 158, Centro de Economía Aplicada, Universidad de Chile.
    9. Bhaumik, Sumon Kumar & Dimova, Ralitza, 2004. "How important is ownership in a market with level playing field?: The Indian banking sector revisited," Journal of Comparative Economics, Elsevier, vol. 32(1), pages 165-180, March.
    10. Cvitanic Jaksa & Malamud Semyon, 2010. "Relative Extinction of Heterogeneous Agents," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-23, February.
    11. José A. García Martínez, 2004. "Altruism, Egoism And Group Cohesion In A Local Interaction Model," Working Papers. Serie AD 2004-44, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    12. Y.M. Ermoliev & S.D. Flam, 1997. "Learning in Potential Games," Working Papers ir97022, International Institute for Applied Systems Analysis.
    13. Mohieddine Rahmouni, 2021. "Determinants of capacity utilisation by firms in developing countries: evidence from Tunisia," International Journal of Technological Learning, Innovation and Development, Inderscience Enterprises Ltd, vol. 13(3), pages 212-245.
    14. Jan Sviták & Jarig Sinderen, 2018. "Economic Impact of Competition Policy: A Look Beyond Consumer Surplus," De Economist, Springer, vol. 166(1), pages 23-40, March.

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    1. Shiri M. Breznitz & Qiantao Zhang, 2020. "Determinants of graduates’ entrepreneurial activity," Small Business Economics, Springer, vol. 55(4), pages 1039-1056, December.
    2. Philip Auerswald & Stuart Kauffman & Jose Lobo & Karl Shell, 1998. "The Production Recipes Approach to Modeling Technological Innovation: An Application to Learning By Doing," Working Papers 98-11-100, Santa Fe Institute.
    3. Martin Kalthaus, 2020. "Knowledge recombination along the technology life cycle," Journal of Evolutionary Economics, Springer, vol. 30(3), pages 643-704, July.
    4. Antonelli, Cristiano, 2016. "The Derived Demand for Knowledge," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201612, University of Turin.
    5. Cameron Hepburn & Alex Bowen, 2012. "Prosperity with growth: Economic growth, climate change and environmental limits," GRI Working Papers 93, Grantham Research Institute on Climate Change and the Environment.
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    42. Andreas Kontoleon & Timothy Swanson, 2003. "The Willingness to Pay for Property Rights for the Giant Panda: Can a Charismatic Species Be an Instrument for Nature Conservation?," Land Economics, University of Wisconsin Press, vol. 79(4), pages 483-499.
    43. Michael Brock & Grischa Perino & Robert Sugden, 2017. "The Warden Attitude: An Investigation of the Value of Interaction with Everyday Wildlife," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(1), pages 127-155, May.
    44. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2005. "Public Choice of Species for the Ark: Phylogenetic Similarity and Preferred Wildlife Species for Survival," Economics, Ecology and Environment Working Papers 54349, University of Queensland, School of Economics.
    45. Ressurreição, Adriana & Gibbons, James & Dentinho, Tomaz Ponce & Kaiser, Michel & Santos, Ricardo S. & Edwards-Jones, Gareth, 2011. "Economic valuation of species loss in the open sea," Ecological Economics, Elsevier, vol. 70(4), pages 729-739, February.
    46. Kontogianni, A. & Tourkolias, C. & Machleras, A. & Skourtos, M., 2012. "Service providing units, existence values and the valuation of endangered species: A methodological test," Ecological Economics, Elsevier, vol. 79(C), pages 97-104.
    47. Gardner M. Brown & Jason F. Shogren, 1998. "Economics of the Endangered Species Act," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 3-20, Summer.
    48. Shreedhar, Ganga & Mourato, Susana, 2019. "Experimental Evidence on the Impact of Biodiversity Conservation Videos on Charitable Donations," Ecological Economics, Elsevier, vol. 158(C), pages 180-193.
    49. Ariane Manuela Amin & Johanna Choumert, 2013. "Development and biodiversity conservation in Sub-Saharan Africa: A spatial analysis," CERDI Working papers halshs-00799175, HAL.
    50. Florian J Weise & Ken J Stratford & Rudolf J van Vuuren, 2014. "Financial Costs of Large Carnivore Translocations – Accounting for Conservation," PLOS ONE, Public Library of Science, vol. 9(8), pages 1-10, August.
    51. Grilli, Gianluca & Notaro, Sandra & Campbell, Danny, 2018. "Including Value Orientations in Choice Models to Estimate Benefits of Wildlife Management Policies," Ecological Economics, Elsevier, vol. 151(C), pages 70-81.
    52. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Public Support for Sustainable Commercial Harvesting of Wildlife: An Australian Case Study," Economics, Ecology and Environment Working Papers 51418, University of Queensland, School of Economics.
    53. Michael R. Moore & Elizabeth B. Maclin & David W. Kershner, 2001. "Testing Theories of Agency Behavior: Evidence from Hydropower Project Relicensing Decisions of the Federal Energy Regulatory Commission," Land Economics, University of Wisconsin Press, vol. 77(3), pages 423-442.
    54. Tisdell, Clement A., 2007. "Institutional Economics and the Behaviour of Conservation Organizations: Implications for Biodiversity Conservation," Economics, Ecology and Environment Working Papers 55099, University of Queensland, School of Economics.
    55. Ando, Amy W. & Getzner, Michael, 2006. "The roles of ownership, ecology, and economics in public wetland-conservation decisions," Ecological Economics, Elsevier, vol. 58(2), pages 287-303, June.
    56. Maresova, Jana & Frynta, Daniel, 2008. "Noah's Ark is full of common species attractive to humans: The case of boid snakes in zoos," Ecological Economics, Elsevier, vol. 64(3), pages 554-558, January.
    57. Di Maria, Corrado & Smulders, Sjak & van der Werf, Edwin, 2012. "Absolute abundance and relative scarcity: Environmental policy with implementation lags," Ecological Economics, Elsevier, vol. 74(C), pages 104-119.
    58. Langpap, Christian & Kerkvliet, Joe, 2002. "Success Or Failure? Ordered Probit Approaches To Measuring The Effectiveness Of The Endangered Species Act," 2002 Annual meeting, July 28-31, Long Beach, CA 19713, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    59. Erwin Bulte & G. van Kooten, 1999. "Marginal Valuation of Charismatic Species: Implications for Conservation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 14(1), pages 119-130, July.
    60. Melstrom, Richard T. & Lee, Kangil & Byl, Jacob P., 2018. "Do Regulations to Protect Endangered Species on Private Lands Affect Local Employment? Evidence from the Listing of the Lesser Prairie Chicken," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 43(3), September.
    61. Richard Horan & James Shortle, 1999. "Optimal Management of Multiple Renewable Resource Stocks: An Application to Minke Whales," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 13(4), pages 435-458, June.
    62. Fadlaoui, Aziz & Roosen, Jutta & Baret, Philippe V., 2005. "Of Experts, Politicians and Beasts: Setting Priorities in Farm Animal Conservation Choices," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24546, European Association of Agricultural Economists.
    63. Danley, Brian & Sandorf, Erlend Dancke & Campbell, Danny, 2021. "Putting your best fish forward: Investigating distance decay and relative preferences for fish conservation," Journal of Environmental Economics and Management, Elsevier, vol. 108(C).
    64. Moyle, Brendan, 1998. "Species conservation and the principal-agent problem," Ecological Economics, Elsevier, vol. 26(3), pages 313-320, September.
    65. Andrew B. Whitford, 2007. "Competing Explanations for Bureaucratic Preferences," Journal of Theoretical Politics, , vol. 19(3), pages 219-247, July.
    66. Baumgartner, Stefan & Becker, Christian & Faber, Malte & Manstetten, Reiner, 2006. "Relative and absolute scarcity of nature. Assessing the roles of economics and ecology for biodiversity conservation," Ecological Economics, Elsevier, vol. 59(4), pages 487-498, October.
    67. J.K. Horowitz, 2002. "Preferences in the Future," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 21(3), pages 241-258, March.
    68. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Dependence of public support for survival of wildlife species on their likeability," Economics, Ecology and Environment Working Papers 51413, University of Queensland, School of Economics.
    69. Henrik Lindhjem & Tran Tuan, 2012. "Valuation of species and nature conservation in Asia and Oceania: a meta-analysis," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 14(1), pages 1-22, January.
    70. Perry, Neil, 2010. "The ecological importance of species and the Noah's Ark problem," Ecological Economics, Elsevier, vol. 69(3), pages 478-485, January.
    71. Laycock, Helen F. & Moran, Dominic & Smart, James C.R. & Raffaelli, David G. & White, Piran C.L., 2011. "Evaluating the effectiveness and efficiency of biodiversity conservation spending," Ecological Economics, Elsevier, vol. 70(10), pages 1789-1796, August.

  47. Weitzman Martin L., 1994. "On the Environmental Discount Rate," Journal of Environmental Economics and Management, Elsevier, vol. 26(2), pages 200-209, March.
    See citations under working paper version above.
  48. Weitzman Martin L. & Xu Chenggang, 1994. "Chinese Township-Village Enterprises as Vaguely Defined Cooperatives," Journal of Comparative Economics, Elsevier, vol. 18(2), pages 121-145, April.
    See citations under working paper version above.
  49. Martin L. Weitzman, 1994. "Monopolistic Competition with Endogenous Specialization," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 61(1), pages 45-56.

    Cited by:

    1. Horii, Ryo, 2012. "Wants and past knowledge: Growth cycles with emerging industries," Journal of Economic Dynamics and Control, Elsevier, vol. 36(2), pages 220-238.
    2. Kostas Axarloglou, 2008. "Product line extensions: causes and effects," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 9-21.
    3. Ferguson, Shon, 2011. "Endogenous Product Differentiation, Market Size and Prices," Working Paper Series 878, Research Institute of Industrial Economics.
    4. Antonio Ciccone & Kiminori Matsuyama, 1993. "Start-Up Costs and Pecuniary Externalities as Barriers to Economic Development," NBER Working Papers 4363, National Bureau of Economic Research, Inc.
    5. Gans, J.S. & Hill, R.J., 1996. "Measuring Product Diversity," Papers 96/25, New South Wales - School of Economics.
    6. Heritiana Ranaivoson, 2005. "The economic analysis of product diversity," Cahiers de la Maison des Sciences Economiques r05083, Université Panthéon-Sorbonne (Paris 1).
    7. Haiwen Zhou, 2004. "The division of labor and the extent of the market," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 24(1), pages 195-209, July.
    8. Chad Syverson, 2001. "Output Market Segmentation and Productivity," Working Papers 01-07, Center for Economic Studies, U.S. Census Bureau.
    9. González-Maestre, Miguel & Granero, Lluís M., 2018. "Competition with targeted product design: Price, variety, and welfare," International Journal of Industrial Organization, Elsevier, vol. 59(C), pages 406-428.
    10. Knaap, T., 1998. "A survey of complementaries in growth and location theories," Research Report 98C44, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    11. Peretto, P. & Smulders, J.A., 2002. "Technological distance, growth and scale effects," Other publications TiSEM bdce08a7-4ad9-4427-a99e-f, Tilburg University, School of Economics and Management.
    12. Richard Walker, 2005. "Superstars and Renaissance Men: Specialization, Market Size and the Income Distribution," CEP Discussion Papers dp0707, Centre for Economic Performance, LSE.
    13. Espen Moen & Fredrik Wulfsberg & Øyvind Aas, 2017. "Price Dispersion and the Role of Stores," Working Papers 201704, Oslo Metropolitan University, Oslo Business School.
    14. Roberto Cazzolla Gatti & Roger Koppl & Brian D. Fath & Stuart Kauffman & Wim Hordijk & Robert E. Ulanowicz, 2020. "On the emergence of ecological and economic niches," Journal of Bioeconomics, Springer, vol. 22(2), pages 99-127, July.
    15. Edmond Baranes & Cuong Vuong, 2012. "Competition with asymmetric regulation of mobile termination charges," Journal of Regulatory Economics, Springer, vol. 42(2), pages 204-222, October.
    16. Walker, Richard, 2005. "Superstars and renaissance men: specialization, market size and the income distribution," LSE Research Online Documents on Economics 19880, London School of Economics and Political Science, LSE Library.
    17. Shiro Kuwahara & Akihisa Shibata, 2006. "The Role of Expectations in a Specialization-driven Growth Model with Endogenous Technology Choice," KIER Working Papers 625, Kyoto University, Institute of Economic Research.
    18. Hendel, Igal & de Figueiredo, John Neiva, 1997. "Product differentiation and endogenous disutility," International Journal of Industrial Organization, Elsevier, vol. 16(1), pages 63-79, November.
    19. Nakayama, Yuji & 中山, 雄司 & ナカヤマ, ユウジ, 2001. "Spatial Competition and Accumulation of Public Capital," Discussion Paper 34, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    20. Heritiana Ranaivoson, 2005. "The economic analysis of product diversity," Post-Print halshs-00197137, HAL.
    21. González-Maestre, Miguel & Granero, Lluís M., 2020. "Excessive vs. insufficient entry in spatial models: When product design and market size matter," Mathematical Social Sciences, Elsevier, vol. 106(C), pages 27-35.
    22. Oriol Valles Codina, 2020. "Economic Production as Life: A Classical Approach to Computational Social Science," Working Papers 2001, New School for Social Research, Department of Economics.
    23. Burak Dindaroglu, 2023. "Product design in monopolistic competition," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(3), pages 471-488, September.

  50. Weitzman, Martin L., 1993. "Economic transition: Can theory help?," European Economic Review, Elsevier, vol. 37(2-3), pages 549-555, April.

    Cited by:

    1. Jaffe, Eugene Donald & Yi, Ling, 2007. "What are the drivers of channel length? Distribution reform in The People's Republic of China," International Business Review, Elsevier, vol. 16(4), pages 474-493, August.
    2. David Horan, 2019. "Compensation strategies to enact new governance frameworks for SDG transformations," Public Sector Economics, Institute of Public Finance, vol. 43(4), pages 375-400.
    3. Chow Kong Wing, Clement & Fung Ka Yiu, Michael, 1996. "Firm dynamics and industrialization in the chinese economy in transition: Implications for small business policy," Journal of Business Venturing, Elsevier, vol. 11(6), pages 489-505, November.
    4. Johannes Schwarze, 1993. "Ein Ansatz zur empirischen Analyse der gesamtdeutschen Einkommensverteilung," Discussion Papers of DIW Berlin 78, DIW Berlin, German Institute for Economic Research.
    5. Vahabi, Mehrdad, 1997. "De l’économie de la pénurie à l’économie politique du communisme. Sur l’évolution récente de la pensée économique de Janos Kornai : 1980-1996 [Economics of Shortage and Political Economy of Communi," MPRA Paper 80026, University Library of Munich, Germany, revised 1997.
    6. Jean‐Philippe Platteau, 1996. "The Evolutionary Theory of Land Rights as Applied to Sub‐Saharan Africa: A Critical Assessment," Development and Change, International Institute of Social Studies, vol. 27(1), pages 29-86, January.
    7. Bouev Maxim & Matveenko Vladimir & Vostroknutova Ekaterina, 1998. "Transformational Decline and Preconditions of Growth in Russia," EERC Working Paper Series 98-03e, EERC Research Network, Russia and CIS.
    8. Kong-Wing, Clement Chow, 1997. "Pre-commitment vs. flexibility: Uncertainty and distribution reform in P.R. China," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 26(1), pages 59-78.
    9. Dic Lo, 2010. "China versus the Washington Consensus: The Anomaly for World Bank Advocacy Research," Working Papers 164, Department of Economics, SOAS University of London, UK.
    10. Mai, Nhat Chi, 2018. "How a Socialist Country’s Transition Towards a Market Economy Impacts Political Reform: The Case of Vietnam," OSF Preprints t6z7m, Center for Open Science.
    11. Batinge, Benjamin & Musango, Josephine Kaviti & Brent, Alan C., 2019. "Sustainable energy transition framework for unmet electricity markets," Energy Policy, Elsevier, vol. 129(C), pages 1090-1099.
    12. Xiang Xu & Alice Siqi Han, 2018. "Will China Collapse: A Review, Assessment And Outlook," Economics Working Papers 18104, Hoover Institution, Stanford University.
    13. mwabukojo, Edson, 2019. "Revealing the Political Science of Development Paradigm Shift; A Study Based on Conceptual Analysis and Pragmatic Evidences," MPRA Paper 97533, University Library of Munich, Germany, revised 11 Dec 2019.

  51. Martin L. Weitzman, 1993. "What to Preserve? An Application of Diversity Theory to Crane Conservation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(1), pages 157-183.

    Cited by:

    1. William Brock & Anastasios Xepapadeas, 2001. "Valuing Biodiversity from an Economic Perspective: A Unified Economic, Ecological and Genetic Approach," Working Papers 0102, University of Crete, Department of Economics.
    2. Kohn, Robert E., 1999. "Thresholds and complementarities in an economic model of preserving and conserving biodiversity," Socio-Economic Planning Sciences, Elsevier, vol. 33(2), pages 151-172, June.
    3. Martin L. Weitzman, 1998. "The Noah's Ark Problem," Econometrica, Econometric Society, vol. 66(6), pages 1279-1298, November.
    4. Bartkowski, Bartosz, 2017. "Existence value, biodiversity, and the utilitarian dilemma," UFZ Discussion Papers 2/2017, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    5. Y. Farzin & Jonathan Kaplan, 2004. "Nonpoint Source Pollution Control under Incomplete and Costly Information," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 28(4), pages 489-506, August.
    6. Amy Craft & R. Simpson, 2001. "The Value of Biodiversity in Pharmaceutical Research with Differentiated Products," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(1), pages 1-17, January.
    7. Swallow, Stephen K., 1996. "Economic Issues in Ecosystem Management: An Introduction and Overview," Agricultural and Resource Economics Review, Cambridge University Press, vol. 25(2), pages 83-100, October.
    8. Jeroen Bergh, 2007. "Evolutionary thinking in environmental economics," Journal of Evolutionary Economics, Springer, vol. 17(5), pages 521-549, October.
    9. Sebastian Bervoets & Nicolas Gravel, 2003. "Appraising diversity with an ordinal notion of similarity: an Axiomatic approach," IDEP Working Papers 0308, Institut d'economie publique (IDEP), Marseille, France.
    10. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer.
    11. Simianer, H. & Marti, S. B. & Gibson, J. & Hanotte, O. & Rege, J. E. O., 2003. "An approach to the optimal allocation of conservation funds to minimize loss of genetic diversity between livestock breeds," Ecological Economics, Elsevier, vol. 45(3), pages 377-392, July.
    12. Sebastian Bervoets, 2010. "An axiomatic approach to predictability of outcomes in an interactive setting," Theory and Decision, Springer, vol. 68(3), pages 311-323, March.
    13. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Working Papers 0025, University of Washington, Department of Economics.
    14. Polasky, Stephen & Vossler, Christian A., 2002. "Conserving biodiversity by conserving land," MPRA Paper 38863, University Library of Munich, Germany.
    15. Gardner M. Brown, 2000. "Renewable Natural Resource Management and Use without Markets," Journal of Economic Literature, American Economic Association, vol. 38(4), pages 875-914, December.
    16. List, John A & Bulte, Erwin H & Shogren, Jason F, 2002. ""Beggar Thy Neighbor": Testing for Free Riding in State-Level Endangered Species Expenditures," Public Choice, Springer, vol. 111(3-4), pages 303-315, June.
    17. Douglas Gollin, 2020. "Conserving genetic resources for agriculture: economic implications of emerging science," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 12(5), pages 919-927, October.
    18. Simpson, R. David & Craft, Amy, 1996. "The Social Value of Using Biodiversity in New Pharmaceutical Product Research," RFF Working Paper Series dp-96-33, Resources for the Future.
    19. Banzhaf, H. Spencer & Boyd, James, 2005. "The Architecture and Measurement of an Ecosystem Services Index," Discussion Papers 10452, Resources for the Future.
    20. Cardoso de Mendonca, Mario Jorge & Sachsida, Adolfo & Loureiro, Paulo R. A., 2003. "A study on the valuing of biodiversity: the case of three endangered species in Brazil," Ecological Economics, Elsevier, vol. 46(1), pages 9-18, August.
    21. van der Heide, C. Martijn & van den Bergh, Jeroen C.J.M. & van Ierland, Ekko C., 2005. "Extending Weitzman's economic ranking of biodiversity protection: combining ecological and genetic considerations," Ecological Economics, Elsevier, vol. 55(2), pages 218-223, November.
    22. Françoise Benhamou & Stéphanie Peltier, 2007. "How should cultural diversity be measured? An application using the French publishing industry," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 31(2), pages 85-107, June.
    23. Batabyal, Amitrajeet A., 2000. "Aspects of ecosystem persistence and the optimal conservation of species," International Review of Economics & Finance, Elsevier, vol. 9(1), pages 69-77, February.
    24. Catherine M. Chambers & Paul E. Chambers & John R. Crooker & John C. Whitehead, 2008. "Stochastic Dominance, Entropy and Biodiversity Management," Working Papers 0807, University of Central Missouri, Department of Economics & Finance, revised May 2008.
    25. Conrad, Jon M., 2018. "Real Options for Endangered Species," Ecological Economics, Elsevier, vol. 144(C), pages 59-64.
    26. Wollny, Clemens B. A., 2003. "The need to conserve farm animal genetic resources in Africa: should policy makers be concerned?," Ecological Economics, Elsevier, vol. 45(3), pages 341-351, July.
    27. Samuel, Aurelia F. & Drucker, Adam G. & Andersen, Sven B. & Simianer, Henner & van Zonneveld, Maarten, 2013. "Development of a cost-effective diversity-maximising decision-support tool for in situ crop genetic resources conservation: The case of cacao," Ecological Economics, Elsevier, vol. 96(C), pages 155-164.
    28. Drucker, Adam G. & Gomez, Veronica & Anderson, Simon, 2001. "The economic valuation of farm animal genetic resources: a survey of available methods," Ecological Economics, Elsevier, vol. 36(1), pages 1-18, January.
    29. Zander, Kerstin K. & Drucker, Adam G. & Holm-Müller, Karin & Simianer, Henner, 2009. "Choosing the "cargo" for Noah's Ark - Applying Weitzman's approach to Borana cattle in East Africa," Ecological Economics, Elsevier, vol. 68(7), pages 2051-2057, May.
    30. Sovacool, Benjamin K. & Mukherjee, Ishani, 2011. "Conceptualizing and measuring energy security: A synthesized approach," Energy, Elsevier, vol. 36(8), pages 5343-5355.
    31. Alexandre Pavlov & Charles Vaillancourt & Michel Poitevin, 2020. "Tarification optimale du gaz carbonique et élasticités dans les transports," CIRANO Project Reports 2020rp-20, CIRANO.
    32. Caracciolo, Francesco & Gotor, Elisabetta & Holloway, Garth J. & Watts, Jamie, 2008. "The Origin, Development And Structure Of Demand For Plant Genetic Resources. The Impact Of The In Trust Agreements To The CGIAR Collections Availability," 82nd Annual Conference, March 31 - April 2, 2008, Royal Agricultural College, Cirencester, UK 36773, Agricultural Economics Society.
    33. Simianer, H., 2005. "Decision making in livestock conservation," Ecological Economics, Elsevier, vol. 53(4), pages 559-572, June.
    34. Giacomo Caterini & Edoardo Gaffeo & Lucio Gobbi, 2020. "How diverse are national banking systems? An analysis on banking business models, profitability, and riskiness," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 49(2), July.
    35. Hein, Lars & Gatzweiler, Franz, 2006. "The economic value of coffee (Coffea arabica) genetic resources," Ecological Economics, Elsevier, vol. 60(1), pages 176-185, November.
    36. Matthew A. Turner, 1998. "Managing Extinctions and Biodiversity," Working Papers mturner-98-04, University of Toronto, Department of Economics.
    37. Gerber, Nicolas, 2011. "Biodiversity measures based on species-level dissimilarities: A methodology for assessment," Ecological Economics, Elsevier, vol. 70(12), pages 2275-2281.
    38. Gong, Yazhen & Bi, Xiang & Wu, Jian, 2020. "Willingness to pay for the conservation of the endangered Red-crowned Crane in China: Roles of conservation attitudes and income," Forest Policy and Economics, Elsevier, vol. 120(C).
    39. Metrick, Andrew & Weitzman, Martin L., 1994. "Patterns of behavior in biodiversity preservation," Policy Research Working Paper Series 1358, The World Bank.
    40. Ilhem Kassar & Pierre Lasserre, 2002. "Species Preservation and Biodiversity Value: A Real Options Approach," Cahiers de recherche du Département des sciences économiques, UQAM 20-18, Université du Québec à Montréal, Département des sciences économiques.
    41. Juutinen, Artti, 2008. "Old-growth boreal forests: Worth protecting for biodiversity?," Journal of Forest Economics, Elsevier, vol. 14(4), pages 242-267, November.
    42. Gerber, Nicolas, 2009. "Measuring Biodiversity – an axiomatic evaluation of measures based on genetic data," Discussion Papers 51305, University of Bonn, Center for Development Research (ZEF).
    43. Maarten Punt & Hans-Peter Weikard & Ekko Ierland & Jan Stel, 2012. "Large Scale Marine Protected Areas for Biodiversity Conservation Along a Linear Gradient: Cooperation, Strategic Behavior or Conservation Autarky?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(2), pages 203-228, October.
    44. Ricardo Arlegi, 2005. "Freedom Of Choice And Conflict Resolution," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 0502, Departamento de Economía - Universidad Pública de Navarra.
    45. Tilman, David & Polasky, Stephen & Lehman, Clarence, 2005. "Diversity, productivity and temporal stability in the economies of humans and nature," Journal of Environmental Economics and Management, Elsevier, vol. 49(3), pages 405-426, May.
    46. Sarr, Mare & Goeschl, Timo & Swanson, Tim, 2008. "The value of conserving genetic resources for R&D: A survey," Ecological Economics, Elsevier, vol. 67(2), pages 184-193, September.
    47. Zander, Kerstin K. & Drucker, Adam G., 2008. "Conserving what's important: Using choice model scenarios to value local cattle breeds in East Africa," Ecological Economics, Elsevier, vol. 68(1-2), pages 34-45, December.
    48. Fadlaoui, Aziz & Roosen, Jutta & Baret, Philippe V., 2005. "Of Experts, Politicians and Beasts: Setting Priorities in Farm Animal Conservation Choices," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24546, European Association of Agricultural Economists.
    49. G. Andrew Karolyi & John Tobin‐de la Puente, 2023. "Biodiversity finance: A call for research into financing nature," Financial Management, Financial Management Association International, vol. 52(2), pages 231-251, June.
    50. Frenken, Koen & Saviotti, Paolo P. & Trommetter, Michel, 1999. "Variety and niche creation in aircraft, helicopters, motorcycles and microcomputers," Research Policy, Elsevier, vol. 28(5), pages 469-488, June.
    51. Swanson, Timothy, 1997. "The Management of Genetic Resources for Agriculture: Ecology and Information, Externalities and Policies," 1997 Conference, August 10-16, 1997, Sacramento, California 197041, International Association of Agricultural Economists.
    52. Asrat, Sinafikeh & Yesuf, Mahmud & Carlsson, Fredrik & Wale, Edilegnaw, 2010. "Farmers' preferences for crop variety traits: Lessons for on-farm conservation and technology adoption," Ecological Economics, Elsevier, vol. 69(12), pages 2394-2401, October.
    53. Baumgartner, Stefan & Becker, Christian & Faber, Malte & Manstetten, Reiner, 2006. "Relative and absolute scarcity of nature. Assessing the roles of economics and ecology for biodiversity conservation," Ecological Economics, Elsevier, vol. 59(4), pages 487-498, October.
    54. Shamir, Shiri, 2011. "An Interior Optimal Species Preservation Policy for the Two Types' Symbiotic Noah Ark," Foerder Institute for Economic Research Working Papers 275757, Tel-Aviv University > Foerder Institute for Economic Research.
    55. Perry, Neil, 2010. "The ecological importance of species and the Noah's Ark problem," Ecological Economics, Elsevier, vol. 69(3), pages 478-485, January.
    56. Narloch, Ulf & Drucker, Adam G. & Pascual, Unai, 2011. "Payments for agrobiodiversity conservation services for sustained on-farm utilization of plant and animal genetic resources," Ecological Economics, Elsevier, vol. 70(11), pages 1837-1845, September.

  52. Martin L. Weitzman, 1992. "On Diversity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 363-405.
    See citations under working paper version above.
  53. Weitzman, Martin L, 1991. "Price Distortion and Shortage Deformation, or What Happened to the Soap?," American Economic Review, American Economic Association, vol. 81(3), pages 401-414, June.

    Cited by:

    1. Jeremy Clark & Bonggeun Kim, 2006. "Differential Time and Money Pricing as a Mechanism for In-kind Redistribution," Working Papers in Economics 06/07, University of Canterbury, Department of Economics and Finance.
    2. Rik Chakraborti & Gavin Roberts, 2023. "How price-gouging regulation undermined COVID-19 mitigation: county-level evidence of unintended consequences," Public Choice, Springer, vol. 196(1), pages 51-83, July.
    3. Alexeev, Michael & Sabyr, Lyaziza, 2004. "Black markets and pre-reform crises in former socialist economies," Economic Systems, Elsevier, vol. 28(1), pages 1-12, March.
    4. Jim Leitzel, 1998. "Goods diversion and repressed inflation: Notes on the political economy of price liberalization," Public Choice, Springer, vol. 94(3), pages 255-266, March.
    5. Goldberg, Linda S. & Karimov, Il'dar, 1997. "Black markets for currency, hoarding activity and policy reforms," Journal of International Economics, Elsevier, vol. 42(3-4), pages 349-369, May.
    6. Linda S. Goldberg & Ildar Karimov, 1992. "Black-Markets for Currency, Hoarding Activity and Currency Reform," NBER Working Papers 4153, National Bureau of Economic Research, Inc.
    7. Brennan Platt, 2009. "Queue-rationed equilibria with fixed costs of waiting," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(2), pages 247-274, August.
    8. Michael Alexeev & James Leitzel, 1999. "Income Distribution and Price Controls: Targeting a Social Safety Net During Economic Transition," William Davidson Institute Working Papers Series 281, William Davidson Institute at the University of Michigan.
    9. Guenette,Justin Damien, 2020. "Price Controls : Good Intentions, Bad Outcomes," Policy Research Working Paper Series 9212, The World Bank.
    10. Daniel Berkowitz & David DeJong & Steven Husted, 1997. "Transition in Russia: It's Happening," William Davidson Institute Working Papers Series 33, William Davidson Institute at the University of Michigan.
    11. Berkowitz, Daniel, 1996. "On the persistence of rationing following liberalization: A theory for economies in transition," European Economic Review, Elsevier, vol. 40(6), pages 1259-1279, June.
    12. Antoni Chawluk, 2000. "Estimates of Demand for Money and Consumption Functions for the Household Sector in Poland, 1967-1999," Economics Series Working Papers 42, University of Oxford, Department of Economics.
    13. Dixon, Huw David, 1993. "Macroeconomic Equilibrium and Reform in a Transitional Economy," CEPR Discussion Papers 758, C.E.P.R. Discussion Papers.
    14. Ms. Sònia Muñoz, 2006. "Suppressed Inflation and Money Demand in Zimbabwe," IMF Working Papers 2006/015, International Monetary Fund.
    15. Leitzel, Jim, 1998. "Goods Diversion and Repressed Inflation: Notes on the Political Economy of Price Liberalization," Public Choice, Springer, vol. 94(3-4), pages 255-266, March.
    16. Jeremy Clark & Bonggeun Kim, 2006. "Paying Vs. Waiting in the Pursuit of Specific Egalitarianism," Working Papers in Economics 06/08, University of Canterbury, Department of Economics and Finance.
    17. Timothy J. Richards, 2022. "Agribusiness and policy failures," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(1), pages 350-363, March.
    18. Wladimir Andreff, 2021. "Janos Kornai: a non-mainstream pathway from economic planning to disequilibrium economics," Public Choice, Springer, vol. 187(1), pages 63-83, April.
    19. Huizinga, Harry, 1995. "The political economy of price ceilings for necessities," Journal of Development Economics, Elsevier, vol. 47(2), pages 443-454, August.
    20. Berkowitz, Daniel & DeJong, David N. & Husted, Steven, 1998. "Quantifying Price Liberalization in Russia," Journal of Comparative Economics, Elsevier, vol. 26(4), pages 735-760, December.
    21. Richard E. Ericson, 2019. "Martin L. Weitzman," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 61(4), pages 639-641, December.
    22. Slobodan Djajić, 1999. "Shortages, Hoarding and Parallel‐Market Premia in an Economy with Administered Prices," Review of Development Economics, Wiley Blackwell, vol. 3(1), pages 1-10, February.
    23. Rik Chakraborti & Gavin Roberts, 2020. "Anti-Gouging Laws, Shortages, and COVID-19: Insights from Consumer Searches," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 35(Winter 20), pages 1-20.
    24. Roberts, B.W., 1993. "The J-Curve is a Gamma-Curve: Initial Welfare Consequences of Price Liberalization in Eastern Europe," Research Paper 114, World Institute for Development Economics Research.
    25. Bredin, Don & Cuthbertson, Keith, 2001. "Liquidity Effects and Precautionary Saving in The Czech Republic," Research Technical Papers 4/RT/01, Central Bank of Ireland.
    26. Mythili, G., 1991. "A Theoretical Exposition of Consumer's Reponse to Alternative Food Policies," CUDARE Working Papers 198589, University of California, Berkeley, Department of Agricultural and Resource Economics.
    27. Lin Chen & Stephanie Houle, 2023. "Turning Words into Numbers: Measuring News Media Coverage of Shortages," Discussion Papers 2023-8, Bank of Canada.
    28. R. Chakraborti & G. Roberts, 2021. "Learning to Hoard: The Effects of Preexisting and Surprise Price-Gouging Regulation During the COVID-19 Pandemic," Journal of Consumer Policy, Springer, vol. 44(4), pages 507-529, December.

  54. Martin L. Weitzman, 1989. "A Theory of Wage Dispersion and Job Market Segmentation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 104(1), pages 121-137.

    Cited by:

    1. Kevin Lang, 2004. "The Effect of the Payroll Tax on Earnings: A Test of Competing Models of Wage Determination," Econometric Society 2004 North American Winter Meetings 360, Econometric Society.
    2. Ellis Scharfenaker, Markus P.A. Schneider, 2019. "Labor Market Segmentation and the Distribution of Income: New Evidence from Internal Census Bureau Data," Working Paper Series, Department of Economics, University of Utah 2019_08, University of Utah, Department of Economics.
    3. Arai, Kazuhiro, 1997. "Cooperation, job security, and wages in a dual labor market equilibrium," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 26(1), pages 39-57.
    4. Merkl, Christian & Snower, Dennis J., 2008. "Escaping the unemployment trap: The case of East Germany," Kiel Working Papers 1309 [rev.], Kiel Institute for the World Economy (IfW Kiel).
    5. Markus P. A. Schneider, 2018. "Revisiting the thermal and superthermal two-class distribution of incomes: A critical perspective," Papers 1804.06341, arXiv.org.
    6. William T. Dickens & Kevin Lang, 1992. "Labor Market Segmentation Theory: Reconsidering the Evidence," NBER Working Papers 4087, National Bureau of Economic Research, Inc.
    7. Ana Cecilia Pedraza Avella, 2011. "Segmentación laboral en Colombia durante el período 2001-2006," Revista CIFE, Universidad Santo Tomás, June.
    8. Gottfries, Nils & McCormick, Barry, 1995. "Discrimination and open unemployment in a segmented labour market," European Economic Review, Elsevier, vol. 39(1), pages 1-15, January.
    9. Joaquim Ramos Silva & Carla Regina Ferreira Freire Guimarães, 2017. "Wage differentials in Brazil: Tourism vs. other service sectors," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1319606-131, January.
    10. Diego Escobari & Li Gan, 2007. "Price Dispersion under Costly Capacity and Demand Uncertainty," NBER Working Papers 13075, National Bureau of Economic Research, Inc.
    11. Ellingsen, Tore & Rosen, Åsa, 1994. "Skill or Luck? Search Frictions and Wage Differentials," SSE/EFI Working Paper Series in Economics and Finance 1, Stockholm School of Economics.
    12. Ellis Scharfenaker & Markus P. A. Schneider, 2023. "Labor Market Segmentation and the Distribution of Income: New Evidence from Internal Census Bureau Data," Working Papers 23-41, Center for Economic Studies, U.S. Census Bureau.

  55. Martin L. Weitzman, 1988. "Consumer's Surplus as an Exact Approximation When Prices Are Appropriately Deflated," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 103(3), pages 543-553.

    Cited by:

    1. Barnett, William A. & Diewert, W. Erwin & Zellner, Arnold, 2009. "Introduction To Measurement With Theory," Macroeconomic Dynamics, Cambridge University Press, vol. 13(S2), pages 151-168, September.
    2. Pasquale Lucio Scandizzo, 2021. "Impact and cost–benefit analysis: a unifying approach," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 10(1), pages 1-13, December.
    3. Marc Fleurbaey, 2009. "Beyond GDP: The Quest for a Measure of Social Welfare," Journal of Economic Literature, American Economic Association, vol. 47(4), pages 1029-1075, December.
    4. Edward E. Schlee & M. Ali Khan, 2022. "Money Metrics In Applied Welfare Analysis: A Saddlepoint Rehabilitation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(1), pages 189-210, February.
    5. Saphores, Jean-Daniel M. & Boarnet, Marlon G., 2006. "Uncertainty and the timing of an urban congestion relief investment.: The no-land case," Journal of Urban Economics, Elsevier, vol. 59(2), pages 189-208, March.

  56. Martin L. Weitzman, 1988. "Comment on "Can the Share Economy Conquer Stagflation?"," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 103(1), pages 219-223.

    Cited by:

    1. John V. Duca & David D. VanHoose, 1997. "Goods-market competition and profit sharing: a multisector macro approach," Working Papers 9709, Federal Reserve Bank of Dallas.

  57. Freeman, Richard B. & Weitzman, Martin L., 1987. "Bonuses and employment in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 1(2), pages 168-194, June.
    See citations under working paper version above.
  58. Weitzman, Martin L, 1987. "Steady State Unemployment under Profit Sharing," Economic Journal, Royal Economic Society, vol. 97(385), pages 86-105, March.

    Cited by:

    1. Koskela, Erkki & Stenbacka, Rune, 2001. "Equilibrium unemployment with credit and labour market imperfections," Bank of Finland Research Discussion Papers 5/2001, Bank of Finland.
    2. Erkki Koskela & Rune Stenbacka, 2002. "Equilibrium Unemployment and Credit Market Imperfections: The Critical Role of Labour Mobility," CESifo Working Paper Series 654, CESifo.
    3. Jan König & Erkki Koskela, 2013. "The Role of Profit Sharing in Dual Labour Markets with Flexible Outsourcing," LABOUR, CEIS, vol. 27(4), pages 351-370, December.
    4. Erkki Koskela & Rune Stenbacka, 2000. "Compensation and Bargaining with Entrpreneurship as the Outside Option," CESifo Working Paper Series 314, CESifo.
    5. Kenshiro Ninomiya & Hiroyuki Takami, 2018. "Profit sharing, labour share and financial structure," Evolutionary and Institutional Economics Review, Springer, vol. 15(1), pages 89-111, June.
    6. Jaakko Pehkonen & Sampo Pehkonen & Matthias Strifler & Mika Maliranta, 2017. "Profit Sharing and the Firm-Size Wage Premium," LABOUR, CEIS, vol. 31(2), pages 153-173, June.
    7. Lin, Chung-cheng & Chang, Juin-jen & Lai, Ching-chong, 2002. "Profit sharing as a worker discipline device," Economic Modelling, Elsevier, vol. 19(5), pages 815-828, November.
    8. Fehn, Rainer, 2002. "Arbeitsmarktflexibilisierung und Arbeitslosigkeit," Discussion Paper Series 54, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    9. Michaelis, Jochen, 1997. "On the equivalence of profit and revenue sharing," Economics Letters, Elsevier, vol. 57(1), pages 113-118, November.
    10. Balázs Reizer, 2015. "Do Firms Pay Bonuses to Protect Jobs?," CEU Working Papers 2015_6, Department of Economics, Central European University.
    11. H. Molana & T. Moutos, 1992. "Returns to scale, imperfect competition and aggregate demand and trade policy effects in a two-country model," Open Economies Review, Springer, vol. 3(3), pages 271-295, October.
    12. Koskela, Erkki & Stenbacka, Rune, 2003. "Profit Sharing and Unemployment: An Approach with Bargaining and Efficiency Wage Economics," Discussion Papers 863, The Research Institute of the Finnish Economy.
    13. Koskela, Erkki & Stenbacka, Rune, 2012. "The relationship between product market competition and unemployment with profit sharing," Labour Economics, Elsevier, vol. 19(3), pages 291-297.
    14. Koskela, Erkki & Stenbacka, Rune, 2003. "Equilibrium Unemployment Under Negotiated Profit Sharing," IZA Discussion Papers 840, Institute of Labor Economics (IZA).
    15. Juan Carlos Bárcena-Ruiz, 2016. "Employee share ownership in a unionised duopoly," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 15(3), pages 173-195, December.
    16. Koskela, Erkki & König, Jan, 2010. "Does International Outsourcing Really Lower Workers' Income?," IZA Discussion Papers 4942, Institute of Labor Economics (IZA).
    17. Koskela, E. & Stenbacka, R., 2000. "Capital Structure, Wage Bargaining and Employment," University of Helsinki, Department of Economics 475, Department of Economics.
    18. Erkki Koskela & Jan König, 2010. "Profit Sharing, Wage Formation and Flexible Outsourcing under Labor Market Imperfection," CESifo Working Paper Series 2925, CESifo.
    19. Siebert, Horst, 1989. "Kündigungsschutz und Sozialplanpflicht - Optimale Allokation von Risiken oder Ursache der Arbeitslosigkeit?," Open Access Publications from Kiel Institute for the World Economy 693, Kiel Institute for the World Economy (IfW Kiel).
    20. Erkki Koskela & Rune Stenbacka, 2004. "Profit Sharing and Unemployment: An Approach with Bargaining and Efficiency-Wage Effects," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 160(3), pages 477-497, September.
    21. Pierre Cahuc, 1990. "La théorie des négociations salariales : une revue de la littérature," Économie et Prévision, Programme National Persée, vol. 92(1), pages 21-30.
    22. Sandeep Bhargava & Tim Jenkinson, 1996. "Partage explicite ou implicite du profit dans la détermination des salaires," Économie et Prévision, Programme National Persée, vol. 126(5), pages 19-29.
    23. Emmanuel Petrakis & Panagiotis Skartados, 2018. "Strategic Profit–Sharing in a Unionized Differentiated Goods Duopoly," Working Papers 1801, University of Crete, Department of Economics.
    24. Brahim Saber, 2004. "Employment Effects of Productivity Improvement and Migration of Skilled Workers," Working Papers 0412, Economic Research Forum, revised Jun 2004.
    25. Sasaki, Hiroaki, 2013. "Profit Sharing and its Effect on Income Distribution and Output: A Kaleckian Approach," CCES Discussion Paper Series 50, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University.
    26. Altenburg, Lutz & Straub, Martin, 2001. "Taxes on labour and unemployment in a shirking model with union bargaining," Labour Economics, Elsevier, vol. 8(6), pages 721-744, December.
    27. Balazs Reizer, 2016. "Do Firms Pay Bonuses to Protect Jobs?," CERS-IE WORKING PAPERS 1612, Institute of Economics, Centre for Economic and Regional Studies.
    28. Emmanuel Petrakis & Panagiotis Skartados, 2021. "Strategic profit‐sharing in a unionized differentiated goods oligopoly," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 54(2), pages 582-622, May.
    29. Harbaugh, Rick, 2005. "The effect of employee stock ownership on wage and employment bargaining," Journal of Comparative Economics, Elsevier, vol. 33(3), pages 565-583, September.
    30. Gaetano Cuomo, 2015. "Imprese cooperative e democrazia economica," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2015(116), pages 5-38.
    31. Jellal, Mohamed, 2012. "Dualisme Migration et Chômage au Maroc [Morocco dualism migration and unemployment policies]," MPRA Paper 38365, University Library of Munich, Germany.
    32. Bernard Bensaïd & Serge Federbusch & Robert Gary-Bobo, 1990. "Sur quelques propriétés stratégiques de l'intéressement des salariés dans l'industrie," Revue Économique, Programme National Persée, vol. 41(4), pages 621-650.

  59. Weitzman, Martin L., 1986. "The share economy symposium: A reply," Journal of Comparative Economics, Elsevier, vol. 10(4), pages 469-473, December.

    Cited by:

    1. Mehmann, Jens & Frehe, Volker & Teuteberg, Frank, 2015. "Crowd Logistics − A Literature Review and Maturity Model," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Innovations and Strategies for Logistics and Supply Chains: Technologies, Business Models and Risk Management. Proceedings of the Hamburg Internationa, volume 20, pages 117-145, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.

  60. Weitzman, Martin L, 1985. "The Simple Macroeconomics of Profit Sharing," American Economic Review, American Economic Association, vol. 75(5), pages 937-953, December.
    See citations under working paper version above.
  61. Weitzman, Martin L, 1985. "Profit Sharing as Macroeconomic Policy," American Economic Review, American Economic Association, vol. 75(2), pages 41-45, May.

    Cited by:

    1. Mortenson, Kristian G. & Pitre, Terence J., 2018. "Who benefits from share contracts?," Advances in accounting, Elsevier, vol. 42(C), pages 125-135.
    2. Hein, Eckhard, 1996. "Die Aufgaben der Einkommenspolitik im Rahmen einer keynesianischen Beschäftigungspolitik: Eine Skizze [The tasks of incomes policy in Keynesian employment policy: a draft]," MPRA Paper 19324, University Library of Munich, Germany.
    3. Noélie Delahaie & Richard Duhautois, 2013. "L'impact des dispositifs collectifs de partage des bénéfices sur les rémunérations en France. Une analyse empirique sur la période 1999-2007," Working Papers halshs-00967479, HAL.
    4. Peter Sinclair & Guy Spier & Tom Skinner, 2008. "Bonuses, Credit Rating Agencies and the Credit Crunch," CDMA Conference Paper Series 0805, Centre for Dynamic Macroeconomic Analysis.
    5. Pablo González, 2002. "Profit Sharing Reconsidered: Efficiency Wages and Renegotiation Costs," Documentos de Trabajo 151, Centro de Economía Aplicada, Universidad de Chile.
    6. Nabi, Mahmoud Sami, 2012. "Profit Sharing, Income Inequality and Capital Accumulation," MPRA Paper 49830, University Library of Munich, Germany.
    7. William Bentley MacLeod & Daniel Parent, 1998. "Job Characteristics, Wages and the Employment Contract," CIRANO Working Papers 98s-37, CIRANO.
    8. Yao, Shujie, 1997. "Profit Sharing, Bonus Payment, and Productivity: A Case Study of Chinese State-Owned Enterprises," Journal of Comparative Economics, Elsevier, vol. 24(3), pages 281-296, June.
    9. Nordhaus, William & John, Andrew, 1986. "The share economy: A symposium," Journal of Comparative Economics, Elsevier, vol. 10(4), pages 414-415, December.
    10. Gaetano Cuomo, 2015. "Imprese cooperative e democrazia economica," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2015(116), pages 5-38.
    11. Gary W. Florkowski, 1994. "Employment Growth and Stability under Profit-Sharing: A Longitudinal Study," British Journal of Industrial Relations, London School of Economics, vol. 32(3), pages 303-318, September.

  62. Martin L. Weitzman, 1985. "Increasing Returns and The Foundations of Unemployment Theory: An Explanation," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 7(3), pages 403-409, March.

    Cited by:

    1. Nordhaus, William & John, Andrew, 1986. "The share economy: A symposium," Journal of Comparative Economics, Elsevier, vol. 10(4), pages 414-415, December.

  63. Martin L. Weitzman, 1984. "The Case for a Share Economy," Challenge, Taylor & Francis Journals, vol. 27(5), pages 34-40, November.

    Cited by:

    1. Jaakko Pehkonen & Sampo Pehkonen & Matthias Strifler & Mika Maliranta, 2017. "Profit Sharing and the Firm-Size Wage Premium," LABOUR, CEIS, vol. 31(2), pages 153-173, June.
    2. Peter Hans Matthews, 2004. "Who is Post-Walrasian Man?," Middlebury College Working Paper Series 0412, Middlebury College, Department of Economics.
    3. Fidan Ana Kurtulus & Douglas Kruse, 2018. "An Empirical Analysis of the Relationship between Employee Ownership and Employment Stability in the US: 1999–2011," British Journal of Industrial Relations, London School of Economics, vol. 56(2), pages 245-291, June.
    4. Colin Green & John S. Heywood, 2008. "Does Performance Pay Increase Job Satisfaction?," Economica, London School of Economics and Political Science, vol. 75(300), pages 710-728, November.
    5. Vodopivec, Milan & Vroman, Wayne, 1993. "The Armenian labor market in transition : issues and options," Policy Research Working Paper Series 1193, The World Bank.

  64. Weitzman, Martin L, 1983. "Contestable Markets: An Uprising in the Theory of Industry Structure: Comment," American Economic Review, American Economic Association, vol. 73(3), pages 486-487, June.

    Cited by:

    1. Jean-Marc Siroën, 1993. "Marchés contestables, différenciation des produits et discrimination des prix," Post-Print hal-01393913, HAL.
    2. Jochen Diekmann & Hans-Joachim Ziesing & Uwe Leprich, 2006. "Anreizregulierung für Beschäftigung und Netzinvestitionen: Endbericht ; Forschungsvorhaben gefördert durch die Hans-Böckler-Stiftung," DIW Berlin: Politikberatung kompakt, DIW Berlin, German Institute for Economic Research, volume 23, number pbk23, Enero-Abr.
    3. Dasgupta, Utteeyo, 2009. "Potential Competition in the Presence of Sunk Entry Costs: An Experiment," MPRA Paper 21945, University Library of Munich, Germany.
    4. Dasgupta Utteeyo, 2011. "Are Entry Threats Always Credible?," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-41, December.
    5. Cheung, Cherry & Coucke, Kristien & Neicu, Daniel, 2011. "A Decision Tree as a Quick Scan for Effective Market Functioning," Working Papers 2011/06, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
    6. Brennan, Timothy, 2000. "The Economics of Competition Policy: Recent Developments and Cautionary Notes in Antitrust and Regulation," RFF Working Paper Series dp-00-07, Resources for the Future.
    7. Gunnar Eliasson & Magnus Henrekson, 2004. "William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship," Small Business Economics, Springer, vol. 23(1), pages 1-7, August.
    8. Stephen Martin, 2002. "Sunk Cost and Entry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 20(4), pages 291-304, June.
    9. Chris Stefanadis, 1999. "Sunk costs, contestability, and the latent contract market," Staff Reports 75, Federal Reserve Bank of New York.
    10. Dennis W. Carlton, 2005. "Barriers To Entry," NBER Working Papers 11645, National Bureau of Economic Research, Inc.
    11. Scharf, Kimberley, 2010. "Entry and fixed costs in charitable sectors," CEPR Discussion Papers 7978, C.E.P.R. Discussion Papers.
    12. Dominique Finon & Catherine Locatelli, 2006. "L'interdépendance gazière de la Russie et de l'Union européenne : quel équilibre entre le marché et la géopolitique ?," Post-Print halshs-00119602, HAL.
    13. Amavilah, Voxi Heinrich, 2012. "Baumol, Panzar, and Willig’s Theory of Contestable Markets and Industry Structure: A Summary of Reactions," MPRA Paper 41974, University Library of Munich, Germany.

  65. Weitzman, Martin L, 1983. "Some Macroeconomic Implications of Alternative Compensation Systems," Economic Journal, Royal Economic Society, vol. 93(372), pages 763-783, December.

    Cited by:

    1. Nicholas Wilson & John R. Cable & Michael J. Peel, 1990. "Quit Rates and the Impact of Participation, Profit-Sharing and Unionization: Empirical Evidence from UK Engineering Firms," British Journal of Industrial Relations, London School of Economics, vol. 28(2), pages 197-213, July.
    2. Donald A.R. George, 2007. "Workers' Savings And The Right To Manage," Journal of Economic Surveys, Wiley Blackwell, vol. 21(3), pages 534-552, July.
    3. Vikram Kumar, 2019. "Profit Shares as Virtual Equity: Short-Run Isomorphism of Share & Wage Systems," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 11(7), pages 1-45, July.
    4. Shujie Yao, 1995. "Does profit-sharing work in a centrally-planned economy? Evidence from the Chinese state industries," Applied Economics Letters, Taylor & Francis Journals, vol. 2(4), pages 126-129.
    5. Reizer, Balázs, 2022. "Employment and Wage Consequences of Flexible Wage Components," Labour Economics, Elsevier, vol. 78(C).
    6. Lin, Chung-cheng & Chang, Juin-jen & Lai, Ching-chong, 2002. "Profit sharing as a worker discipline device," Economic Modelling, Elsevier, vol. 19(5), pages 815-828, November.
    7. Jyh‐Bang Jou & Tan (Charlene) Lee, 2021. "Uncertainty, hiring and firing costs, and the determinants of profit‐sharing rules," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(1), pages 185-197, January.
    8. Mirella Damiani & Fabrizio Pompei & Andrea Ricci, 2023. "Tax breaks for incentive pay, productivity and wages: Evidence from a reform in Italy," British Journal of Industrial Relations, London School of Economics, vol. 61(1), pages 188-213, March.
    9. Falk, Armin & Huffman, David & Macleod, W. Bentley, 2011. "Institutions and Contract Enforcement," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 361, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    10. Noélie Delahaie & Richard Duhautois, 2013. "L'impact des dispositifs collectifs de partage des bénéfices sur les rémunérations en France. Une analyse empirique sur la période 1999-2007," Working Papers halshs-00967479, HAL.
    11. Noélie Delahaie & Richard Duhautois, 2019. "Profit-Sharing and Wages: An Empirical Analysis Using French Data between 2000 and 2007," Post-Print hal-02932147, HAL.
    12. John V. Duca & David D. VanHoose, 1997. "Goods-market competition and profit sharing: a multisector macro approach," Working Papers 9709, Federal Reserve Bank of Dallas.
    13. Balázs Reizer, 2015. "Do Firms Pay Bonuses to Protect Jobs?," CEU Working Papers 2015_6, Department of Economics, Central European University.
    14. Arun K. Mukhopadhyay & John Chamard, 1987. "Government Incentives for a Profit Sharing System: A Case for Subsidy through Pay Insurance," Canadian Public Policy, University of Toronto Press, vol. 13(4), pages 529-533, December.
    15. Dhillon, Amrita & Petrakis, Emmanuel, 2001. "Prot-Sharing, Bertrand Competition and Monopoly Unions: A Note," Economic Research Papers 269382, University of Warwick - Department of Economics.
    16. Cardoso, Renato Fragelli, 1995. "Profit sharing with heterogeneous entrepreneurial prowess," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 265, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    17. Juin-jen Chang & Chia-ying Liu & Hsiao-wen Hung, 2013. "Does Performance-Based Compensation Boost Economic Growth or Lead to More Income Inequality?," The Economic Record, The Economic Society of Australia, vol. 89(284), pages 72-82, March.
    18. Jääskelä, Jarkko, 1997. "Incomplete insurance market and its policy implication within European Monetary Union," Bank of Finland Research Discussion Papers 8/1997, Bank of Finland.
    19. Pablo González, 2002. "Profit Sharing Reconsidered: Efficiency Wages and Renegotiation Costs," Documentos de Trabajo 151, Centro de Economía Aplicada, Universidad de Chile.
    20. Chang, Juin-jen & Lai, Ching-chong & Lin, Chung-cheng, 2003. "Profit sharing, worker effort, and double-sided moral hazard in an efficiency wage model," Journal of Comparative Economics, Elsevier, vol. 31(1), pages 75-93, March.
    21. Juan Carlos Bárcena-Ruiz, 2016. "Employee share ownership in a unionised duopoly," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 15(3), pages 173-195, December.
    22. Kenneth Koford, 1991. "Why the Ex-Communist Countries Should Take the 'Middle Way' to the Market," Economics Working Paper Archive wp_54, Levy Economics Institute.
    23. Ronnie Schöb, 2001. "Public Profit Sharing," University of Western Ontario, Departmental Research Report Series 20012, University of Western Ontario, Department of Economics.
    24. Yao, Shujie, 1997. "Profit Sharing, Bonus Payment, and Productivity: A Case Study of Chinese State-Owned Enterprises," Journal of Comparative Economics, Elsevier, vol. 24(3), pages 281-296, June.
    25. Emmanuel Petrakis & Panagiotis Skartados, 2018. "Strategic Profit–Sharing in a Unionized Differentiated Goods Duopoly," Working Papers 1801, University of Crete, Department of Economics.
    26. Ellis, Christopher J., 2001. "Common Pool Equities: An Arbitrage Based Non-cooperative Solution to the Common Pool Resource Problem," Journal of Environmental Economics and Management, Elsevier, vol. 42(2), pages 140-155, September.
    27. Cable, J.R. & Wilson, N., 1988. "Profit-Sharing And Productivity: An Analysis Of Uk Engineering Firms," The Warwick Economics Research Paper Series (TWERPS) 300, University of Warwick, Department of Economics.
    28. Clas Eriksson, 1993. "Mitigating the trade-off between equality and dynamic efficiency," Finnish Economic Papers, Finnish Economic Association, vol. 6(2), pages 89-95, Autumn.
    29. Balazs Reizer, 2016. "Do Firms Pay Bonuses to Protect Jobs?," CERS-IE WORKING PAPERS 1612, Institute of Economics, Centre for Economic and Regional Studies.
    30. Emmanuel Petrakis & Panagiotis Skartados, 2021. "Strategic profit‐sharing in a unionized differentiated goods oligopoly," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 54(2), pages 582-622, May.
    31. Cardoso, Renato Fragelli, 1997. "Mandatory profit sharing, entrepreneurial incentives and capital accumulation," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 318, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
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    44. Rahman, Mohammad Chhiddikur, 2020. "Welfare Impact of Asymmetric Price Transmission on Bangladesh Rice Consumers," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 242248, July.
    45. Bulutay, Muhammed & Hales, David & Julius, Patrick & Tasch, Weiwei, 2021. "Imperfect tacit collusion and asymmetric price transmission," Journal of Economic Behavior & Organization, Elsevier, vol. 192(C), pages 584-599.
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    49. Dariusz Kusz & Bożena Kusz & Paweł Hydzik, 2022. "Changes in the Price of Food and Agricultural Raw Materials in Poland in the Context of the European Union Accession," Sustainability, MDPI, vol. 14(8), pages 1-21, April.
    50. Hélyette Geman & Vu-Nhat Nguyen, 2005. "Soybean Inventory and Forward Curve Dynamics," Management Science, INFORMS, vol. 51(7), pages 1076-1091, July.

  68. Roberts, Kevin & Weitzman, Martin L, 1981. "Funding Criteria for Research, Development, and Exploration Projects," Econometrica, Econometric Society, vol. 49(5), pages 1261-1288, September.
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    1. Sumitro Banerjee & David A. Soberman, 2013. "Product development capability and marketing strategy for new durable products," ESMT Research Working Papers ESMT-13-01, ESMT European School of Management and Technology.
    2. Jonathan B. Berk Richard C. Green and Vasant Naik., 1998. "Valuation and Return Dynamics of New Ventures," Research Program in Finance Working Papers RPF-284, University of California at Berkeley.
    3. Pindyck, Robert S, 1991. "Irreversibility, Uncertainty, and Investment," Journal of Economic Literature, American Economic Association, vol. 29(3), pages 1110-1148, September.
    4. Garner, Jacqueline L. & Nam, Jouahn & Ottoo, Richard E., 2002. "Determinants of corporate growth opportunities of emerging firms," Journal of Economics and Business, Elsevier, vol. 54(1), pages 73-93.
    5. Kort, Peter M. & Murto, Pauli & Pawlina, Grzegorz, 2010. "Uncertainty and stepwise investment," European Journal of Operational Research, Elsevier, vol. 202(1), pages 196-203, April.
    6. Melstrom, Richard T. & Salau, Kehinde Rilwan & Shanafelt, David W., 2019. "The Optimal Timing of Reintroducing Captive Populations Into the Wild," Ecological Economics, Elsevier, vol. 156(C), pages 174-184.
    7. Lind, Robert C, 1995. "Intergenerational equity, discounting, and the role of cost-benefit analysis in evaluating global climate policy," Energy Policy, Elsevier, vol. 23(4-5), pages 379-389.
    8. Saman Majd & Robert S. Pindyck, 1985. "Time to Build, Option Value, and Investment Decisions," NBER Working Papers 1654, National Bureau of Economic Research, Inc.
    9. Pindyck, Robert S., 1993. "Investments of uncertain cost," Journal of Financial Economics, Elsevier, vol. 34(1), pages 53-76, August.
    10. Viju, Crina & Kerr, William A. & Nolan, James F., 2006. "Subsidization of the Biofuel Industry: Security vs. Clean Air?," 2006 Annual meeting, July 23-26, Long Beach, CA 21321, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Li, Yong & James, Barclay & Madhavan, Ravi & Mahoney, Joseph T., 2006. "Real Options: Taking Stock and Looking Ahead," Working Papers 06-0114, University of Illinois at Urbana-Champaign, College of Business.
    12. Deeney, Peter & Cummins, Mark & Heintz, Katharina & Pryce, Mary T., 2021. "A real options based decision support tool for R&D investment: Application to CO2 recycling technology," European Journal of Operational Research, Elsevier, vol. 289(2), pages 696-711.
    13. Viju, Crina & Kerr, William A., 2010. "Is The Subsidy For Biofuels The Way To Go?," 14th ICABR Conference, June 16-18, 2010, Ravello, Italy 188117, International Consortium on Applied Bioeconomy Research (ICABR).
    14. Céline Bérard & Marie Perez, 2014. "Alliance Dynamics through Real Options: The Case of an Alliance between Competing Pharmaceutical Companies," Post-Print hal-04010373, HAL.
    15. Kolstad, Charles D., 2000. "Energy and Depletable Resources: Economics and Policy, 1973-1998," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 282-305, May.
    16. Bérard, Céline & Perez, Marie, 2014. "Alliance dynamics through real options: The case of an alliance between competing pharmaceutical companies," European Management Journal, Elsevier, vol. 32(2), pages 337-349.
    17. Viju, Crina & Kerr, William A., 2013. "Taking an option on the future: Subsidizing biofuels for energy security or reducing global warming," Energy Policy, Elsevier, vol. 56(C), pages 543-548.
    18. Schimmelpfennig, David, 1995. "The option value of renewable energy: The case of climate change," Energy Economics, Elsevier, vol. 17(4), pages 311-317, October.
    19. Lin, Yuanfang & Pazgal, Amit & Soberman, David A., 2021. "Who is the winner in an industry of innovation?," International Journal of Research in Marketing, Elsevier, vol. 38(1), pages 50-69.
    20. Banerjee, Sumitro & Soberman, David A., 2013. "Product development capability and marketing strategy for new durable products," International Journal of Research in Marketing, Elsevier, vol. 30(3), pages 276-291.
    21. Ottoo, Richard E., 1998. "Valuation of Internal Growth Opportunities: The Case of a Biotechnology Company," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(3, Part 2), pages 615-633.

  70. Martin L. Weitzman, 1980. "Efficient Incentive Contracts," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 94(4), pages 719-730.

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    1. Rahma Daly & Marc-Arthur Diaye & Jean-Max Koskievic, 2014. "Workers’ Risk Attitude and Financial Participation," Documents de recherche 14-03, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    2. Fölster, Stefan, 1987. "How Effective are Government R&D Subsidies: The Empirical Evidence," Working Paper Series 187, Research Institute of Industrial Economics.
    3. Virgile Chassagnon & Bernard Baudry, 2016. "American versus French labor and employment law : a critical review of the analysis of employment relationship in contract economic theories," Working Papers halshs-01371014, HAL.
    4. Reynaud Benedicte, 1987. "Règles et l'incomplétude du contrat de travail dans le paradigme standard (les)," CEPREMAP Working Papers (Couverture Orange) 8742, CEPREMAP.
    5. Ilya Prakhov & Victor Rudakov, 2018. "The Determinants of Faculty Pay in Russian Universities: Incentive Contracts," HSE Working papers WP BRP 47/EDU/2018, National Research University Higher School of Economics.
    6. Winston Harrington & Richard D. Morgenstern & Peter Nelson, 2000. "On the accuracy of regulatory cost estimates," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 19(2), pages 297-322.
    7. Committee, Nobel Prize, 2016. "Oliver Hart and Bengt Holmström: Contract Theory," Nobel Prize in Economics documents 2016-1, Nobel Prize Committee.
    8. Peter Wright & Mark Kroll & Ananda Mukherji & Michael Pettus, 2009. "Do the contingencies of external monitoring, ownership incentives, or free cash flow explain opposing firm performance expectations?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 13(3), pages 215-243, August.
    9. Eduard Marinov, 2016. "The 2016 Nobel Prize in Economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 97-149.
    10. Shi Chen & Ted Klastorin & Michael R. Wagner, 2021. "Designing practical coordinating contracts in decentralized projects," Naval Research Logistics (NRL), John Wiley & Sons, vol. 68(2), pages 183-198, March.
    11. Qidan Hu & Ying Peng & Chunxiang Guo & Dong Cai & Peiyang Su, 2019. "Dynamic Incentive Mechanism Design for Recycling Construction and Demolition Waste under Dual Information Asymmetry," Sustainability, MDPI, vol. 11(10), pages 1-24, May.
    12. Rajeev K. Goel, 1995. "Choosing the Sharing Rate for Incentive Contracts," The American Economist, Sage Publications, vol. 39(2), pages 68-72, October.
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    15. Ozdenoren, Emre & Rubanov, Oleg, 2017. "Profit Sharing and Incentives," CEPR Discussion Papers 12355, C.E.P.R. Discussion Papers.
    16. João M. Pinto & Mário Coutinho dos Santos & Pedro Verga Matos, 2021. "Contracting Out Public Transit Services: An Incentive Performance-Based Approach," Working Papers de Economia (Economics Working Papers) 02, Católica Porto Business School, Universidade Católica Portuguesa.
    17. Haikun Han & Juqin Shen & Bo Liu & Han Han, 2022. "Dynamic Incentive Mechanism for Large-scale Projects Based on the Reputation Effects," SAGE Open, , vol. 12(4), pages 21582440221, October.
    18. Sakuma, Akimitsu, 1982. "Imperfect Information and Contracts Between Two Firms," Hitotsubashi Journal of commerce and management, Hitotsubashi University, vol. 17(1), pages 25-41, October.
    19. Leif Sörensen & Jan Schlüter, 2021. "How do contract types and incentives influence driver behavior?−An analysis of the Kigali bus network," Palgrave Communications, Palgrave Macmillan, vol. 8(1), pages 1-11, December.
    20. Kerkhove, L.P. & Vanhoucke, M., 2016. "Incentive contract design for projects: The owner׳s perspective," Omega, Elsevier, vol. 62(C), pages 93-114.

  71. Martin L. Weitzman, 1980. "The "Ratchet Principle" and Performance Incentives," Bell Journal of Economics, The RAND Corporation, vol. 11(1), pages 302-308, Spring.
    See citations under working paper version above.
  72. Weitzman, Martin L, 1979. "Optimal Search for the Best Alternative," Econometrica, Econometric Society, vol. 47(3), pages 641-654, May.
    See citations under working paper version above.
  73. Weitzman, Martin L., 1979. "Technology transfer to the USSR: An econometric analysis," Journal of Comparative Economics, Elsevier, vol. 3(2), pages 167-177, June.

    Cited by:

    1. Lubomír Lízal & Jan Svejnar, 2002. "Investment, Credit Rationing, And The Soft Budget Constraint: Evidence From Czech Panel Data," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 353-370, May.
    2. Goss, Ernie & Wingender Jr., John R. & Torau, Megan, 2007. "The contribution of foreign capital to U.S. productivity growth," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(3), pages 383-396, July.
    3. Rubiana Chamarbagwala & Sunder Ramaswamy & Phanindra Wunnava, 2000. "The role of foreign capital in domestic manufacturing productivity: empirical evidence from Asian economies," Applied Economics, Taylor & Francis Journals, vol. 32(4), pages 393-398.
    4. Marian Rizov, 2004. "Firm investment in transition," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 12(4), pages 721-746, December.
    5. Megan A. Torau & Ernest Goss, 2004. "The Effects of Foreign Capital on State Economic Growth," Economic Development Quarterly, , vol. 18(3), pages 255-268, August.
    6. Lubomir Lizal & Jan Svejnar, 2000. "Financial Conditions and Investment during the Transition: Evidence from Czech Firms," CERGE-EI Working Papers wp153, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    7. William Liefert, 1990. "The soviet gain from trade with the west in fuel, grain, and machinery," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 126(1), pages 78-96, March.

  74. Manove, Michael & Weitzman, Martin L., 1978. "Aggregation for material balances," Journal of Comparative Economics, Elsevier, vol. 2(1), pages 1-11, March.

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    1. Seneta, E., 1984. "Iterative aggregation : Convergence rate," Economics Letters, Elsevier, vol. 14(4), pages 357-361.
    2. Richard E. Ericson, 2019. "Martin L. Weitzman," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 61(4), pages 639-641, December.

  75. Weitzman, Martin L, 1978. "Optimal Rewards for Economic Regulation," American Economic Review, American Economic Association, vol. 68(4), pages 683-691, September.

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    1. Evan F. Koenig, 1985. "Indirect Methods for Regulating Externalities Under Uncertainty," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(2), pages 479-493.
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    3. Reinhard Madlener & Weiyu Gao & Ilja Neustadt & Peter Zweifel, 2008. "Promoting renewable electricity generation in imperfect markets: price vs. quantity policies," SOI - Working Papers 0809, Socioeconomic Institute - University of Zurich.
    4. Shrestha, Ratna K., 2017. "Menus of price-quantity contracts for inducing the truth in environmental regulation," Journal of Environmental Economics and Management, Elsevier, vol. 83(C), pages 1-7.
    5. Doda, Baran & Quemin, Simon & Taschini, Luca, 2019. "Linking permit markets multilaterally," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    6. Pizer, William A., 2002. "Combining price and quantity controls to mitigate global climate change," Journal of Public Economics, Elsevier, vol. 85(3), pages 409-434, September.
    7. Bing Zhang & Yongliang Zhang, 2016. "Policy Conflicts and the Performance of Emissions Trading Markets: An Adaptive Agent-based Analysis," EEPSEA Research Report rr20160339, Economy and Environment Program for Southeast Asia (EEPSEA), revised Mar 2016.
    8. Xiang-Yu Wang & Bao-Jun Tang, 2018. "Review of comparative studies on market mechanisms for carbon emission reduction: a bibliometric analysis," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 94(3), pages 1141-1162, December.
    9. Joseph E. Aldy & William A. Pizer, 2009. "Issues in Designing U.S. Climate Change Policy," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 179-210.
    10. Kelly, David L., 2005. "Price and quantity regulation in general equilibrium," Journal of Economic Theory, Elsevier, vol. 125(1), pages 36-60, November.
    11. Andrew Yates, 2012. "On a Fundamental Advantage of Permits Over Taxes for the Control of Pollution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(4), pages 583-598, April.
    12. Weber, T.A. & Neuhoff, K., 2009. "Carbon Markets and Technological Innovation," Cambridge Working Papers in Economics 0932, Faculty of Economics, University of Cambridge.
    13. Wu, JunJie & Zilberman, David & Babcock, Bruce A., 2001. "Environmental and Distributional Impacts of Conservation Targeting Strategies," Staff General Research Papers Archive 1931, Iowa State University, Department of Economics.
    14. MOROTOMI Toru, 2004. "Climate Change Policy and Combination of Multiple Policy Instruments (in Japanese)," ESRI Discussion paper series 111, Economic and Social Research Institute (ESRI).
    15. Newell, Richard G. & Pizer, William A. & Zhang, Jiangfeng, 2003. "Managing Permit Markets to Stabilize Prices," Discussion Papers 10524, Resources for the Future.
    16. Spaeter, Sandrine & Verchère, Alban, 2004. "Aléa moral et politiques d’audit optimales dans le cadre de la pollution d’origine agricole de l’eau," Cahiers d'Economie et de Sociologie Rurales (CESR), Institut National de la Recherche Agronomique (INRA), vol. 71.
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    24. Lehmann, Paul, 2008. "Using a policy mix for pollution control: A review of economic literature," UFZ Discussion Papers 4/2008, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
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    26. Friesen, Lana & Gangadharan, Lata & Khezr, Peyman & MacKenzie, Ian A., 2022. "Mind your Ps and Qs! Variable allowance supply in the US Regional Greenhouse Gas Initiative," Journal of Environmental Economics and Management, Elsevier, vol. 112(C).
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    29. Madlener, Reinhard & Neustadt, Ilja, 2018. "Renewable energy price-control policy in the presence of innovation: is government pre-commitment preferable?," MPRA Paper 91546, University Library of Munich, Germany, revised 19 Jan 2019.
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    49. Ambec, Stefan & Coria, Jessica, 2011. "Prices vs Quantities with Multiple Pollutants," Working Papers in Economics 517, University of Gothenburg, Department of Economics.
    50. Ming-Feng Hung & Bin-Tzong Chie, 2013. "Residential Water Use: Efficiency, Affordability, and Price Elasticity," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 27(1), pages 275-291, January.
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    1. Kelly, David L., 2005. "Price and quantity regulation in general equilibrium," Journal of Economic Theory, Elsevier, vol. 125(1), pages 36-60, November.
    2. Karp, Larry, 2004. "Dynamic Taxes and Quotas with Learning," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt8pg8s922, Department of Agricultural & Resource Economics, UC Berkeley.
    3. Hoel, Michael & Karp, Larry, 2001. "Taxes and quotas for a stock pollutant with multiplicative uncertainty," Journal of Public Economics, Elsevier, vol. 82(1), pages 91-114, October.
    4. John K. Stranlund & Yakov Ben-Haim, 2006. "Price-Based vs. Quantity-Based Environmental Regulation under Knightian Uncertainty: An Info-Gap Robust Satisficing Perspective," Working Papers 2006-1, University of Massachusetts Amherst, Department of Resource Economics.
    5. Clemens Heuson, 2008. "Emission standards vs. taxes: The case of asymmetric Cournot duopoly and uncertain control costs," Discussion Paper Series 300, Universitaet Augsburg, Institute for Economics.
    6. Diaw, K., 2003. "Cost Allocation as a Coordination Mechanism," Other publications TiSEM 863ac46d-34c8-442d-8d82-6, Tilburg University, School of Economics and Management.
    7. Diaw, K., 2003. "Cost Allocation as a Coordination Mechanism," Discussion Paper 2003-128, Tilburg University, Center for Economic Research.
    8. John Bennett, 2022. "Rationed price controls and “prices versus quantities”," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(6), pages 1364-1385, December.
    9. Alessio D’Amato & Bouwe R. Dijkstra, 2018. "Adoption incentives and environmental policy timing under asymmetric information and strategic firm behaviour," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(1), pages 125-155, January.
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    11. Xavier Freixas, 1981. "Une analyse coût-avantage des mécanismes d'allocation : l'approche prix-quantités," Revue Économique, Programme National Persée, vol. 32(6), pages 1074-1086.

  77. Martin L. Weitzman, 1977. "Is the Price System or Rationing More Effective in Getting a Commodity to Those Who Need It Most?," Bell Journal of Economics, The RAND Corporation, vol. 8(2), pages 517-524, Autumn.
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    1. Ramcharran, Harri, 2001. "OPEC's production under fluctuating oil prices: further test of the target revenue theory," Energy Economics, Elsevier, vol. 23(6), pages 667-681, November.
    2. Franz Wirl, 1991. "(Monopolistic) resource extraction and limit pricing: The market penetration of competitively produced synfuels," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 1(2), pages 157-178, June.
    3. Devarajan, Shantayanan & Fisher, Anthony C, 1981. "Hotelling's "Economics of Exhaustible Resources": Fifty Years Later," Journal of Economic Literature, American Economic Association, vol. 19(1), pages 65-73, March.
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    7. Levin, Mark (Левин, Марк) & Matrosova, Kseniya (Матросова, Ксения), 2017. "Development and Analysis of Economic Models of Innovation Incentives [Разработка И Исследование Экономических Моделей Стимулирования Инновационных Процессов]," Working Papers 061713, Russian Presidential Academy of National Economy and Public Administration.
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    23. Kheiravar, Khaled H, 2019. "Economic and Econometric Analyses of the World Petroleum Industry, Energy Subsidies, and Air Pollution," Institute of Transportation Studies, Working Paper Series qt3gj151w9, Institute of Transportation Studies, UC Davis.
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  79. Martin L. Weitzman, 1976. "The New Soviet Incentive Model," Bell Journal of Economics, The RAND Corporation, vol. 7(1), pages 251-257, Spring.
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  80. Martin L. Weitzman, 1976. "On the Welfare Significance of National Product in a Dynamic Economy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(1), pages 156-162.
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  81. Weitzman, Martin L., 1976. "The optimal development of resource pools," Journal of Economic Theory, Elsevier, vol. 12(3), pages 351-364, June.
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  82. Cohen, Jon S. & Weitzman, Martin L., 1975. "A Marxian model of enclosures," Journal of Development Economics, Elsevier, vol. 1(4), pages 287-336, November.

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    1. HOTTE, Louis, 1997. "Natural-Resource Exploitation with Costly Enforcement of Property Rights," Cahiers de recherche 9720, Universite de Montreal, Departement de sciences economiques.
    2. Margolis, Michael & Shogren, Jason F., 2002. "Unprotected Resources and Voracious World Markets," Discussion Papers 10635, Resources for the Future.
    3. Thomas Vendryes, 2014. "Peasants against private property rights: a review of the literature," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00783786, HAL.
    4. Guirkinger, Catherine & Platteau, Jean-Philippe, 2015. "Transformation of the family farm under rising land pressure: A theoretical essay," Journal of Comparative Economics, Elsevier, vol. 43(1), pages 112-137.
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    13. Baker, Matthew J. & Conning, Jonathan, 2021. "The Transformations of Customary Property Regimes in Africa: An Analytical Framing," 2021 Conference, August 17-31, 2021, Virtual 315325, International Association of Agricultural Economists.
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    19. Ronan Congar & Louis Hotte, 2021. "Open Access Versus Restricted Access in a General Equilibrium with Mobile Capital," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 78(3), pages 521-544, March.

  83. Weitzman, Martin L., 1974. "Free access vs private ownership as alternative systems for managing common property," Journal of Economic Theory, Elsevier, vol. 8(2), pages 225-234, June.

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    6. Koundouri, Phoebe, 2000. "Three approaches to measuring natural resource scarcity: theory and application to groundwater," MPRA Paper 38265, University Library of Munich, Germany.
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    9. Anderson, Simon P. & de Palma, Andre, 2004. "The economics of pricing parking," Journal of Urban Economics, Elsevier, vol. 55(1), pages 1-20, January.
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    16. Leroux, Justin, 2004. "Pooling Private Technologies: Improving upon Autarky," Working Papers 2004-08, Rice University, Department of Economics.
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    20. Knapp, Keith C. & Baerenklau, Kenneth A., 2006. "Ground Water Quantity and Quality Management: Agricultural Production and Aquifer Salinization over Long Time Scales," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(3), pages 1-26, December.
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    66. John, A. & Pecchenino, R. & Schimmelpfennig, D. & Schreft, S., 1995. "Short-lived agents and the long-lived environment," Journal of Public Economics, Elsevier, vol. 58(1), pages 127-141, September.
    67. Robert P. Inman, 1993. "Presidential Leadership and the Reform of Fiscal Policy: Learning from Reagan's Role in TRA 86," NBER Working Papers 4395, National Bureau of Economic Research, Inc.
    68. Dale T. Manning & J. Edward Taylor & James E. Wilen, 2018. "General Equilibrium Tragedy of the Commons," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 69(1), pages 75-101, January.
    69. Brito, Dagobert L. & Intriligator, Michael D. & Sheshinski, Eytan, 1997. "Privatization and the distribution of income in the commons," Journal of Public Economics, Elsevier, vol. 64(2), pages 181-205, May.

  84. Martin L. Weitzman, 1974. "Prices vs. Quantities," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(4), pages 477-491.
    See citations under working paper version above.
  85. Martin L. Weitzman, 1973. "Duality Theory for Infinite Horizon Convex Models," Management Science, INFORMS, vol. 19(7), pages 783-789, March.

