Models in evolutionary economics and environmental policy: Towards an evolutionary environmental economics
In this paper we review evolutionary economic modelling in relation to environmental policy. We discuss three areas in which evolutionary economic models have a particularly high added value for environmental policy-making: the double externality problem, technological transitions and consumer demand. We explore the possibilities to apply evolutionary economic models in environmental policy assessment, including the opportunities for making policy-making endogenous to environmental innovation. We end with a critical discussion of the challenges that remain.
|Date of creation:||Apr 2008|
|Date of revision:||Apr 2008|
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