Modeling Environment-Improving Technological Innovations under Uncertainty

Business & Finance, Economics, Sustainable Development
Cover of the book Modeling Environment-Improving Technological Innovations under Uncertainty by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781134041190
Publisher: Taylor and Francis Publication: December 8, 2008
Imprint: Routledge Language: English
Author:
ISBN: 9781134041190
Publisher: Taylor and Francis
Publication: December 8, 2008
Imprint: Routledge
Language: English

The issues of technology and uncertainty are very much at the heart of the policy debate of how much to control greenhouse gas emissions. The costs of doing so are present and high while the benefits are very much in the future and, most importantly, they are highly uncertain. Whilst there is broad consensus on the key elements of climate change science and agreement that near-term actions are needed to prevent dangerous anthropogenic interference with the climate system, there is little agreement on the costs and benefits of climate policy. The book looks at different ways of reconciling the needs for sustainability and equity with the costs of action now.

Presenting a compendium of methodologies for evaluating the economic impact of technological innovation upon climate-change policy, this book describes mathematical models and their predictions. The goal is to provide a practitioner’s guide for doing the science of economics and climate change. Because the assumptions motivating different problems in the economics of climate change have different complexities, a number of models are presented with varying levels of difficulty: reduced-form and structural, partial- and general-equilibrium, closed-form and computational. A unifying theme of these models is the incorporation of a number of price and quantity instruments and an analysis of their respective efficacies. This book presents models that contain structural uncertainty, i.e., uncertainty that economic agents respond to via their risk attitudes. The novelty of this book is to relate the effects of risk and risk attitudes to environment-improving technological innovation.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The issues of technology and uncertainty are very much at the heart of the policy debate of how much to control greenhouse gas emissions. The costs of doing so are present and high while the benefits are very much in the future and, most importantly, they are highly uncertain. Whilst there is broad consensus on the key elements of climate change science and agreement that near-term actions are needed to prevent dangerous anthropogenic interference with the climate system, there is little agreement on the costs and benefits of climate policy. The book looks at different ways of reconciling the needs for sustainability and equity with the costs of action now.

Presenting a compendium of methodologies for evaluating the economic impact of technological innovation upon climate-change policy, this book describes mathematical models and their predictions. The goal is to provide a practitioner’s guide for doing the science of economics and climate change. Because the assumptions motivating different problems in the economics of climate change have different complexities, a number of models are presented with varying levels of difficulty: reduced-form and structural, partial- and general-equilibrium, closed-form and computational. A unifying theme of these models is the incorporation of a number of price and quantity instruments and an analysis of their respective efficacies. This book presents models that contain structural uncertainty, i.e., uncertainty that economic agents respond to via their risk attitudes. The novelty of this book is to relate the effects of risk and risk attitudes to environment-improving technological innovation.

More books from Taylor and Francis

Cover of the book Revisiting Landmark Cases in Medical Law by
Cover of the book The Movie Business Book by
Cover of the book The Geographical Unconscious by
Cover of the book The Problem-Solving, Problem-Prevention, and Decision-Making Guide by
Cover of the book Death in a Consumer Culture by
Cover of the book Improving Pupil Motivation Together by
Cover of the book Emily Dickinson and Hymn Culture by
Cover of the book Economic Careers by
Cover of the book In the Lands of the Christians by
Cover of the book Cocaine Solutions by
Cover of the book The Automated Lighting Programmer's Handbook by
Cover of the book The Elizabethan World by
Cover of the book New Business Models for the Knowledge Economy by
Cover of the book Routledge Handbook of Youth Sport by
Cover of the book Changing the Way We Work by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy