Regulating Knowledge Monopolies: The Case of the IPCC
The Intergovernmental Panel on Climate Change has a monopoly on the provision of climate policy advice at the international level and a strong market position in national policy advice. This may have been the intention of the founders of the IPCC. I argue that the IPCC has a natural monopoly, as a new entrant would have to invest time and effort over a longer period to perhaps match the reputation, trust, goodwill, and network of the IPCC. The IPCC is a not-for-profit organization, and it is run by nominal volunteers; it therefore cannot engage in the price-gouging that is typical of monopolies. However, the IPCC has certainly taken up tasks outside its mandate; the IPCC has been accused of haughtiness; innovation is slow; quality may have declined; and the IPCC may have used its power to hinder competitors. There are all things that monopolies tend to do, against the public interest. The IPCC would perform better if it were regulated by an independent body which audits the IPCC procedures and assesses its performance; if outside organizations would be allowed to bid for the production of reports and the provision of services under the IPCC brand; and if policy makers would encourage potential competitors to the IPCC.
|Date of creation:||Sep 2010|
|Date of revision:|
|Contact details of provider:|| Postal: Whitaker Square, Sir John Rogerson's Quay, Dublin 2|
Phone: (353-1) 863 2000
Fax: (353-1) 863 2100
Web page: http://www.esri.ie
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Martin L. Weitzman, 2007. "A Review of the Stern Review on the Economics of Climate Change," Journal of Economic Literature, American Economic Association, vol. 45(3), pages 703-724, September.
- Richard S. J. Tol, 2009. "The Economic Effects of Climate Change," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 29-51, Spring.
- Seán Lyons & Karen Mayor & Richard S.J. Tol, 2008. "Environmental Accounts for the Republic of Ireland: 1990-2005," Papers WP223, Economic and Social Research Institute (ESRI).
- Alistair Ulph & David Maddison, 1997.
"Uncertainty, learning and international environmental policy coordination,"
Environmental & Resource Economics,
Springer;European Association of Environmental and Resource Economists, vol. 9(4), pages 451-466, June.
- Ulph, A. & Maddison, D., 1995. "Uncertainty, learning and international environmental policy co-ordination," Discussion Paper Series In Economics And Econometrics 9507, Economics Division, School of Social Sciences, University of Southampton.
- Kamada, Yuichiro & Kominers, Scott Duke, 2010. "Information can wreck cooperation: A counterpoint to Kandori (1992)," Economics Letters, Elsevier, vol. 107(2), pages 112-114, May.
- Graham Dawson, 2008. "The Economic Science Fiction Of Climate Change: A Free-Market Perspective On The Stern Review And The Ipcc," Economic Affairs, Wiley Blackwell, vol. 28(4), pages 42-47, December.
- Kenneth E. Train, 1991. "Optimal Regulation: The Economic Theory of Natural Monopoly," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200848, December.
- Frances Ruane & Xiaoheng Zhang, 2007. "Location Choices of the Pharmaceutical Industry in Europe after 1992," The Institute for International Integration Studies Discussion Paper Series iiisdp220, IIIS.
- Roberto Patuelli & Eric Pels & Peter Nijkamp, 2002.
"Environmental Tax Reform and Double Dividend,"
Tinbergen Institute Discussion Papers
02-095/3, Tinbergen Institute.
- Patuelli, Roberto & Nijkamp, Peter & Pels, Eric, 2005. "Environmental tax reform and the double dividend: A meta-analytical performance assessment," Ecological Economics, Elsevier, vol. 55(4), pages 564-583, December.
- Graham Dawson, 2009. "Privatising Climate Policy," Economic Affairs, Wiley Blackwell, vol. 29(3), pages 57-62, 09.
- repec:dgr:uvatin:20020095 is not listed on IDEAS
- Hordijk, Leen & Kroeze, Carolien, 1997. "Integrated assessment models for acid rain," European Journal of Operational Research, Elsevier, vol. 102(3), pages 405-417, November.
- Arrow Kenneth J, 2007. "Global Climate Change: A Challenge to Policy," The Economists' Voice, De Gruyter, vol. 4(3), pages 1-5, June.
- Kuik, Onno & Brander, Luke & Tol, Richard S.J., 2009. "Marginal abatement costs of greenhouse gas emissions: A meta-analysis," Energy Policy, Elsevier, vol. 37(4), pages 1395-1403, April.
- William D. Nordhaus, 2007. "A Review of the Stern Review on the Economics of Climate Change," Journal of Economic Literature, American Economic Association, vol. 45(3), pages 686-702, September.
- David Henderson, 2009. "Climate Change Issues: A Dissenting Voice," Economic Affairs, Wiley Blackwell, vol. 29(3), pages 87-88, 09.
When requesting a correction, please mention this item's handle: RePEc:esr:wpaper:wp350. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sarah Burns)
If references are entirely missing, you can add them using this form.