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Cameron J. Hepburn

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.

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Anthoff, David & Hepburn, Cameron & Tol, Richard S.J., 2009. "Equity weighting and the marginal damage costs of climate change," Ecological Economics, Elsevier, vol. 68(3), pages 836-849, January.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Climate economics > Equity
  2. Ben Groom & Cameron Hepburn & Phoebe Koundouri & David Pearce, 2005. "Declining Discount Rates: The Long and the Short of it," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 32(4), pages 445-493, December.

    Mentioned in:

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

Working papers

  1. Klenert, David & Mattauch, Linus & Combet, Emmanuel & Edenhofer, Ottmar & Hepburn, Cameron & Rafaty, Ryan & Stern, Nicholas, 2017. "Making Carbon Pricing Work," MPRA Paper 80943, University Library of Munich, Germany.

    Cited by:

    1. Fremstad, Anders & Paul, Mark, 2019. "The Impact of a Carbon Tax on Inequality," Ecological Economics, Elsevier, vol. 163(C), pages 88-97.
    2. Tovar Reaños, Miguel & Lynch, Muireann Á., 2020. "Are energy poverty metrics fit for purpose? An assessment using behavioural microsimulation," Papers WP665, Economic and Social Research Institute (ESRI).
    3. Ward, Hauke & Steckel, Jan Christoph & Jakob, Michael, 2019. "How global climate policy could affect competitiveness," Energy Economics, Elsevier, vol. 84(S1).
    4. Schaffitzel, Filip & Jakob, Michael & Soria, Rafael & Vogt-Schilb, Adrien & Ward, Hauke, 2020. "Can government transfers make energy subsidy reform socially acceptable? A case study on Ecuador," Energy Policy, Elsevier, vol. 137(C).
    5. Malerba, Daniele, 2020. "Poverty alleviation and local environmental degradation: An empirical analysis in Colombia," World Development, Elsevier, vol. 127(C).
    6. Linus Mattauch & Cameron Hepburn & Nicholas Stern, 2018. "Pigou Pushes Preferences: Decarbonisation and Endogenous Values," CESifo Working Paper Series 7404, CESifo.
    7. Edenhofer, Ottmar & Flachsland, Christian & Kalkuhl, Matthias & Knopf, Brigitte & Pahle, Michael, 2019. "Optionen für eine CO2-Preisreform," Working Papers 04/2019, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.
    8. Thomas Douenne & Adrien Fabre, 2020. "French attitudes on climate change, carbon taxation and other climate policies," Post-Print halshs-02973077, HAL.
    9. Tovar Reaños, Miguel & Lynch, Muireann Á., 2019. "Distributional impacts of carbon taxation and revenue recycling: a behavioural microsimulation," Papers WP626, Economic and Social Research Institute (ESRI).
    10. Raymond, Leigh, 2019. "Policy perspective:Building political support for carbon pricing—Lessons from cap-and-trade policies," Energy Policy, Elsevier, vol. 134(C).
    11. Rickels, Wilfried & Peterson, Sonja & Felbermayr, Gabriel, 2019. "Schrittweise zu einem umfassenden europäischen Emissionshandel," Kiel Policy Brief 127, Kiel Institute for the World Economy (IfW Kiel).
    12. Jeroen C.J.M. van den Bergh & Arild Angelsen & Andrea Baranzini & W.J. Wouter Botzen & Stefano Carattini & Stefan Drews & Tessa Dunlop & Eric Galbraith & Elisabeth Gsottbauer & Richard B. Howarth & Em, 2018. "Parallel tracks towards a global treaty on carbon pricing," Working Papers 2018/12, Institut d'Economia de Barcelona (IEB).
    13. Funke, Franziska & Mattauch, Linus & Klenert, David & O'Callaghan, Brian, 2020. "Five lessons from COVID-19 for advancing climate change mitigation," INET Oxford Working Papers 2020-16, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    14. Adriana AnaMaria Davidescu & Simona-Andreea Apostu & Andreea Paul, 2020. "Exploring Citizens’ Actions in Mitigating Climate Change and Moving toward Urban Circular Economy. A Multilevel Approach," Energies, MDPI, vol. 13(18), pages 1-46, September.
    15. Gramkow, Camila, 2020. "Green fiscal policies: An armoury of instruments to recover growth sustainably," Estudios y Perspectivas – Oficina de la CEPAL en Brasilia 45418, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    16. 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.
    17. Parry, Ian, 2020. "Increasing carbon pricing in the EU: Evaluating the options," European Economic Review, Elsevier, vol. 121(C).
    18. Sommer, Stephan & Mattauch, Linus & Pahle, Michael, 2022. "Supporting carbon taxes: The role of fairness," Ecological Economics, Elsevier, vol. 195(C).
    19. Kirchner, Mathias & Sommer, Mark & Kratena, Kurt & Kletzan-Slamanig, Daniela & Kettner-Marx, Claudia, 2019. "CO2 taxes, equity and the double dividend – Macroeconomic model simulations for Austria," Energy Policy, Elsevier, vol. 126(C), pages 295-314.
    20. Sulikova, Simona & van den Bijgaart, Inge & Klenert, David & Mattauch, Linus, 2020. "Optimal fuel taxation with suboptimal health choices," Working Papers in Economics 794, University of Gothenburg, Department of Economics.
    21. 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.
    22. Tovar Reanos, Miguel, 2020. "Car ownership and the distributional and environmental policies to reduce driving behavior," Papers WP673, Economic and Social Research Institute (ESRI).
    23. Sabine Garabedian & Avotra Narindranjanahary & Olivia Ricci & Sandrine Selosse, 2020. "A macroeconomic evaluation of a carbon tax in overseas territories: A CGE model for Reunion Island," Post-Print hal-03023346, HAL.
    24. Rozenberg, Julie & Vogt-Schilb, Adrien & Hallegatte, Stephane, 2020. "Instrument choice and stranded assets in the transition to clean capital," Journal of Environmental Economics and Management, Elsevier, vol. 100(C).
    25. Samuel Simon Araya & Vincenzo Liso & Xiaoti Cui & Na Li & Jimin Zhu & Simon Lennart Sahlin & Søren Højgaard Jensen & Mads Pagh Nielsen & Søren Knudsen Kær, 2020. "A Review of The Methanol Economy: The Fuel Cell Route," Energies, MDPI, vol. 13(3), pages 1-32, January.
    26. Dorband, Ira Irina & Jakob, Michael & Kalkuhl, Matthias & Steckel, Jan Christoph, 2019. "Poverty and distributional effects of carbon pricing in low- and middle-income countries – A global comparative analysis," World Development, Elsevier, vol. 115(C), pages 246-257.
    27. Warnick, Benjamin J. & Kier, Alexander S. & LaFrance, Emily M. & Cuttler, Carrie, 2021. "Head in the clouds? Cannabis users' creativity in new venture ideation depends on their entrepreneurial passion and experience," Journal of Business Venturing, Elsevier, vol. 36(2).
    28. Jochen Markard & Daniel Rosenbloom, 2020. "Politics of low-carbon transitions: The European Emissions Trading System as a Trojan Horse for climate policy?," Working Papers on Innovation Studies 20200116, Centre for Technology, Innovation and Culture, University of Oslo.
    29. McQuinn, Kieran & O’Toole, Conor & Allen-Coghlan, Matthew & Economides, Philip, 2019. "Quarterly Economic Commentary, Summer 2019," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC2019sum, August.
    30. Camila Gramkow & Annela Anger-Kraavi, 2019. "Developing Green: A Case for the Brazilian Manufacturing Industry," Sustainability, MDPI, vol. 11(23), pages 1-16, November.
    31. 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.
    32. Stiglitz, Joseph E., 2019. "Addressing climate change through price and non-price interventions," European Economic Review, Elsevier, vol. 119(C), pages 594-612.
    33. Eisner, Anna & Kulmer, Veronika & Kortschak, Dominik, 2021. "Distributional effects of carbon pricing when considering household heterogeneity: An EASI application for Austria," Energy Policy, Elsevier, vol. 156(C).
    34. Curtis, John & Tovar, Miguel Angel & Grilli, Gianluca, 2020. "Access to and consumption of natural gas: Spatial and socio-demographic drivers," Energy Policy, Elsevier, vol. 143(C).
    35. Jacobs, Bas & van der Ploeg, Frederick, 2019. "Redistribution and pollution taxes with non-linear Engel curves," Journal of Environmental Economics and Management, Elsevier, vol. 95(C), pages 198-226.
    36. Maria Alice Moz-Christofoletti & Paula Carvalho Pereda, 2021. "Winners and losers: the distributional impact of a carbon tax in Brazil," Working Papers, Department of Economics 2021_08, University of São Paulo (FEA-USP).
    37. Tovar Reaños, Miguel & Lynch, Muireann Á., 2019. "Carbon taxation in Ireland: distributional effects of revenue recycling policies," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI).
    38. Thomas Douenne & Adrien Fabre, 2019. "Can We Reconcile French People with the Carbon Tax? Disentangling Beliefs from Preferences," Policy Papers 2019.05, FAERE - French Association of Environmental and Resource Economists.
    39. Mr. Nicolas Arregui & Ian W.H. Parry, 2020. "Reconsidering Climate Mitigation Policy in the UK," IMF Working Papers 2020/268, International Monetary Fund.
    40. John F. Raffensperger, 2020. "A price on warming with a supply chain directed market," Papers 2003.05114, arXiv.org, revised Mar 2021.
    41. Andreas Löschel & Oliver Kaltenegger, 2018. "Post Script: Missed Climate Target 2020: Time for a Reorientation of Climate Policy?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(02), pages 14-17, February.
    42. Hans Jensen & Ignacio Pérez Domínguez & Thomas Fellmann & Paul Lirette & Jordan Hristov & George Philippidis, 2019. "Economic Impacts of a Low Carbon Economy on Global Agriculture: The Bumpy Road to Paris," Sustainability, MDPI, vol. 11(8), pages 1-17, April.

  2. 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.

    Cited by:

    1. Romero, João P. & Gramkow, Camila, 2021. "Economic complexity and greenhouse gas emissions," World Development, Elsevier, vol. 139(C).
    2. Fabozzi, Frank J. & Focardi, Sergio & Ponta, Linda & Rivoire, Manon & Mazza, Davide, 2022. "The economic theory of qualitative green growth," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 242-254.
    3. Belaïd, Fateh & Al-Sarihi, Aisha & Al-Mestneer, Raed, 2023. "Balancing climate mitigation and energy security goals amid converging global energy crises: The role of green investments," Renewable Energy, Elsevier, vol. 205(C), pages 534-542.
    4. Oleg Badunenko & Marzio Galeotti & Lester C. Hunt, 2021. "Better to grow or better to improve? Measuring environmental efficiency in OECD countries with a Stochastic Environmental Kuznets Frontier," Working Papers 2021.28, Fondazione Eni Enrico Mattei.
    5. Nieto, Jaime & Carpintero, Óscar & Lobejón, Luis Fernando & Miguel, Luis Javier, 2020. "An ecological macroeconomics model: The energy transition in the EU," Energy Policy, Elsevier, vol. 145(C).
    6. Charles Palmer & Salvatore Di Falco, 2012. "Biodiversity, poverty, and development," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 28(1), pages 48-68, Spring.
    7. Nieto, Jaime & Carpintero, Óscar & Miguel, Luis J. & de Blas, Ignacio, 2020. "Macroeconomic modelling under energy constraints: Global low carbon transition scenarios," Energy Policy, Elsevier, vol. 137(C).
    8. Badunenko, Oleg & Galeotti, Marzio & Hunt, Lester C., 2023. "Better to grow or better to improve? Measuring environmental efficiency in OECD countries with a stochastic environmental Kuznets frontier (SEKF)," Energy Economics, Elsevier, vol. 121(C).
    9. 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.
    10. Michael Jakob & William F. Lamb & Jan Christoph Steckel & Christian Flachsland & Ottmar Edenhofer, 2020. "Understanding different perspectives on economic growth and climate policy," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(6), November.

  3. Dieter Helm & Cameron Hepburn & Giovanni Ruta, 2012. "Trade, climate change and the political game theory of border carbon adjustments," GRI Working Papers 80, Grantham Research Institute on Climate Change and the Environment.

    Cited by:

    1. Cecilia Bellora & Lionel Fontagné, 2020. "Possible carbon adjustment policies: An overview," Working Papers hal-02880332, HAL.
    2. King, Maia & Tarbush, Bassel & Teytelboym, Alexander, 2019. "Targeted carbon tax reforms," European Economic Review, Elsevier, vol. 119(C), pages 526-547.
    3. Alberto Gago & Xavier Labandeira & Xiral López Otero, 2014. "A Panorama on Energy Taxes and Green Tax Reforms," Hacienda Pública Española / Review of Public Economics, IEF, vol. 208(1), pages 145-190, March.
    4. Weiguang Chen & Qing Guo, 2017. "Assessing the Effect of Carbon Tariffs on International Trade and Emission Reduction of China’s Industrial Products under the Background of Global Climate Governance," Sustainability, MDPI, vol. 9(6), pages 1-17, June.
    5. Alaa Al Khourdajie & Michael Finus, 2020. "Measures to Enhance the Effectiveness of International Climate Agreements: The Case of Border Carbon Adjustments," Graz Economics Papers 2020-04, University of Graz, Department of Economics.
    6. Liu, Liwei & Chen, Chuxiang & Zhao, Yufei & Zhao, Erdong, 2015. "China׳s carbon-emissions trading: Overview, challenges and future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 254-266.
    7. Dongxu Chen & Xiaoying Chang & Tao Hong & Tao Ma, 2023. "Domestic Regional Synergy in Achieving National Climate Goals—The Role of Comparative Advantage in Emission Reduction," Land, MDPI, vol. 12(9), pages 1-23, September.
    8. George David Banks & Timothy Fitzgerald, 2020. "A sectoral approach allows an artful merger of climate and trade policy," Climatic Change, Springer, vol. 162(2), pages 165-173, September.
    9. ISHIKAWA Jota & OKUBO Toshihiro, 2013. "Greenhouse Gas Emission Controls and Firm Locations in North-South Trade," Discussion papers 13045, Research Institute of Economy, Trade and Industry (RIETI).
    10. Wilman, Elizabeth A., 2019. "Market Redirection Leakage in the Palm Oil Market," Ecological Economics, Elsevier, vol. 159(C), pages 226-234.
    11. Håkon Sælen, 2016. "Side-payments: an effective instrument for building climate clubs?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 16(6), pages 909-932, December.
    12. Francesco Vona, 2018. "Job losses and the political acceptability of climate policies : an amplified collective action problem," Post-Print hal-03458275, HAL.
    13. Michael Jakob & Jan Christoph Steckel & Ottmar Edenhofer, 2014. "Consumption- Versus Production-Based Emission Policies," Annual Review of Resource Economics, Annual Reviews, vol. 6(1), pages 297-318, October.
    14. Jamal Khan & Yuan Li & Eric Girardin, 2022. "Is a clash coming when trade and climate meet at the border? The impact of the EU's carbon border adjustment on China's belt and road initiative," Post-Print hal-03821161, HAL.
    15. Sheldon, Ian & McCorriston, Steve, 2014. "Climate Policy and Border Measures: The Case of the US Aluminum Industry," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169544, Agricultural and Applied Economics Association.
    16. Stuart Evans & Michael A Mehling & Robert A Ritz & Paul Sammon, 2020. "Border Carbon Adjustments and Industrial Competitiveness in a European Green Deal," Working Papers EPRG2007, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    17. Morihiro Yomogida & Nori Tarui, 2013. "Emission Taxes and Border Tax Adjustments for Oligopolistic Industries," Pacific Economic Review, Wiley Blackwell, vol. 18(5), pages 644-673, December.
    18. Miria A. Pigato, 2019. "Fiscal Policies for Development and Climate Action," World Bank Publications - Books, The World Bank Group, number 31051, December.
    19. Mehling, M. & Ritz, R., 2020. "Going beyond default intensities in an EU carbon border adjustment mechanism," Cambridge Working Papers in Economics 2087, Faculty of Economics, University of Cambridge.
    20. Noha Elboghdadly & Michael Finus, 2020. "Enforcing Climate Agreements: The Role of Escalating Border Carbon Adjustments," Graz Economics Papers 2020-11, University of Graz, Department of Economics.
    21. Sigit Perdana & Marc Vielle, 2023. "Carbon border adjustment mechanism in the transition to net-zero emissions: collective implementation and distributional impacts," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 25(3), pages 299-329, July.
    22. Helm, Dieter, 2014. "The European framework for energy and climate policies," Energy Policy, Elsevier, vol. 64(C), pages 29-35.
    23. Francesco Vona, 2018. "Job losses and the political acceptability of climate policies : an amplified collective action problem," Sciences Po publications info:hdl:2441/7upb3pbvdn8, Sciences Po.
    24. Fouré, Jean & Guimbard, Houssein & Monjon, Stéphanie, 2016. "Border carbon adjustment and trade retaliation: What would be the cost for the European Union?," Energy Economics, Elsevier, vol. 54(C), pages 349-362.
    25. Noha Elboghdadly & Michael Finus, 2020. "Non-Cooperative Climate Policies among Asymmetric Countries: Production- versus Consumption-based Carbon Taxes," Graz Economics Papers 2020-16, University of Graz, Department of Economics.
    26. Noha Elboghdadly & Michael Finus, 2020. "Strategic Climate Policies with Endogenous Plant Location: The Role of Border Carbon Adjustments," Graz Economics Papers 2020-07, University of Graz, Department of Economics.
    27. Madison Condon & Ada Ignaciuk, 2013. "Border Carbon Adjustment and International Trade: A Literature Review," OECD Trade and Environment Working Papers 2013/6, OECD Publishing.
    28. Strand,Jon, 2021. "Incentivizing Carbon Taxation in Low-Income Countries : Tax Rebating versus Carbon Crediting," Policy Research Working Paper Series 9698, The World Bank.
    29. Dieter Helm, 2020. "The Environmental Impacts of the Coronavirus," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(1), pages 21-38, May.
    30. Xinxin Liao & Zhuo Ning, 2022. "Welfare Implications of Border Carbon Adjustments on the Trade of Harvested Wood Products," IJERPH, MDPI, vol. 20(1), pages 1-16, December.
    31. Jean Fouré & Houssein Guimbard & Stéphanie Monjon, 2013. "Border Carbon Ajustment in Europe and Trade Retaliation: What would be the Cost for European Union?," Working Papers 2013-34, CEPII research center.
    32. Andres, Pia, 2023. "Industrial policy and global public goods provision: rethinking the environmental trade agreement," LSE Research Online Documents on Economics 117899, London School of Economics and Political Science, LSE Library.
    33. Mark Sanctuary, 2018. "Border carbon adjustments and unilateral incentives to regulate the climate," Review of International Economics, Wiley Blackwell, vol. 26(4), pages 826-851, September.
    34. Bellora, Cecilia, 2020. "Carbon Border Adjustment and Alternatives," Conference papers 333210, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    35. Francesco Vona, 2018. "Job losses and the political acceptability of climate policies : an amplified collective action problem," SciencePo Working papers Main hal-03458275, HAL.
    36. Penny Mealy & Pete Barbrook-Johnson & Matthew C Ives & Sugandha Srivastav & Cameron Hepburn, 2023. "Sensitive intervention points: a strategic approach to climate action," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 39(4), pages 694-710.
    37. Christopher M. Dent, 2021. "Trade, Climate and Energy: A New Study on Climate Action through Free Trade Agreements," Energies, MDPI, vol. 14(14), pages 1-30, July.
    38. Vale, Petterson Molina, 2016. "The changing climate of climate change economics," Ecological Economics, Elsevier, vol. 121(C), pages 12-19.
    39. Sakai, Marco & Barrett, John, 2016. "Border carbon adjustments: Addressing emissions embodied in trade," Energy Policy, Elsevier, vol. 92(C), pages 102-110.
    40. Noha Elboghdadly & Michael Finus, 2022. "Strategic climate policy with endogenous plant location: The role of border carbon adjustments," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(6), pages 1266-1309, December.
    41. Andres, Pia, 2023. "Industrial policy and global public goods provision: rethinking the environmental trade agreement," LSE Research Online Documents on Economics 117900, London School of Economics and Political Science, LSE Library.

  4. Simon Caney & Cameron Hepburn, 2011. "Carbon trading: unethical, unjust and ineffective?," GRI Working Papers 49, Grantham Research Institute on Climate Change and the Environment.

    Cited by:

    1. Diniz Oliveira, Thais & Costa Gurgel, Angelo & Tonry, Steve, 2021. "Potential trading partners of a brazilian emissions trading scheme: The effects of linking with a developed region (Europe) and two developing regions (Latin America and China)," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    2. Mei Lu & Michael G. Pollitt & Ke Wang & Yi-Ming Wei, 2023. "The incremental impact of China’s carbon trading pilots," Working Papers EPRG2316, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    3. Dominic Roser & Christian Huggel & Markus Ohndorf & Ivo Wallimann-Helmer, 2015. "Advancing the interdisciplinary dialogue on climate justice," Climatic Change, Springer, vol. 133(3), pages 349-359, December.
    4. Clive L. Spash & Hendrik Theine, 2016. "Voluntary Individual Carbon Trading," SRE-Disc sre-disc-2016_04, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    5. Lu & Pollitt, M. G. & Wang, K. & Wei, Y-M., 2023. "The Incremental Impact of China's Carbon," Cambridge Working Papers in Economics 2349, Faculty of Economics, University of Cambridge.
    6. Stiglitz, Joseph E., 2019. "Addressing climate change through price and non-price interventions," European Economic Review, Elsevier, vol. 119(C), pages 594-612.
    7. David Brown & Marion MacLellan, 2020. "A Multiscalar and Justice-Led Analysis of REDD+: A Case Study of theNorwegian–Ethiopian Partnership," Global Environmental Politics, MIT Press, vol. 20(1), pages 11-37, February.
    8. Hennlock, Magnus & Löfgren, Åsa & Sterner, Thomas & Martinsson, Peter, 2018. "Emissions Trading Subject to Kantian Preferences," Working Papers in Economics 718, University of Gothenburg, Department of Economics.
    9. Khaqqi, Khamila Nurul & Sikorski, Janusz J. & Hadinoto, Kunn & Kraft, Markus, 2018. "Incorporating seller/buyer reputation-based system in blockchain-enabled emission trading application," Applied Energy, Elsevier, vol. 209(C), pages 8-19.
    10. Mattauch, Linus & Hepburn, Cameron, 2016. "Climate policy when preferences are endogenous – and sometimes they are," INET Oxford Working Papers 2016-04, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.

  5. Fankhauser, Samuel & Hepburn, Cameron & Park, Jisung, 2011. "Combining multiple climate policy instruments: how not to do it," LSE Research Online Documents on Economics 37573, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Christian de Perthuis & Raphaël Trotignon, 2013. "Governance of CO2 markets: lessons from the EU ETS," Post-Print hal-01504635, HAL.
    2. 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.
    3. Coria, Jessica & Hennlock, Magnus & Sterner, Thomas, 2021. "Interjurisdictional externalities, overlapping policies and NOx pollution control in Sweden," Journal of Environmental Economics and Management, Elsevier, vol. 107(C).
    4. Oskar Lecuyer & Philippe Quirion, 2012. "Can Uncertainty Justify Overlapping Policy Instruments to Mitigate Emissions ?," CIRED Working Papers hal-00866440, HAL.
    5. Todd Gerarden & W. Spencer Reeder & James H. Stock, 2016. "Federal Coal Program Reform, the Clean Power Plan, and the Interaction of Upstream and Downstream Climate Policies," NBER Working Papers 22214, National Bureau of Economic Research, Inc.
    6. Grischa Perino & Robert Ritz & Arthur van Benthem, 2020. "Overlapping Climate Policies," Working Papers EPRG2034, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    7. Qi, Yu & Zhang, Jianshun & Chen, Jianwei, 2023. "Tax incentives, environmental regulation and firms’ emission reduction strategies: Evidence from China," Journal of Environmental Economics and Management, Elsevier, vol. 117(C).
    8. Lehmann, Paul & Gawel, Erik, 2011. "Why should support schemes for renewable electricity complement the EU emissions trading scheme?," UFZ Discussion Papers 5/2011, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    9. Marie Byskov Lindberg, 2019. "The EU Emissions Trading System and Renewable Energy Policies: Friends or Foes in the European Policy Mix?," Politics and Governance, Cogitatio Press, vol. 7(1), pages 105-123.
    10. Hübler, Michael & Schenker, Oliver & Fischer, Carolyn, 2016. "Second-Best Analysis of European Energy Policy: Is One Bird in the Hand Worth Two in the Bush?," Climate Change and Sustainable Development 230918, Fondazione Eni Enrico Mattei (FEEM).
    11. Fabian Herweg & Klaus M Schmidt, 2022. "How to Regulate Carbon Emissions with Climate-Conscious Consumers," The Economic Journal, Royal Economic Society, vol. 132(648), pages 2992-3019.
    12. Coria, Jessica & Hennlock, Magnus & Sterner, Thomas, 2018. "Fiscal Federalism, Interjurisdictional Externalities and Overlapping Policies," Working Papers in Economics 742, University of Gothenburg, Department of Economics.
    13. Lawrence H. Goulder, 2013. "Markets for Pollution Allowances: What Are the (New) Lessons?," Journal of Economic Perspectives, American Economic Association, vol. 27(1), pages 87-102, Winter.
    14. Ambec, Stefan & Coria, Jessica, 2019. "The informational value of environmental taxes," Working Papers in Economics 774, University of Gothenburg, Department of Economics.
    15. Iyer, Gokul C. & Clarke, Leon E. & Edmonds, James A. & Hultman, Nathan E. & McJeon, Haewon C., 2015. "Long-term payoffs of near-term low-carbon deployment policies," Energy Policy, Elsevier, vol. 86(C), pages 493-505.
    16. Strunz, Sebastian & Gawel, Erik & Lehmann, Paul, 2016. "The political economy of renewable energy policies in Germany and the EU," Utilities Policy, Elsevier, vol. 42(C), pages 33-41.
    17. Gonçalves, Jorge & Costa, Manuel Luís, 2022. "The political influence of ecological economics in the European Union applied to the cap-and-trade policy11This research did not receive any specific grant from funding agencies in the public, commerc," Ecological Economics, Elsevier, vol. 195(C).
    18. Bhardwaj, Chandan & Axsen, Jonn & Kern, Florian & McCollum, David, 2020. "Why have multiple climate policies for light-duty vehicles? Policy mix rationales, interactions and research gaps," Transportation Research Part A: Policy and Practice, Elsevier, vol. 135(C), pages 309-326.
    19. Edenhofer, Ottmar & Flachsland, Christian & Kalkuhl, Matthias & Knopf, Brigitte & Pahle, Michael, 2019. "Optionen für eine CO2-Preisreform," Working Papers 04/2019, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.
    20. Robert N. Stavins, 2020. "The Future of US Carbon-Pricing Policy," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 1(1), pages 8-64.
    21. Jun Rentschler & Raimund Bleischwitz & Florian Flachenecker, 2018. "On imperfect competition and market distortions: the causes of corporate under-investment in energy and material efficiency," International Economics and Economic Policy, Springer, vol. 15(1), pages 159-183, January.
    22. Usubiaga, Arkaitz & Acosta-Fernández, José & McDowall, Will & Li, Francis G.N., 2017. "Exploring the macro-scale CO2 mitigation potential of photovoltaics and wind energy in Europe's energy transition," Energy Policy, Elsevier, vol. 104(C), pages 203-213.
    23. Flues, Florens & Löschel, Andreas & Lutz, Benjamin Johannes & Schenker, Oliver, 2013. "Ups and downs: How economic growth affects policy interactions," ZEW Discussion Papers 13-066, ZEW - Leibniz Centre for European Economic Research.
    24. Brita Bye & Kevin R. Kaushal & Orvika Rosnes & Karen Turner & Hidemichi Yonezawa, 2021. "The road to a low emission society. Costs of interacting climate regulations," Discussion Papers 972, Statistics Norway, Research Department.
    25. Jie Wu & Ying Fan & Yan Xia, 2017. "How Can China Achieve Its Nationally Determined Contribution Targets Combining Emissions Trading Scheme and Renewable Energy Policies?," Energies, MDPI, vol. 10(8), pages 1-20, August.
    26. 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.
    27. Alain‐désiré Nimubona & Jean‐christophe Pereau, 2022. "Negotiating over payments for wetland ecosystem services," Post-Print hal-03773091, HAL.
    28. Koch, Nicolas & Fuss, Sabine & Grosjean, Godefroy & Edenhofer, Ottmar, 2014. "Causes of the EU ETS price drop: Recession, CDM, renewable policies or a bit of everything?—New evidence," Energy Policy, Elsevier, vol. 73(C), pages 676-685.
    29. Eckehard Rosenbaum, 2017. "Green Growth—Magic Bullet or Damp Squib?," Sustainability, MDPI, vol. 9(7), pages 1-18, June.
    30. Perino, G. & Ritz, R. & Van Benthem, A., 2019. "Understanding overlapping policies: Internal carbon leakage and the punctured waterbed," Cambridge Working Papers in Economics 1920, Faculty of Economics, University of Cambridge.
    31. Grischa Perino, 2015. "Climate Campaigns, Cap and Trade, and Carbon Leakage: Why Trying to Reduce Your Carbon Footprint Can Harm the Climate," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 2(3), pages 469-495.
    32. Gawel, Erik & Lehmann, Paul & Purkus, Alexandra & Söderholm, Patrik & Witte, Katherina, 2016. "The rationales for technology-specific renewable energy support: Conceptual arguments and their relevance for Germany," UFZ Discussion Papers 4/2016, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    33. Lindberg, Marie Byskov & Markard, Jochen & Andersen, Allan Dahl, 2019. "Policies, actors and sustainability transition pathways: A study of the EU’s energy policy mix," Research Policy, Elsevier, vol. 48(10).
    34. Yves Steinebach, 2022. "Instrument choice, implementation structures, and the effectiveness of environmental policies: A cross‐national analysis," Regulation & Governance, John Wiley & Sons, vol. 16(1), pages 225-242, January.
    35. Filippo Maria D’Arcangelo & Ilai Levin & Alessia Pagani & Mauro Pisu & Åsa Johansson, 2022. "A framework to decarbonise the economy," OECD Economic Policy Papers 31, OECD Publishing.
    36. Knopf, Brigitte & Koch, Nicolas & Grosjean, Godefroy & Fuss, Sabine & Flachsland, Christian & Pahle, Michael & Jakob, Michael & Edenhofer, Ottmar, 2014. "The European Emissions Trading System (EU ETS): Ex-Post Analysis, the Market Stability Reserve and Options for a Comprehensive Reform," Climate Change and Sustainable Development 184856, Fondazione Eni Enrico Mattei (FEEM).
    37. Böhringer, Christoph & Keller, Andreas & Bortolamedi, Markus & Rahmeier Seyffarth, Anelise, 2016. "Good things do not always come in threes: On the excess cost of overlapping regulation in EU climate policy," Energy Policy, Elsevier, vol. 94(C), pages 502-508.
    38. 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.
    39. John Harvey Vargas-Cano & David Tobón-Orozco & Carlos Vasco-Correa, 2023. "The Protection of the Capacity for Resilience in the Provision of Drinking Water from Hybrid Environmental Policy Instruments," Sustainability, MDPI, vol. 15(11), pages 1-17, May.
    40. Jinshan Zhu, 2017. "Assessing China’s price review policy on Clean Development Mechanism projects," European Journal of Law and Economics, Springer, vol. 43(2), pages 285-316, April.
    41. Frédéric Branger & Oskar Lecuyer & Philippe Quirion, 2015. "The European Union Emissions Trading Scheme: should we throw the flagship out with the bathwater?," Post-Print hal-01137875, HAL.
    42. Mutsuyoshi Nishimura, 2015. "A new market‐based climate change solution achieving 2°C and equity," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 4(1), pages 133-138, January.
    43. Zeng, Yingying, 2017. "Indirect double regulation and the carbon ETSs linking: The case of coal-fired generation in the EU and China," Energy Policy, Elsevier, vol. 111(C), pages 268-280.
    44. Stavins, Robert, 2019. "The Future of United States Carbon-Pricing Policy," RFF Working Paper Series 19-11, Resources for the Future.
    45. Paul Lehmann & Jos Sijm & Erik Gawel & Sebastian Strunz & Unnada Chewpreecha & Jean-Francois Mercure & Hector Pollitt, 2019. "Addressing multiple externalities from electricity generation: a case for EU renewable energy policy beyond 2020?," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 21(2), pages 255-283, April.
    46. Rui, Zhaobiao & Peng, Weicai & Qin, Ximei & Wang, Jun, 2023. "Assessing carbon cap-and-trade policies on hybrid renewable energy investments: Implications for pricing and capacity decisions," Resources Policy, Elsevier, vol. 86(PA).
    47. Schmidt, Klaus M. & Herweg, Fabian, 2021. "Prices versus Quantities with Morally Concerned Consumers," Rationality and Competition Discussion Paper Series 272, CRC TRR 190 Rationality and Competition.
    48. Gawel, Erik & Lehmann, Paul & Purkus, Alexandra & Söderholm, Patrik & Witte, Katherina, 2017. "Rationales for technology-specific RES support and their relevance for German policy," Energy Policy, Elsevier, vol. 102(C), pages 16-26.
    49. Florian Flachenecker & Jun Rentschler, 2019. "From barriers to opportunities: Enabling investments in resource efficiency for sustainable development," Public Sector Economics, Institute of Public Finance, vol. 43(4), pages 345-373.
    50. Beat Hintermann & Maja Žarković, 2021. "A carbon horse race: abatement subsidies vs. permit trading in Switzerland," Climate Policy, Taylor & Francis Journals, vol. 21(3), pages 290-306, March.
    51. Krahé, Max & Heidug, Wolf & Ward, John & Smale, Robin, 2013. "From demonstration to deployment: An economic analysis of support policies for carbon capture and storage," Energy Policy, Elsevier, vol. 60(C), pages 753-763.
    52. Hu, Xing & Yu, Shiwei & Fang, Xu & Ovaere, Marten, 2023. "Which combinations of renewable energy policies work better? Insights from policy text synergies in China," Energy Economics, Elsevier, vol. 127(PA).
    53. Gawel, Erik & Strunz, Sebastian & Lehmann, Paul, 2014. "A public choice view on the climate and energy policy mix in the EU — How do the emissions trading scheme and support for renewable energies interact?," Energy Policy, Elsevier, vol. 64(C), pages 175-182.
    54. Drews, Stefan & Exadaktylos, Filippos & van den Bergh, Jeroen C.J.M., 2020. "Assessing synergy of incentives and nudges in the energy policy mix," Energy Policy, Elsevier, vol. 144(C).
    55. Coria, Jessica & Hennlock, Magnus & Sterner, Thomas, 2018. "Fiscal Federalism, Interjurisdictional Externalities, and Overlapping Policies," RFF Working Paper Series 18-23, Resources for the Future.
    56. Marc Gronwald & Janina Ketterer, 2012. "What Moves the European Carbon Market? - Insights from Conditional Jump Models," CESifo Working Paper Series 3795, CESifo.
    57. Gavard, Claire & Voigt, Sebastian & Genty, Aurélien, 2018. "Using emissions trading schemes to reduce heterogeneous distortionary taxes: The case of recycling carbon auction revenues to support renewable energy," ZEW Discussion Papers 18-058, ZEW - Leibniz Centre for European Economic Research.
    58. Schmidt, Klaus & Herweg, Fabian, 2021. "Prices versus Quantities with Morally Concerned Consumers," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242371, Verein für Socialpolitik / German Economic Association.
    59. Luan Santos & Rafael Garaffa & André F. P. Lucena & Alexandre Szklo, 2018. "Impacts of Carbon Pricing on Brazilian Industry: Domestic Vulnerability and International Trade Exposure," Sustainability, MDPI, vol. 10(7), pages 1-19, July.
    60. Spyridaki, N.-A. & Flamos, A., 2014. "A paper trail of evaluation approaches to energy and climate policy interactions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 40(C), pages 1090-1107.
    61. Stéphane Poncin, 2018. "Energy policy tools in Luxembourg - Assessing their impact on households’ space heating energy consumption and CO2 emissions by means of the LuxHEI model," DEM Discussion Paper Series 18-23, Department of Economics at the University of Luxembourg.
    62. Nagel, Niels Oliver & Böhringer, Christoph & Rosendahl, Knut Einar & Bolkesjø, Torjus Folsland, 2023. "Impacts of green deal policies on the Nordic power market," Utilities Policy, Elsevier, vol. 80(C).
    63. Anthony Jackson & Barbara Illsley & William Lynch, 2012. "Fishing From The Same Pool: The Influence Of Environmental Governance On Local Climate Change Actions In Scotland And The Us Pacific Northwest," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 14(02), pages 1-25.
    64. Ortega-Izquierdo, Margarita & del Río, Pablo, 2016. "Benefits and costs of renewable electricity in Europe," Renewable and Sustainable Energy Reviews, Elsevier, vol. 61(C), pages 372-383.

  6. Fankhauser, Samuel & Hepburn, Cameron, 2010. "Designing carbon markets, part I: carbon markets in time," LSE Research Online Documents on Economics 28832, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Fankhauser, Samuel & Hepburn, Cameron & Park, Jisung, 2011. "Combining multiple climate policy instruments: how not to do it," LSE Research Online Documents on Economics 37573, London School of Economics and Political Science, LSE Library.
    2. Liu, Gengyuan & Casazza, Marco & Tian, Xin & Zhang, Yan & Hao, Yan & Zhang, Lixiao & Liang, Sai & Giannetti, Biagio F., 2017. "Tracing the inter-regional coal flows and environmental impacts in Jing-Jin-Ji region," Ecological Modelling, Elsevier, vol. 364(C), pages 98-112.
    3. Doda, Baran & Quemin, Simon & Taschini, Luca, 2019. "Linking permit markets multilaterally," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    4. Holt, Charles A. & Shobe, William, 2015. "Price and Quantity “Collars” for Stabilizing Emissions Allowance Prices: An Experimental Analysis of the EU ETS Market Stability Reserve," RFF Working Paper Series dp-15-29, Resources for the Future.
    5. Richstein, Jörn C. & Chappin, Emile J.L. & de Vries, Laurens J., 2014. "Cross-border electricity market effects due to price caps in an emission trading system: An agent-based approach," Energy Policy, Elsevier, vol. 71(C), pages 139-158.
    6. Wu, Xifeng & Xu, Yuechao & Lou, Yuting & Chen, Yu, 2018. "Low carbon transition in a distributed energy system regulated by localized energy markets," Energy Policy, Elsevier, vol. 122(C), pages 474-485.
    7. Pearse, Rebecca, 2016. "The coal question that emissions trading has not answered," Energy Policy, Elsevier, vol. 99(C), pages 319-328.
    8. Omid Sabbaghi & Navid Sabbaghi, 2017. "The Chicago Climate Exchange and market efficiency: an empirical analysis," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 19(4), pages 711-734, October.
    9. Brauneis, Alexander & Mestel, Roland & Palan, Stefan, 2013. "Inducing low-carbon investment in the electric power industry through a price floor for emissions trading," Energy Policy, Elsevier, vol. 53(C), pages 190-204.
    10. Spencer, Thomas & Marcey, Celine & Colombier, Michel & Guerin, Emmanuel, 2011. "Decarbonizing the EU power sector: policy approaches in the light of current trends and long-term trajectories," MPRA Paper 35009, University Library of Munich, Germany.
    11. Sven Rudolph & Christine Lenz & Barbara Volmert & Achim Lerch, 2011. "Towards Sustainable Carbon Markets: Requirements for Ecologically Effective, Economically Efficient, and Socially Just Emissions Trading Schemes," MAGKS Papers on Economics 201134, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    12. Sven Rudolph & Achim Lerch, 2015. "Just ETS? Social Justice and Recent Reforms in EU and US Carbon Markets," Discussion papers e-15-009, Graduate School of Economics , Kyoto University.
    13. Qi, Shaozhou & Wang, Banban & Zhang, Jihong, 2014. "Policy design of the Hubei ETS pilot in China," Energy Policy, Elsevier, vol. 75(C), pages 31-38.
    14. Vollebergh, Herman & Brink, Corjan & Verdonk, Martijn & Roelfsema, Mark, 2013. "Evaluation of Policy Options to Reform the EU Emissions Trading System - Effects on Carbon Price, Emissions and the Economy," Other publications TiSEM 76a2d0f3-cda8-48e8-a881-d, Tilburg University, School of Economics and Management.
    15. Usubiaga, Arkaitz & Acosta-Fernández, José & McDowall, Will & Li, Francis G.N., 2017. "Exploring the macro-scale CO2 mitigation potential of photovoltaics and wind energy in Europe's energy transition," Energy Policy, Elsevier, vol. 104(C), pages 203-213.
    16. Caiado, Nathália & Guarnieri, Patricia & Xavier, Lúcia Helena & de Lorena Diniz Chaves, Gisele, 2017. "A characterization of the Brazilian market of reverse logistic credits (RLC) and an analogy with the existing carbon credit market," Resources, Conservation & Recycling, Elsevier, vol. 118(C), pages 47-59.
    17. Yang, Wen & Pan, Yanchun & Ma, Jianhua & Yang, Tianyue & Ke, Xiao, 2020. "Effects of allowance allocation rules on green technology investment and product pricing under the cap-and-trade mechanism," Energy Policy, Elsevier, vol. 139(C).
    18. Baran Doda & Simon Quemin & Luca Taschini, 2017. "A Theory of Gains from Trade in Multilaterally Linked ETSs," Working Papers 1706, Chaire Economie du climat.
    19. Richstein, Jörn C. & Chappin, Émile J.L. & de Vries, Laurens J., 2015. "The market (in-)stability reserve for EU carbon emission trading: Why it might fail and how to improve it," Utilities Policy, Elsevier, vol. 35(C), pages 1-18.
    20. Sascha Kollenberg & Luca Taschini, 2015. "The European Union Emissions Trading System and the Market Stability Reserve: Optimal Dynamic Supply Adjustment," CESifo Working Paper Series 5380, CESifo.
    21. Kai Lessmann & Robert Marschinski & Michael Finus & Ulrike Kornek & Ottmar Edenhoferhn, 2012. "Emissions Trading with Non-signatories in a Climate Agreement: An Analysis of Coalition Stability," Department of Economics Working Papers 8/12, University of Bath, Department of Economics.
    22. Chen, Shi & Huang, Fu-Wei & Lin, Jyh-Horng, 2023. "Green technology choices under the cap-and-trade mechanism with insurer green finance in a dragon-king environment," Energy Economics, Elsevier, vol. 117(C).
    23. David F. Perkis & Timothy N. Cason & Wallace E. Tyner, 2016. "An Experimental Investigation of Hard and Soft Price Ceilings in Emissions Permit Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(4), pages 703-718, April.
    24. Mutsuyoshi Nishimura, 2015. "A new market‐based climate change solution achieving 2°C and equity," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 4(1), pages 133-138, January.
    25. Cameron Hepburn & Benito Müller, 2010. "International Air Travel and Greenhouse Gas Emissions: A Proposal for an Adaptation Levy1," The World Economy, Wiley Blackwell, vol. 33(6), pages 830-849, June.
    26. Nicholas Howarth, 2011. "Clean Energy Technology and the Role of Non-Carbon Price-Based Policy: An Evolutionary Economics Perspective," European Planning Studies, Taylor & Francis Journals, vol. 20(5), pages 871-891, October.
    27. Ulrike Kornek & Jan Christoph Steckel & Kai Lessmann & Ottmar Edenhofer, 2017. "The climate rent curse: new challenges for burden sharing," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(6), pages 855-882, December.
    28. Simon Quemin & Christian de Perthuis, 2017. "Transitional Restricted Linkage between Emissions Trading Schemes," Policy Papers 2017.09, FAERE - French Association of Environmental and Resource Economists.
    29. John F. Raffensperger, 2020. "A price on warming with a supply chain directed market," Papers 2003.05114, arXiv.org, revised Mar 2021.
    30. Thomas Spencer & Dora Fazekas & Simone Cooper & Tim Laing, 2012. "East-West Regional Dimensions in European Climate Policy," WIFO Studies, WIFO, number 44535, February.
    31. Blanco, Christian C. & Caro, Felipe & Corbett, Charles J., 2020. "Do carbon abatement opportunities become less profitable over time? A global firm-level perspective using CDP data," Energy Policy, Elsevier, vol. 138(C).
    32. Claudia Kettner & Angela Köppl & Stefan Schleicher, 2012. "Carbon Authority as Price Stabilising Institution in the EU ETS," WIFO Studies, WIFO, number 44536, February.

  7. Cameron Hepburn & John Ward, 2010. "Should Emerging Market Economies Act on Climate Change, or Wait?," Papers Presented at Global Meetings of the Emerging Markets Forum 2010climate, Emerging Markets Forum.

    Cited by:

    1. John Ward & Cameron Hepburn & David Anthoff & Simon Baptist & Philip Gradwell & Chris Hope & Max Krahé, 2012. "Self-interested Low-carbon Growth in Brazil, China, and India," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 4(3), pages 291-318, September.
    2. Alexander Pfeiffer & Cameron Hepburn, 2016. "Facing the Challenge of Climate Change," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 8(2), pages 201-215, May.
    3. Matthew Lockwood, 2015. "Fossil Fuel Subsidy Reform, Rent Management and Political Fragmentation in Developing Countries," New Political Economy, Taylor & Francis Journals, vol. 20(4), pages 475-494, August.
    4. Rajag M. Nag & Johannes F. Linn & Harinder S. Kohli (ed.), 2016. "Central Asia 2050: Unleashing the Region's Potential," Books, Emerging Markets Forum, edition 1, number centasia2050, May.
    5. Frame, David J. & Hepburn, Cameron, 2011. "Emerging markets and climate change: Mexican standoff or low-carbon race?," LSE Research Online Documents on Economics 37583, London School of Economics and Political Science, LSE Library.
    6. Howes, Stephen & Wyrwoll, Paul, 2012. "Climate Change Mitigation and Green Growth in Developing Asia," ADBI Working Papers 369, Asian Development Bank Institute.

  8. Dietz, Simon & Hepburn, Cameron, 2010. "On non-marginal cost-benefit analysis," LSE Research Online Documents on Economics 37591, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. David Hendry, 2010. "Climate Change: Lessons for our Future from the Distant Past," Economics Series Working Papers 485, University of Oxford, Department of Economics.
    2. Ceronsky, Megan & Anthoff, David & Hepburn, Cameron & Tol, Richard S. J., 2011. "Checking the Price Tag on Catastrophe: The Social Cost of Carbon Under Non-linear Climate Response," Papers WP392, Economic and Social Research Institute (ESRI).
    3. Cameron Hepburn & Benito Müller, 2010. "International Air Travel and Greenhouse Gas Emissions: A Proposal for an Adaptation Levy1," The World Economy, Wiley Blackwell, vol. 33(6), pages 830-849, June.
    4. Ian Bateman & Georgina Mace & Carlo Fezzi & Giles Atkinson & Kerry Turner, 2011. "Economic Analysis for Ecosystem Service Assessments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(2), pages 177-218, February.
    5. Koen Vermeylen, 2013. "Non-Marginal Cost-Benefit Analysis and the Tyranny of Discounting," Tinbergen Institute Discussion Papers 13-203/VI, Tinbergen Institute.

  9. Hepburn, Cameron & Fankhauser, Samuel, 2010. "Designing carbon markets, part II: carbon markets in space," LSE Research Online Documents on Economics 28833, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Fankhauser, Samuel & Hepburn, Cameron & Park, Jisung, 2011. "Combining multiple climate policy instruments: how not to do it," LSE Research Online Documents on Economics 37573, London School of Economics and Political Science, LSE Library.
    2. Estelle Cantillon & Aurélie Slechten, 2023. "Market Design for the Environment," NBER Chapters, in: New Directions in Market Design, National Bureau of Economic Research, Inc.
    3. Liu, Gengyuan & Casazza, Marco & Tian, Xin & Zhang, Yan & Hao, Yan & Zhang, Lixiao & Liang, Sai & Giannetti, Biagio F., 2017. "Tracing the inter-regional coal flows and environmental impacts in Jing-Jin-Ji region," Ecological Modelling, Elsevier, vol. 364(C), pages 98-112.
    4. Doda, Baran & Quemin, Simon & Taschini, Luca, 2019. "Linking permit markets multilaterally," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    5. Holt, Charles A. & Shobe, William, 2015. "Price and Quantity “Collars” for Stabilizing Emissions Allowance Prices: An Experimental Analysis of the EU ETS Market Stability Reserve," RFF Working Paper Series dp-15-29, Resources for the Future.
    6. Richstein, Jörn C. & Chappin, Emile J.L. & de Vries, Laurens J., 2014. "Cross-border electricity market effects due to price caps in an emission trading system: An agent-based approach," Energy Policy, Elsevier, vol. 71(C), pages 139-158.
    7. Wu, Xifeng & Xu, Yuechao & Lou, Yuting & Chen, Yu, 2018. "Low carbon transition in a distributed energy system regulated by localized energy markets," Energy Policy, Elsevier, vol. 122(C), pages 474-485.
    8. Pearse, Rebecca, 2016. "The coal question that emissions trading has not answered," Energy Policy, Elsevier, vol. 99(C), pages 319-328.
    9. Omid Sabbaghi & Navid Sabbaghi, 2017. "The Chicago Climate Exchange and market efficiency: an empirical analysis," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 19(4), pages 711-734, October.
    10. Brauneis, Alexander & Mestel, Roland & Palan, Stefan, 2013. "Inducing low-carbon investment in the electric power industry through a price floor for emissions trading," Energy Policy, Elsevier, vol. 53(C), pages 190-204.
    11. Sven Rudolph & Christine Lenz & Barbara Volmert & Achim Lerch, 2011. "Towards Sustainable Carbon Markets: Requirements for Ecologically Effective, Economically Efficient, and Socially Just Emissions Trading Schemes," MAGKS Papers on Economics 201134, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    12. Sven Rudolph & Achim Lerch, 2015. "Just ETS? Social Justice and Recent Reforms in EU and US Carbon Markets," Discussion papers e-15-009, Graduate School of Economics , Kyoto University.
    13. Qi, Shaozhou & Wang, Banban & Zhang, Jihong, 2014. "Policy design of the Hubei ETS pilot in China," Energy Policy, Elsevier, vol. 75(C), pages 31-38.
    14. Vollebergh, Herman & Brink, Corjan & Verdonk, Martijn & Roelfsema, Mark, 2013. "Evaluation of Policy Options to Reform the EU Emissions Trading System - Effects on Carbon Price, Emissions and the Economy," Other publications TiSEM 76a2d0f3-cda8-48e8-a881-d, Tilburg University, School of Economics and Management.
    15. Usubiaga, Arkaitz & Acosta-Fernández, José & McDowall, Will & Li, Francis G.N., 2017. "Exploring the macro-scale CO2 mitigation potential of photovoltaics and wind energy in Europe's energy transition," Energy Policy, Elsevier, vol. 104(C), pages 203-213.
    16. Caiado, Nathália & Guarnieri, Patricia & Xavier, Lúcia Helena & de Lorena Diniz Chaves, Gisele, 2017. "A characterization of the Brazilian market of reverse logistic credits (RLC) and an analogy with the existing carbon credit market," Resources, Conservation & Recycling, Elsevier, vol. 118(C), pages 47-59.
    17. Yang, Wen & Pan, Yanchun & Ma, Jianhua & Yang, Tianyue & Ke, Xiao, 2020. "Effects of allowance allocation rules on green technology investment and product pricing under the cap-and-trade mechanism," Energy Policy, Elsevier, vol. 139(C).
    18. Baran Doda & Simon Quemin & Luca Taschini, 2017. "A Theory of Gains from Trade in Multilaterally Linked ETSs," Working Papers 1706, Chaire Economie du climat.
    19. Richstein, Jörn C. & Chappin, Émile J.L. & de Vries, Laurens J., 2015. "The market (in-)stability reserve for EU carbon emission trading: Why it might fail and how to improve it," Utilities Policy, Elsevier, vol. 35(C), pages 1-18.
    20. Sascha Kollenberg & Luca Taschini, 2015. "The European Union Emissions Trading System and the Market Stability Reserve: Optimal Dynamic Supply Adjustment," CESifo Working Paper Series 5380, CESifo.
    21. Kai Lessmann & Robert Marschinski & Michael Finus & Ulrike Kornek & Ottmar Edenhoferhn, 2012. "Emissions Trading with Non-signatories in a Climate Agreement: An Analysis of Coalition Stability," Department of Economics Working Papers 8/12, University of Bath, Department of Economics.
    22. Chen, Shi & Huang, Fu-Wei & Lin, Jyh-Horng, 2023. "Green technology choices under the cap-and-trade mechanism with insurer green finance in a dragon-king environment," Energy Economics, Elsevier, vol. 117(C).
    23. David F. Perkis & Timothy N. Cason & Wallace E. Tyner, 2016. "An Experimental Investigation of Hard and Soft Price Ceilings in Emissions Permit Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(4), pages 703-718, April.
    24. Mutsuyoshi Nishimura, 2015. "A new market‐based climate change solution achieving 2°C and equity," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 4(1), pages 133-138, January.
    25. Cameron Hepburn & Benito Müller, 2010. "International Air Travel and Greenhouse Gas Emissions: A Proposal for an Adaptation Levy1," The World Economy, Wiley Blackwell, vol. 33(6), pages 830-849, June.
    26. Nicholas Howarth, 2011. "Clean Energy Technology and the Role of Non-Carbon Price-Based Policy: An Evolutionary Economics Perspective," European Planning Studies, Taylor & Francis Journals, vol. 20(5), pages 871-891, October.
    27. Ulrike Kornek & Jan Christoph Steckel & Kai Lessmann & Ottmar Edenhofer, 2017. "The climate rent curse: new challenges for burden sharing," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(6), pages 855-882, December.
    28. Simon Quemin & Christian de Perthuis, 2017. "Transitional Restricted Linkage between Emissions Trading Schemes," Policy Papers 2017.09, FAERE - French Association of Environmental and Resource Economists.
    29. Thomas Spencer & Dora Fazekas & Simone Cooper & Tim Laing, 2012. "East-West Regional Dimensions in European Climate Policy," WIFO Studies, WIFO, number 44535, February.
    30. Xiao Yang & Wen Jia & Kedan Wang & Geng Peng, 2024. "Does the National Carbon Emissions Trading Market Promote Corporate Environmental Protection Investment? Evidence from China," Sustainability, MDPI, vol. 16(1), pages 1-22, January.
    31. Blanco, Christian C. & Caro, Felipe & Corbett, Charles J., 2020. "Do carbon abatement opportunities become less profitable over time? A global firm-level perspective using CDP data," Energy Policy, Elsevier, vol. 138(C).

  10. Fankhauser, Samuel & Hepburn, Cameron, 2009. "Carbon markets in space and time," LSE Research Online Documents on Economics 37606, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Fankhauser, Samuel & Martin, Nat, 2010. "The economics of the CDM levy: Revenue potential, tax incidence and distortionary effects," Energy Policy, Elsevier, vol. 38(1), pages 357-363, January.
    2. Sam Fankhauser & Cameron Hepburn, 2009. "Carbon markets in space and time," GRI Working Papers 3, Grantham Research Institute on Climate Change and the Environment.
    3. Simon Dietz & Samuel Fankhauser, 2010. "Environmental prices, uncertainty, and learning," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(2), pages 270-284, Summer.
    4. Longfei He & Chenglin Hu & Daozhi Zhao & Haili Lu & Xiaoxi Fu & Yiyu Li, 2016. "Carbon emission mitigation through regulatory policies and operations adaptation in supply chains: theoretic developments and extensions," 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. 84(1), pages 179-207, November.
    5. Perdan, Slobodan & Azapagic, Adisa, 2011. "Carbon trading: Current schemes and future developments," Energy Policy, Elsevier, vol. 39(10), pages 6040-6054, October.
    6. Boaitey, Albert & Goddard, Ellen & Mohapatra, Sandeep, 2019. "Environmentally friendly breeding, spatial heterogeneity and effective carbon offset design in beef cattle," Food Policy, Elsevier, vol. 84(C), pages 35-45.
    7. Brinkman, Marcel & Fankhauser, Samuel & Irons, Ben & Weyers, Stephan, 2009. "The carbon market in 2020: volumes, prices and gains from trade," LSE Research Online Documents on Economics 37614, London School of Economics and Political Science, LSE Library.
    8. Bowen, Alex & Stern, Nicholas, 2010. "Environmental policy and the economic downturn," LSE Research Online Documents on Economics 37589, London School of Economics and Political Science, LSE Library.
    9. Ilya Kuzminov & Dirk Meissner & Alina Lavrynenko & Elena Tochilina, 2018. "Technology Classification for the Purposes of Futures Studies," HSE Working papers WP BRP 78/STI/2018, National Research University Higher School of Economics.
    10. Andreas A. Papandreou, 2015. "The Great Recession and the transition to a low-carbon economy," Working papers wpaper88, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.

  11. Atkinson, Giles D. & Dietz, Simon & Helgeson, Jennifer & Hepburn, Cameron & Sælen, Håkon, 2009. "Siblings, not triplets: social preferences for risk, inequality and time in discounting climate change," Economics Discussion Papers 2009-14, Kiel Institute for the World Economy (IfW Kiel).

    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. Dorian Jullien, 2016. "Under Uncertainty, Over Time and Regarding Other People: Rationality in 3D," GREDEG Working Papers 2016-20, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    3. Michael Spackman, 2013. "Government Time Discounting and Required Rates of Return: UK History and Current Issues," Economic Affairs, Wiley Blackwell, vol. 33(2), pages 190-206, June.
    4. 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.
    5. Richard S. J. Tol, 2015. "Economic impacts of climate change," Working Paper Series 7515, Department of Economics, University of Sussex Business School.
    6. Massimo Florio & Silvia Vignetti, 2008. "Building a bridge across CBA traditions: the contribution of EU Regional Policy," Working Papers 200908, CSIL Centre for Industrial Studies.
    7. 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.
    8. Bartolini, Stefano & Sarracino, Francesco, 2021. "Happier and Sustainable. Possibilities for a post-growth society," MPRA Paper 108309, University Library of Munich, Germany.
    9. Eydam, Ulrich & Diluiso, Francesca, 2022. "How to Redistribute the Revenues from Climate Policy? A Dynamic Perspective with Heterogeneous Households," VfS Annual Conference 2022 (Basel): Big Data in Economics 264076, Verein für Socialpolitik / German Economic Association.
    10. Richard S. J. Tol, 2015. "Modified Ramsey Discounting for Climate Change," CESifo Working Paper Series 5588, CESifo.
    11. Loïc Berger & Johannes Emmerling, 2017. "Welfare as Simple(x) Equity Equivalents," Working Papers 2017.14, Fondazione Eni Enrico Mattei.
    12. Frank Ackerman & Elizabeth Stanton & Ramón Bueno, 2013. "Epstein–Zin Utility in DICE: Is Risk Aversion Irrelevant to Climate Policy?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(1), pages 73-84, September.
    13. Stéphane Zuber & Marc Fleurbaey, 2015. "Discounting, beyond Utilitarianism," PSE-Ecole d'économie de Paris (Postprint) hal-01300618, HAL.
    14. Charles Van-Hein Sackey & Destenie Nock & Christine Cao & Daniel Armanios & Alex Davis, 2023. "Incorporating Elicited Preferences for Equality into Electricity System Planning Modeling," Sustainability, MDPI, vol. 15(23), pages 1-21, November.
    15. Mark A. Moore & Anthony E. Boardman & Aidan R. Vining, 2020. "Social Discount Rates for Seventeen Latin American Countries: Theory and Parameter Estimation," Public Finance Review, , vol. 48(1), pages 43-71, January.
    16. Marc Fleurbaey & Stéphane Zuber, 2021. "Universal social welfare orderings and risk," Post-Print halshs-03289160, HAL.
    17. Dorian Jullien, 2018. "Under Risk, Over Time, Regarding Other People: Language and Rationality within Three Dimensions," Research in the History of Economic Thought and Methodology, in: Including a Symposium on Latin American Monetary Thought: Two Centuries in Search of Originality, volume 36, pages 119-155, Emerald Group Publishing Limited.
    18. 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.
    19. Michael Spackman, 2011. "Government discounting controversies: the valuation of social time preference," GRI Working Papers 68, Grantham Research Institute on Climate Change and the Environment.
    20. Dorian Jullien, 2019. "Under Risk, Over Time and Regarding Other People: Rationality Across Three Dimensions," Working Papers hal-03233897, HAL.
    21. BRECHET, Thierry & THENIE, Julien & ZEIMES, Thibaut & ZUBER, Stéphane, 2010. "The benefits of cooperation under uncertainty: the case of climate change," LIDAM Discussion Papers CORE 2010062, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    22. Dietz, Simon & Hepburn, Cameron, 2013. "Benefit–cost analysis of non-marginal climate and energy projects," Energy Economics, Elsevier, vol. 40(C), pages 61-71.
    23. Richard S. J. Tol, 2010. "International Inequity Aversion And The Social Cost Of Carbon," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 1(01), pages 21-32.
    24. Bartolini, Stefano & Sarracino, Francesco, 2018. "Do People Care About Future Generations? Derived Preferences from Happiness Data," Ecological Economics, Elsevier, vol. 143(C), pages 253-275.
    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. 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.
    27. Yohe, Gary W. & Tol, Richard S. J. & Anthoff, David, 2009. "Discounting for Climate Change," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-22.
    28. 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.
    29. Nock, Destenie & Levin, Todd & Baker, Erin, 2020. "Changing the policy paradigm: A benefit maximization approach to electricity planning in developing countries," Applied Energy, Elsevier, vol. 264(C).
    30. Ulrich Eydam & Francesca Diluiso, 2022. "How to Redistribute the Revenues from Climate Policy? A Dynamic Perspective with Financially Constrained Households," CEPA Discussion Papers 45, Center for Economic Policy Analysis.
    31. Kousky, Carolyn & Kopp, Robert E. & Cooke, Roger M., 2011. "Risk premia and the social cost of carbon: A review," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 5, pages 1-24.
    32. Frame, David J. & Hepburn, Cameron, 2011. "Emerging markets and climate change: Mexican standoff or low-carbon race?," LSE Research Online Documents on Economics 37583, London School of Economics and Political Science, LSE Library.
    33. 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.
    34. 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.
    35. 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.
    36. 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.
    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. Jinchi Dong & Richard S. J. Tol & Fangzhi Wang, 2024. "Towards a representative social cost of carbon," Papers 2404.04989, arXiv.org.
    40. 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.
    41. 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).

  12. Cameron Hepburn & John K.-H. Quah & Robert A. Ritz, 2008. "Emissions Trading with Profit-Neutral Permit Allocations," Economics Papers 2008-W12, Economics Group, Nuffield College, University of Oxford.

    Cited by:

    1. Robert Ritz, 2021. "Global carbon price asymmetry," Working Papers EPRG2116, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    2. Dieter Helm & Cameron Hepburn & Giovanni Ruta, 2012. "Trade, climate change, and the political game theory of border carbon adjustments," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 28(2), pages 368-394, SUMMER.
    3. Fankhauser, Samuel & Hepburn, Cameron & Park, Jisung, 2011. "Combining multiple climate policy instruments: how not to do it," LSE Research Online Documents on Economics 37573, London School of Economics and Political Science, LSE Library.
    4. Nowakowski, Adam & Oswald, Andrew J., 2020. "Do Europeans Care about Climate Change? An Illustration of the Importance of Data on Human Feelings," IZA Discussion Papers 13660, Institute of Labor Economics (IZA).
    5. Koch, Nicolas & Basse Mama, Houdou, 2019. "Does the EU Emissions Trading System induce investment leakage? Evidence from German multinational firms," Energy Economics, Elsevier, vol. 81(C), pages 479-492.
    6. King, Maia & Tarbush, Bassel & Teytelboym, Alexander, 2019. "Targeted carbon tax reforms," European Economic Review, Elsevier, vol. 119(C), pages 526-547.
    7. Clémence Christin & Jean-Philippe Nicolai & Jerome Pouyet, 2013. "Pollution Permits, Imperfect Competition and Abatement Technologies," CER-ETH Economics working paper series 13/186, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    8. Bruno Lanz & Sebastian Rausch, 2015. "Emissions Trading in the Presence of Price-Regulated Polluting Firms: How Costly Are Free Allowances?," CIES Research Paper series 34-2015, Centre for International Environmental Studies, The Graduate Institute.
    9. Beat Hintermann & Maja Žarković & Corrado Di Maria & Ulrich J. Wagner, 2020. "The Effect of Climate Policy on Productivity and Cost Pass-Through in the German Manufacturing Sector," CRC TR 224 Discussion Paper Series crctr224_2020_249, University of Bonn and University of Mannheim, Germany.
    10. Genakos, Christos & Grey, Felix & Ritz, Robert, 2020. "GENERALIZED LINEAR COMPETITION: From pass-through to policy," CEPR Discussion Papers 15127, C.E.P.R. Discussion Papers.
    11. Schmidt, Robert C. & Heitzig, Jobst, 2014. "Carbon leakage: Grandfathering as an incentive device to avert firm relocation," Journal of Environmental Economics and Management, Elsevier, vol. 67(2), pages 209-223.
    12. Cathrine Hagem & Michael Olaf Hoel & Thomas Sterner, 2020. "Refunding Emission Payments: Output-Based versus Expenditure-Based Refunding," CESifo Working Paper Series 8364, CESifo.
    13. Jean-Philippe Nicolaï, 2015. "Emission Reduction and Profit-Neutral Permit Allocations," CER-ETH Economics working paper series 15/224, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    14. Tang, Ling & Wang, Haohan & Li, Ling & Yang, Kaitong & Mi, Zhifu, 2020. "Quantitative models in emission trading system research: A literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).
    15. Schmidt, Robert & Pollrich, Martin & Stiel, Caroline, 2013. "An optimal incentive contract to avert firm relocation under unilateral environmental regulation," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79741, Verein für Socialpolitik / German Economic Association.
    16. Nicolaï, Jean-Philippe, 2019. "Emission reduction and profit-neutral permit allocations," Journal of Environmental Economics and Management, Elsevier, vol. 93(C), pages 239-253.
    17. Antoci, Angelo & Borghesi, Simone & Iannucci, Gianluca & Sodini, Mauro, 2021. "Should I stay or should I go? Carbon leakage and ETS in an evolutionary model," Energy Economics, Elsevier, vol. 103(C).
    18. Aleksandar Zaklan, 2023. "Coase and Cap-and-Trade: Evidence on the Independence Property from the European Carbon Market," American Economic Journal: Economic Policy, American Economic Association, vol. 15(2), pages 526-558, May.
    19. Robert A. Ritz, 2009. "Carbon leakage under incomplete environmental regulation: An industry-level approach," Economics Series Working Papers 461, University of Oxford, Department of Economics.
    20. Nowakowski, Adam & Oswald, Andrew J, 2020. "Do Europeans Care about Climate Change? An Illustration of the Importance of Data on Human Feelings," CAGE Online Working Paper Series 510, Competitive Advantage in the Global Economy (CAGE).
    21. Grey, Felix, 2018. "Corporate lobbying for environmental protection," Journal of Environmental Economics and Management, Elsevier, vol. 90(C), pages 23-40.
    22. Jean-Philippe Nicolaï & Jorge Zamorano, 2018. "Windfall Profits Under Pollution Permits and Output-Based Allocation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 69(4), pages 661-691, April.
    23. Ritz, R., 2022. "Carbon pricing and industrial competitiveness: Border adjustment or free allocation?," Cambridge Working Papers in Economics 2234, Faculty of Economics, University of Cambridge.
    24. Mattauch, Linus & Hepburn, Cameron, 2016. "Climate policy when preferences are endogenous – and sometimes they are," INET Oxford Working Papers 2016-04, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.

  13. Cameron Hepburn & Hakon Sælen & Giles Atkinson & Simon Dietz, 2008. "Risk, inequality and time in the welfare economics of climate change: is the workhorse model underspecified?," Economics Series Working Papers 400, University of Oxford, Department of Economics.

    Cited by:

    1. Richard S. J. Tol, 2015. "Economic impacts of climate change," Working Paper Series 7515, Department of Economics, University of Sussex Business School.
    2. Malafry, Laurence & Brinca, Pedro, 2022. "Climate policy in an unequal world: Assessing the cost of risk on vulnerable households," Ecological Economics, Elsevier, vol. 194(C).
    3. Venmans, Frank & Groom, Ben, 2021. "Social discounting, inequality aversion, and the environment," LSE Research Online Documents on Economics 110739, London School of Economics and Political Science, LSE Library.
    4. Anthoff, David, 2009. "Optimal Global Dynamic Carbon Taxation," Papers WP278, Economic and Social Research Institute (ESRI).

  14. David Anthoff & Cameron Hepburn & Richard S.J. Tol, 2006. "Equity weighting and the marginal damage costs of climate change," Working Papers FNU-121, Research unit Sustainability and Global Change, Hamburg University, revised Dec 2006.

    Cited by:

    1. Anderson, Blake & M'Gonigle, Michael, 2012. "Does ecological economics have a future?," Ecological Economics, Elsevier, vol. 84(C), pages 37-48.
    2. David Anthoff & Robert Nicholls & Richard Tol, 2010. "The economic impact of substantial sea-level rise," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 15(4), pages 321-335, April.
    3. Pattison-Williams, John K. & Yang, Wanhong & Liu, Yongbo & Gabor, Shane, 2017. "Riparian wetland conservation: A case study of phosphorous and social return on investment in the Black River watershed," Ecosystem Services, Elsevier, vol. 26(PB), pages 400-410.
    4. Elizabeth Kopits & Alex L. Marten & Ann Wolverton, 2013. "Moving Forward with Incorporating "Catastrophic" Climate Change into Policy Analysis," NCEE Working Paper Series 201301, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Jan 2013.
    5. 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.
    6. Snorre Kverndokk & Adam Rose, 2008. "Equity and Justice in Global Warming Policy," Working Papers 2008.80, Fondazione Eni Enrico Mattei.
    7. Richard S. J. Tol, 2015. "Economic impacts of climate change," Working Paper Series 7515, Department of Economics, University of Sussex Business School.
    8. Disa Asplund, 2019. "Combining discounting and distributional weights. Lessons from climate change economic assessments," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(1), pages 181-201.
    9. Pietrapertosa, F. & Cosmi, C. & Di Leo, S. & Loperte, S. & Macchiato, M. & Salvia, M. & Cuomo, V., 2010. "Assessment of externalities related to global and local air pollutants with the NEEDS-TIMES Italy model," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(1), pages 404-412, January.
    10. Delucchi, Mark A. & McCubbin, Donald R., 2010. "External Costs of Transport in the U.S," Institute of Transportation Studies, Working Paper Series qt13n8v8gq, Institute of Transportation Studies, UC Davis.
    11. Jens Abildtrup & Jette Bredahl Jacobsen & Suzanne Elizabeth Vedel & Udo Mantau & Robert Mavsar & Davide Pettenella & Irina Prokofieva & Florian Schubert & Anne Stenger & Elsa Varela & Enrico Vidale & , 2023. "Preferences for climate change policies: the role of co-benefits," Post-Print hal-04132398, HAL.
    12. Bas Jacobs & Rick van der Ploeg, 2017. "Should Pollution Taxes be Targeted at Income Redistribution?," CESifo Working Paper Series 6599, CESifo.
    13. 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.
    14. Waldhoff, Stephanie & Anthoff, David & Rose, Steven & Tol, Richard S. J., 2011. "The marginal damage costs of different greenhouse gases: An application of FUND," Economics Discussion Papers 2011-43, Kiel Institute for the World Economy (IfW Kiel).
    15. Pattison-Williams, John K. & Pomeroy, John W. & Badiou, Pascal & Gabor, Shane, 2018. "Wetlands, Flood Control and Ecosystem Services in the Smith Creek Drainage Basin: A Case Study in Saskatchewan, Canada," Ecological Economics, Elsevier, vol. 147(C), pages 36-47.
    16. Ingmar Schumacher, 2014. "The Aggregation Dilemma," Working Papers 2014-224, Department of Research, Ipag Business School.
    17. Robert D. Cairns & Stellio Del Campo & Vincent Martinet, 2021. "Intragenerational Inequality Aversion and Intergenerational Equity," CESifo Working Paper Series 8941, CESifo.
    18. 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.
    19. 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.
    20. Narita, Daiju & Tol, Richard S. J. & Anthoff, David, 2009. "International Climate Policy and Regional Welfare Weights," Papers WP332, Economic and Social Research Institute (ESRI).
    21. Chris Hope, 2013. "Critical issues for the calculation of the social cost of CO 2 : why the estimates from PAGE09 are higher than those from PAGE2002," Climatic Change, Springer, vol. 117(3), pages 531-543, April.
    22. Francis Dennig, 2018. "Climate change and the re-evaluation of cost-benefit analysis," Climatic Change, Springer, vol. 151(1), pages 43-54, November.
    23. Richard S. J. Tol, 2015. "Modified Ramsey Discounting for Climate Change," CESifo Working Paper Series 5588, CESifo.
    24. Zerrahn, Alexander, 2017. "Wind Power and Externalities," Ecological Economics, Elsevier, vol. 141(C), pages 245-260.
    25. Vito Frontuto & Silvana Dalmazzone & Francesco Salcuni & Alessandro Pezzoli, 2020. "Risk Aversion, Inequality and Economic Evaluation of Flood Damages: A Case Study in Ecuador," Sustainability, MDPI, vol. 12(23), pages 1-17, December.
    26. Lea Skræp Svenningsen & Bo Jellesmark Thorsen, 2017. "Preferences for distributional impacts of climate policy," IFRO Working Paper 2017/10, University of Copenhagen, Department of Food and Resource Economics.
    27. Michael Finus & Bianca Rundshagen & Johan Eyckmans, 2014. "Simulating a sequential coalition formation process for the climate change problem: first come, but second served?," Annals of Operations Research, Springer, vol. 220(1), pages 5-23, September.
    28. Luke Brander & El Hadji Fall & Rainer Friedrich & Onno Kuik & Kristin Magnussen & Stefan Hirschberg, 2010. "External Costs," Chapters, in: Anil Markandya & Andrea Bigano & Roberto Porchia (ed.), The Social Cost of Electricity, chapter 1, Edward Elgar Publishing.
    29. Anthoff, David & Tol, Richard S. J., 2011. "The Uncertainty about the Social Cost of Carbon: A Decomposition Analysis Using FUND," Papers WP404, Economic and Social Research Institute (ESRI).
    30. Christine Schleupner & P. Michael Link, 2007. "Potential impacts on important bird habitats in Eiderstedt (Schleswig-Holstein) caused by agricultural land use changes," Working Papers FNU-138, Research unit Sustainability and Global Change, Hamburg University, revised Jun 2007.
    31. Panzone, Luca & Perino, Grischa & Swanson, Timothy & Leung, Denise, 2011. "Testing for the Best Instrument to Generate Sustainable Food Consumption," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 2(3), pages 1-16, December.
    32. Malafry, Laurence & Brinca, Pedro, 2022. "Climate policy in an unequal world: Assessing the cost of risk on vulnerable households," Ecological Economics, Elsevier, vol. 194(C).
    33. Beilei Cai & Trudy Cameron & Geoffrey Gerdes, 2010. "Distributional Preferences and the Incidence of Costs and Benefits in Climate Change Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(4), pages 429-458, August.
    34. Moritz A. Drupp & Ulrike Kornek & Jasper N. Meya & Lutz Sager, 2021. "Inequality and the Environment: The Economics of a Two-Headed Hydra," CESifo Working Paper Series 9447, CESifo.
    35. Zuber, Stéphane & Fleurbaey, Marc, 2019. "Discounting and Intergenerational Ethics," SocArXiv xjhkp, Center for Open Science.
    36. Wolfgang Buchholz & Cornelia Ohl & Aneta Ufert, 2012. "Ökonomische Blickwinkel auf Gerechtigkeitsfragen am Beispiel des globalen Klimaschutzes," Discussion Paper Series RECAP15 001, RECAP15, European University Viadrina, Frankfurt (Oder).
    37. Richard S.J. Tol, 2012. "Targets for Global Climate Policy: An Overview," Working Paper Series 3712, Department of Economics, University of Sussex Business School.
    38. Rick van der Ploeg & Johannes Emmerling & Ben Groom, 2022. "The Social Cost of Carbon with Intragenerational Inequality under Economic Uncertainty," CESifo Working Paper Series 9777, CESifo.
    39. David Anthoff & Johannes Emmerling, 2019. "Inequality and the Social Cost of Carbon," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 6(2), pages 243-273.
    40. David Anthoff & Robert J. Nicholls & Richard S.J. Tol, 2007. "Sea Level Rise And Equity Weighting," Working Papers FNU-136, Research unit Sustainability and Global Change, Hamburg University, revised May 2007.
    41. Mark Delucchi & Don McCubbin, 2011. "External Costs of Transport in the United States," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 15, Edward Elgar Publishing.
    42. Fleurbaey, Marc & Zuber, Stéphane, 2015. "Discounting, risk and inequality: A general approach," Journal of Public Economics, Elsevier, vol. 128(C), pages 34-49.
    43. David Anthoff & Richard S. J. Tol, 2008. "On International Equity Weights and National Decision Making on Climate Change," CESifo Working Paper Series 2373, CESifo.
    44. Pushpam Kumar & Uwe A. Schneider, 2008. "Greenhouse gas emission mitigation through agriculture," Working Papers FNU-155, Research unit Sustainability and Global Change, Hamburg University, revised Feb 2008.
    45. Mackenzie, S.G. & Wallace, M. & Kyriazakis, I., 2017. "How effective can environmental taxes be in reducing the environmental impact of pig farming systems?," Agricultural Systems, Elsevier, vol. 152(C), pages 131-144.
    46. van der Ploeg, Frederick & Emmerling, Johannes & Groom, Ben, 2023. "The social cost of carbon with intragenerational inequality and economic uncertainty," LSE Research Online Documents on Economics 117901, London School of Economics and Political Science, LSE Library.
    47. Jochem, Patrick & Doll, Claus & Fichtner, Wolf, 2016. "External costs of electric vehicles," MPRA Paper 91602, University Library of Munich, Germany.
    48. Alex Schmitt, 2018. "Optimal Carbon Pricing and Income Taxation Without Commitment," ifo Working Paper Series 274, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    49. Niall Farrell & Stefano Ceolotto, 2024. "Keeping our heads above water: Spatially heterogeneous social vulnerabilities and climate adaptation," Papers WP771, Economic and Social Research Institute (ESRI).
    50. Paul Watkiss, 2015. "A review of the economics of adaptation and climate-resilient development," GRI Working Papers 205, Grantham Research Institute on Climate Change and the Environment.
    51. Martín, Ramón & Gomes, Charmaine & Alleyne, Dillon & Phillips, Willard, 2013. "An assessment of the economic and social impacts of climate change on the energy sector in the Caribbean," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38280, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    52. Rosalie Arendt & Till M. Bachmann & Masaharu Motoshita & Vanessa Bach & Matthias Finkbeiner, 2020. "Comparison of Different Monetization Methods in LCA: A Review," Sustainability, MDPI, vol. 12(24), pages 1-39, December.
    53. Bramka Arga Jafino & Jan H. Kwakkel & Frans Klijn, 2022. "Evaluating the distributional fairness of alternative adaptation policies: a case study in Vietnam’s upper Mekong Delta," Climatic Change, Springer, vol. 173(3), pages 1-20, August.
    54. Anthoff, David & Rose, Steven & Tol, Richard S. J. & Waldhoff, Stephanie, 2011. "Regional and sectoral estimates of the social cost of carbon: An application of FUND," Economics Discussion Papers 2011-18, Kiel Institute for the World Economy (IfW Kiel).
    55. Buchholz Wolfgang & Heindl Peter, 2015. "Ökonomische Herausforderungen des Klimawandels," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(4), pages 324-350, December.
    56. Salvatore Nunnari & Massimiliano Pozzi, 2022. "Meta-Analysis of Inequality Aversion Estimates," CESifo Working Paper Series 9851, CESifo.
    57. Skott, Peter & Davis, Leila, 2013. "Distributional biases in the analysis of climate change," Ecological Economics, Elsevier, vol. 85(C), pages 188-197.
    58. 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.
    59. Lea S. Svenningsen, 2019. "Social preferences for distributive outcomes of climate policy," Climatic Change, Springer, vol. 157(2), pages 319-336, November.
    60. Richard S. J. Tol, 2010. "International Inequity Aversion And The Social Cost Of Carbon," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 1(01), pages 21-32.
    61. Laurie Johnson & Chris Hope, 2012. "The social cost of carbon in U.S. regulatory impact analyses: an introduction and critique," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 2(3), pages 205-221, September.
    62. Matthew Adler & Nicolas Treich, 2015. "Prioritarianism and Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(2), pages 279-308, October.
    63. P. Michael Link & Christine Schleupner, 2007. "Agricultural land use changes in Eiderstedt," Working Papers FNU-137, Research unit Sustainability and Global Change, Hamburg University, revised Jun 2007.
    64. 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.
    65. Nurmi, Väinö & Ahtiainen, Heini, 2018. "Distributional Weights in Environmental Valuation and Cost-benefit Analysis: Theory and Practice," Ecological Economics, Elsevier, vol. 150(C), pages 217-228.
    66. Yohe, Gary W. & Tol, Richard S. J. & Anthoff, David, 2009. "Discounting for Climate Change," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-22.
    67. Drupp, Moritz A. & Meya, Jasper N. & Baumgärtner, Stefan & Quaas, Martin F., 2017. "Economic inequality and the value of nature," Economics Working Papers 2017-08, Christian-Albrechts-University of Kiel, Department of Economics.
    68. Paul I. Ojeaga & Sunday M. Posu, 2017. "Climate Change, Industrial Activity and Economic Growth: A Cross Regional Analysis," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 5(2), pages 7-17, December.
    69. Jacobs, Bas & van der Ploeg, Frederick, 2019. "Redistribution and pollution taxes with non-linear Engel curves," Journal of Environmental Economics and Management, Elsevier, vol. 95(C), pages 198-226.
    70. Brekke, Kjell Arne & Johansson-Stenman, Olof, 2008. "The Behavioural Economics of Climate Change," Working Papers in Economics 305, University of Gothenburg, Department of Economics.
    71. Rick van der Ploeg & Armon Rezai & Miguel Tovar, 2021. "Gathering Support for Green Tax Reform: Evidence from German Household Surveys," CESifo Working Paper Series 9398, CESifo.
    72. Louis-Gaëtan Giraudet & Céline Guivarch, 2016. "Global warming as an asymmetric public bad," Working Papers 2016.26, FAERE - French Association of Environmental and Resource Economists.
    73. Solomon Hsiang & Paulina Oliva & Reed Walker, 2017. "The Distribution of Environmental Damages," NBER Working Papers 23882, National Bureau of Economic Research, Inc.
    74. -, 2011. "An assessment of the economic impact of climate change on the Agriculture Sector in Jamaica," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38585, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    75. Hope, Chris W., 2011. "The social cost of CO2 from the PAGE09 model," Economics Discussion Papers 2011-39, Kiel Institute for the World Economy (IfW Kiel).
    76. 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.
    77. Arie ten Cate, 2010. "Hourglass models of world-wide problems such as climate change," CPB Memorandum 238, CPB Netherlands Bureau for Economic Policy Analysis.
    78. Adler, Matthew & Anthoff, David & Bosetti, Valentina & Garner, Greg & Keller, Klaus & Treich, Nicolas, 2016. "Priority for the Worse Off and the Social Cost of Carbon," MITP: Mitigation, Innovation and Transformation Pathways 244334, Fondazione Eni Enrico Mattei (FEEM).
    79. Dritan Osmani, 2013. "Valuing Equally the Environmental Goods in Rich and Poor Countries in a Post-Kyoto World," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 7(2), pages 073-099, July.
    80. 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.
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    83. Anthoff, David, 2009. "Optimal Global Dynamic Carbon Taxation," Papers WP278, Economic and Social Research Institute (ESRI).
    84. Michael Greenstone & Elizabeth Kopits & Ann Wolverton, 2011. "Estimating the Social Cost of Carbon for Use in U.S. Federal Rulemakings: A Summary and Interpretation," Working Papers 1106, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
    85. Dritan Osmani, "undated". "A note on optimal transfer schemes, stable coalition for environmental protection and joint maximization assumption," Working Papers FNU-176, Research unit Sustainability and Global Change, Hamburg University.
    86. Tol, Richard S. J. & Narita, Daiju & Anthoff, David, 2008. "Damage Costs of Climate Change through Intensification of Tropical Cyclone Activities: An Application of FUND," Papers WP259, Economic and Social Research Institute (ESRI).
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    88. 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.
    89. 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.
    90. 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.
    91. 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).

  15. Cameron Hepburn & Phoebe Koundouri & Ekaterini Panopoulou & Theologos Pantelidis, 2006. "Social Discounting Under Uncertainty: A cross-country comparison," The Institute for International Integration Studies Discussion Paper Series iiisdp177, IIIS.

    Cited by:

    1. Birol, Ekin & Koundouri, Phoebe & Kountouris, Yiannis, 2009. "Assessing the economic viability of alternative water resources in water scarce regions: The roles of economic valuation, cost–benefit analysis and discounting," 2009 Conference, August 16-22, 2009, Beijing, China 51692, International Association of Agricultural Economists.
    2. Johansson-Stenman, Olof & Sterner, Thomas, 2013. "Discounting and Relative Consumption," Working Papers in Economics 559, University of Gothenburg, Department of Economics.
    3. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.
    4. Esther W. Mezey & Jon M. Conrad, 2010. "Real Options in Resource Economics," Annual Review of Resource Economics, Annual Reviews, vol. 2(1), pages 33-52, October.
    5. Michael D. Bauer & Glenn D. Rudebusch, 2020. "The Rising Cost of Climate Change: Evidence from the Bond Market," Working Paper Series 2020-25, Federal Reserve Bank of San Francisco.
    6. Phoebe Koundouri & Nikos Chatzistamoulou & Osiel Gonzalez Davila & Amerissa Giannouli & Nikolaos Kourogenis & Anastasios Xepapadeas & Peter A. Xepapadeas, 2020. "Open Access in Scientific Information: Sustainability Model and Business Plan for the Infrastructure and Organisation of OpenAIRE," DEOS Working Papers 2001, Athens University of Economics and Business.
    7. Morrissey, J. & Meyrick, B. & Sivaraman, D. & Horne, R.E. & Berry, M., 2013. "Cost-benefit assessment of energy efficiency investments: Accounting for future resources, savings and risks in the Australian residential sector," Energy Policy, Elsevier, vol. 54(C), pages 148-159.
    8. 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.
    9. 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.
    10. Koen Vermeylen, 2013. "The Consumption Discount Rate for the Distant Future (if we do not die out)," Tinbergen Institute Discussion Papers 13-201/VI, Tinbergen Institute.
    11. 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.
    12. Iverson, Terrence, 2013. "Minimax regret discounting," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 598-608.
    13. Evangelos V. Dioikitopoulos & Sugata Ghosh & Eugenia Vella, 2016. "Technological Progress, Time Perception and Environmental Sustainability," Working Papers 2016002, The University of Sheffield, Department of Economics.
    14. Phoebe Koundouri & Georgios I. Papayiannis & Electra V. Petracou & Athanasios N. Yannacopoulos, 2023. "Consensus group decision making under model uncertainty with a view towards environmental policy making," Papers 2312.00436, arXiv.org.
    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. Copiello, Sergio & Gabrielli, Laura & Bonifaci, Pietro, 2017. "Evaluation of energy retrofit in buildings under conditions of uncertainty: The prominence of the discount rate," Energy, Elsevier, vol. 137(C), pages 104-117.
    17. Kathrin Goldmann, 2017. "Time-declining risk-adjusted social discount rates for transport infrastructure planning," Working Papers 22, Institute of Transport Economics, University of Muenster.
    18. Howard, Gregory, 2013. "Discounting for personal and social payments: Patience for others, impatience for ourselves," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 583-597.
    19. 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.
    20. Birol, Ekin & Koundouri, Phoebe & Kountouris, Yiannis, 2010. "Assessing the economic viability of alternative water resources in water-scarce regions: Combining economic valuation, cost-benefit analysis and discounting," Ecological Economics, Elsevier, vol. 69(4), pages 839-847, February.
    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. 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.
    23. Karbowski, Adam, 2016. "Discussion on the Social Rate of Discount: from Sen to Behavioural Economics," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 9(2), pages 46-60.
    24. Rubén Pérez-Álvarez & Saúl Torres-Ortega & Pedro Díaz-Simal & Raúl Husillos-Rodríguez & Julio Manuel De Luis-Ruiz, 2016. "Economic Valuation of Mining Heritage from a Recreational Approach: Application to the Case of El Soplao Cave in Spain (Geosite UR004)," Sustainability, MDPI, vol. 8(2), pages 1-15, February.
    25. Anthony E. Boardman & Aidan R. Vining, 2010. "Assessing the Economic Worth of Public–Private Partnerships," Chapters, in: Graeme A. Hodge & Carsten Greve & Anthony E. Boardman (ed.), International Handbook on Public–Private Partnerships, chapter 8, Edward Elgar Publishing.
    26. 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.
    27. Bernard Lapeyre & Emile Quinet, 2017. "A Simple GDP-based Model for Public Investments at Risk," Post-Print hal-01666574, HAL.
    28. 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.
    29. 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.
    30. 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.
    31. 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.
    32. Mareike Schad & Jürgen John, 2012. "Towards a social discount rate for the economic evaluation of health technologies in Germany: an exploratory analysis," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 13(2), pages 127-144, April.
    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. Koen Vermeylen, 2013. "Non-Marginal Cost-Benefit Analysis and the Tyranny of Discounting," Tinbergen Institute Discussion Papers 13-203/VI, Tinbergen Institute.

  16. Hepburn, C. & Grubb, M. & Neuhoff, K. & Matthes , F. & Tse, M., 2006. "Auctioning of EU ETS Phase II allowances: how and why?," Cambridge Working Papers in Economics 0644, Faculty of Economics, University of Cambridge.

    Cited by:

    1. Oberndorfer, Ulrich, 2008. "EU Emission Allowances and the Stock Market: Evidence from the Electricity Industry," ZEW Discussion Papers 08-059, ZEW - Leibniz Centre for European Economic Research.
    2. Fankhauser, Samuel & Hepburn, Cameron, 2010. "Designing carbon markets, part I: carbon markets in time," LSE Research Online Documents on Economics 28832, London School of Economics and Political Science, LSE Library.
    3. Andreas Karpf & Antoine Mandel & Stefano Battiston, 2018. "Price and network dynamics in the European carbon market," Post-Print halshs-01905985, HAL.
    4. Burtraw, Dallas & Palmer, Karen & Kahn, Danny, 2010. "A symmetric safety valve," Energy Policy, Elsevier, vol. 38(9), pages 4921-4932, September.
    5. Dieter Helm & Cameron Hepburn & Giovanni Ruta, 2012. "Trade, climate change, and the political game theory of border carbon adjustments," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 28(2), pages 368-394, SUMMER.
    6. Frédéric Branger & Misato Sato, 2015. "Solving the clinker dilemma with hybrid output-based allocation," GRI Working Papers 201, Grantham Research Institute on Climate Change and the Environment.
    7. Fankhauser, Samuel & Hepburn, Cameron & Park, Jisung, 2011. "Combining multiple climate policy instruments: how not to do it," LSE Research Online Documents on Economics 37573, London School of Economics and Political Science, LSE Library.
    8. Wood, Peter John & Jotzo, Frank, 2009. "Price Floors for Emissions Trading," Research Reports 94885, Australian National University, Environmental Economics Research Hub.
    9. Wang, Kun & Fu, Xiaowen & Luo, Meifeng, 2015. "Modeling the impacts of alternative emission trading schemes on international shipping," Transportation Research Part A: Policy and Practice, Elsevier, vol. 77(C), pages 35-49.
    10. Neil Ross Lambie, 2010. "Understanding the effect of an emissions trading scheme on electricity generator investment and retirement behaviour: the proposed Carbon Pollution Reduction Scheme," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(2), pages 203-217, April.
    11. E. Woerdman & O. Couwenberg & A. Nentjes, 2009. "Energy prices and emissions trading: windfall profits from grandfathering?," European Journal of Law and Economics, Springer, vol. 28(2), pages 185-202, October.
    12. Misato Sato & Karsten Neuhoff & Verena Graichen & Katja Schumacher & Felix Matthes, 2013. "Sectors under scrutiny � Evaluation of indicators to assess the risk of carbon leakage in the UK and Germany," GRI Working Papers 113, Grantham Research Institute on Climate Change and the Environment.
    13. Vielle, Marc, 2019. "Navigating various flexibility mechanisms under European burden-sharing," Conference papers 333040, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    14. Sam Fankhauser & Cameron Hepburn, 2009. "Carbon markets in space and time," GRI Working Papers 3, Grantham Research Institute on Climate Change and the Environment.
    15. Hlavac, Marek, 2010. "The Distribution of European Union Allowances (EUAs): Windfall Profits, Free Allocation and Auctions," MPRA Paper 24242, University Library of Munich, Germany.
    16. Eva-Maria Mauer, 2016. "Linking von Emissionshandelssystemen: Die EU als Vorreiter für einen globalen CO2-Markt?," Discussion Paper Series RECAP15 25, RECAP15, European University Viadrina, Frankfurt (Oder).
    17. Richstein, Jörn C. & Chappin, Emile J.L. & de Vries, Laurens J., 2014. "Cross-border electricity market effects due to price caps in an emission trading system: An agent-based approach," Energy Policy, Elsevier, vol. 71(C), pages 139-158.
    18. Weber, T.A. & Neuhoff, K., 2009. "Carbon Markets and Technological Innovation," Cambridge Working Papers in Economics 0932, Faculty of Economics, University of Cambridge.
    19. Christin, Clémence & Nicolaï, Jean-Philippe & Pouyet, Jerome, 2011. "The Role of Abatement Technologies for Allocating Free Allowances," CEPREMAP Working Papers (Docweb) 1109, CEPREMAP.
    20. Sato, Misato & Dechezlepretre, Antoine, 2015. "Asymmetric industrial energy prices and international trade," LSE Research Online Documents on Economics 63634, London School of Economics and Political Science, LSE Library.
    21. Fankhauser, Samuel & Hepburn, Cameron, 2010. "Designing carbon markets, Part II: Carbon markets in space," Energy Policy, Elsevier, vol. 38(8), pages 4381-4387, August.
    22. Huang, Wenyang & Wang, Huiwen & Qin, Haotong & Wei, Yigang & Chevallier, Julien, 2022. "Convolutional neural network forecasting of European Union allowances futures using a novel unconstrained transformation method," Energy Economics, Elsevier, vol. 110(C).
    23. Santos, Georgina & Behrendt, Hannah & Maconi, Laura & Shirvani, Tara & Teytelboym, Alexander, 2010. "Part I: Externalities and economic policies in road transport," Research in Transportation Economics, Elsevier, vol. 28(1), pages 2-45.
    24. Corina Haita-Falah, 2016. "Uncertainty and speculators in an auction for emissions permits," Journal of Regulatory Economics, Springer, vol. 49(3), pages 315-343, June.
    25. Oberndorfer, Ulrich, 2009. "EU Emission Allowances and the stock market: Evidence from the electricity industry," Ecological Economics, Elsevier, vol. 68(4), pages 1116-1126, February.
    26. Francisco Alvarez & Francisco J. André, 2013. "Auctioning vs. Grandfathering in Cap-and-Trade Systems with Market Power and Incomplete Information," Working Papers 2013.98, Fondazione Eni Enrico Mattei.
    27. Vollebergh, Herman & Brink, Corjan & Verdonk, Martijn & Roelfsema, Mark, 2013. "Evaluation of Policy Options to Reform the EU Emissions Trading System - Effects on Carbon Price, Emissions and the Economy," Other publications TiSEM 76a2d0f3-cda8-48e8-a881-d, Tilburg University, School of Economics and Management.
    28. Fr�d�ric Branger & Jean-Pierre Ponssard & Oliver Sartor & Misato Sato, 2014. "EU ETS, free allocations and activity level thresholds, the devil lies in the details," GRI Working Papers 169, Grantham Research Institute on Climate Change and the Environment.
    29. Robaina Alves, Margarita & Rodríguez, Miguel & Roseta-Palma, Catarina, 2011. "Sectoral and regional impacts of the European carbon market in Portugal," Energy Policy, Elsevier, vol. 39(5), pages 2528-2541, May.
    30. Babonneau, Frédéric & Haurie, Alain & Vielle, Marc, 2018. "Welfare implications of EU Effort Sharing Decision and possible impact of a hard Brexit," Energy Economics, Elsevier, vol. 74(C), pages 470-489.
    31. Chang-Jing Ji & Yu-Jie Hu & Bao-Jun Tang, 2018. "Research on carbon market price mechanism and influencing factors: a literature review," 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. 92(2), pages 761-782, June.
    32. Rogge, Karoline S. & Schleich, Joachim & Betz, Regina, 2006. "An early assessment of national allocation plans for phase 2 of EU emission trading," Working Papers "Sustainability and Innovation" S1/2006, Fraunhofer Institute for Systems and Innovation Research (ISI).
    33. Burtraw, Dallas & Evans, David A., 2008. "Tradable Rights to Emit Air Pollution," RFF Working Paper Series dp-08-08, Resources for the Future.
    34. Jürgen Hogrefe & Jörg Jasper & Uwe Knickrehm & Felix Würtenberger, 2007. "Fragen der künftigen Entwicklung des europäischen Handelssystems für Emissionsrechte," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 76(1), pages 126-139.
    35. Andor, Mark & Frondel, Manuel & Neuhoff, Karsten & Petrick, Sebastian & Rüster, Sophia, 2016. "Klimaschutzpolitik : Wie kann ein Politikmix gestaltet werden?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 42(2), pages 145-159.
    36. Schmidt, Tobias S. & Schneider, Malte & Hoffmann, Volker H., 2012. "Decarbonising the power sector via technological change – differing contributions from heterogeneous firms," Energy Policy, Elsevier, vol. 43(C), pages 466-479.
    37. Vollebergh, Herman, 2013. "Environmental Taxes and Green Growth," Other publications TiSEM 9efd8e7a-397e-428f-95be-c, Tilburg University, School of Economics and Management.
    38. Dallas Burtraw & Karen Palmer, 2008. "Compensation rules for climate policy in the electricity sector," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 27(4), pages 819-847.
    39. Alvarez, Francisco & André, Francisco J., 2015. "Auctioning emission permits in a leader-follower setting," MPRA Paper 61698, University Library of Munich, Germany.
    40. Giovanni Marin & Marianna Marino & Claudia Pellegrin, 2018. "The impact of the European Union Emission Trading Scheme on Multiple Measures of Economic Performance," Post-Print hal-01768870, HAL.
    41. Sonia Schwartz, 2009. "Comment distribuer les quotas de pollution ?. Une revue de la littérature," Revue d'économie politique, Dalloz, vol. 119(4), pages 535-568.
    42. Blyth, William & Bunn, Derek & Kettunen, Janne & Wilson, Tom, 2009. "Policy interactions, risk and price formation in carbon markets," Energy Policy, Elsevier, vol. 37(12), pages 5192-5207, December.
    43. Misato Sato & Karsten Neuhoff & Verena Graichen & Katja Schumacher & Felix Matthes, 2015. "Sectors Under Scrutiny: Evaluation of Indicators to Assess the Risk of Carbon Leakage in the UK and Germany," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(1), pages 99-124, January.
    44. Baldursson, Fridrik M. & Sturluson, Jon Thor, 2008. "Fees and the efficiency of tradable permit systems: an experimental approach," MPRA Paper 14182, University Library of Munich, Germany, revised Mar 2009.
    45. María de las Mercedes de Miguel Cabeza, 2007. "The Use of Overlapping Economic Instruments in Carbon Emissions Regulation in a Small Economy," Energy and Environmental Modeling 2007 24000011, EcoMod.
    46. Beat Hintermann, 2014. "Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany," CESifo Working Paper Series 4964, CESifo.
    47. Tim Laing & Misato Sato & Michael Grubb & Claudia Comberti, 2013. "Assessing the effectiveness of the EU Emissions Trading System," GRI Working Papers 106, Grantham Research Institute on Climate Change and the Environment.
    48. 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.
    49. Yu-Jie Hu & Lishan Yang & Fali Duan & Honglei Wang & Chengjiang Li, 2022. "A Scientometric Analysis and Review of the Emissions Trading System," Energies, MDPI, vol. 15(12), pages 1-20, June.
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    52. Benz, Eva & Löschel, Andreas & Sturm, Bodo, 2008. "Auctioning of CO2 Emission Allowances in Phase 3 of the EU Emissions Trading Scheme," ZEW Discussion Papers 08-081, ZEW - Leibniz Centre for European Economic Research.
    53. Alvarez, Francisco & André, Francisco J. & Mazón, Cristina, 2016. "Assigning pollution permits: are uniform auctions efficient?," MPRA Paper 72827, University Library of Munich, Germany.
    54. Klenert, David & Mattauch, Linus & Combet, Emmanuel & Edenhofer, Ottmar & Hepburn, Cameron & Rafaty, Ryan & Stern, Nicholas, 2017. "Making Carbon Pricing Work," MPRA Paper 80943, University Library of Munich, Germany.
    55. Fritz Rahmeyer, 2007. "Europäischer Handel mit Treibhausgasemissionszertifikaten und seine Umsetzung in das deutsche Umweltrecht," Discussion Paper Series 296, Universitaet Augsburg, Institute for Economics.
    56. Carlo Bollino & Silvia Micheli, 2012. "On the Relative Optimality of Environmental Policy Instruments: An Application of the Work of Alberto Alesina," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 40(4), pages 385-399, December.
    57. Seth Shonkoff & Rachel Morello-Frosch & Manuel Pastor & James Sadd, 2011. "The climate gap: environmental health and equity implications of climate change and mitigation policies in California—a review of the literature," Climatic Change, Springer, vol. 109(1), pages 485-503, December.
    58. Blyth, William & Bunn, Derek, 2011. "Coevolution of policy, market and technical price risks in the EU ETS," Energy Policy, Elsevier, vol. 39(8), pages 4578-4593, August.
    59. Huang, Hai & Roland-Holst, David & Springer, Cecilia & Lin, Jiang & Cai, Wenjia & Wang, Can, 2019. "Emissions trading systems and social equity: A CGE assessment for China," Applied Energy, Elsevier, vol. 235(C), pages 1254-1265.
    60. Marc Baudry & Aliénor Cameron, 2023. "The case for carbon leakage and border adjustments: where do economists stand?," Post-Print hal-04087880, HAL.
    61. Perry, Neil & Rosewarne, Stuart & White, Graham, 2013. "Clean energy policy: Taxing carbon and the illusion of the equity objective," Ecological Economics, Elsevier, vol. 90(C), pages 104-113.
    62. Ru Li & Sigit Perdana & Marc Vielle, 2021. "Potential integration of Chinese and European emissions trading market: welfare distribution analysis," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 26(5), pages 1-28, June.
    63. Cameron Hepburn & Benito Müller, 2010. "International Air Travel and Greenhouse Gas Emissions: A Proposal for an Adaptation Levy1," The World Economy, Wiley Blackwell, vol. 33(6), pages 830-849, June.
    64. Clò, Stefano, 2010. "Grandfathering, auctioning and Carbon Leakage: Assessing the inconsistencies of the new ETS Directive," Energy Policy, Elsevier, vol. 38(5), pages 2420-2430, May.
    65. Joltreau, Eugénie & Sommerfeld, Katrin, 2016. "Why does emissions trading under the EU ETS not affect firms' competitiveness? Empirical findings from the literature," ZEW Discussion Papers 16-062, ZEW - Leibniz Centre for European Economic Research.
    66. Simone Borghesi & Massimiliano Montini, 2015. "The allocation of carbon emission permits; theoretical aspects and practical problems in the EU ETS," Working papers wpaper75, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    67. Schleich, Joachim & Rogge, Karoline S. & Betz, Regina, 2008. "Incentives for energy efficiency in the EU Emissions Trading Scheme," Working Papers "Sustainability and Innovation" S2/2008, Fraunhofer Institute for Systems and Innovation Research (ISI).
    68. Sijm, Jos & Chen, Yihsu & Hobbs, Benjamin F., 2012. "The impact of power market structure on CO2 cost pass-through to electricity prices under quantity competition – A theoretical approach," Energy Economics, Elsevier, vol. 34(4), pages 1143-1152.
    69. Flachsland, Christian & Brunner, Steffen & Edenhofer, Ottmar & Creutzig, Felix, 2011. "Climate policies for road transport revisited (II): Closing the policy gap with cap-and-trade," Energy Policy, Elsevier, vol. 39(4), pages 2100-2110, April.
    70. Kopsch, Fredrik, 2012. "Aviation and the EU Emissions Trading Scheme—Lessons learned from previous emissions trading schemes," Energy Policy, Elsevier, vol. 49(C), pages 770-773.
    71. Denny, Eleanor & O'Malley, Mark, 2009. "The impact of carbon prices on generation-cycling costs," Energy Policy, Elsevier, vol. 37(4), pages 1204-1212, April.
    72. Ahn, Jaekyun, 2014. "Assessment of initial emission allowance allocation methods in the Korean electricity market," Energy Economics, Elsevier, vol. 43(C), pages 244-255.
    73. MacKenzie, Ian A. & Ohndorf, Markus, 2012. "Cap-and-trade, taxes, and distributional conflict," Journal of Environmental Economics and Management, Elsevier, vol. 63(1), pages 51-65.
    74. Heindl, Peter, 2012. "Mitigating market power under tradeable permits," ZEW Discussion Papers 12-065, ZEW - Leibniz Centre for European Economic Research.
    75. Kruger, Joseph & Oates, Wallace E. & Pizer, William A., 2007. "Decentralization in the EU Emissions Trading Scheme and Lessons for Global Policy," RFF Working Paper Series dp-07-02, Resources for the Future.
    76. Cristina Barbot & Ofelia Betancor & M. Pilar Socorro & M. Fernanda Viecens, 2012. "Trade-offs between environmental regulation and market competition: airlines, emission trading systems and entry deterrence," Working Papers 2012-05, FEDEA.
    77. Giovanni Marin & Marianna Marino & Claudia Pellegrin, 2018. "The Impact of the European Emission Trading Scheme on Multiple Measures of Economic Performance," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(2), pages 551-582, October.
    78. Baldursson, Fridrik M. & von der Fehr, Nils-Henrik M., 2008. "Prices vs. quantities: Public finance and the choice of regulatory instruments," European Economic Review, Elsevier, vol. 52(7), pages 1242-1255, October.
    79. Beat Hintermann, 2011. "Market Power, Permit Allocation and Efficiency in Emission Permit Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 49(3), pages 327-349, July.
    80. Cummins, Mark, 2013. "EU ETS market interactions: The case for multiple hypothesis testing approaches," Applied Energy, Elsevier, vol. 111(C), pages 701-709.
    81. André Sceia & Juan-Carlos Altamirano-Cabrera & Marc Vielle & Nicolas Weidmann, 2012. "Assessment of Acceptable Swiss post-2012 Climate Policies," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 347-380, June.
    82. Keppler, Jan Horst & Cruciani, Michel, 2010. "Rents in the European power sector due to carbon trading," Energy Policy, Elsevier, vol. 38(8), pages 4280-4290, August.
    83. Veronika Grimm & Lyuba Ilieva, 2013. "An experiment on emissions trading: the effect of different allocation mechanisms," Journal of Regulatory Economics, Springer, vol. 44(3), pages 308-338, December.
    84. Ian W.H. Parry & Mr. John Norregaard & Mr. Dirk Heine, 2012. "Environmental Tax Reform: Principles from Theory and Practice to Date," IMF Working Papers 2012/180, International Monetary Fund.
    85. Marcin Rabe & Dalia Streimikiene & Yuriy Bilan, 2019. "EU Carbon Emissions Market Development and Its Impact on Penetration of Renewables in the Power Sector," Energies, MDPI, vol. 12(15), pages 1-20, August.
    86. Knight, Eric, 2010. "The Economic Geography of European Carbon Market Trading," Working Papers 249382, Australian National University, Centre for Climate Economics & Policy.
    87. Francisco Álvarez & Francisco André, 2015. "Auctioning Versus Grandfathering in Cap-and-Trade Systems with Market Power and Incomplete Information," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(4), pages 873-906, December.
    88. Beat Hintermann, 2009. "Allowance Price Drivers in the First Phase of the EU ETS," CEPE Working paper series 09-63, CEPE Center for Energy Policy and Economics, ETH Zurich.
    89. Wang, Tao & Foliente, Greg & Song, Xinyi & Xue, Jiawei & Fang, Dongping, 2014. "Implications and future direction of greenhouse gas emission mitigation policies in the building sector of China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 31(C), pages 520-530.
    90. Yu-Jie Hu & Rong Han & Bao-Jun Tang, 2017. "Research on the initial allocation of carbon emission quotas: evidence from China," 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. 85(2), pages 1189-1208, January.
    91. Evans, David A. & Kruger, Joseph A., 2006. "Taking up the Slack: Lessons from a Cap-and-Trade Program in Chicago," RFF Working Paper Series dp-06-36, Resources for the Future.
    92. Yolanda Fernández Fernández & María Angeles Fernández López & David González Hernández & Blanca Olmedillas Blanco, 2018. "Institutional Change and Environment: Lessons from the European Emission Trading System," Energies, MDPI, vol. 11(4), pages 1-16, March.
    93. Jiaojiao Yang & Ting Wang & Yujie Hu & Qiyun Deng & Shu Mo, 2023. "Comparative Analysis of Research Trends and Hotspots of Foreign and Chinese Building Carbon Emissions Based on Bibliometrics," Sustainability, MDPI, vol. 15(13), pages 1-24, June.
    94. Andor, Mark Andreas & Frondel, Manuel & Neuhoff, Karsten & Petrick, Sebastian & Rüster, Sophia, 2016. "Klimaschutzpolitik in Europa: Wie kann ein Politikmix gestaltet werden?," RWI Materialien 103, RWI - Leibniz-Institut für Wirtschaftsforschung.
    95. Liu, Liwei & Sun, Xiaoru & Chen, Chuxiang & Zhao, Erdong, 2016. "How will auctioning impact on the carbon emission abatement cost of electric power generation sector in China?," Applied Energy, Elsevier, vol. 168(C), pages 594-609.
    96. Akin A. Cilekoglu, 2024. "Emissions and Allowances in the EU Emissions Trading System after the Paris Agreement," IREA Working Papers 202404, University of Barcelona, Research Institute of Applied Economics, revised Feb 2024.
    97. Cameron Hepburn, 2006. "Regulation by Prices, Quantities, or Both: A Review of Instrument Choice," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(2), pages 226-247, Summer.
    98. ruble, isabella & Dagher, Leila, 2009. "Challenges to International Climate Policy – Lessons Learned and Alternatives," MPRA Paper 116128, University Library of Munich, Germany.
    99. Alexander Vasa, 2010. "Implementing CDM Limits in the EU ETS: A Law and Economics Approach," Discussion Papers of DIW Berlin 1032, DIW Berlin, German Institute for Economic Research.
    100. Don Fullerton & Andrew Leicester & Stephen Smith, 2008. "Environmental Taxes," NBER Working Papers 14197, National Bureau of Economic Research, Inc.
    101. Kuik, Onno & Hofkes, Marjan, 2010. "Border adjustment for European emissions trading: Competitiveness and carbon leakage," Energy Policy, Elsevier, vol. 38(4), pages 1741-1748, April.
    102. Akin A. Cilekoglu, 2024. "“Emissions and Allowances in the EU Emissions Trading System after the Paris Agreement”," AQR Working Papers 202401, University of Barcelona, Regional Quantitative Analysis Group, revised Feb 2024.
    103. Fischer, Carolyn & Fox, Alan K., 2012. "Comparing policies to combat emissions leakage: Border carbon adjustments versus rebates," Journal of Environmental Economics and Management, Elsevier, vol. 64(2), pages 199-216.
    104. Ian A. MacKenzie, 2015. "Prices versus quantities with distributional rent seeking," Discussion Papers Series 548, School of Economics, University of Queensland, Australia.
    105. David Anthoff & Robert Hahn, 2010. "Government failure and market failure: on the inefficiency of environmental and energy policy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(2), pages 197-224, Summer.
    106. Alvarez Francisco & André Francisco J., 2016. "Auctioning Emission Permits with Market Power," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 16(4), pages 1-28, October.
    107. Ian A. MacKenzie, 2017. "Rent creation and rent seeking in environmental policy," Public Choice, Springer, vol. 171(1), pages 145-166, April.

  17. Cameron Hepburn & John Quah & Robert Ritz, 2006. "Emissions Trading and Profit-Neutral Grandfathering," Economics Series Working Papers 295, University of Oxford, Department of Economics.

    Cited by:

    1. Christin, Clémence & Nicolaï, Jean-Philippe & Pouyet, Jerome, 2011. "The Role of Abatement Technologies for Allocating Free Allowances," CEPREMAP Working Papers (Docweb) 1109, CEPREMAP.
    2. Dallas Burtraw & Karen Palmer, 2008. "Compensation rules for climate policy in the electricity sector," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 27(4), pages 819-847.
    3. Jean-Pierre Ponssard & Neil Walker, 2008. "EU Emissions Trading and the cement sector: a spatial competition analysis," Post-Print hal-00332053, HAL.
    4. Gersbach, Hans & Winkler, Ralph, 2011. "International emission permit markets with refunding," European Economic Review, Elsevier, vol. 55(6), pages 759-773, August.
    5. Keppler, Jan Horst & Cruciani, Michel, 2010. "Rents in the European power sector due to carbon trading," Energy Policy, Elsevier, vol. 38(8), pages 4280-4290, August.

  18. Megan Ceronsky & David Anthoff & Cameron Hepburn & Richard S.J. Tol, 2005. "Checking The Price Tag On Catastrophe: The Social Cost Of Carbon Under Non-Linear Climate Response," Working Papers FNU-87, Research unit Sustainability and Global Change, Hamburg University, revised Aug 2005.

    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. Elizabeth Kopits & Alex L. Marten & Ann Wolverton, 2013. "Moving Forward with Incorporating "Catastrophic" Climate Change into Policy Analysis," NCEE Working Paper Series 201301, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Jan 2013.
    3. 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.
    4. Hein, Lars & van Koppen, C.S.A. (Kris) & van Ierland, Ekko C. & Leidekker, Jakob, 2016. "Temporal scales, ecosystem dynamics, stakeholders and the valuation of ecosystems services," Ecosystem Services, Elsevier, vol. 21(PA), pages 109-119.
    5. Richard S. J. Tol, 2015. "Economic impacts of climate change," Working Paper Series 7515, Department of Economics, University of Sussex Business School.
    6. Brock, W. & Xepapadeas, A., 2016. "Climate Change Policy under Polar Amplification," MITP: Mitigation, Innovation and Transformation Pathways 232717, Fondazione Eni Enrico Mattei (FEEM).
    7. 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.
    8. 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.
    9. Tol, Richard S.J., 2007. "Europe's long-term climate target: A critical evaluation," Energy Policy, Elsevier, vol. 35(1), pages 424-432, January.
    10. Fisher, Anthony, 2014. "Climate Science and Climate Economics," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt746627gz, Department of Agricultural & Resource Economics, UC Berkeley.
    11. Richard S.J. Tol, 2012. "Targets for Global Climate Policy: An Overview," Working Paper Series 3712, Department of Economics, University of Sussex Business School.
    12. Pushpam Kumar & Uwe A. Schneider, 2008. "Greenhouse gas emission mitigation through agriculture," Working Papers FNU-155, Research unit Sustainability and Global Change, Hamburg University, revised Feb 2008.
    13. P. Link & Richard Tol, 2011. "Estimation of the economic impact of temperature changes induced by a shutdown of the thermohaline circulation: an application of FUND," Climatic Change, Springer, vol. 104(2), pages 287-304, January.
    14. Louise Kessler, 2017. "Estimating The Economic Impact Of The Permafrost Carbon Feedback," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 8(02), pages 1-23, May.
    15. Onno J. Kuik & Barbara Bucher & Michela Catenacci & Etem Karakaya & Richard S.J. Tol, 2006. "Methodological aspects of recent climate change damage cost studies," Working Papers FNU-122, Research unit Sustainability and Global Change, Hamburg University, revised Dec 2006.
    16. Louise Kessler, 2015. "Estimating the economic impact of the permafrost carbon feedback," GRI Working Papers 219, Grantham Research Institute on Climate Change and the Environment.
    17. 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.
    18. Fisher, A. C & Le, P. V, 2014. "Climate Policy: Science, Economics, and Extremes," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt6tj3j4jb, Department of Agricultural & Resource Economics, UC Berkeley.
    19. Mete Feridun & Hasan Güngör, 2020. "Climate-Related Prudential Risks in the Banking Sector: A Review of the Emerging Regulatory and Supervisory Practices," Sustainability, MDPI, vol. 12(13), pages 1-20, July.
    20. Kousky, Carolyn & Kopp, Robert E. & Cooke, Roger M., 2011. "Risk premia and the social cost of carbon: A review," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 5, pages 1-24.
    21. 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.
    22. Anthony C. Fisher & Phu V. Le, 2014. "Climate Policy: Science, Economics, and Extremes," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(2), pages 307-327.
    23. Stephanie Byrom & Sebastian Thomas & Paul Dargusch, 2014. "Millennium development goals and clean development: synergies in the Pacific," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 19(1), pages 33-44, January.
    24. Richard S. J. Tol, 2021. "Estimates of the social cost of carbon have increased over time," Papers 2105.03656, arXiv.org, revised Aug 2022.

  19. Richard Mash & Cameron Hepburn & Dieter Helm, 2004. "Time-Inconsistent Environmental Policy And Optimal Delegation," Royal Economic Society Annual Conference 2004 14, Royal Economic Society.

    Cited by:

    1. Olga Chiappinelli & Karsten Neuhoff, 2020. "Time-Consistent Carbon Pricing: The Role of Carbon Contracts for Differences," Discussion Papers of DIW Berlin 1859, DIW Berlin, German Institute for Economic Research.
    2. Raphael Calel, 2011. "Market-based instruments and technology choices: a synthesis," GRI Working Papers 57, Grantham Research Institute on Climate Change and the Environment.
    3. Pichler, Paul & Sorger, Gerhard, 2018. "Delegating climate policy to a supranational authority: a theoretical assessment," European Economic Review, Elsevier, vol. 101(C), pages 418-440.
    4. Joerg Breitscheidel & Hans Gersbach, 2005. "Self-Financing Environmental Mechanisms," CESifo Working Paper Series 1528, CESifo.
    5. Olga Chiappinelli & Karsten Neuhoff, 2017. "Time-Consistent Carbon Pricing," Discussion Papers of DIW Berlin 1710, DIW Berlin, German Institute for Economic Research.
    6. Chiappinelli, Olga & May, Nils, 2022. "Too good to be true? Time-inconsistent renewable energy policies," Energy Economics, Elsevier, vol. 112(C).
    7. Aekapol Chongvilaivan & Jung Hur, 2007. "Time-Inconsistent Domestic Environmental Policies and Optimal International Environmental Arrangements," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 163(4), pages 731-758, December.
    8. McGregor, Peter G. & Kim Swales, J. & Winning, Matthew A., 2012. "A review of the role and remit of the committee on climate change," Energy Policy, Elsevier, vol. 41(C), pages 466-473.
    9. Agnes d'Artigues & Jacques Percebois & Thierry Vignolo, 2007. "The Time-Inconsistency of Alternative Energy Policy," Economics Working Papers ECO2007/32, European University Institute.
    10. Florian Habermacher & Paul Lehmann, 2017. "Commitment vs. Discretion in Climate and Energy Policy," CESifo Working Paper Series 6355, CESifo.
    11. Florian Habermacher & Paul Lehmann, 2020. "Commitment Versus Discretion in Climate and Energy Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(1), pages 39-67, May.
    12. Paul Pichler & Gerhard Sorger, 2016. "The value of commitment and delegation for the control of greenhouse gas emissions," Vienna Economics Papers vie1604, University of Vienna, Department of Economics.
    13. Cameron Hepburn, 2006. "Regulation by Prices, Quantities, or Both: A Review of Instrument Choice," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(2), pages 226-247, Summer.
    14. Thierry Vignolo & Jacques Percebois & Agnes dArtigues, 2007. "The time-inconsistency of alternative energy policy," Economics Bulletin, AccessEcon, vol. 1(1), pages 1-7.

Articles

  1. Ben Groom & Cameron Hepburn, 2017. "Reflections—Looking Back at Social Discounting Policy: The Influence of Papers, Presentations, Political Preconditions, and Personalities," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 11(2), pages 336-356.

    Cited by:

    1. Quaas, Martin F. & Baumgärtner, Stefan & Drupp, Moritz A. & Meya, Jasper N., 2020. "Intertemporal utility with heterogeneous goods and constant elasticity of substitution," Economics Letters, Elsevier, vol. 191(C).
    2. Moritz A. Drupp & Martin C. Hänsel, 2020. "Relative Prices and Climate Policy: How the Scarcity of Non-Market Goods Drives Policy Evaluation," CESifo Working Paper Series 8052, CESifo.
    3. Szekeres, Szabolcs, 2020. "Correcting the Error in Gamma Discounting," MPRA Paper 102232, University Library of Munich, Germany, revised 27 Jul 2020.
    4. Nesje, Frikk, 2020. "Cross-dynastic Intergenerational Altruism," Working Papers 0678, University of Heidelberg, Department of Economics.
    5. Funke, Franziska & Mattauch, Linus & Klenert, David & O'Callaghan, Brian, 2020. "Five lessons from COVID-19 for advancing climate change mitigation," INET Oxford Working Papers 2020-16, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    6. 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.
    7. 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.
    8. Ben Groom & Zachary Turk, 2021. "Reflections on the Dasgupta Review on the Economics of Biodiversity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(1), pages 1-23, May.
    9. 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).
    10. Szekeres, Szabolcs, 2022. "Answering the social discount rate question," MPRA Paper 115848, University Library of Munich, Germany.
    11. Jonas Heckenhahn & Moritz A. Drupp, 2022. "Relative Price Changes of Ecosystem Services: Evidence from Germany," CESifo Working Paper Series 9656, CESifo.
    12. Venmans, Frank & Groom, Ben, 2021. "Social discounting, inequality aversion, and the environment," LSE Research Online Documents on Economics 110739, London School of Economics and Political Science, LSE Library.
    13. 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.
    14. Moritz A. Drupp & Zachary M. Turk & Ben Groom & Jonas Heckenhahn, 2023. "Limited substitutability, relative price changes and the uplifting of public natural capital values," Papers 2308.04400, arXiv.org, revised Mar 2024.
    15. Mark Budolfson & Francis Dennig & Marc Fleurbaey & Asher Siebert & Robert H. Socolow, 2017. "The comparative importance for optimal climate policy of discounting, inequalities and catastrophes," Climatic Change, Springer, vol. 145(3), pages 481-494, December.

  2. Pfeiffer, Alexander & Millar, Richard & Hepburn, Cameron & Beinhocker, Eric, 2016. "The ‘2°C capital stock’ for electricity generation: Committed cumulative carbon emissions from the electricity generation sector and the transition to a green economy," Applied Energy, Elsevier, vol. 179(C), pages 1395-1408.

    Cited by:

    1. 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.
    2. Sen, Suphi & Schickfus, Marie-Theres von, 2020. "Climate policy, stranded assets, and investors expectations," Munich Reprints in Economics 84748, University of Munich, Department of Economics.
    3. Rick van der Ploeg & Armon Rezai, 2019. "Stranded Assets in the Transition to a Carbon-Free Economy," CESifo Working Paper Series 8025, CESifo.
    4. Carvalho, Rexon & Hittinger, Eric & Williams, Eric, 2021. "Payback of natural gas turbines: A retrospective analysis with implications for decarbonizing grids," Utilities Policy, Elsevier, vol. 73(C).
    5. Jin, S.W. & Li, Y.P. & Huang, G.H. & Nie, S., 2018. "Analyzing the performance of clean development mechanism for electric power systems under uncertain environment," Renewable Energy, Elsevier, vol. 123(C), pages 382-397.
    6. 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.
    7. Jin, Wei & Zhang, ZhongXiang, 2019. "Capital Accumulation, GreeParadox, and Stranded Assets: An Endogenous Growth Perspective," ETA: Economic Theory and Applications 281286, Fondazione Eni Enrico Mattei (FEEM).
    8. Liu, Junling & Wang, Ke & Zou, Ji & Kong, Ying, 2019. "The implications of coal consumption in the power sector for China’s CO2 peaking target," Applied Energy, Elsevier, vol. 253(C), pages 1-1.
    9. Agarwala, Matthew & Burke, Matt & Klusak, Patrycja & Mohaddes, Kamiar & Volz, Ulrich & Zenghelis, Dimitri, 2021. "Climate Change And Fiscal Sustainability: Risks And Opportunities," National Institute Economic Review, National Institute of Economic and Social Research, vol. 258, pages 28-46, November.
    10. David F. Hendry, 2020. "First in, First out: Econometric Modelling of UK Annual CO_2 Emissions, 1860–2017," Economics Papers 2020-W02, Economics Group, Nuffield College, University of Oxford.
    11. 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.
    12. Yanguas Parra, Paola & Hauenstein, Christian & Oei, Pao-Yu, 2021. "The death valley of coal – Modelling COVID-19 recovery scenarios for steam coal markets," Applied Energy, Elsevier, vol. 288(C).
    13. Alhamwi, Alaa & Medjroubi, Wided & Vogt, Thomas & Agert, Carsten, 2017. "GIS-based urban energy systems models and tools: Introducing a model for the optimisation of flexibilisation technologies in urban areas," Applied Energy, Elsevier, vol. 191(C), pages 1-9.
    14. Tvinnereim, Endre & Mehling, Michael, 2018. "Carbon pricing and deep decarbonisation," Energy Policy, Elsevier, vol. 121(C), pages 185-189.
    15. Vogt-Schilb, Adrien & Hallegatte, Stephane, 2017. "Climate Policies and Nationally Determined Contributions: Reconciling the Needed Ambition with the Political Economy," IDB Publications (Working Papers) 8317, Inter-American Development Bank.
    16. Newbery, David, 2018. "Policies for decarbonizing a liberalized power sector," CEPR Discussion Papers 12647, C.E.P.R. Discussion Papers.
    17. Rick Van der Ploeg, 2017. "Race to Burn the Last Ton of Carbon and the Risk of Stranded Assets," OxCarre Working Papers 201, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    18. Rick van der Ploeg & Armon Rezai, 2019. "The Risk of Policy Tipping and Stranded Carbon Assets," CESifo Working Paper Series 7769, CESifo.
    19. Ashwin K Seshadri, 2017. "Economics of limiting cumulative CO2 emissions," Papers 1706.03502, arXiv.org.
    20. Eisenack, Klaus & Paschen, Marius, 2022. "Adapting long-lived investments under climate change uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 116(C).
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    1. Altanshagai Batmunkh & Agus Dwi Nugroho & Maria Fekete-Farkas & Zoltan Lakner, 2022. "Global Challenges and Responses: Agriculture, Economic Globalization, and Environmental Sustainability in Central Asia," Sustainability, MDPI, vol. 14(4), pages 1-21, February.

  4. 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.

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    79. B. Lahcen & J. Brusselaers & K. Vrancken & Y. Dams & C. Silva Paes & J. Eyckmans & S. Rousseau, 2020. "Green Recovery Policies for the COVID-19 Crisis: Modelling the Impact on the Economy and Greenhouse Gas Emissions," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(4), pages 731-750, August.
    80. Eszter Boros, 2020. "Risks of Climate Change and Credit Institution Stress Tests," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 19(4), pages 107-131.
    81. 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).
    82. Stern, Nicholas & Sivropoulos-Valero, Anna Valero, 2021. "Innovation, growth and the transition to net-zero emissions," LSE Research Online Documents on Economics 114385, London School of Economics and Political Science, LSE Library.
    83. Emiliano Brancaccio & Mauro Gallegati & Raffaele Giammetti, 2022. "Neoclassical influences in agent‐based literature: A systematic review," Journal of Economic Surveys, Wiley Blackwell, vol. 36(2), pages 350-385, April.

  5. Cameron Hepburn & Eric Beinhocker & J. Doyne Farmer & Alexander Teytelboym, 2014. "Resilient and Inclusive Prosperity within Planetary Boundaries," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 22(5), pages 76-92, September.

    Cited by:

    1. Cristini, Hélène & Kauppinen-Räisänen, Hannele & Barthod-Prothade, Mireille & Woodside, Arch, 2017. "Toward a general theory of luxury: Advancing from workbench definitions and theoretical transformations," Journal of Business Research, Elsevier, vol. 70(C), pages 101-107.
    2. Capasso, Marco & Hansen, Teis & Heiberg, Jonas & Klitkou, Antje & Steen, Markus, 2019. "Green growth – A synthesis of scientific findings," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 390-402.
    3. Franz Tödtling & Michaela Trippl & Alexandra Frangenheim, 2019. "Policy options for green regional development: applying a production and application perspective," PEGIS geo-disc-2019_16, Institute for Economic Geography and GIScience, Department of Socioeconomics, Vienna University of Economics and Business.

  6. Vinod Thomas & Jose Albert & Cameron Hepburn, 2014. "Contributors to the frequency of intense climate disasters in Asia-Pacific countries," Climatic Change, Springer, vol. 126(3), pages 381-398, October.

    Cited by:

    1. Noy, Ilan, 2015. "Natural disasters and climate change in the Pacific island countries: New non-monetary measurements of impacts," Working Paper Series 19267, Victoria University of Wellington, School of Economics and Finance.
    2. May Haggag & Eman Rezk & Wael El-Dakhakhni, 2023. "Machine learning prediction of climate-induced disaster injuries," 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. 116(3), pages 3645-3667, April.
    3. Huang, Qiping & Li, Yongjia & Lin, Meimei & McBrayer, Garrett A., 2022. "Natural disasters, risk salience, and corporate ESG disclosure," Journal of Corporate Finance, Elsevier, vol. 72(C).
    4. Xiao-Chen Yuan & Xun Sun & Upmanu Lall & Zhi-Fu Mi & Jun He & Yi-Ming Wei, 2016. "China’s socioeconomic risk from extreme events in a changing climate: a hierarchical Bayesian model," Climatic Change, Springer, vol. 139(2), pages 169-181, November.
    5. Ilan Noy, 2016. "Natural disasters in the Pacific Island Countries: new measurements of impacts," 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. 84(1), pages 7-18, November.
    6. Alexander Pfeiffer & Cameron Hepburn, 2016. "Facing the Challenge of Climate Change," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 8(2), pages 201-215, May.
    7. Rajag M. Nag & Johannes F. Linn & Harinder S. Kohli (ed.), 2016. "Central Asia 2050: Unleashing the Region's Potential," Books, Emerging Markets Forum, edition 1, number centasia2050, May.
    8. Ramon Lopez & Vinod Thomas & Pablo Troncoso, 2016. "Economic growth, natural disasters and climate change: New empirical estimates," Working Papers wp434, University of Chile, Department of Economics.
    9. Ramón E. López & Vinod Thomas & Pablo Troncoso, 2015. "Climate Change and Natural Disasters," Working Papers wp414, University of Chile, Department of Economics.
    10. UNESCO Publishing, 2015. "The Economic Cost of Out-of-School Children in Southeast Asia," Working Papers id:7651, eSocialSciences.
    11. Insang Yu & Kiyong Park & Eui Hoon Lee, 2021. "Flood Risk Analysis by Building Use in Urban Planning for Disaster Risk Reduction and Climate Change Adaptation," Sustainability, MDPI, vol. 13(23), pages 1-16, November.
    12. Andrés Fortunato & Helmut Herwartz & Ramón E. López & Eugenio Figueroa B., 2022. "Carbon dioxide atmospheric concentration and hydrometeorological disasters," 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. 112(1), pages 57-74, May.

  7. Alex Bowen & Cameron Hepburn, 2014. "Green growth: an assessment," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 30(3), pages 407-422.

    Cited by:

    1. Leule M. Hailemariam & Denamo A. Nuramo, 2023. "Examining Challenges in Complying with the Principles of Sustainability for the Design of Urban Bridges in Ethiopia," Sustainability, MDPI, vol. 15(2), pages 1-27, January.
    2. Johannes Pfeiffer, 2017. "Fossil Resources and Climate Change – The Green Paradox and Resource Market Power Revisited in General Equilibrium," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 77.
    3. Gregor Semieniuk, 2016. "Fossil energy in economic growth: A study of the energy direction of technical change, 1950-2012," SPRU Working Paper Series 2016-11, SPRU - Science Policy Research Unit, University of Sussex Business School.
    4. Pervin Ersoy & Gülmüş Börühan & Sachin Kumar Mangla & Jorge Hernandez Hormazabal & Yigit Kazancoglu & Çisem Lafcı, 2022. "Impact of information technology and knowledge sharing on circular food supply chains for green business growth," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 1875-1904, July.
    5. Prévost, Benoît & Rivaud, Audrey, 2018. "The World Bank’s environmental strategies: Assessing the influence of a biased use of New Institutional Economics on legal issues," Ecosystem Services, Elsevier, vol. 29(PB), pages 370-380.
    6. Bettina Becker, 2023. "Green Innovation Strategies, Innovation Success, and Firm Performance—Evidence from a Panel of Spanish Firms," Sustainability, MDPI, vol. 15(2), pages 1-11, January.
    7. Victor Ajayi & Michael Pollitt, 2022. "Green growth and net zero policy in the UK: some conceptual and measurement issues," Working Papers 024, The Productivity Institute.
    8. Candice Howarth & Peter Bryant & Adam Corner & Sam Fankhauser & Andy Gouldson & Lorraine Whitmarsh & Rebecca Willis, 2020. "Building a Social Mandate for Climate Action: Lessons from COVID-19," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(4), pages 1107-1115, August.
    9. Armand Kasztelan & Anna Nowak & Joanna Hawlena, 2019. "Green Growth in Agriculture in the European Union: Myth or Reality?," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 35-48.
    10. Eckehard Rosenbaum, 2017. "Green Growth—Magic Bullet or Damp Squib?," Sustainability, MDPI, vol. 9(7), pages 1-18, June.
    11. Shrestha, Manish & Piman, Thanapon & Grünbühel, Clemens, 2021. "Prioritizing key biodiversity areas for conservation based on threats and ecosystem services using participatory and GIS-based modeling in Chindwin River Basin, Myanmar," Ecosystem Services, Elsevier, vol. 48(C).
    12. Efi Drimili & Ζoi Gareiou & Efthimios Zervas, 2020. "Public perceptions of the concept of green growth: application in Athens, Greece, during a period of economic crisis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(7), pages 6053-6076, October.
    13. Hensher, Martin & Canny, Ben & Zimitat, Craig & Campbell, Julie & Palmer, Andrew, 2020. "Health care, overconsumption and uneconomic growth: A conceptual framework," Social Science & Medicine, Elsevier, vol. 266(C).
    14. Mealy, Penny & Teytelboym, Alexander, 2022. "Economic complexity and the green economy," Research Policy, Elsevier, vol. 51(8).
    15. Małgorzata Gawrycka & Anna Szymczak, 2021. "A Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income," Energies, MDPI, vol. 14(21), pages 1-14, October.
    16. Olatunji A. Shobande & Simplice A. Asongu, 2023. "The dilemmas of relevance: exploring the role of Natural resources and Energy Consumption in managing climate crisis in Africa," Working Papers of the African Governance and Development Institute. 23/026, African Governance and Development Institute..
    17. Andrea Bigano & Aleksander Sniegocki & Jacopo Zotti, 2016. "Policies for a more Dematerialized EU Economy. Theoretical Underpinnings, Political Context and Expected Feasibility," Working Papers 2016.39, Fondazione Eni Enrico Mattei.
    18. Jaime Moll de Alba & Valentin Todorov, 2023. "Measuring green industrial performance: a regional outlook of Eastern Asia and Europe," Economic Change and Restructuring, Springer, vol. 56(5), pages 3281-3307, October.
    19. Pahle, Michael & Pachauri, Shonali & Steinbacher, Karoline, 2016. "Can the Green Economy deliver it all? Experiences of renewable energy policies with socio-economic objectives," Applied Energy, Elsevier, vol. 179(C), pages 1331-1341.
    20. Meran, Georg, 2023. "Is green growth possible and even desirable in a spaceship economy?," Ecological Economics, Elsevier, vol. 213(C).
    21. Groom, Ben & Linsenmeier, Manuel & Roth, Sefi, 2023. "Some like it cold: Heterogeneity in the temperature-economy relationships of Europe," SocArXiv tcnad, Center for Open Science.
    22. Stef Kuypers & Thomas Goorden & Bruno Delepierre, 2021. "Computational Analysis of the Properties of Post-Keynesian Endogenous Money Systems," JRFM, MDPI, vol. 14(7), pages 1-25, July.
    23. Aldieri, Luigi & Bruno, Bruna & Makkonen, Teemu & Vinci, Concetto Paolo, 2023. "Environmental innovations, geographically mediated knowledge spillovers, economic and environmental performance," Resources Policy, Elsevier, vol. 81(C).
    24. Polewsky, Max & Hankammer, Stephan & Kleer, Robin & Antons, David, 2024. "Degrowth vs. Green Growth. A computational review and interdisciplinary research agenda," Ecological Economics, Elsevier, vol. 217(C).
    25. Armand Kasztelan, 2020. "Towards Green Growth: A Taxonomic Analysis Based on the Headline Indicators," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 749-759.
    26. Elena Cigu & Mihai-Bogdan Petrișor & Alina-Cristina Nuță & Florian-Marcel Nuță & Ionel Bostan, 2020. "The Nexus between Financial Regulation and Green Sustainable Economy," Sustainability, MDPI, vol. 12(21), pages 1-15, October.
    27. Marcin Bukowski & Janusz Majewski & Agnieszka Sobolewska, 2021. "Macroeconomic Efficiency of Photovoltaic Energy Production in Polish Farms," Energies, MDPI, vol. 14(18), pages 1-19, September.
    28. Marinus Ossewaarde & Roshnee Ossewaarde-Lowtoo, 2020. "The EU’s Green Deal: A Third Alternative to Green Growth and Degrowth?," Sustainability, MDPI, vol. 12(23), pages 1-15, November.
    29. Lichtblau, Karl & Bähr, Cornelius & Millack, Agnes & van Baal, Sebastian & aus dem Moore, Nils & Korfhage, Thorben, 2015. "Zukunft von Wirtschaft und Gesellschaft unter Minimalwachstumsbedingungen: Begründungsmuster, Folgen, Handlungsoptionen," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 123324.
    30. Naudé, Wim, 2023. "Melancholy Hues: The Futility of Green Growth and Degrowth, and the Inevitability of Societal Collapse," IZA Discussion Papers 16139, Institute of Labor Economics (IZA).
    31. Wang, En-Ze & Yang, Mian, 2022. "Green complexity and CO2 emission: Does institutional quality matter?," Energy Economics, Elsevier, vol. 110(C).

  8. Dietz, Simon & Hepburn, Cameron, 2013. "Benefit–cost analysis of non-marginal climate and energy projects," Energy Economics, Elsevier, vol. 40(C), pages 61-71.

    Cited by:

    1. Aurland-Bredesen , Kine Josefine, 2017. "Averting catastrophes in a more complex world," Working Paper Series 06-2017, Norwegian University of Life Sciences, School of Economics and Business.
    2. Lee, Amy H.I. & Chen, Hsing Hung & Chen, Jack, 2017. "Building smart grid to power the next century in Taiwan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P1), pages 126-135.
    3. Knoke, Thomas & Gosling, Elizabeth & Paul, Carola, 2020. "Use and misuse of the net present value in environmental studies," Ecological Economics, Elsevier, vol. 174(C).
    4. Simon Dietz & Nicoleta Anca Matei, 2016. "Spaces for Agreement: A Theory of Time-Stochastic Dominance and an Application to Climate Change," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(1), pages 85-130.
    5. Kine Josefine Aurland-Bredesen, 2020. "The Benefit-Cost Ratio as a Decision Criteria When Managing Catastrophes," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(2), pages 345-363, October.
    6. Jindal, Abhinav & Shrimali, Gireesh, 2022. "Cost–benefit analysis of coal plant repurposing in developing countries: A case study of India," Energy Policy, Elsevier, vol. 164(C).
    7. Nel, A.J.H. & Vosloo, J.C. & Mathews, M.J., 2018. "Financial model for energy efficiency projects in the mining industry," Energy, Elsevier, vol. 163(C), pages 546-554.
    8. Foley, Duncan K. & Rezai, Armon & Taylor, Lance, 2013. "The social cost of carbon emissions: Seven propositions," Economics Letters, Elsevier, vol. 121(1), pages 90-97.
    9. 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.
    10. Cees Withagen, 2019. "The Social Cost of Carbon and the Ramsey Rule," Working Papers 2019.16, FAERE - French Association of Environmental and Resource Economists.
    11. Diane Coyle, 2017. "Homo Economicus, AIs, Humans and Rats: Decision-Making and Economic Welfare," Economics Discussion Paper Series 1710, Economics, The University of Manchester.
    12. 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.
    13. Penny Mealy & Pete Barbrook-Johnson & Matthew C Ives & Sugandha Srivastav & Cameron Hepburn, 2023. "Sensitive intervention points: a strategic approach to climate action," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 39(4), pages 694-710.
    14. 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.
    15. Mattauch, Linus & Hepburn, Cameron, 2016. "Climate policy when preferences are endogenous – and sometimes they are," INET Oxford Working Papers 2016-04, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.

  9. Hepburn, Cameron J. & Quah, John K.-H. & Ritz, Robert A., 2013. "Emissions trading with profit-neutral permit allocations," Journal of Public Economics, Elsevier, vol. 98(C), pages 85-99.
    See citations under working paper version above.
  10. Dieter Helm & Cameron Hepburn & Giovanni Ruta, 2012. "Trade, climate change, and the political game theory of border carbon adjustments," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 28(2), pages 368-394, SUMMER.
    See citations under working paper version above.
  11. John Ward & Cameron Hepburn & David Anthoff & Simon Baptist & Philip Gradwell & Chris Hope & Max Krahé, 2012. "Self-interested Low-carbon Growth in Brazil, China, and India," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 4(3), pages 291-318, September.

    Cited by:

    1. Fei Teng & Frank Jotzo, 2014. "Reaping the Economic Benefits of Decarbonization for China," CCEP Working Papers 1413, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
    2. Alexander Pfeiffer & Cameron Hepburn, 2016. "Facing the Challenge of Climate Change," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 8(2), pages 201-215, May.
    3. Rajag M. Nag & Johannes F. Linn & Harinder S. Kohli (ed.), 2016. "Central Asia 2050: Unleashing the Region's Potential," Books, Emerging Markets Forum, edition 1, number centasia2050, May.

  12. Dieter Helm & Cameron Hepburn, 2012. "The economic analysis of biodiversity: an assessment," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 28(1), pages 1-21, Spring.

    Cited by:

    1. Kominers, Scott Duke & Teytelboym, Alexander & Crawford, Vincent P, 2017. "An invitation to market design," University of California at San Diego, Economics Working Paper Series qt3xp2110t, Department of Economics, UC San Diego.
    2. Boerema, A. & Van Passel, S. & Meire, P., 2018. "Cost-Effectiveness Analysis of Ecosystem Management With Ecosystem Services: From Theory to Practice," Ecological Economics, Elsevier, vol. 152(C), pages 207-218.
    3. Charles Palmer & Salvatore Di Falco, 2012. "Biodiversity, poverty, and development," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 28(1), pages 48-68, Spring.
    4. George Atisa, 2020. "Policy adoption, legislative developments, and implementation: the resulting global differences among countries in the management of biological resources," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 20(1), pages 141-159, March.
    5. Jan Brus & Jan Deutscher & Aleš Bajer & Petr Kupec & Lucie Olišarová, 2020. "Monetary Assessment of Restored Habitats as a Support Tool for Sustainable Landscape Management in Lowland Cultural Landscapes," Sustainability, MDPI, vol. 12(4), pages 1-15, February.
    6. Geoffrey Meen, 2016. "Spatial housing economics: A survey," Urban Studies, Urban Studies Journal Limited, vol. 53(10), pages 1987-2003, August.
    7. Spangenberg, Joachim H. & von Haaren, Christina & Settele, Josef, 2014. "The ecosystem service cascade: Further developing the metaphor. Integrating societal processes to accommodate social processes and planning, and the case of bioenergy," Ecological Economics, Elsevier, vol. 104(C), pages 22-32.
    8. Evans, Chris D. & Bonn, Aletta & Holden, Joseph & Reed, Mark S. & Evans, Martin G. & Worrall, Fred & Couwenberg, John & Parnell, Mark, 2014. "Relationships between anthropogenic pressures and ecosystem functions in UK blanket bogs: Linking process understanding to ecosystem service valuation," Ecosystem Services, Elsevier, vol. 9(C), pages 5-19.
    9. Spangenberg, Joachim H. & Settele, Josef, 2016. "Value pluralism and economic valuation – defendable if well done," Ecosystem Services, Elsevier, vol. 18(C), pages 100-109.
    10. David W. Martin, 2019. "Gender Concerns When Noah the Economist Ranks Biodiversity Protection Policies," Social Sciences, MDPI, vol. 8(10), pages 1-13, October.

  13. Cameron Hepburn & John Ward, 2011. "Self-interested Low-carbon Growth in G-20 Emerging Markets," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 3(2), pages 195-222, May.

    Cited by:

    1. Alexander Pfeiffer & Cameron Hepburn, 2016. "Facing the Challenge of Climate Change," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 8(2), pages 201-215, May.

  14. Samuel Fankhauser & Cameron Hepburn & Jisung Park, 2010. "Combining Multiple Climate Policy Instruments: How Not To Do It," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 1(03), pages 209-225.
    See citations under working paper version above.
  15. Cameron Hepburn & Benito Müller, 2010. "International Air Travel and Greenhouse Gas Emissions: A Proposal for an Adaptation Levy1," The World Economy, Wiley Blackwell, vol. 33(6), pages 830-849, June.

    Cited by:

    1. Dieter Helm & Cameron Hepburn & Giovanni Ruta, 2012. "Trade, climate change, and the political game theory of border carbon adjustments," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 28(2), pages 368-394, SUMMER.
    2. Jonathan Pickering & Carola Betzold & Jakob Skovgaard, 2017. "Special issue: managing fragmentation and complexity in the emerging system of international climate finance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(1), pages 1-16, February.
    3. Ryley, Tim & Baumeister, Stefan & Coulter, Liese, 2020. "Climate change influences on aviation: A literature review," Transport Policy, Elsevier, vol. 92(C), pages 55-64.
    4. Klaus Eisenack, 2011. "Adaptation financing as part of a global climate agreement: Is the adaptation levy appropriate?," Working Papers V-334-11, University of Oldenburg, Department of Economics, revised Mar 2011.
    5. Frame, David J. & Hepburn, Cameron, 2011. "Emerging markets and climate change: Mexican standoff or low-carbon race?," LSE Research Online Documents on Economics 37583, London School of Economics and Political Science, LSE Library.

  16. Fankhauser, Samuel & Hepburn, Cameron, 2010. "Designing carbon markets, Part II: Carbon markets in space," Energy Policy, Elsevier, vol. 38(8), pages 4381-4387, August.
    See citations under working paper version above.
  17. Cameron Hepburn & Stephen Duncan & Antonis Papachristodoulou, 2010. "Behavioural Economics, Hyperbolic Discounting and Environmental Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(2), pages 189-206, June.

    Cited by:

    1. Meredith S. Berry & Norma P. Nickerson & Amy L. Odum, 2017. "Delay Discounting as an Index of Sustainable Behavior: Devaluation of Future Air Quality and Implications for Public Health," IJERPH, MDPI, vol. 14(9), pages 1-14, September.
    2. Di Corato, Luca, 2012. "Optimal conservation policy under imperfect intergenerational altruism," Journal of Forest Economics, Elsevier, vol. 18(3), pages 194-206.
    3. 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.
    4. Hammitt, James & Robinson, Lisa, 2010. "Behavioral Economics and the Conduct of Benefit-Cost Analysis: Towards Principles and Standards," LERNA Working Papers 11.02.336, LERNA, University of Toulouse.
    5. Francisco Cabo & Guiomar Martín-Herrán & María Pilar Martínez-García, 2020. "Non-constant Discounting, Social Welfare and Endogenous Growth with Pollution Externalities," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(2), pages 369-403, July.
    6. Maria Arvaniti & Chandra K. Krishnamurthy & Anne-Sophie Crépin, 2019. "Time-consistent resource management with regime shifts," CER-ETH Economics working paper series 19/329, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    7. Persichina, Marco, 2016. "Present Bias in Renewable Resources Management Reduces Agent’s Welfare," MPRA Paper 86697, University Library of Munich, Germany, revised 30 Nov 2017.
    8. Persichina, Marco, 2016. "Cascading Defections from Cooperation Triggered by Present-Biased Behaviors in the Commons," MPRA Paper 83131, University Library of Munich, Germany, revised 30 Nov 2017.
    9. Gardner Brown & Daniel Hagen, 2010. "Behavioral Economics and the Environment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(2), pages 139-146, June.
    10. Simon Dietz & Frank Venmans, 2016. "The endowment effect and environmental discounting," GRI Working Papers 233, Grantham Research Institute on Climate Change and the Environment.
    11. Burlinson, Andrew & Giulietti, Monica & Battisti, Giuliana, 2018. "Technology adoption, consumer inattention and heuristic decision-making: Evidence from a UK district heating scheme," Research Policy, Elsevier, vol. 47(10), pages 1873-1886.
    12. Persichina, Marco, 2019. "Present Bias in Renewable Resources Management Reduces Agent’s Welfare," MPRA Paper 97986, University Library of Munich, Germany, revised 10 Dec 2019.
    13. Yildiz, Özgür, 2014. "Lehren aus der Verhaltensökonomik für die Gestaltung umweltpolitischer Maßnahmen [Lessons from behavioral economics for the design of environmental policy measures]," MPRA Paper 59360, University Library of Munich, Germany.
    14. Dongmei Guo & Shouyang Wang & Lin Zhao, 2020. "More Stringent Cap or Higher Penalty Fee? Dealing with Procrastination in Environmental Protection," Annals of Economics and Finance, Society for AEF, vol. 21(1), pages 41-69, May.
    15. Orlando Gomes & Alexandra Ferreira-Lopes & Tiago Sequeira, 2014. "Exponential discounting bias," Journal of Economics, Springer, vol. 113(1), pages 31-57, September.
    16. Henk Folmer & Olof Johansson-Stenman, 2011. "Does Environmental Economics Produce Aeroplanes Without Engines? On the Need for an Environmental Social Science," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(3), pages 337-361, March.
    17. 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.
    18. Di Corato, Luca, 2016. "Rural land development under hyperbolic discounting: a real option approach," Working Paper Series 2016:8, Swedish University of Agricultural Sciences, Department Economics.
    19. Dietz, Simon & Venmans, Frank, 2019. "The endowment effect, discounting and the environment," LSE Research Online Documents on Economics 100110, London School of Economics and Political Science, LSE Library.
    20. Kalk, Andrei & Sorger, Gerhard, 2023. "Climate policy under political pressure," Journal of Environmental Economics and Management, Elsevier, vol. 122(C).
    21. Fujii, Tomoki, 2013. "Modeling myopia: Application to non-renewable resource extraction," Mathematical Social Sciences, Elsevier, vol. 66(2), pages 95-104.
    22. Arvaniti, Maria & Krishnamurthy, Chandra Kiran B. & Crépin, Anne-Sophie, 2023. "Time-consistent renewable resource management with present bias and regime shifts," Journal of Economic Behavior & Organization, Elsevier, vol. 207(C), pages 479-495.
    23. Holden, Stein T. & Tilahun, Mesfin & Sommervoll, Dag Einar, 2022. "Is diminishing impatience in time-dated risky prospects explained by probability weighting?," CLTS Working Papers 3/22, Norwegian University of Life Sciences, Centre for Land Tenure Studies.
    24. Julia Ihli, Hanna & Chiputwa, Brian & Winter, Etti & Gassner, Anja, 2022. "Risk and time preferences for participating in forest landscape restoration: The case of coffee farmers in Uganda," World Development, Elsevier, vol. 150(C).
    25. 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.
    26. Persichina, Marco, 2016. "Other-regarding Preferences and Social Norms in the Intergenerational Transfer of Renewable Resources when Agent has Present-Biased Preferences," MPRA Paper 84277, University Library of Munich, Germany, revised 30 Nov 2017.

  18. Cameron Hepburn, 2010. "Environmental policy, government, and the market," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(2), pages 117-136, Summer.

    Cited by:

    1. Joseph, Lambert & Giles, Thomas & Nishatabbas, Rehmatulla & Tristan, Smith, 2021. "A techno-economic environmental cost model for Arctic shipping," Transportation Research Part A: Policy and Practice, Elsevier, vol. 151(C), pages 28-51.
    2. Alessio D’Amato & Roberta Sestini, 2023. "Buying or performing abatement: environmental policy and welfare when commitment is (not) credible," SEEDS Working Papers 0423, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Nov 2023.
    3. Song, Chun & Sesmero, Juan Pablo, 2017. "Tenure Stability and Environmental Performance: a Study of Chinese Cities," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258033, Agricultural and Applied Economics Association.
    4. Shafiu Ibrahim Abdullahi, 2019. "Financing Afforestation in the Organization of Islamic Cooperation Countries: What Role for Islamic Economics and Finance? تمويل استزراع الغابات في دول منظمة التعاون الإسلامي: ما دور الاقتصاد والتمويل," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 32(2), pages 161-177, January.
    5. Basu, Parantap & Jamasb, Tooraj & Sen, Anupama, 2023. "Trilemma or Trinity? The Nexus of Economic Growth, Circular Economy and Net Zero," Working Papers 10-2023, Copenhagen Business School, Department of Economics.
    6. Dominika Czyz & Karolina Safarzynska, 2023. "Catastrophic Damages and the Optimal Carbon Tax Under Loss Aversion," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 85(2), pages 303-340, June.
    7. Yves Steinebach, 2022. "Instrument choice, implementation structures, and the effectiveness of environmental policies: A cross‐national analysis," Regulation & Governance, John Wiley & Sons, vol. 16(1), pages 225-242, January.
    8. Burtraw, Dallas & Woerman, Matt, 2013. "Economic ideas for a complex climate policy regime," Energy Economics, Elsevier, vol. 40(S1), pages 24-31.
    9. Dong-Xiao Yang & Lei Yang & Xiao-Ling Chen & Chan Wang & Pu-Yan Nie, 2023. "Research on credit pricing mechanism in dual-credit policy: is the government in charge or is the market in charge?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(2), pages 1561-1581, February.
    10. Wei-Ta Fang & Yi-Te Chiang & Eric Ng & Jen-Chieh Lo, 2019. "Using the Norm Activation Model to Predict the Pro-Environmental Behaviors of Public Servants at the Central and Local Governments in Taiwan," Sustainability, MDPI, vol. 11(13), pages 1-20, July.
    11. Matt Andrews, 2014. "An Ends-Means Approach to Looking at Governance," CID Working Papers 281, Center for International Development at Harvard University.
    12. Rosetta Lombardo, 2011. "The Role Of Corporate Social Responsibility In Consumer Behaviour: An Unresolved Paradox," Working Papers 201115, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    13. Martin, Paul V., 2018. "Managing the risks of ecosystem services markets," Ecosystem Services, Elsevier, vol. 29(PB), pages 404-410.
    14. Tao, Yunqing & Wang, Dianjie & Ye, Yongwei & Wu, Haitao & Zhang, Yao, 2023. "The role of public environmental concern on corporate social responsibility: Evidence from search index of web users," Energy Economics, Elsevier, vol. 126(C).
    15. Okereke, Chukwumerije & McDaniels, Devin, 2012. "To what extent are EU steel companies susceptible to competitive loss due to climate policy?," Energy Policy, Elsevier, vol. 46(C), pages 203-215.
    16. Dong, Weijia & Dong, Xinyang & Lv, Xin, 2022. "How does ownership structure affect corporate environmental responsibility? Evidence from the manufacturing sector in China," Energy Economics, Elsevier, vol. 112(C).
    17. George Blumberg & Maurizio Sibilla, 2023. "A Carbon Accounting and Trading Platform for the uk Construction Industry," Energies, MDPI, vol. 16(4), pages 1-20, February.
    18. Wolfgang Buchholz & Jonas Frank & Hans-Dieter Karl & Johannes Pfeiffer & Karen Pittel & Ursula Triebswetter & Jochen Habermann & Wolfgang Mauch & Thomas Staudacher, 2012. "Die Zukunft der Energiemärkte: Ökonomische Analyse und Bewertung von Potenzialen und Handlungsmöglichkeiten," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 57.
    19. Andrews, Matt, 2014. "An Ends-Means Approach to Looking at Governance," Working Paper Series rwp14-022, Harvard University, John F. Kennedy School of Government.
    20. Cojoianu, Theodor F. & Clark, Gordon L. & Hoepner, Andreas G.F. & Veneri, Paolo & Wójcik, Dariusz, 2020. "Entrepreneurs for a low carbon world: How environmental knowledge and policy shape the creation and financing of green start-ups," Research Policy, Elsevier, vol. 49(6).
    21. Joas, Fabian & Pahle, Michael & Flachsland, Christian & Joas, Amani, 2016. "Which goals are driving the Energiewende? Making sense of the German Energy Transformation," Energy Policy, Elsevier, vol. 95(C), pages 42-51.
    22. Yunhee Kim, 2015. "Environmental, Sustainable Behaviors and Innovation of Firms During the Financial Crisis," Business Strategy and the Environment, Wiley Blackwell, vol. 24(1), pages 58-72, January.
    23. Guta, Dawit & Jara, Jose & Adhikari, Narayan & Qiu, Chen & Gaur, Varun & Mirzabaev, Alisher, 2015. "Decentralized energy in Water-Energy-Food Security Nexus in Developing Countries: Case Studies on Successes and Failures," Discussion Papers 207713, University of Bonn, Center for Development Research (ZEF).
    24. Egüez, Alejandro, 2020. "Energy Efficiency, District Heating and Waste Management," Umeå Economic Studies 979, Umeå University, Department of Economics.

  19. Fankhauser, Samuel & Hepburn, Cameron, 2010. "Designing carbon markets. Part I: Carbon markets in time," Energy Policy, Elsevier, vol. 38(8), pages 4363-4370, August.
    See citations under working paper version above.
  20. Anthoff, David & Hepburn, Cameron & Tol, Richard S.J., 2009. "Equity weighting and the marginal damage costs of climate change," Ecological Economics, Elsevier, vol. 68(3), pages 836-849, January.
    See citations under working paper version above.
  21. Helgeson, Jennifer & Dietz, Simon & Atkinson, Giles D. & Hepburn, Cameron & Sælen, Håkon, 2009. "Siblings, not triplets: social preferences for risk, inequality and time in discounting climate change," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-28.
    See citations under working paper version above.
  22. Hepburn, Cameron & Koundouri, Phoebe & Panopoulou, Ekaterini & Pantelidis, Theologos, 2009. "Social discounting under uncertainty: A cross-country comparison," Journal of Environmental Economics and Management, Elsevier, vol. 57(2), pages 140-150, March.
    See citations under working paper version above.
  23. Cameron Hepburn & Nicholas Stern, 2008. "A new global deal on climate change," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 24(2), pages 259-279, Summer.

    Cited by:

    1. Kennedy, Matthew & Basu, Biswajit, 2014. "An analysis of the climate change architecture," Renewable and Sustainable Energy Reviews, Elsevier, vol. 34(C), pages 185-193.
    2. Hongbo Duan, Lei Zhu, Gürkan Kumbaroglu, and Ying Fan, 2016. "Regional Opportunities for China To Go Low-Carbon: Results from the REEC Model," The Energy Journal, International Association for Energy Economics, vol. 0(China Spe).
    3. Jens Abildtrup & Jette Bredahl Jacobsen & Suzanne Elizabeth Vedel & Udo Mantau & Robert Mavsar & Davide Pettenella & Irina Prokofieva & Florian Schubert & Anne Stenger & Elsa Varela & Enrico Vidale & , 2023. "Preferences for climate change policies: the role of co-benefits," Post-Print hal-04132398, HAL.
    4. Konrad, Kai A. & Thum, Marcel, 2012. "The role of economic policy in climate change adaptation," EIB Working Papers 2012/02, European Investment Bank (EIB).
    5. -, 2015. "La economía del cambio climático en América Latina y el Caribe: paradojas y desafíos del desarrollo sostenible," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 37310 edited by Cepal, March.
    6. David Grover, 2012. "Do market-based instruments really induce more environmental R&D? A test using US panel data," GRI Working Papers 98, Grantham Research Institute on Climate Change and the Environment.
    7. Louise Ella Desquith & Olivier Renault, 2021. "Gestion du risque climatique : les déterminants des stratégies d’adaptation des agriculteurs en Afrique Subsaharienne," EconomiX Working Papers 2021-17, University of Paris Nanterre, EconomiX.
    8. -, 2013. "Economic Survey of Latin America and the Caribbean 2013: Three decades of uneven and unstable growth," Estudio Económico de América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1086 edited by Eclac, September.
    9. Cecere, Grazia & Mazzanti, Massimiliano, 2017. "Green jobs and eco-innovations in European SMEs," Resource and Energy Economics, Elsevier, vol. 49(C), pages 86-98.
    10. Barbier, Edward B., 2010. "Global governance: the G20 and a Global Green New Deal," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 4, pages 1-35.
    11. Nathan Rive & Dirk Rübbelke, 2010. "International environmental policy and poverty alleviation," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 146(3), pages 515-543, September.
    12. -, 2010. "Economics of climate change in Latin America and the Caribbean: summary 2010," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2990 edited by Eclac, March.
    13. Goddard, K.A. & Craig, K.J. & Schoombie, J. & le Roux, P.C., 2022. "Investigation of ecologically relevant wind patterns on Marion Island using Computational Fluid Dynamics and measured data," Ecological Modelling, Elsevier, vol. 464(C).
    14. Temple, Jonathan R.W., 2010. "Aid and Conditionality," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4415-4523, Elsevier.
    15. Elizabeth A. Stanton & Frank Ackerman, 2009. "Climate and development economics: Balancing science, politics and equity," Natural Resources Forum, Blackwell Publishing, vol. 33(4), pages 262-273, November.
    16. Iain Docherty & Jon Shaw, 2011. "The Transformation of Transport Policy in Great Britain? ‘New Realism’ and New Labour's Decade of Displacement Activity," Environment and Planning A, , vol. 43(1), pages 224-251, January.
    17. Pilkington, Brian & Roach, Richard & Perkins, James, 2011. "Relative benefits of technology and occupant behaviour in moving towards a more energy efficient, sustainable housing paradigm," Energy Policy, Elsevier, vol. 39(9), pages 4962-4970, September.
    18. Edward B. Barbier, 2013. "Is a global crisis required to prevent climate change? A historical–institutional perspective," Chapters, in: Roger Fouquet (ed.), Handbook on Energy and Climate Change, chapter 28, pages 598-614, Edward Elgar Publishing.
    19. Galindo, Luis Miguel & Samaniego, Joseluis, 2010. "The economics of climate change in Latin America and the Caribbean: stylized facts," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    20. Galindo, Luis Miguel & Samaniego, Joseluis, 2010. "La economía del cambio climático en América Latina y el Caribe: algunos hechos estilizados," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    21. Bárcena Ibarra, Alicia & Samaniego, Joseluis & Peres Núñez, Wilson & Alatorre, José Eduardo, 2020. "The climate emergency in Latin America and the Caribbean: The path ahead – resignation or action?," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 45678 edited by Eclac.
    22. Tae Hee Kim & Sun Hye Lee & Petros Vourvachis, 2023. "Accounting Standard-Setting for an Emission Trading Scheme: The Korean Case," Journal of Business Ethics, Springer, vol. 182(4), pages 1003-1024, February.
    23. ruble, isabella & Dagher, Leila, 2009. "Challenges to International Climate Policy – Lessons Learned and Alternatives," MPRA Paper 116128, University Library of Munich, Germany.
    24. 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.

  24. Hepburn, Cameron J. & Koundouri, Phoebe, 2007. "Recent advances in discounting: Implications for forest economics," Journal of Forest Economics, Elsevier, vol. 13(2-3), pages 169-189, August.

    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. James Breen & Darragh Clancy & Mary Ryan & M. Wallace, 2010. "Can’t See the Wood for the Trees: The Returns to Farm Forestry in Ireland," Working Papers 1003, Rural Economy and Development Programme,Teagasc.
    3. Roy Chowdhury, Pranab K. & Brown, Daniel G., 2023. "Modeling the effects of carbon payments and forest owner cooperatives on carbon storage and revenue in Pacific Northwest forestlands," Land Use Policy, Elsevier, vol. 131(C).
    4. Marshall, Liz & Kelly, Alexia, 2010. "The Time Value of Carbon and Carbon Storage: Clarifying the terms and the policy implications of the debate," MPRA Paper 27326, University Library of Munich, Germany.
    5. Watson, Charlene & Mourato, Susana & Milner-Gulland, E. J., 2013. "Uncertain emission reductions from forest conservation: REDD in the Bale mountains, Ethiopia," LSE Research Online Documents on Economics 54192, London School of Economics and Political Science, LSE Library.
    6. Stefan Dercon, 2014. "Climate Change, Green Growth and Aid Allocation to Poor Countries," CSAE Working Paper Series 2014-24, Centre for the Study of African Economies, University of Oxford.
    7. Acuña, Eduardo & Rubilar, Rafael & Cancino, Jorge & Albaugh, Timothy J. & Maier, Chris A., 2018. "Economic assessment of Eucalyptus globulus short rotation energy crops under contrasting silvicultural intensities on marginal agricultural land," Land Use Policy, Elsevier, vol. 76(C), pages 329-337.
    8. Phoebe Koundouri & Georgios I. Papayiannis & Electra V. Petracou & Athanasios N. Yannacopoulos, 2023. "Consensus group decision making under model uncertainty with a view towards environmental policy making," Papers 2312.00436, arXiv.org.
    9. Colin, Price, 2011. "Optimal rotation with declining discount rate," Journal of Forest Economics, Elsevier, vol. 17(3), pages 307-318, August.
    10. Jurgita Baranauskiene & Vilija Alekneviciene, 2019. "Comprehensive Measurement of Social Benefits Generated by Public Investment Projects," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 15(4), pages 195-210.
    11. Dumenu, William Kwadwo, 2013. "What are we missing? Economic value of an urban forest in Ghana," Ecosystem Services, Elsevier, vol. 5(C), pages 137-142.
    12. 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.
    13. António C. Pinheiro & Nuno Almeida Ribeiro & Peter Surový & Alfredo Gonçalves, 2008. "Economic implications of different cork oak forest management systems," Economics Working Papers 04_2008, University of Évora, Department of Economics (Portugal).
    14. Petri P Kärenlampi, 2019. "Wealth accumulation in rotation forestry – Failure of the net present value optimization?," PLOS ONE, Public Library of Science, vol. 14(10), pages 1-19, October.
    15. Hardaker, Ashley & Pagella, Tim & Rayment, Mark, 2021. "Ecosystem service and dis-service impacts of increasing tree cover on agricultural land by land-sparing and land-sharing in the Welsh uplands," Ecosystem Services, Elsevier, vol. 48(C).
    16. Sjølie, Hanne K. & Latta, Greg S. & Solberg, Birger, 2013. "Dual discounting in climate change mitigation in the forest sector," Journal of Forest Economics, Elsevier, vol. 19(4), pages 416-431.
    17. David Walker, 2014. "The Economic Potential for Forest-Based Carbon Sequestration under Different Emissions Targets and Accounting Schemes," Working Papers 2014.02, School of Economics, La Trobe University.
    18. 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.
    19. Phoebe Koundouri & Georgios I. Papayiannis & Athanasios Yannacopoulos, 2022. "Optimal Control Approaches to Sustainability under Uncertainty," DEOS Working Papers 2215, Athens University of Economics and Business.
    20. 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.
    21. Maria Nijnik & Guillaume Pajot, 2014. "Accounting for uncertainties and time preference in economic analysis of tackling climate change through forestry and selected policy implications for Scotland and Ukraine," Climatic Change, Springer, vol. 124(3), pages 677-690, June.
    22. Aleknevičienė, Vilija & Stončiuvienė, Neringa & Zinkevičienė, Danutė, 2013. "Determination of the fair value of a multifunctional family farm: a case study," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 115(3), pages 1-10, December.
    23. 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.
    24. Bianchi, Ettore & Accastello, Cristian & Trappmann, Daniel & Blanc, Simone & Brun, Filippo, 2018. "The Economic Evaluation of Forest Protection Service Against Rockfall: A Review of Experiences and Approaches," Ecological Economics, Elsevier, vol. 154(C), pages 409-418.
    25. Vecchiato, D. & Tempesta, T., 2013. "Valuing the benefits of an afforestation project in a peri-urban area with choice experiments," Forest Policy and Economics, Elsevier, vol. 26(C), pages 111-120.
    26. Hardaker, Ashley, 2018. "Is forestry really more profitable than upland farming? A historic and present day farm level economic comparison of upland sheep farming and forestry in the UK," Land Use Policy, Elsevier, vol. 71(C), pages 98-120.

  25. 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.

    Cited by:

    1. 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.
    2. 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.
    3. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.
    4. Wolfgang Buchholz, 2014. "Discounting in an Uncertain World - Disentangling the Debate on the Weitzman-Gollier Puzzle," CESifo Working Paper Series 4967, CESifo.
    5. 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.
    6. 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.
    7. Martin L. Weitzman, 2009. "Risk-Adjusted Gamma Discounting," NBER Working Papers 15588, National Bureau of Economic Research, Inc.
    8. 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.
    9. Wolfgang Buchholz & Jan Schumacher, 2008. "Discounting the Long-Distant Future: A Simple Explanation for the Weitzman-Gollier-Puzzle," CESifo Working Paper Series 2357, CESifo.
    10. Gollier, Christian, 2016. "Gamma discounters are short-termist," Journal of Public Economics, Elsevier, vol. 142(C), pages 83-90.
    11. 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.
    12. Buchholz Wolfgang & Heindl Peter, 2015. "Ökonomische Herausforderungen des Klimawandels," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(4), pages 324-350, December.
    13. Freeman, Mark C., 2009. "Yes, we should discount the far-distant future at its lowest possible rate: a resolution of the Weitzman-Gollier puzzle," Economics Discussion Papers 2009-42, Kiel Institute for the World Economy (IfW Kiel).
    14. 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.
    15. Hepburn, Cameron & Koundouri, Phoebe & Panopoulou, Ekaterini & Pantelidis, Theologos, 2009. "Social discounting under uncertainty: A cross-country comparison," Journal of Environmental Economics and Management, Elsevier, vol. 57(2), pages 140-150, March.
    16. Freeman, Mark C., 2010. "Yes, we should discount the far-distant future at its lowest possible rate: A resolution of the Weitzman-Gollier puzzle," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 4, pages 1-21.
    17. Pedro Conceição & Yanchun Zhang, 2010. "Discounting in the context of climate change economics: the policy implications of uncertainty and global asymmetries," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 12(1), pages 31-57, June.
    18. 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. 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.

  26. Wilfred Beckerman & Cameron Hepburn, 2007. "Ethics of the Discount Rate in the Stern Review on the Economics of Climate Change," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 8(1), pages 187-210, January.

    Cited by:

    1. Yacov Tsur & Amos Zemel, 2009. "Endogenous Discounting and Climate Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(4), pages 507-520, December.
    2. Hein, Lars & van Koppen, C.S.A. (Kris) & van Ierland, Ekko C. & Leidekker, Jakob, 2016. "Temporal scales, ecosystem dynamics, stakeholders and the valuation of ecosystems services," Ecosystem Services, Elsevier, vol. 21(PA), pages 109-119.
    3. Johansson-Stenman, Olof & Sterner, Thomas, 2013. "Discounting and Relative Consumption," Working Papers in Economics 559, University of Gothenburg, Department of Economics.
    4. Mathieu Guigourez, 2023. "10$ a ton of carbon ? The Stern-Nordhaus Controversy : Methodological and Ethical Issues," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-04161930, HAL.
    5. Gissela Landa & Paul Malliet & Frédéric Reynés & Aurélien Saussay, 2018. "The state of applied environmental macroeconomics," SciencePo Working papers Main hal-03443474, HAL.
    6. Anthoff, David & Hepburn, Cameron & Tol, Richard S.J., 2009. "Equity weighting and the marginal damage costs of climate change," Ecological Economics, Elsevier, vol. 68(3), pages 836-849, January.
    7. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.
    8. Christian Gollier, 2010. "Debating about the Discount Rate:The Basic Economic Ingredients," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(s1), pages 38-55, May.
    9. Simon Dietz & Anca N. Matei, 2013. "Spaces for agreement: a theory of Time-Stochastic Dominance," GRI Working Papers 137, Grantham Research Institute on Climate Change and the Environment.
    10. McDermott, T.K.J. & Surminski, S., 2018. "Normative interpretations of climate risk assessment and how it affects local decision making – a study at the city scale in Cork, Ireland," Working Papers 309607, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    11. Francis Dennig, 2018. "Climate change and the re-evaluation of cost-benefit analysis," Climatic Change, Springer, vol. 151(1), pages 43-54, November.
    12. Richard S.J. Tol, 2013. "Long live the Kyoto Protocol!," Chapters, in: Roger Fouquet (ed.), Handbook on Energy and Climate Change, chapter 14, pages 344-351, Edward Elgar Publishing.
    13. Atkinson, Giles D. & Dietz, Simon & Helgeson, Jennifer & Hepburn, Cameron & Sælen, Håkon, 2009. "Siblings, not triplets: social preferences for risk, inequality and time in discounting climate change," Economics Discussion Papers 2009-14, Kiel Institute for the World Economy (IfW Kiel).
    14. Cameron Hepburn & Hakon Sælen & Giles Atkinson & Simon Dietz, 2008. "Risk, inequality and time in the welfare economics of climate change: is the workhorse model underspecified?," Economics Series Working Papers 400, University of Oxford, Department of Economics.
    15. Simon Caney, 2014. "Climate change, intergenerational equity and the social discount rate," Politics, Philosophy & Economics, , vol. 13(4), pages 320-342, November.
    16. Siskos, Pelopidas & Capros, Pantelis & De Vita, Alessia, 2015. "CO2 and energy efficiency car standards in the EU in the context of a decarbonisation strategy: A model-based policy assessment," Energy Policy, Elsevier, vol. 84(C), pages 22-34.
    17. Celso Brunetti & John Caramichael & Matteo Crosignani & Benjamin Dennis & Gurubala Kotta & Donald P. Morgan & Chaehee Shin & Ilknur Zer, 2022. "Climate-related Financial Stability Risks for the United States: Methods and Applications," Finance and Economics Discussion Series 2022-043, Board of Governors of the Federal Reserve System (U.S.).
    18. Davidson, Marc D., 2014. "Zero discounting can compensate future generations for climate damage," Ecological Economics, Elsevier, vol. 105(C), pages 40-47.
    19. Václav Klaus & Dušan Tříska, 2007. "Ke kritice používání konceptu solidarity a diskriminace v intertemporální analýze tzv. globálních problémů [Towards a critique of the concepts of solidarity and discrimination as applied in inter-t," Politická ekonomie, Prague University of Economics and Business, vol. 2007(6), pages 723-750.
    20. Dietz, Simon & Morton, Alec, 2011. "Strategic appraisal of environmental risks: a contrast between the United Kingdom's Stern Review on the Economics of Climate Change and its Committee on Radioactive Waste Management," LSE Research Online Documents on Economics 31890, London School of Economics and Political Science, LSE Library.
    21. Simon Dietz & Nicoleta Anca Matei, 2016. "Spaces for Agreement: A Theory of Time-Stochastic Dominance and an Application to Climate Change," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(1), pages 85-130.
    22. Christian P. Fries & Lennart Quante, 2023. "Intergenerational Equitable Climate Change Mitigation: Negative Effects of Stochastic Interest Rates; Positive Effects of Financing," Papers 2312.07614, arXiv.org, revised May 2024.
    23. Simon Dietz & Alec Morton, 2009. "Strategic appraisal of environmental risks: a contrast between the UK�s Stern Review on the Economics of Climate Change and its Committee on Radioactive Waste Management," GRI Working Papers 5, Grantham Research Institute on Climate Change and the Environment.
    24. Michael Spackman, 2011. "Government discounting controversies: the valuation of social time preference," GRI Working Papers 68, Grantham Research Institute on Climate Change and the Environment.
    25. Simon Dietz & Alec Morton, 2011. "Strategic Appraisal of Environmental Risks: A Contrast Between the United Kingdom's Stern Review on the Economics of Climate Change and its Committee on Radioactive Waste Management," Risk Analysis, John Wiley & Sons, vol. 31(1), pages 129-142, January.
    26. 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.
    27. Aldred, Jonathan, 2013. "Justifying precautionary policies: Incommensurability and uncertainty," Ecological Economics, Elsevier, vol. 96(C), pages 132-140.
    28. Segal, Paul, 2012. "How to spend it: Resource wealth and the distribution of resource rents," Energy Policy, Elsevier, vol. 51(C), pages 340-348.
    29. Marc D. Davidson, 2012. "Intergenerational Justice: How Reasonable Man Discounts Climate Damage," Sustainability, MDPI, vol. 4(1), pages 1-17, January.
    30. Aldy, Joseph E. & Krupnick, Alan J. & Newell, Richard G. & Parry, Ian W.H. & Pizer, William A., 2009. "Designing Climate Mitigation Policy," RFF Working Paper Series dp-08-16, Resources for the Future.
    31. Bartolini, Stefano & Sarracino, Francesco, 2018. "Do People Care About Future Generations? Derived Preferences from Happiness Data," Ecological Economics, Elsevier, vol. 143(C), pages 253-275.
    32. David Anthoff & Richard Tol, 2009. "The Impact of Climate Change on the Balanced Growth Equivalent: An Application of FUND," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 43(3), pages 351-367, July.
    33. Brekke, Kjell Arne & Johansson-Stenman, Olof, 2008. "The Behavioural Economics of Climate Change," Working Papers in Economics 305, University of Gothenburg, Department of Economics.
    34. Larson, Donald F. & Ambrosi, Philippe & Dinar, Ariel & Rahman, Shaikh Mahfuzur & Entler, Rebecca, 2008. "Carbon markets, institutions, policies, and research," Policy Research Working Paper Series 4761, The World Bank.
    35. Hepburn, Cameron & Koundouri, Phoebe & Panopoulou, Ekaterini & Pantelidis, Theologos, 2009. "Social discounting under uncertainty: A cross-country comparison," Journal of Environmental Economics and Management, Elsevier, vol. 57(2), pages 140-150, March.
    36. Bayes Ahmed & Ilan Kelman & Heather K. Fehr & Manik Saha, 2016. "Community Resilience to Cyclone Disasters in Coastal Bangladesh," Sustainability, MDPI, vol. 8(8), pages 1-29, August.
    37. Callesen, Gustav Marquard & Lundhede, Thomas Hedemark & Olsen, Søren Bøye & Schou, Jesper Sølver, 2022. "Socioeconomic effects of a bottom-up multifunctional land consolidation project," Land Use Policy, Elsevier, vol. 117(C).
    38. 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.
    39. Frame, David J. & Hepburn, Cameron, 2011. "Emerging markets and climate change: Mexican standoff or low-carbon race?," LSE Research Online Documents on Economics 37583, London School of Economics and Political Science, LSE Library.
    40. Venmans, Frank & Groom, Ben, 2021. "Social discounting, inequality aversion, and the environment," LSE Research Online Documents on Economics 110739, London School of Economics and Political Science, LSE Library.
    41. Ian Bateman & Georgina Mace & Carlo Fezzi & Giles Atkinson & Kerry Turner, 2011. "Economic Analysis for Ecosystem Service Assessments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(2), pages 177-218, February.
    42. Christian Fries & Lennart Quante, 2023. "Intergenerational Equity in Models of Climate Change Mitigation: Stochastic Interest Rates introduce Adverse Effects, but (Non-linear) Funding Costs can Improve Intergenerational Equity," Papers 2309.16186, arXiv.org, revised Sep 2023.
    43. Rick Baker & Andrew Barker & Alan Johnston & Michael Kohlhaas, 2008. "The Stern Review: an assessment of its methodology," Staff Working Papers 0801, Productivity Commission, Government of Australia.
    44. Hamilton, Kirk & Stover, Jana, 2012. "Economic analysis of projects in a greenhouse world," Policy Research Working Paper Series 6117, The World Bank.
    45. 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.
    46. Mareike Schad & Jürgen John, 2012. "Towards a social discount rate for the economic evaluation of health technologies in Germany: an exploratory analysis," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 13(2), pages 127-144, April.
    47. 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.
    48. Cameron Hepburn & Stephen Duncan & Antonis Papachristodoulou, 2010. "Behavioural Economics, Hyperbolic Discounting and Environmental Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(2), pages 189-206, June.

  27. Ben Irons & Cameron Hepburn, 2007. "Regret Theory and the Tyranny of Choice," The Economic Record, The Economic Society of Australia, vol. 83(261), pages 191-203, June.

    Cited by:

    1. Javad Nasiry & Ioana Popescu, 2012. "Advance Selling When Consumers Regret," Management Science, INFORMS, vol. 58(6), pages 1160-1177, June.
    2. Sam Fankhauser & Cameron Hepburn, 2009. "Carbon markets in space and time," GRI Working Papers 3, Grantham Research Institute on Climate Change and the Environment.
    3. Sergei Mikhalishchev, 2020. "Optimal Menu when Agents Make Mistakes," CERGE-EI Working Papers wp670, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    4. Fankhauser, Samuel & Hepburn, Cameron, 2010. "Designing carbon markets, Part II: Carbon markets in space," Energy Policy, Elsevier, vol. 38(8), pages 4381-4387, August.
    5. Terry Connolly & Jochen Reb, 2012. "Regret aversion in reason-based choice," Theory and Decision, Springer, vol. 73(1), pages 35-51, July.
    6. Fabrice Le Lec & Marianne Lumeau & Benoît Tarroux, 2021. "How choice proliferation affects revealed preferences," Post-Print hal-03421574, HAL.
    7. Jason T. Abaluck & Jonathan Gruber, 2009. "Choice Inconsistencies Among the Elderly: Evidence from Plan Choice in the Medicare Part D Program," NBER Working Papers 14759, National Bureau of Economic Research, Inc.
    8. Dmitri Kuksov & J. Miguel Villas-Boas, 2010. "When More Alternatives Lead to Less Choice," Marketing Science, INFORMS, vol. 29(3), pages 507-524, 05-06.
    9. Sabrina Jeworrek & Vanessa Mertins, 2019. "Wage delegation in the field," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(4), pages 656-669, November.
    10. Klimm, Felix & Kocher, Martin G. & Opitz, Timm & Schudy, Simeon, 2023. "Time pressure and regret in sequential search," Journal of Economic Behavior & Organization, Elsevier, vol. 206(C), pages 406-424.
    11. Liang Guo, 2016. "Contextual Deliberation and Preference Construction," Management Science, INFORMS, vol. 62(10), pages 2977-2993, October.
    12. James T. Edwards & John A. List, 2013. "Toward an Understanding of why Suggestions Work in Charitable Fundraising: Theory and Evidence from a Natural Field Experiment," CESifo Working Paper Series 4531, CESifo.
    13. Tshilidzi Marwala, 2017. "Rational Choice and Artificial Intelligence," Papers 1703.10098, arXiv.org.
    14. George, Morris & Kumar, V. & Grewal, Dhruv, 2013. "Maximizing Profits for a Multi-Category Catalog Retailer," Journal of Retailing, Elsevier, vol. 89(4), pages 374-396.
    15. Iyengar, Sheena S. & Kamenica, Emir, 2010. "Choice proliferation, simplicity seeking, and asset allocation," Journal of Public Economics, Elsevier, vol. 94(7-8), pages 530-539, August.
    16. Christopher L Ambrey & Christopher M Fleming, 2011. "The influence of the natural environment and climate on life satisfaction in Australia," Discussion Papers in Economics economics:201101, Griffith University, Department of Accounting, Finance and Economics.
    17. J. Miguel Villas-Boas, 2009. "Product Variety and Endogenous Pricing with Evaluation Costs," Management Science, INFORMS, vol. 55(8), pages 1338-1346, August.
    18. Tassos Patokos, 2014. "Introducing Disappointment Dynamics and Comparing Behaviors in Evolutionary Games: Some Simulation Results," Games, MDPI, vol. 5(1), pages 1-25, January.
    19. Godoy, Ricardo & Zeinalova, Elizabeth & Reyes-García, Victoria & Huanca, Tomás & Kosiewicz, Holly & Leonard, William R. & Tanner, Susan, 2010. "Does civilization cause discontentment among indigenous Amazonians? Test of empirical data from the Tsimane' of Bolivia," Journal of Economic Psychology, Elsevier, vol. 31(4), pages 587-598, August.
    20. Malone, Trey & Lusk, Jayson L., 2017. "The excessive choice effect meets the market: A field experiment on craft beer choice," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 67(C), pages 8-13.
    21. Krähmer, Daniel & Stone, Rebecca, 2005. "Regret in Dynamic Decision Problems," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 71, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    22. Cameron Hepburn & Stephen Duncan & Antonis Papachristodoulou, 2010. "Behavioural Economics, Hyperbolic Discounting and Environmental Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(2), pages 189-206, June.

  28. Robin Smale & Murray Hartley & Cameron Hepburn & John Ward & Michael Grubb, 2006. "The impact of CO 2 emissions trading on firm profits and market prices," Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 31-48, January.

    Cited by:

    1. Jan Stede & Stefan Pauliuk & Gilang Hardadi & Karsten Neuhoff, 2021. "Carbon Pricing of Basic Materials: Incentives and Risks for the Value Chain and Consumers," Discussion Papers of DIW Berlin 1935, DIW Berlin, German Institute for Economic Research.
    2. Johannes Bollen & Corjan Brink & Paul Koutstaal & Paul Veenendaal & Herman Vollebergh, 2012. "Trade and Climate Change: Leaking Pledges," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 10(03), pages 44-51, November.
    3. Jay S. Coggins & Andrew L. Goodkind & Jason Nguyen & Zhiyu Wang, 2019. "Price Effects, Inefficient Environmental Policy, and Windfall Profits," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(3), pages 637-656, March.
    4. Moreno, Blanca & García-Álvarez, María Teresa & Fonseca, Ana Rosa, 2017. "Fuel prices impacts on stock market of metallurgical industry under the EU emissions trading system," Energy, Elsevier, vol. 125(C), pages 223-233.
    5. Wang, Kun & Fu, Xiaowen & Luo, Meifeng, 2015. "Modeling the impacts of alternative emission trading schemes on international shipping," Transportation Research Part A: Policy and Practice, Elsevier, vol. 77(C), pages 35-49.
    6. Michael Grubb, 2007. "The European Emissions Trading Scheme: An Overview of Operations and Lessons," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 5(04), pages 17-25, June.
    7. Richard Green & Yacob Mulugetta & Zhong Xiang Zhang, 2014. "Sustainable energy policy," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 33, pages 532-550, Edward Elgar Publishing.
    8. Ximin (Natalie) Huang & Tarkan Tan & L. Beril Toktay, 2021. "Carbon Leakage: The Impact of Asymmetric Regulation on Carbon‐Emitting Production," Production and Operations Management, Production and Operations Management Society, vol. 30(6), pages 1886-1903, June.
    9. Ferrara, Antonella Rita & Giua, Ludovica, 2022. "Indirect cost compensation under the EU ETS: A firm-level analysis," Energy Policy, Elsevier, vol. 165(C).
    10. Cameron Hepburn & Michael Grubb & Karsten Neuhoff & Felix Matthes & Maximilien Tse, 2006. "Auctioning of EU ETS Phase II allowances: how and why?," Working Papers EPRG 0621, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    11. Hamaguchi, Yoshihiro, 2020. "Dynamic analysis of bribery firms’ environmental tax evasion in an emissions trading market," Journal of Macroeconomics, Elsevier, vol. 63(C).
    12. Wang, M. & Zhou, P., 2017. "Does emission permit allocation affect CO2 cost pass-through? A theoretical analysis," Energy Economics, Elsevier, vol. 66(C), pages 140-146.
    13. Choi, Dong Gu & Thomas, Valerie M., 2012. "An electricity generation planning model incorporating demand response," Energy Policy, Elsevier, vol. 42(C), pages 429-441.
    14. Åsa L�fgren & Markus Wr�ke & Tomas Hagberg & Susanna Roth, 2014. "Why the EU ETS needs reforming: an empirical analysis of the impact on company investments," Climate Policy, Taylor & Francis Journals, vol. 14(5), pages 537-558, September.
    15. Venmans, Frank, 2012. "A literature-based multi-criteria evaluation of the EU ETS," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(8), pages 5493-5510.
    16. Di Li & Qianbin Di & Hailin Mu & Zenglin Han & Hongye Wang & Ye Duan, 2022. "Research on the Impact of Output Adjustment Strategy and Carbon Trading Policy on the Response, Stability and Complexity of Steel Market under the Dynamic Game," Sustainability, MDPI, vol. 14(19), pages 1-40, September.
    17. Chen, Zhongfei & Zhang, Xiao & Chen, Fanglin, 2021. "Do carbon emission trading schemes stimulate green innovation in enterprises? Evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 168(C).
    18. Mohamed Amine Boutabba & Sandrine Lardic, 2017. "Does European primary aluminum sector is exposed to carbon leakage? New insights from rolling analysis," Economics Bulletin, AccessEcon, vol. 37(1), pages 614-618.
    19. Maria Alessia Aiello & Cristina Angelico, 2022. "Climate change and credit risk: the effect of carbon taxes on Italian banks' business loan default rates," Questioni di Economia e Finanza (Occasional Papers) 688, Bank of Italy, Economic Research and International Relations Area.
    20. Yoshihiro Hamaguchi, 2022. "Effect of environmental tax evasion on pollution havens within the EU’s dual regulation system," SN Business & Economics, Springer, vol. 2(12), pages 1-25, December.
    21. Mo, Jian-Lei & Zhu, Lei & Fan, Ying, 2012. "The impact of the EU ETS on the corporate value of European electricity corporations," Energy, Elsevier, vol. 45(1), pages 3-11.
    22. Shan Yu & Qiang Hou & Jiayi Sun, 2020. "Investment Game Model Analysis of Emission-Reduction Technology Based on Cost Sharing and Coordination under Cost Subsidy Policy," Sustainability, MDPI, vol. 12(6), pages 1-19, March.
    23. Ling Huang & Yishu Zhou, 2019. "Carbon Prices and Fuel Switching: A Quasi-experiment in Electricity Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 53-98, September.
    24. Streimikiene, Dalia & Roos, Inge, 2009. "GHG emission trading implications on energy sector in Baltic States," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(4), pages 854-862, May.
    25. Sheldon, Ian & McCorriston, Steve, 2014. "Climate Policy and Border Measures: The Case of the US Aluminum Industry," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169544, Agricultural and Applied Economics Association.
    26. Misato Sato & Karsten Neuhoff & Verena Graichen & Katja Schumacher & Felix Matthes, 2015. "Sectors Under Scrutiny: Evaluation of Indicators to Assess the Risk of Carbon Leakage in the UK and Germany," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(1), pages 99-124, January.
    27. John Freebairn, 2008. "Some Sectoral and Global Distributional Issues in Greenhouse Gas Policy Design," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 15(1), pages 13-28.
    28. Philippe Quirion & Damien Demailly, 2008. "Changing the Allocation Rules in the EU ETS: Impact on Competitiveness and Economic Efficiency," Working Papers 2008.89, Fondazione Eni Enrico Mattei.
    29. Long, Wenbin & Qu, Xin & Yin, Saifeng, 2023. "How does carbon emissions trading policy affect accrued earnings management in corporations? Evidence from China," Finance Research Letters, Elsevier, vol. 55(PA).
    30. Frank Venmans, 2015. "Capital market response to emission allowance prices: a multivariate GARCH approach," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(4), pages 577-620, October.
    31. Bremberger, Francisca & Gasser, Stephan M. & Kremser, Thomas R. & Rammerstorfer, Margarethe, 2014. "The Impact of EU ETS Price Variations on Germany’s Electricity Production Mix," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 68(3), pages 164-180.
    32. Nicola De Vivo & Giovanni Marin, 2017. "How neutral is the choice of the allocation mechanism in cap-and-trade schemes? Evidence from the EU-ETS," SEEDS Working Papers 0417, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Aug 2017.
    33. Zhou, Yishu & Huang, Ling, 2021. "How regional policies reduce carbon emissions in electricity markets: Fuel switching or emission leakage," Energy Economics, Elsevier, vol. 97(C).
    34. Lin, Weiming & Chen, Jianling & Zheng, Yi & Dai, Yongwu, 2019. "Effects of the EU Emission Trading Scheme on the international competitiveness of pulp-and-paper industry," Forest Policy and Economics, Elsevier, vol. 109(C).
    35. Allevi, E. & Conejo, A.J. & Oggioni, G. & Riccardi, R. & Ruiz, C., 2018. "Evaluating the strategic behavior of cement producers: An equilibrium problem with equilibrium constraints," European Journal of Operational Research, Elsevier, vol. 264(2), pages 717-731.
    36. Reinders, Henk Jan & Schoenmaker, Dirk & van Dijk, Mathijs, 2023. "A finance approach to climate stress testing," Journal of International Money and Finance, Elsevier, vol. 131(C).
    37. Danquah Jeff Boakye & Ishmael TIngbani & Gabriel Ahinful & Isaac Damoah & Venancio Tauringana, 2020. "Sustainable environmental practices and financial performance: Evidence from listed small and medium‐sized enterprise in the United Kingdom," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2583-2602, September.
    38. Komorowska, Aleksandra & Benalcazar, Pablo & Kaszyński, Przemysław & Kamiński, Jacek, 2020. "Economic consequences of a capacity market implementation: The case of Poland," Energy Policy, Elsevier, vol. 144(C).
    39. Rentschler, Jun & Kornejew, Martin & Bazilian, Morgan, 2017. "Fossil fuel subsidy reforms and their impacts on firms," Energy Policy, Elsevier, vol. 108(C), pages 617-623.
    40. Xintong Wu & Zhendong Li & Fangcheng Tang, 2022. "The Effect of Carbon Price Volatility on Firm Green Transitions: Evidence from Chinese Manufacturing Listed Firms," Energies, MDPI, vol. 15(20), pages 1-11, October.
    41. Lei Zheng & Akira Omori & Jin Cao & Xuemeng Guo, 2023. "Environmental Regulation and Corporate Environmental Performance: Evidence from Chinese Carbon Emission Trading Pilot," Sustainability, MDPI, vol. 15(11), pages 1-18, May.
    42. Rodriguez Lopez, Juan Miguel & Sakhel, Alice & Busch, Timo, 2017. "Corporate investments and environmental regulation: The role of regulatory uncertainty, regulation-induced uncertainty, and investment history," European Management Journal, Elsevier, vol. 35(1), pages 91-101.
    43. Okereke, Chukwumerije & McDaniels, Devin, 2012. "To what extent are EU steel companies susceptible to competitive loss due to climate policy?," Energy Policy, Elsevier, vol. 46(C), pages 203-215.
    44. John Freebairn, 2010. "Carbon Taxes vs Tradable Permits: Efficiency and Equity Effects for a Small Open Economy," Chapters, in: Iris Claus & Norman Gemmell & Michelle Harding & David White (ed.), Tax Reform in Open Economies, chapter 10, Edward Elgar Publishing.
    45. Chen, Zhe & Chen, Yan-ling & Su, Yue & Wang, Xue-ying & Wu, You, 2023. "The CO2 cost pass-through in nonlinear emission trading schemes," Journal of Commodity Markets, Elsevier, vol. 30(C).
    46. Knight, Eric, 2010. "The Economic Geography of European Carbon Market Trading," Working Papers 249382, Australian National University, Centre for Climate Economics & Policy.
    47. Sun, Chuanwang & Zeng, Yingfang, 2023. "Does the green credit policy affect the carbon emissions of heavily polluting enterprises?," Energy Policy, Elsevier, vol. 180(C).
    48. Cao, Guangxi & Xu, Wei, 2016. "Nonlinear structure analysis of carbon and energy markets with MFDCCA based on maximum overlap wavelet transform," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 444(C), pages 505-523.
    49. Bunn, Derek W. & Fezzi, Carlo, 2007. "Interaction of European Carbon Trading and Energy Prices," Climate Change Modelling and Policy Working Papers 9092, Fondazione Eni Enrico Mattei (FEEM).
    50. Nassani, Abdelmohsen A. & Awan, Usama & Zaman, Khalid & Hyder, Shabir & Aldakhil, Abdullah Mohammed & Abro, Muhammad Moinuddin Qazi, 2019. "Management of natural resources and material pricing: Global evidence," Resources Policy, Elsevier, vol. 64(C).
    51. Yoshihiro Hamaguchi, 2020. "Do pollution havens restrict tourism-led growth? Achieving sustainable tourism via a mix of environmental and tourism policies," Tourism Economics, , vol. 26(7), pages 1175-1196, November.
    52. Hui‐Cheng Yu & Bor‐Yuan Tsai, 2018. "Environmental policy and sustainable development: An empirical study on carbon reduction among Chinese enterprises," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(5), pages 1019-1026, September.
    53. Zhu, Lei & Zhang, Xiao-Bing & Li, Yuan & Wang, Xu & Guo, Jianxin, 2017. "Can an emission trading scheme promote the withdrawal of outdated capacity in energy-intensive sectors? A case study on China's iron and steel industry," Energy Economics, Elsevier, vol. 63(C), pages 332-347.
    54. Di Zhou & Xiaoyu Liang & Ye Zhou & Kai Tang, 2020. "Does Emission Trading Boost Carbon Productivity? Evidence from China’s Pilot Emission Trading Scheme," IJERPH, MDPI, vol. 17(15), pages 1-16, July.

  29. Cameron Hepburn & Michael Grubb & Karsten Neuhoff & Felix Matthes & Maximilien Tse, 2006. "Auctioning of EU ETS phase II allowances: how and why?," Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 137-160, January.
    See citations under working paper version above.
  30. Cameron Hepburn, 2006. "Regulation by Prices, Quantities, or Both: A Review of Instrument Choice," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(2), pages 226-247, Summer.

    Cited by:

    1. Alessio D'Amato & Edilio Valentini & Mariangela Zoli, 2016. "Tradable Quotas Taxation and Market Power," CEIS Research Paper 371, Tor Vergata University, CEIS, revised 24 Mar 2016.
    2. Elisabetta Cornago & Renaud Foucart, 2014. "Instrument Choice and Cost Uncertainty in the Electricity Market," Working Papers ECARES ECARES 2014-13, ULB -- Universite Libre de Bruxelles.
    3. Francesco Lamperti & Mariana Mazzucato & Andrea Roventini & Gregor Semieniuk, 2019. "The green transition: public policy, finance, and the role of the State," SciencePo Working papers Main hal-04114748, HAL.
    4. Lamperti, Francesco & Napoletano, Mauro & Roventini, Andrea, 2020. "Green Transitions And The Prevention Of Environmental Disasters: Market-Based Vs. Command-And-Control Policies," Macroeconomic Dynamics, Cambridge University Press, vol. 24(7), pages 1861-1880, October.
    5. García Benavente, José Miguel, 2016. "Impact of a carbon tax on the Chilean economy: A computable general equilibrium analysis," Energy Economics, Elsevier, vol. 57(C), pages 106-127.
    6. Thomas Grebel, 2019. "What a difference carbon leakage correction makes!," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 939-971, July.
    7. Haris Alibašić & Christopher L. Atkinson, 2023. "Policy Transfer Framework in the Environmental Governance of Non-EU and EU Member Countries: A Comparative Analysis of Bosnia and Herzegovina and Croatia," Sustainability, MDPI, vol. 15(13), pages 1-24, June.
    8. Wood, Peter John & Jotzo, Frank, 2009. "Price Floors for Emissions Trading," Research Reports 94885, Australian National University, Environmental Economics Research Hub.
    9. Grischa Perino & Robert Ritz & Arthur van Benthem, 2020. "Overlapping Climate Policies," Working Papers EPRG2034, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    10. Estelle Cantillon & Aurélie Slechten, 2023. "Market Design for the Environment," NBER Chapters, in: New Directions in Market Design, National Bureau of Economic Research, Inc.
    11. Marco Raberto & Bulent Ozel & Linda Ponta & Andrea Teglio & Silvano Cincotti, 2019. "From financial instability to green finance: the role of banking and credit market regulation in the Eurace model," Journal of Evolutionary Economics, Springer, vol. 29(1), pages 429-465, March.
    12. Kuppusamy, Saravanan & Magazine, Michael J. & Rao, Uday, 2023. "Impact of downstream emissions cap-and-trade policy on electric vehicle and clean utility adoption," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 180(C).
    13. Darmani, Anna & Rickne, Annika & Hidalgo, Antonio & Arvidsson, Niklas, 2016. "When outcomes are the reflection of the analysis criteria: A review of the tradable green certificate assessments," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 372-381.
    14. Jack Pezzey & Frank Jotzo, 2010. "Tax-Versus-Trading and Free Emission Shares as Issues for Climate Policy Design," Environmental Economics Research Hub Research Reports 1068, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
    15. Rohling, Moritz & Ohndorf, Markus, 2012. "Prices vs. Quantities with fiscal cushioning," Resource and Energy Economics, Elsevier, vol. 34(2), pages 169-187.
    16. Stagnaro, Carlo, 2008. "Europe 2020: an Alternative Proposal," MPRA Paper 48743, University Library of Munich, Germany.
    17. Erik Gawel & Sebastian Strunz & Paul Lehmann, 2016. "Support policies for renewables: Instrument choice and instrument change from a Public Choice perspective," WIDER Working Paper Series wp-2016-6, World Institute for Development Economic Research (UNU-WIDER).
    18. Traeger, Christian & Karp, Larry, 2021. "Smart Cap," CEPR Discussion Papers 15941, C.E.P.R. Discussion Papers.
    19. Linda Cohen & Amihai Glazer, 2008. "Regulation with Budget Constraints Can Dominate Regulation by Price and by Quantity," Working Papers 080903, University of California-Irvine, Department of Economics.
    20. Georg Gr�ll & Luca Taschini, 2010. "Cap-and-trade properties under different hybrid scheme designs," GRI Working Papers 26, Grantham Research Institute on Climate Change and the Environment.
    21. Zhe Li & Shouyong Shi, 2010. "Emission Tax or Standard? The Role of Productivity Dispersion," Working Papers tecipa-409, University of Toronto, Department of Economics.
    22. Brian F. Snyder, 2015. "Tax and trade: a hybrid climate policy instrument to control carbon prices and emissions," Climate Policy, Taylor & Francis Journals, vol. 15(6), pages 743-750, November.
    23. Wen Cheng & Qunqi Wu & Fei Ye & Qian Li, 2022. "The Impact of Government Interventions and Consumer Green Preferences on the Competition between Green and Nongreen Supply Chains," Sustainability, MDPI, vol. 14(10), pages 1-34, May.
    24. Fergus Green & Richard Denniss, 2018. "Cutting with both arms of the scissors: the economic and political case for restrictive supply-side climate policies," Climatic Change, Springer, vol. 150(1), pages 73-87, September.
    25. Richstein, Jörn C. & Chappin, Emile J.L. & de Vries, Laurens J., 2014. "Cross-border electricity market effects due to price caps in an emission trading system: An agent-based approach," Energy Policy, Elsevier, vol. 71(C), pages 139-158.
    26. Afrifa, Godfred Adjapong & Tingbani, Ishmael & Yamoah, Fred & Appiah, Gloria, 2020. "Innovation input, governance and climate change: Evidence from emerging countries," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
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    152. Lawrence Rothenberg, 2012. "The Political Economy of Climate Change," Chapters, in: Chin Hee Hahn & Sang-Hyop Lee & Kyoung-Soo Yoon (ed.), Responding to Climate Change, chapter 5, Edward Elgar Publishing.
    153. Yoshihiro Hamaguchi, 2020. "Do pollution havens restrict tourism-led growth? Achieving sustainable tourism via a mix of environmental and tourism policies," Tourism Economics, , vol. 26(7), pages 1175-1196, November.
    154. Clò, Stefano & Battles, Susan & Zoppoli, Pietro, 2013. "Policy options to improve the effectiveness of the EU emissions trading system: A multi-criteria analysis," Energy Policy, Elsevier, vol. 57(C), pages 477-490.
    155. Mattauch, Linus & Hepburn, Cameron, 2016. "Climate policy when preferences are endogenous – and sometimes they are," INET Oxford Working Papers 2016-04, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    156. Ian W.H. Parry & Mr. Dirk Heine & Kelley Kizzier & Tristan Smith, 2018. "Carbon Taxation for International Maritime Fuels: Assessing the Options," IMF Working Papers 2018/203, International Monetary Fund.
    157. Arild Heimvik & Eirik S. Amundsen, 2019. "Prices vs. percentages: use of tradable green certificates as an instrument of greenhouse gas mitigation," CESifo Working Paper Series 7521, CESifo.
    158. Sauer, Johannes & Walsh, John & Zilberman, David, 2012. "Producer Behaviour and Agri-Environmental Policies: A Directional Distance based Matching Approach," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124877, Agricultural and Applied Economics Association.
    159. Botor, Benjamin & Böcker, Benjamin & Kallabis, Thomas & Weber, Christoph, 2021. "Information shocks and profitability risks for power plant investments – impacts of policy instruments," Energy Economics, Elsevier, vol. 102(C).