    Cited by:

    1. Chari, V.V. & Kehoe, Patrick J., 1999. "Optimal fiscal and monetary policy," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 26, pages 1671-1745, Elsevier.
    2. Chari V. V. & Kehoe Patrick J., 1993. "Sustainable Plans and Debt," Journal of Economic Theory, Elsevier, vol. 61(2), pages 230-261, December.
    3. Bennett T. McCallum, 1996. "Neoclassical vs. Endogenous Growth Analysis: An Overview," NBER Working Papers 5844, National Bureau of Economic Research, Inc.
    4. Buiter, Willem H. & Sibert, Anne C., 2007. "Deflationary Bubbles," Macroeconomic Dynamics, Cambridge University Press, vol. 11(4), pages 431-454, September.
    5. V. V. Chari & Lawrence J. Christiano & Patrick J. Kehoe, 1993. "Optimal Fiscal Policy in a Business Cycle Model," NBER Working Papers 4490, National Bureau of Economic Research, Inc.
    6. Takashi Kamihigashi, 2004. "Necessity of the Transversality Condition for Stochastic Models with Bounded or CRRA Utility," Discussion Paper Series 152, Research Institute for Economics & Business Administration, Kobe University.
    7. Manuel Santos & Juan Pablo Rincon-Zapatero, 2007. "Differentiability of the Value Function without Interiority Assumptions," Working Papers 0704, University of Miami, Department of Economics.
    8. David K. Levine, 1993. "Trembling Invisible Hand Equilibrium," Levine's Working Paper Archive 189, David K. Levine.
    9. Timothy J. Kehoe & David K. Levine & Michael Woodford, 1992. "The Optimum Quantity of Money Revisited," Levine's Working Paper Archive 2035, David K. Levine.
    10. Kamihigashi, Takashi, 2003. "Necessity of transversality conditions for stochastic problems," Journal of Economic Theory, Elsevier, vol. 109(1), pages 140-149, March.
    11. Le Van, Cuong & Cagri Saglam, H., 2004. "Optimal growth models and the Lagrange multiplier," Journal of Mathematical Economics, Elsevier, vol. 40(3-4), pages 393-410, June.
    12. Xie, Danyang, 1997. "On Time Inconsistency: A Technical Issue in Stackelberg Differential Games," Journal of Economic Theory, Elsevier, vol. 76(2), pages 412-430, October.
    13. Marco Bassetto & Thomas J. Sargent, 2020. "Shotgun Wedding: Fiscal and Monetary Policy," NBER Working Papers 27004, National Bureau of Economic Research, Inc.
    14. Zilcha, Itzhak, 1981. "Competitive Prices and Optimality in Multisector Economy with Changing Preferences," Foerder Institute for Economic Research Working Papers 275343, Tel-Aviv University > Foerder Institute for Economic Research.
    15. Abel, Andrew B & Blanchard, Olivier J, 1983. "An Intertemporal Model of Saving and Investment," Econometrica, Econometric Society, vol. 51(3), pages 675-692, May.
    16. Levine, David K., 1989. "Infinite horizon equilibrium with incomplete markets," Journal of Mathematical Economics, Elsevier, vol. 18(4), pages 357-376, September.
    17. Gerlagh, Reyer, 2022. "Climate, Technology, Family Size; on the Crossroad between Two Ultimate Externalities," Other publications TiSEM b6d5b02f-4624-46fd-836a-b, Tilburg University, School of Economics and Management.
    18. Obstfeld, Maurice & Rogoff, Kenneth S., 1983. "Speculative Hyperinflations in Maximizing Models: Can We Rule Them Out?," Scholarly Articles 12491027, Harvard University Department of Economics.
    19. Bennett T. McCallum, 1986. "The Optimal Inflation Rate in an Overlapping-Generations Economy with Land," NBER Working Papers 1892, National Bureau of Economic Research, Inc.
    20. Gerlagh, Reyer, 2023. "Climate, technology, family size; on the crossroad between two ultimate externalities," European Economic Review, Elsevier, vol. 152(C).
    21. V. V. Chari & Mr. Patrick E. Kehoe, 1990. "Sustainable Plans and Mutual Default," IMF Working Papers 1990/022, International Monetary Fund.
    22. Arie, Guy, 2016. "Dynamic costs and moral hazard: A duality-based approach," Journal of Economic Theory, Elsevier, vol. 166(C), pages 1-50.
    23. Tapan Mitra & Santanu Roy, 2022. "Propensity to consume and the optimality of Ramsey–Euler policies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(1), pages 55-89, February.
    24. Ravi Kashyap, 2016. "Solving the Equity Risk Premium Puzzle and Inching Towards a Theory of Everything," Papers 1604.04872, arXiv.org, revised Sep 2019.
    25. Mitra, Tapan, 1998. "On the relationship between discounting and complicated behavior in dynamic optimization models," Journal of Economic Behavior & Organization, Elsevier, vol. 33(3-4), pages 421-434, January.
    26. Kehoe, Timothy J. & Levine, David K. & Romer, Paul M., 1990. "Determinacy of equilibria in dynamic models with finitely many consumers," Journal of Economic Theory, Elsevier, vol. 50(1), pages 1-21, February.
    27. Bertocchi, Graziella & Kehagias, Athanasios, 1995. "Efficiency and optimality in stochastic models with production," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 303-325.
    28. M. Ali Khan, 1992. "Book Review: Theoretical Studies in Islamic Banking and Finance, Mohsin S. Khan and Abbas Mirakhor (Editors), Reviewed by: M. Ali Khan مراجعة علمية لكتاب: دراسات نظرية في الأعمال المصرفية والمالية الإ," Book reviews and book reports published in the Journal of King Abdulaziz University: Islamic Economics. 465, King Abdulaziz University, Islamic Economics Institute..
    29. Michel, Philippe, 1992. "Croissance et équilibre intertemporel : une présentation simple d’un modèle de base," L'Actualité Economique, Société Canadienne de Science Economique, vol. 68(1), pages 99-126, mars et j.
    30. Fabio Privileggi, 1995. "A characterization for solutions of stochastic discrete time optimization models," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 18(2), pages 165-180, September.
    31. Miao, Jianjun, 2014. "Introduction to economic theory of bubbles," Journal of Mathematical Economics, Elsevier, vol. 53(C), pages 130-136.
    32. Guerrero-Luchtenberg, C.L., 2000. "A uniform neighborhood turnpike theorem and applications," Journal of Mathematical Economics, Elsevier, vol. 34(3), pages 329-357, November.
    33. Gerlagh, Reyer, 2022. "Climate, Technology, Family Size; on the Crossroad between Two Ultimate Externalities," Discussion Paper 2022-027, Tilburg University, Center for Economic Research.
    34. Dolmas, Jim, 1996. "Balanced-growth-consistent recursive utility," Journal of Economic Dynamics and Control, Elsevier, vol. 20(4), pages 657-680, April.
    35. Antonio Saravia, 2008. "The Chilean agricultural transformation during the second half of the twentieth century: A story of institutional change," Development Research Working Paper Series 08/2008, Institute for Advanced Development Studies.
    36. Buiter, Willem, 2004. "Helicopter Money: Irredeemable Fiat Money and the Liquidity Trap," CEPR Discussion Papers 4202, C.E.P.R. Discussion Papers.
    37. Mitra, Tapan & Roy, Santanu, 2017. "Optimality of Ramsey–Euler policy in the stochastic growth model," Journal of Economic Theory, Elsevier, vol. 172(C), pages 1-25.
    38. Michele Boldrin, 1988. "Paths of Optimal Accumulation in Two-Sector Models," UCLA Economics Working Papers 464, UCLA Department of Economics.

  86. Weitzman, Martin L, 1971. "Shiftable Versus Non-Shiftable Capital: A Synthesis," Econometrica, Econometric Society, vol. 39(3), pages 511-529, May.

    Cited by:

    1. Ricardo Azevedo Araujo & Gilberto Tadeu Lima, 2012. "Capital-Specific Technological Change and Human Capital Accumulation in a Model of Export-Led Growth," PSL Quarterly Review, Economia civile, vol. 65(262), pages 275-311.
    2. Araujo, Ricardo Azevedo & Teixeira, Joanilio Rodolpho, 2002. "Structural change and decisions on investment allocation," Structural Change and Economic Dynamics, Elsevier, vol. 13(2), pages 249-258, June.
    3. Gosselin, Pierre & Lotz, Aïleen & Wambst, Marc, 2016. "How To Spend It? Capital Accumulation in a Changing World," MPRA Paper 71665, University Library of Munich, Germany.
    4. Araujo, Ricardo Azevedo, 2004. "Optimal human investment allocation," Economics Letters, Elsevier, vol. 85(1), pages 71-76, October.
    5. Araujo, Ricardo Azevedo & Teixeira, Joanílio Rodolpho, 2011. "Decisions on investment allocation in the post-Keynesian growth models," MPRA Paper 33639, University Library of Munich, Germany.

  87. Weitzman, Martin L, 1970. "Soviet Postwar Economic Growth and Capital-Labor Substitution," American Economic Review, American Economic Association, vol. 60(4), pages 676-692, September.
    See citations under working paper version above.
  88. M. L. Weitzman, 1970. "Optimal Growth with Scale Economies in the Creation of Overhead Capital," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 37(4), pages 555-570.

    Cited by:

    1. Philip E. Auerswald & Lokesh Dani, 2017. "The adaptive life cycle of entrepreneurial ecosystems: the biotechnology cluster," Small Business Economics, Springer, vol. 49(1), pages 97-117, June.
    2. Vasilev, Aleksandar, 2020. "How quantitatively important is public investment for both business cycle fluctuations and output growth in Bulgaria (1999-2018)?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue forthcomi.
    3. Alokesh Barua & Aparna Sawhney, 2016. "Structural Change, Economic Growth and Trade: Case for Regional Reallocation of Investment in India," Working Papers id:10501, eSocialSciences.
    4. MARTINS, Ana Paula, 2015. "Increasing Returns And Endogenous Growth: Market Size And Taste For Variety," Academica Science Journal, Economica Series, Dimitrie Cantemir University, Faculty of Economical Science, vol. 1(5), pages 3-33, June.
    5. Chichilnisky, Graciela & Gruenwald, Paul F., 1995. "Existence of an optimal growth path with endogenous technical change," Economics Letters, Elsevier, vol. 48(3-4), pages 433-439, June.
    6. Ding, Chengri & Knaap, Gerrit J. & Hopkins, Lewis D., 1999. "Managing Urban Growth with Urban Growth Boundaries: A Theoretical Analysis," Journal of Urban Economics, Elsevier, vol. 46(1), pages 53-68, July.
    7. José Luis Torres-Chacón, 2009. "Capital público y crecimiento económico en España 1980-2004," Hacienda Pública Española / Review of Public Economics, IEF, vol. 188(1), pages 31-53, March.
    8. Henderson, Vernon & Mitra, Arindam, 1996. "The new urban landscape: Developers and edge cities," Regional Science and Urban Economics, Elsevier, vol. 26(6), pages 613-643, December.
    9. José Luis Torres Chacon, 2015. "Introduction to Dynamic Macroeconomic General Equilibrium Models," Vernon Press Titles in Economics, Vernon Art and Science Inc, edition 2, number 54, July.
    10. Avinash Dixit, 1992. "Irreversible Investment with Uncertainty and Scale Economies," STICERD - Theoretical Economics Paper Series 240, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    11. Shi, Yingying & Guo, Shen & Sun, Puyang, 2017. "The role of infrastructure in China’s regional economic growth," Journal of Asian Economics, Elsevier, vol. 49(C), pages 26-41.
    12. Alokesh Barua & Aparna Sawhney, 2015. "Development Policy Implications for Growth and Regional Inequality in a Small Open Economy: The Indian Case," Review of Development Economics, Wiley Blackwell, vol. 19(3), pages 695-709, August.
    13. Erikson, C. & Lindh, T., 1997. "Growth Cycles with Technology Shifts and Externalities," Papers 1997-15, Uppsala - Working Paper Series.
    14. DJINKPO, Medard, 2019. "A DSGE model for Fiscal Policy Analysis in The Gambia," MPRA Paper 97874, University Library of Munich, Germany, revised 30 Dec 2019.
    15. Gerrit Knaap & Chengri Ding & Lewis D. Hopkins, 2001. "Managing Urban Growth for the Efficient Use of Public Infrastructure: Toward a Theory of Concurrency," International Regional Science Review, , vol. 24(3), pages 328-343, July.
    16. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    17. Abdul Qayyum & Idrees Khawaja & Asma Hyder, 2008. "Growth Diagnostics in Pakistan," Development Economics Working Papers 22218, East Asian Bureau of Economic Research.
    18. Charles R. Hulten, 1996. "Infrastructure Capital and Economic Growth: How Well You Use It May Be More Important Than How Much You Have," NBER Working Papers 5847, National Bureau of Economic Research, Inc.
    19. Otto, Glenn D. & Voss, Graham M., 1998. "Is public capital provision efficient?," Journal of Monetary Economics, Elsevier, vol. 42(1), pages 47-66, June.
    20. Carlos Gustavo Machicado, 2007. "Macroeconomic and Welfare Effects of Public Infrastructure Investment in Five Latin American Countries," Development Research Working Paper Series 14/2007, Institute for Advanced Development Studies.
    21. Celso Jose Costa Junior, 2016. "Understanding DSGE models," Vernon Press Titles in Economics, Vernon Art and Science Inc, edition 1, number 70, July.

  89. Weitzman, Martin L, 1970. "Iterative Multilevel Planning with Production Targets," Econometrica, Econometric Society, vol. 38(1), pages 50-65, January.
    See citations under working paper version above.
  90. Martin Weitzman, 1968. "A Model of the Demand for Money by Firms: Comment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 82(1), pages 161-164.

    Cited by:

    1. Roberto Robatto & Francesco Lippi & Fernando Alvarez, 2017. "Cost of Inflation in Inventory Theoretical Models," 2017 Meeting Papers 490, Society for Economic Dynamics.
    2. Edward M. Miller, 1989. "Design of Financial Systems for Economic Stability," The American Economist, Sage Publications, vol. 33(2), pages 39-52, October.
    3. Lawrence J. Gitman & Mark D. Goodwin, 1979. "An Assessment Of Marketable Securities Management Practices," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 2(2), pages 161-169, September.

Chapters

  1. Martin L. Weitzman, 2011. "Additive Damages, Fat-Tailed Climate Dynamics, and Uncertain Discounting," NBER Chapters, in: The Economics of Climate Change: Adaptations Past and Present, pages 23-46, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  2. Martin L. Weitzman, 2009. "Some Basic Economics of Extreme Climate Change," Chapters, in: Jean-Philippe Touffut (ed.), Changing Climate, Changing Economy, chapter 5, Edward Elgar Publishing.

    Cited by:

    1. M. Scott Taylor, 2009. "Innis Lecture: Environmental crises: past, present, and future," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 42(4), pages 1240-1275, November.
    2. Axel Michaelowa, 2011. "Does exasperation mean despair?," Climate Policy, Taylor & Francis Journals, vol. 11(1), pages 836-838, January.
    3. Undp, 2011. "HDR 2011 - Sustainability and Equity: A Better Future for All," Human Development Report (1990 to present), Human Development Report Office (HDRO), United Nations Development Programme (UNDP), number hdr2011, September.
    4. Anasis, John G. & Khalil, Mohammad Aslam Khan & Butenhoff, Christopher & Bluffstone, Randall & Lendaris, George G., 2018. "A Combined Energy and Geoengineering Optimization Model (CEAGOM) for climate and energy policy analysis," Applied Energy, Elsevier, vol. 218(C), pages 246-255.
    5. Aaheim, Asbjørn & Mideksa, Torben, 2017. "Requirements to metrics of greenhouse gas emissions, given a cap on temperature," Ecological Economics, Elsevier, vol. 131(C), pages 460-467.

  3. Martin Weitzman, 2008. "Utility Analysis And Group Behavior An Empirical Study," World Scientific Book Chapters, in: Donald B Hausch & Victor SY Lo & William T Ziemba (ed.), Efficiency Of Racetrack Betting Markets, chapter 9, pages 47-55, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.
  4. Martin L. Weitzman & Chenggang Xu, 1997. "Chinese Township-Village Enterprises as Vaguely Defined Cooperatives," International Economic Association Series, in: John E. Roemer (ed.), Property Relations, Incentives and Welfare, chapter 12, pages 326-355, Palgrave Macmillan.
    See citations under working paper version above.
  5. Martin L. Weitzman, 1986. "Macroeconomic Implications of Profit Sharing," NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 291-354, National Bureau of Economic Research, Inc.

    Cited by:

    1. Lin, Chung-cheng & Chang, Juin-jen & Lai, Ching-chong, 2002. "Profit sharing as a worker discipline device," Economic Modelling, Elsevier, vol. 19(5), pages 815-828, November.
    2. John V. Duca & David D. VanHoose, 1997. "Goods-market competition and profit sharing: a multisector macro approach," Working Papers 9709, Federal Reserve Bank of Dallas.
    3. Chia-ying Liu & Juin-jen Chang, 2011. "Macroeconomic implications of a sharing compensation scheme in a model of endogenous growth," Journal of Economics, Springer, vol. 102(1), pages 57-75, January.
    4. Pablo González, 2002. "Profit Sharing Reconsidered: Efficiency Wages and Renegotiation Costs," Documentos de Trabajo 151, Centro de Economía Aplicada, Universidad de Chile.
    5. Randall W. Eberts & Erica L. Groshen, 1992. "The causes and consequences of structural changes in U.S. labor markets: a review," Economic Review, Federal Reserve Bank of Cleveland, vol. 28(Q I), pages 18-26.
    6. Takatoshi Ito & Kyoungsik Kang, 1989. "Bonuses, Overtime, and Employment: Korea vs. Japan," NBER Working Papers 3012, National Bureau of Economic Research, Inc.
    7. Laurence M. Ball & David Romer, 1987. "Are Prices Too Sticky?," NBER Working Papers 2171, National Bureau of Economic Research, Inc.
    8. Douglas L. Kruse & Joseph R. Blasi & Rhokeun Park, 2008. "Shared Capitalism in the U.S. Economy? Prevalence, Characteristics, and Employee Views of Financial Participation in Enterprises," NBER Working Papers 14225, National Bureau of Economic Research, Inc.
    9. Gary W. Florkowski, 1994. "Employment Growth and Stability under Profit-Sharing: A Longitudinal Study," British Journal of Industrial Relations, London School of Economics, vol. 32(3), pages 303-318, September.

Books

  1. Gernot Wagner & Martin L. Weitzman, 2015. "Climate Shock: The Economic Consequences of a Hotter Planet," Economics Books, Princeton University Press, edition 1, number 10414.

    Cited by:

    1. Mark C. Freeman & Gernot Wagner & Richard J. Zeckhauser, 2015. "Climate Sensitivity Uncertainty: When is Good News Bad?," NBER Working Papers 20900, National Bureau of Economic Research, Inc.
    2. Rick Van der Ploeg & Armon Rezai, 2018. "Simple Rules For Climate Policy And Integrated Assessment," OxCarre Working Papers 213, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    3. Kent D. Daniel & Robert B. Litterman & Gernot Wagner, 2016. "Applying Asset Pricing Theory to Calibrate the Price of Climate Risk," NBER Working Papers 22795, National Bureau of Economic Research, Inc.
    4. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.
    5. Weili WENG, 2016. "Geoengineering Research Overview," Chinese Journal of Urban and Environmental Studies (CJUES), World Scientific Publishing Co. Pte. Ltd., vol. 4(02), pages 1-10, June.
    6. Moreno-Cruz, Juan B. & Wagner, Gernot & Keith, David w., 2017. "An Economic Anatomy of Optimal Climate Policy," Working Paper Series rwp17-028, Harvard University, John F. Kennedy School of Government.
    7. Funk, Jeffrey L., 2015. "IT and sustainability: New strategies for reducing carbon emissions and resource usage in transportation," Telecommunications Policy, Elsevier, vol. 39(10), pages 861-874.
    8. G. Calzolari & M. Casari & R. Ghidoni, 2016. "Carbon is Forever: a Climate Change Experiment on Cooperation," Working Papers wp1065, Dipartimento Scienze Economiche, Universita' di Bologna.
    9. Aurélie Méjean & Antonin Pottier & Marc Fleurbaey & Stéphane Zuber, 2020. "Catastrophic climate change, population ethics and intergenerational equity," Post-Print halshs-01599453, HAL.
    10. Norouzi, Maryam & Yeganeh, Mansour & Yusaf, Talal, 2021. "Landscape framework for the exploitation of renewable energy resources and potentials in urban scale (case study: Iran)," Renewable Energy, Elsevier, vol. 163(C), pages 300-319.
    11. Gregory Casey & Stephie Fried & Matthew Gibson, 2022. "Understanding Climate Damages: Consumption versus Investment," Working Paper Series 2022-21, Federal Reserve Bank of San Francisco.
    12. Wagner, Gernot & Weitzman, Martin L., 2018. "Potentially large equilibrium climate sensitivity tail uncertainty," Economics Letters, Elsevier, vol. 168(C), pages 144-146.
    13. Goher-Ur-Rehman Mir & Servaas Storm, 2016. "Carbon Emissions and Economic Growth: Production-based versus Consumption-based Evidence on Decoupling," Working Papers Series 41, Institute for New Economic Thinking.
    14. Ghidoni, Riccardo & Calzolari, Giacomo & Casari, Marco, 2017. "Climate change: Behavioral responses from extreme events and delayed damages," Energy Economics, Elsevier, vol. 68(S1), pages 103-115.
    15. Andreas Makoto Hein & Jean-Baptiste Rudelle, 2020. "Energy Limits to the Gross Domestic Product on Earth," Working Papers hal-02570677, HAL.
    16. Ali Fatemi & Iraj Fooladi, 2020. "A primer on sustainable value creation," Review of Financial Economics, John Wiley & Sons, vol. 38(3), pages 452-473, July.
    17. Stefano Giglio & Bryan Kelly & Johannes Stroebel, 2021. "Climate Finance," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 15-36, November.
    18. Howard, Peter H & Sterner, Thomas, 2016. "Few and Not So Far Between: A Meta-analysis of Climate Damage Estimates," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235696, Agricultural and Applied Economics Association.
    19. Freeman, Mark C. & Groom, Ben & Zeckhauser, Richard, 2015. "Better Predictions, Better Allocations: Scientific Advances and Adaptation to Climate Change," Working Paper Series 15-051, Harvard University, John F. Kennedy School of Government.
    20. Ferreira, Susana, 2024. "Extreme Weather Events and Climate Change: Economic Impacts and Adaptation Policies," IZA Discussion Papers 16715, Institute of Labor Economics (IZA).
    21. Bovens, Luc, 2016. "The ethics of Dieselgate," LSE Research Online Documents on Economics 66926, London School of Economics and Political Science, LSE Library.
    22. Buchholz Wolfgang & Heindl Peter, 2015. "Ökonomische Herausforderungen des Klimawandels," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(4), pages 324-350, December.
    23. Michel Aglietta & Etienne Espagne, 2016. "Climate and finance systemic risks, more than an analogy? The climate fragility hypothesis," Working Papers 2016-10, CEPII research center.
    24. Dale Whittington & Richard T. Carson & Thomas Sterner, 2023. "Policy Note: Benefit Cost Analysis of Water Investments in the Anthropocene," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 9(03), pages 1-23, July.
    25. Etienne Espagne, 2016. "Climate Finance at COP21 and After: Lessons Learnt," CEPII Policy Brief 2016-09, CEPII research center.
    26. van der Ploeg, Frederick, 2020. "Race to burn the last ton of carbon and the risk of stranded assets," European Journal of Political Economy, Elsevier, vol. 64(C).
    27. Frank J. Convery & Gernot Wagner, 2015. "Reflections–Managing Uncertain Climates: Some Guidance for Policy Makers and Researchers," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 9(2), pages 304-320.
    28. Majah-Leah Ravago & James Roumasset, 2016. "The Public Economics of Electricity Policy with Philippine Applications," Working Papers 201613, University of Hawaii at Manoa, Department of Economics.
    29. Juan Antonio Torrents Arevalo, 2024. "Climate Change versus Economic Growth: Case of Greenhouse Apply a Study of European Union Countries and England from 2010 to 2019 Using Linear Regression and Neural Networks," Sustainability, MDPI, vol. 16(5), pages 1-22, February.
    30. Clarke, Harry, 2015. "Climate policy decisions under uncertainty," Working Papers 249517, Australian National University, Centre for Climate Economics & Policy.
    31. Garth Heutel & Juan Moreno-Cruz & Katharine Ricke, 2016. "Climate Engineering Economics," Annual Review of Resource Economics, Annual Reviews, vol. 8(1), pages 99-118, October.
    32. D. Warner North, 2020. "Risk Analysis, Decision Analysis, Causal Analysis, and Economics: A Personal Perspective from More Than 40 years Experience," Risk Analysis, John Wiley & Sons, vol. 40(S1), pages 2178-2190, November.
    33. Drudi, Francesco & Moench, Emanuel & Holthausen, Cornelia & Weber, Pierre-François & Ferrucci, Gianluigi & Setzer, Ralph & Adao, Bernardino & Dées, Stéphane & Alogoskoufis, Spyros & Téllez, Mar Delgad, 2021. "Climate change and monetary policy in the euro area," Occasional Paper Series 271, European Central Bank.
    34. Pablo Aguilar & Beatriz González & Samuel Hurtado, 2022. "Carbon tax sectoral (CATS) model: a sectoral model for energy transition stress test scenarios," Occasional Papers 2218, Banco de España.
    35. Bercholz, Maxime & Roantree, Barra, 2019. "Carbon taxes and compensation options," Papers BP2020/1, Economic and Social Research Institute (ESRI).
    36. Andreas M. Hein & Jean-Baptiste Rudelle, 2020. "Energy Limits to the Gross Domestic Product on Earth," Papers 2005.05244, arXiv.org.
    37. Thomas F. Coleman & Nicole S. Dumont & Wanqi Li & Wenbin Liu & Alexey Rubtsov, 2022. "Optimal Pricing of Climate Risk," Computational Economics, Springer;Society for Computational Economics, vol. 60(3), pages 1101-1134, October.
    38. Na Liu & Futie Song, 2021. "Marginal Abatement Cost of Carbon Emissions under Different Shared Socioeconomic Pathways," Sustainability, MDPI, vol. 13(24), pages 1-17, December.
    39. O'Malley, Seamus & Roantree, Barra & Curtis, John, 2020. "Carbon taxes, poverty and compensation options," Research Series, Economic and Social Research Institute (ESRI), number SUSTAT98, June.
    40. Stoerk, Thomas & Wagner, Gernot & Ward, Robert E. T., 2018. "Recommendations for improving the treatment of risk and uncertainty in economic estimates of climate impacts in the Sixth Intergovernmental Panel on Climate Change Assessment Report," LSE Research Online Documents on Economics 87957, London School of Economics and Political Science, LSE Library.
    41. Ahlvik, Lassi & Iho, Antti, 2018. "Optimal geoengineering experiments," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 148-168.
    42. Antoci, Angelo & Borghesi, Simone & Galeotti, Marcello & Russu, Paolo, 2022. "Maladaptation to environmental degradation and the interplay between negative and positive externalities," European Economic Review, Elsevier, vol. 143(C).
    43. Wake Smith & Claire Henly, 2021. "Updated and outdated reservations about research into stratospheric aerosol injection," Climatic Change, Springer, vol. 164(3), pages 1-15, February.
    44. Doncaster, C. Patrick & Tavoni, Alessandro & Dyke, James G., 2017. "Using Adaptation Insurance to Incentivize Climate-change Mitigation," Ecological Economics, Elsevier, vol. 135(C), pages 246-258.
    45. C. E. Richards & R. C. Lupton & J. M. Allwood, 2021. "Re-framing the threat of global warming: an empirical causal loop diagram of climate change, food insecurity and societal collapse," Climatic Change, Springer, vol. 164(3), pages 1-19, February.
    46. Rising, James A. & Taylor, Charlotte & Ives, Matthew C. & Ward, Robert E.t., 2022. "Challenges and innovations in the economic evaluation of the risks of climate change," LSE Research Online Documents on Economics 114941, London School of Economics and Political Science, LSE Library.
    47. Christine Merk & Gernot Wagner, 2024. "Presenting balanced geoengineering information has little effect on mitigation engagement," Climatic Change, Springer, vol. 177(1), pages 1-17, January.
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