  31. Ben Groom & Cameron Hepburn & Phoebe Koundouri & David Pearce, 2005. "Declining Discount Rates: The Long and the Short of it," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 32(4), pages 445-493, December.

    Cited by:

    1. Andrew Coleman, 2019. "Liquidity, the government balance sheet, and the public sector discount rate," Working Papers 19_13, Motu Economic and Public Policy Research.
    2. Rob Aalbers, 2009. "Discounting investments in mitigation and adaptation: a dynamic stochastic general equilibrium approach of climate change," CPB Discussion Paper 126, CPB Netherlands Bureau for Economic Policy Analysis.
    3. Watson, Charlene & Mourato, Susana & Milner-Gulland, E. J., 2013. "Uncertain emission reductions from forest conservation: REDD in the Bale mountains, Ethiopia," LSE Research Online Documents on Economics 54192, London School of Economics and Political Science, LSE Library.
    4. Daniel H. Cole, 2007. "The Stern Review and its critics: implications for the theory and practice of costs-benefits analysis," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, November.
    5. Portuese, Aurelien, 2018. "Towards a Meta Cost-benefit Analysis: The Case of Brexit," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 19(1), June.
    6. Szekeres, Szabolcs, 2020. "Correcting the Error in Gamma Discounting," MPRA Paper 102232, University Library of Munich, Germany, revised 27 Jul 2020.
    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. 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.
    9. 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.
    10. Laibson, David I., 1997. "Golden Eggs and Hyperbolic Discounting," Scholarly Articles 4481499, Harvard University Department of Economics.
    11. 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.
    12. Kögel, Tomas, 2009. "On the Relation between Discounting of Climate Change and Edgeworth-Pareto Substitutability," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-12.
    13. Sascha Kollenberg & Luca Taschini, 2016. "Emissions trading systems with cap adjustments," GRI Working Papers 195, Grantham Research Institute on Climate Change and the Environment.
    14. Szekeres, Szabolcs, 2015. "When should the distant future not be discounted at increasing discount rates?," MPRA Paper 63437, University Library of Munich, Germany.
    15. Francisco Cabo & Guiomar Martín-Herrán & María Pilar Martínez-García, 2020. "Non-constant Discounting, Social Welfare and Endogenous Growth with Pollution Externalities," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(2), pages 369-403, July.
    16. 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.
    17. Jolanta Bijańska & Krzysztof Wodarski & Aneta Aleksander, 2022. "Analysis of the Financing Options for Pro-Ecological Projects," Energies, MDPI, vol. 15(6), pages 1-30, March.
    18. Dean T. Jamison & Julian Jamison, 2010. "Characterizing the amount and speed of discounting procedures," Working Papers 10-14, Federal Reserve Bank of Boston.
    19. Aline Chiabai & Ibon Galarraga & Anil Markandya & Unai Pascual, 2011. "The Equivalency Principle for Discounting the Value of Natural Assets: An Application to an Investment Project in the Basque Coast," Working Papers 2011-10, BC3.
    20. Phoebe Koundouri & Georgios I. Papayiannis & Electra V. Petracou & Athanasios N. Yannacopoulos, 2023. "Consensus group decision making under model uncertainty with a view towards environmental policy making," Papers 2312.00436, arXiv.org.
    21. 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.
    22. Bednyagin, Denis & Gnansounou, Edgard, 2011. "Real options valuation of fusion energy R&D programme," Energy Policy, Elsevier, vol. 39(1), pages 116-130, January.
    23. Winkler, Ralph, 2009. "Now or Never: Environmental Protection under Hyperbolic Discounting," Economics Discussion Papers 2009-4, Kiel Institute for the World Economy (IfW Kiel).
    24. Desheng Wu & Shuzhen Chen, 2017. "Benchmarking Discount Rate in Natural Resource Damage Assessment with Risk Aversion," Risk Analysis, John Wiley & Sons, vol. 37(8), pages 1522-1531, August.
    25. Turró, Mateu & Penyalver, Domingo, 2019. "Hunting white elephants on the road. A practical procedure to detect harmful projects of transport infrastructure," Research in Transportation Economics, Elsevier, vol. 75(C), pages 3-20.
    26. 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.
    27. Kögel, Tomas, 2009. "On the Relation between Dual-Rate Discounting and Substitutability," Economics Discussion Papers 2009-10, Kiel Institute for the World Economy (IfW Kiel).
    28. Davis, James & Rausser, Gordon, 2020. "Amending conservation programs through expanding choice architecture: A case study of forestry and livestock producers," Agricultural Systems, Elsevier, vol. 177(C).
    29. Jarisch, Isabelle & Bödeker, Kai & Bingham, Logan Robert & Friedrich, Stefan & Kindu, Mengistie & Knoke, Thomas, 2022. "The influence of discounting ecosystem services in robust multi-objective optimization – An application to a forestry-avocado land-use portfolio," Forest Policy and Economics, Elsevier, vol. 141(C).
    30. Stefano Giglio & Matteo Maggiori & Johannes Stroebel, 2014. "Very Long-Run Discount Rates," NBER Working Papers 20133, National Bureau of Economic Research, Inc.
    31. Alistair Ulph & David Ulph, 2007. "Climate change—environmental and technology policies in a strategic context," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(1), pages 159-180, May.
    32. 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.
    33. Michael Spackman, 2011. "Government discounting controversies: the valuation of social time preference," GRI Working Papers 68, Grantham Research Institute on Climate Change and the Environment.
    34. Burlinson, Andrew & Giulietti, Monica & Battisti, Giuliana, 2018. "Technology adoption, consumer inattention and heuristic decision-making: Evidence from a UK district heating scheme," Research Policy, Elsevier, vol. 47(10), pages 1873-1886.
    35. Jamison Dean T. & Jamison Julian, 2011. "Characterizing the Amount and Speed of Discounting Procedures," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(2), pages 1-56, April.
    36. Ioanna Grammatikopoulou & Janne Artell & Turo Hjerppe & Eija Pouta, 2020. "A Mire of Discount Rates: Delaying Conservation Payment Schedules in a Choice Experiment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(3), pages 615-639, November.
    37. Alfred Endres & Regina Bertram & Bianca Rundshagen, 2007. "Environmental Liability Law and Induced Technical Change – The Role of Discounting," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 36(3), pages 341-366, March.
    38. Fujii, Tomoki & Karp, Larry, 2008. "Numerical analysis of non-constant pure rate of time preference: A model of climate policy," Journal of Environmental Economics and Management, Elsevier, vol. 56(1), pages 83-101, July.
    39. Geoffrey Heal & Antony Millner, 2013. "Discounting under disagreement," GRI Working Papers 112, Grantham Research Institute on Climate Change and the Environment.
    40. Sjølie, Hanne K. & Latta, Greg S. & Solberg, Birger, 2013. "Dual discounting in climate change mitigation in the forest sector," Journal of Forest Economics, Elsevier, vol. 19(4), pages 416-431.
    41. Szekeres, Szabolcs, 2021. "Should CBA use descriptive or prescriptive discount rates? It should use both!," MPRA Paper 106029, University Library of Munich, Germany.
    42. Dongmei Guo & Shouyang Wang & Lin Zhao, 2020. "More Stringent Cap or Higher Penalty Fee? Dealing with Procrastination in Environmental Protection," Annals of Economics and Finance, Society for AEF, vol. 21(1), pages 41-69, May.
    43. Matthew Adler & Nicolas Treich, 2015. "Prioritarianism and Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(2), pages 279-308, October.
    44. Olga Špačková & Daniel Straub, 2015. "Cost‐Benefit Analysis for Optimization of Risk Protection Under Budget Constraints," Risk Analysis, John Wiley & Sons, vol. 35(5), pages 941-959, May.
    45. Kögel, Tomas, 2011. "The social cost of carbon on an optimal balanced growth path," Economics Discussion Papers 2011-35, Kiel Institute for the World Economy (IfW Kiel).
    46. Lee, Ji Yun & Ellingwood, Bruce R., 2017. "A decision model for intergenerational life-cycle risk assessment of civil infrastructure exposed to hurricanes under climate change," Reliability Engineering and System Safety, Elsevier, vol. 159(C), pages 100-107.
    47. Phoebe Koundouri & Georgios I. Papayiannis & Athanasios Yannacopoulos, 2022. "Optimal Control Approaches to Sustainability under Uncertainty," DEOS Working Papers 2215, Athens University of Economics and Business.
    48. Michalis Skourtos & Dimitris Damigos & Areti Kontogianni & Christos Tourkolias & Alistair Hunt, 2019. "Embedding Preference Uncertainty for Environmental Amenities in Climate Change Economic Assessments: A “Random” Step Forward," Economies, MDPI, vol. 7(4), pages 1-22, October.
    49. Szekeres, Szabolcs, 2022. "Answering the social discount rate question," MPRA Paper 115848, University Library of Munich, Germany.
    50. Elyès Jouini & Clotilde Napp, 2014. "How to aggregate experts' discount rates: an equilibrium approach," Post-Print halshs-00927269, HAL.
    51. Orlando Gomes & Alexandra Ferreira-Lopes & Tiago Sequeira, 2014. "Exponential discounting bias," Journal of Economics, Springer, vol. 113(1), pages 31-57, September.
    52. 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).
    53. Burgess David F. & Zerbe Richard O., 2013. "The most appropriate discount rate," Journal of Benefit-Cost Analysis, De Gruyter, vol. 4(3), pages 391-400, December.
    54. Rubén Pérez-Álvarez & Saúl Torres-Ortega & Pedro Díaz-Simal & Raúl Husillos-Rodríguez & Julio Manuel De Luis-Ruiz, 2016. "Economic Valuation of Mining Heritage from a Recreational Approach: Application to the Case of El Soplao Cave in Spain (Geosite UR004)," Sustainability, MDPI, vol. 8(2), pages 1-15, February.
    55. Ben Groom & Cameron Hepburn & Phoebe Koundouri & David Pearce, 2007. "Implications of declining discount rates: Climate Change Policy in the UK," DEOS Working Papers 0702, Athens University of Economics and Business.
    56. Saraev, Vadim & Valatin, Gregory & Peace, Andrew & Quine, Christopher, 2019. "How does a biodiversity value impact upon optimal rotation length? An investigation using species richness and forest stand age," Forest Policy and Economics, Elsevier, vol. 107(C), pages 1-1.
    57. Anthony E. Boardman & Aidan R. Vining, 2010. "Assessing the Economic Worth of Public–Private Partnerships," Chapters, in: Graeme A. Hodge & Carsten Greve & Anthony E. Boardman (ed.), International Handbook on Public–Private Partnerships, chapter 8, Edward Elgar Publishing.
    58. Elyès Jouini & Jean-Michel Marin & Clotilde Napp, 2010. "Discounting and Divergence of Opinion," Post-Print halshs-00176636, HAL.
    59. 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.
    60. Christoph Heinzel & Ralph Winkler, 2011. "Distorted time preferences and time-to-build in the transition to a low-carbon energy industry," Post-Print hal-02644272, HAL.
    61. Szekeres, Szabolcs, 2018. "Why expected discount factors yield incorrect expected present values," MPRA Paper 91187, University Library of Munich, Germany, revised 02 Jan 2019.
    62. Roger Fouquet, 2012. "Economics of Energy and Climate Change: Origins, Developments and Growth," Working Papers 2012-08, BC3.
    63. Fujii, Tomoki, 2013. "Modeling myopia: Application to non-renewable resource extraction," Mathematical Social Sciences, Elsevier, vol. 66(2), pages 95-104.
    64. 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.
    65. 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.
    66. Ian Bateman & Georgina Mace & Carlo Fezzi & Giles Atkinson & Kerry Turner, 2011. "Economic Analysis for Ecosystem Service Assessments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(2), pages 177-218, February.
    67. Diez, Jose Maria & Lopez-Lambas, Maria Eugenia & Gonzalo, Hernán & Rojo, Marta & Garcia-Martinez, Andres, 2018. "Methodology for assessing the cost effectiveness of Sustainable Urban Mobility Plans (SUMPs). The case of the city of Burgos," Journal of Transport Geography, Elsevier, vol. 68(C), pages 22-30.
    68. Marian Leimbach & Nico Bauer, 2022. "Capital markets and the costs of climate policies," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 24(3), pages 397-420, July.
    69. VARDAR, N. Baris, 2014. "Optimal energy transition and taxation of non-renewable resources," LIDAM Discussion Papers CORE 2014021, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    70. Josefa López-Marín & Amparo Gálvez & Francisco M. del Amor & Jose M. Brotons, 2020. "The Financial Valuation Risk in Pepper Production: The Use of Decoupled Net Present Value," Mathematics, MDPI, vol. 9(1), pages 1-19, December.
    71. Klepper, Gernot & Dovern, Jonas & Rickels, Wilfried & Barben, Daniel & Goeschl, Timo & Harnisch, Sebastian & Heyen, Daniel & Janich, Nina & Maas, Achim & Matzner, Nils & Scheffran, Jürgen & Uther, Ste, 2016. "Herausforderung Climate Engineering: Bewertung neuer Optionen für den Klimaschutz," Kieler Beiträge zur Wirtschaftspolitik 8, Kiel Institute for the World Economy (IfW Kiel).
    72. Szekeres, Szabolcs, 2021. "Should CBA use descriptive or prescriptive discount rates? It should use both!," MPRA Paper 108397, University Library of Munich, Germany.
    73. 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.
    74. Christoph Heinzel & Ralph Winkler, 2007. "The role of environmental and technology policies in the transition to a low-carbon energy industry," CER-ETH Economics working paper series 07/71, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    75. Dorje C. Brody & Lane P. Hughston, 2013. "Social Discounting and the Long Rate of Interest," Papers 1306.5145, arXiv.org, revised Sep 2015.
    76. Szekeres, Szabolcs, 2024. "Resolving the Discounting Dilemma," MPRA Paper 120014, University Library of Munich, Germany.
    77. Cameron Hepburn & Stephen Duncan & Antonis Papachristodoulou, 2010. "Behavioural Economics, Hyperbolic Discounting and Environmental Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(2), pages 189-206, June.

  32. David Pearce & Ben Groom & Cameron Hepburn & Phoebe Koundouri, 2003. "Valuing the Future," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 4(2), pages 121-141, April.

    Cited by:

    1. Mouez Fodha, 2015. "Nuclear waste storage and environmental intergenerational externalities," PSE-Ecole d'économie de Paris (Postprint) insu-01105358, HAL.
    2. Watson, Charlene & Mourato, Susana & Milner-Gulland, E. J., 2013. "Uncertain emission reductions from forest conservation: REDD in the Bale mountains, Ethiopia," LSE Research Online Documents on Economics 54192, London School of Economics and Political Science, LSE Library.
    3. Harder, Elizabeth & Gibson, Jacqueline MacDonald, 2011. "The costs and benefits of large-scale solar photovoltaic power production in Abu Dhabi, United Arab Emirates," Renewable Energy, Elsevier, vol. 36(2), pages 789-796.
    4. Daniel H. Cole, 2007. "The Stern Review and its critics: implications for the theory and practice of costs-benefits analysis," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, November.
    5. 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.
    6. Anthoff, David & Hepburn, Cameron & Tol, Richard S.J., 2009. "Equity weighting and the marginal damage costs of climate change," Ecological Economics, Elsevier, vol. 68(3), pages 836-849, January.
    7. Nicola Smith & Charlotte Brown & Garry McDonald & Morag Ayers & Robert Kipp & Wendy Saunders, 2017. "Challenges and Opportunities for Economic Evaluation of Disaster Risk Decisions," Economics of Disasters and Climate Change, Springer, vol. 1(1), pages 111-120, June.
    8. Volodymyr Lipkan & Lydmyla Vasutynska & Tetyana Syvak, 2018. "Methods Of Analysis Of The Effectiveness Of Public Sector Projects: Features And Constraints," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 4(1).
    9. Richard S.J. Tol, 2013. "Long live the Kyoto Protocol!," Chapters, in: Roger Fouquet (ed.), Handbook on Energy and Climate Change, chapter 14, pages 344-351, Edward Elgar Publishing.
    10. Katheline Schubert, 2006. "Eléments sur l'actualisation et l'environnement," Post-Print halshs-00207842, HAL.
    11. Richard S. J. Tol, 2015. "Modified Ramsey Discounting for Climate Change," CESifo Working Paper Series 5588, CESifo.
    12. Andriy Zapechelnyuk & Ro'i Zultan, 2008. "Job Market Signalling and Job Search," Levine's Working Paper Archive 122247000000002301, David K. Levine.
    13. Winkler, Ralph, 2009. "Now or Never: Environmental Protection under Hyperbolic Discounting," Economics Discussion Papers 2009-4, Kiel Institute for the World Economy (IfW Kiel).
    14. Stephanie MacLeod & Yves Filion, 2012. "Issues and Implications of Carbon-Abatement Discounting and Pricing for Drinking Water System Design in Canada," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 26(1), pages 43-61, January.
    15. Frank Ackerman & Ian J. Finlayson, "undated". "The Economics of Inaction on Climate Change: A Sensitivity Analysis," GDAE Working Papers 06-07, GDAE, Tufts University.
    16. Camilla Froyn, 2005. "Decision Criteria, Scientific Uncertainty, and the Globalwarming Controversy," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 10(2), pages 183-211, April.
    17. Kirill Borissov & Mikhail Pakhnin & Clemens Puppe, 2016. "On Discounting and Voting in a Simple Growth Model," CEEES Paper Series CE3S-02/16, European University at St. Petersburg, Department of Economics.
    18. Gunter Stephan & Georg M ller-F rstenberger, 2006. "Discounting The Global Climate When Technological Change is Endogenous," Diskussionsschriften dp0603, Universitaet Bern, Departement Volkswirtschaft.
    19. Onno J. Kuik & Barbara Bucher & Michela Catenacci & Etem Karakaya & Richard S.J. Tol, 2006. "Methodological aspects of recent climate change damage cost studies," Working Papers FNU-122, Research unit Sustainability and Global Change, Hamburg University, revised Dec 2006.
    20. Marc D. Davidson, 2012. "Intergenerational Justice: How Reasonable Man Discounts Climate Damage," Sustainability, MDPI, vol. 4(1), pages 1-17, January.
    21. Phoebe Koundouri & Ben Groom, 2009. "Sustainability and the Economics of the Environment: Cost-Benefit Analysis and the Dynamics of the Long-Run Discount Rate," DEOS Working Papers 0903, Athens University of Economics and Business.
    22. Ekaterini Panopoulou & B. Groom & P. Koundouri & Theologos Pantelidis, 2005. "Declining Discount Rates: Evidence from the UK," Economics Department Working Paper Series n1470105, Department of Economics, National University of Ireland - Maynooth.
    23. Phoebe Koundouri, 2004. "Current Issues in the Economics of Groundwater Resource Management," Journal of Economic Surveys, Wiley Blackwell, vol. 18(5), pages 703-740, December.
    24. Birol, Ekin & Koundouri, Phoebe & Kountouris, Yiannis, 2010. "Assessing the economic viability of alternative water resources in water-scarce regions: Combining economic valuation, cost-benefit analysis and discounting," Ecological Economics, Elsevier, vol. 69(4), pages 839-847, February.
    25. Massimo Florio & Emanuela Sirtori, 2013. "The social cost of capital: recent estimates for the EU countries," Working Papers 201303, CSIL Centre for Industrial Studies.
    26. Karbowski, Adam, 2016. "Discussion on the Social Rate of Discount: from Sen to Behavioural Economics," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 9(2), pages 46-60.
    27. Hepburn, Cameron & Koundouri, Phoebe & Panopoulou, Ekaterini & Pantelidis, Theologos, 2009. "Social discounting under uncertainty: A cross-country comparison," Journal of Environmental Economics and Management, Elsevier, vol. 57(2), pages 140-150, March.
    28. Anthony E. Boardman & Aidan R. Vining, 2010. "Assessing the Economic Worth of Public–Private Partnerships," Chapters, in: Graeme A. Hodge & Carsten Greve & Anthony E. Boardman (ed.), International Handbook on Public–Private Partnerships, chapter 8, Edward Elgar Publishing.
    29. Cameron Hepburn, 2003. "Hyperbolic Discounting and Resource Collapse," Economics Series Working Papers 159, University of Oxford, Department of Economics.
    30. Winston W. Chang, 2017. "World Trade and the Environment: Issues and Policies," Pacific Economic Review, Wiley Blackwell, vol. 22(3), pages 435-479, August.
    31. 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.
    32. Baldoni, Edoardo & Coderoni, Silvia & D'Orazio, Marco & Di Giuseppe, Elisa & Esposti, Roberto, 2019. "The role of economic and policy variables in energy-efficient retrofitting assessment. A stochastic Life Cycle Costing methodology," Energy Policy, Elsevier, vol. 129(C), pages 1207-1219.
    33. World Bank, 2005. "Towards a More Effective Operational Response : Arsenic Contamination of Groundwater in South and East Asian Countries, Volume 2, Technical Report," World Bank Publications - Reports 8524, The World Bank Group.
    34. Jan Schumacher & Wolfgang Buchholz, 2008. "Discounting and Welfare Analysis Over Time: Choosing the ç," CESifo Working Paper Series 2230, CESifo.
    35. Geissmann, Thomas, 2017. "A probabilistic approach to the computation of the levelized cost of electricity," Energy, Elsevier, vol. 124(C), pages 372-381.
    36. Koen Vermeylen, 2013. "Non-Marginal Cost-Benefit Analysis and the Tyranny of Discounting," Tinbergen Institute Discussion Papers 13-203/VI, Tinbergen Institute.

  33. Dieter Helm & Cameron Hepburn & Richard Mash, 2003. "Credible Carbon Policy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 19(3), pages 438-450.

    Cited by:

    1. Fankhauser, Samuel & Hepburn, Cameron, 2010. "Designing carbon markets, part I: carbon markets in time," LSE Research Online Documents on Economics 28832, London School of Economics and Political Science, LSE Library.
    2. Conconi, Paola & Perroni, Carlo, 2009. "Do credible domestic institutions promote credible international agreements?," Journal of International Economics, Elsevier, vol. 79(1), pages 160-170, September.
    3. Clemens Fuest & Volker Meier, 2022. "Sustainable Finance and Climate Change: Wasteful but a Political Commitment Device?," CESifo Working Paper Series 9537, CESifo.
    4. Bosetti, Valentina & Frankel, Jeffrey A., 2012. "Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets," Scholarly Articles 8694933, Harvard Kennedy School of Government.
    5. Oskar Lecuyer & Adrien Vogt-Schilb, 2014. "Assessing and Ordering Investment in Polluting Fossil-fueled and Zero-carbon Capital," Working Papers 2014.05, FAERE - French Association of Environmental and Resource Economists.
    6. Acemoglu, Daron & Rafey, Will, 2023. "Mirage on the horizon: Geoengineering and carbon taxation without commitment," Journal of Public Economics, Elsevier, vol. 219(C).
    7. Brunekreeft, G. & McDaniel, T., 2005. "Policy uncertainty and supply adequacy in electric power," Discussion Paper 2005-006, Tilburg University, Tilburg Law and Economic Center.
    8. Martin Larsson, 2017. "EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia," Working Papers 1705, The Institute of Economics, Zagreb.
    9. Olga Chiappinelli & Karsten Neuhoff, 2020. "Time-Consistent Carbon Pricing: The Role of Carbon Contracts for Differences," Discussion Papers of DIW Berlin 1859, DIW Berlin, German Institute for Economic Research.
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    22. Achim Voß, 2015. "How Disagreement About Social Costs Leads to Inefficient Energy-Productivity Investment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(4), pages 521-548, April.
    23. Funke, Franziska & Mattauch, Linus & Klenert, David & O'Callaghan, Brian, 2020. "Five lessons from COVID-19 for advancing climate change mitigation," INET Oxford Working Papers 2020-16, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    24. Karoline S. Rogge & Joachim Schleich, 2017. "Do Policy Mix Characteristics Matter for Low-Carbon Innovation? A Survey-Based Exploration for Renewable Power Generation Technologies in Germany," SPRU Working Paper Series 2017-19, SPRU - Science Policy Research Unit, University of Sussex Business School.
    25. Blyth, William & Bunn, Derek & Kettunen, Janne & Wilson, Tom, 2009. "Policy interactions, risk and price formation in carbon markets," Energy Policy, Elsevier, vol. 37(12), pages 5192-5207, December.
    26. Dieter Helm, 2005. "Economic Instruments and Environmental Policy," The Economic and Social Review, Economic and Social Studies, vol. 36(3), pages 205-228.
    27. 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.
    28. Chevallier, Julien & Etner, Johanna & Jouvet, Pierre-André, 2011. "Bankable emission permits under uncertainty and optimal risk-management rules," Research in Economics, Elsevier, vol. 65(4), pages 332-339, December.
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    30. Fuss, Sabine & Johansson, Daniel J.A. & Szolgayova, Jana & Obersteiner, Michael, 2009. "Impact of climate policy uncertainty on the adoption of electricity generating technologies," Energy Policy, Elsevier, vol. 37(2), pages 733-743, February.
    31. Chih-Chen Liu & Arijit Mukherjee & Leonard F.S. Wang, 2014. "Horizontal Merger under Strategic Tax Policy," CESifo Working Paper Series 4996, CESifo.
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    33. Sendstad, Lars H. & Hagspiel, Verena & Mikkelsen, Wilhelm Jebsen & Ravndal, Ruben & Tveitstøl, Martin, 2022. "The impact of subsidy retraction on European renewable energy investments," Energy Policy, Elsevier, vol. 160(C).
    34. Richard Mash & Cameron Hepburn & Dieter Helm, 2004. "Time-Inconsistent Environmental Policy And Optimal Delegation," Royal Economic Society Annual Conference 2004 14, Royal Economic Society.
    35. 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.
    36. Gregor Semieniuk & Emanuele Campiglio & Jean-Francois Mercure & Ulrich Volz & Neil R. Edwards, 2020. "Low-carbon transition risks for finance," Working Papers 233, Department of Economics, SOAS University of London, UK.
    37. Julien Chevallier, 2009. "Intertemporal Emissions Trading and Market Power: A Dominant Firm with Competitive Fringe Model," Working Papers halshs-00388207, HAL.
    38. Thomas Michielsen, 2013. "Brown Backstops Versus the Green Paradox," OxCarre Working Papers 108, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    39. Olga Chiappinelli & Karsten Neuhoff, 2017. "Time-Consistent Carbon Pricing," Discussion Papers of DIW Berlin 1710, DIW Berlin, German Institute for Economic Research.
    40. Kaumudi Misra, 2019. "Impact of perform-achieve-trade policy on the energy intensity of cement and iron and steel industries in India," Working Papers 451, Institute for Social and Economic Change, Bangalore.
    41. Julien Chevallier, 2007. "A differential game of intertemporal emissions trading with market power," Working Papers hal-04139220, HAL.
    42. Koch, Nicolas & Grosjean, Godefroy & Fuss, Sabine & Edenhofer, Ottmar, 2016. "Politics matters: Regulatory events as catalysts for price formation under cap-and-trade," Journal of Environmental Economics and Management, Elsevier, vol. 78(C), pages 121-139.
    43. Wang, Qiang & Li, Rongrong, 2015. "Cheaper oil: A turning point in Paris climate talk?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1186-1192.
    44. Alistair Ulph & David Ulph, 2013. "Optimal Climate Change Policies When Governments Cannot Commit," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(2), pages 161-176, October.
    45. Rozenberg, Julie & Vogt-Schilb, Adrien & Hallegatte, Stephane, 2014. "Transition to clean capital, irreversible investment and stranded assets," Policy Research Working Paper Series 6859, The World Bank.
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    49. Henckens, M.L.C.M. & Driessen, P.P.J. & Ryngaert, C. & Worrell, E., 2016. "The set-up of an international agreement on the conservation and sustainable use of geologically scarce mineral resources," Resources Policy, Elsevier, vol. 49(C), pages 92-101.
    50. McGregor, Peter G. & Kim Swales, J. & Winning, Matthew A., 2012. "A review of the role and remit of the committee on climate change," Energy Policy, Elsevier, vol. 41(C), pages 466-473.
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    52. Karoline S. Rogge & Elisabeth Dütschke, 2017. "Exploring Perceptions of the Credibility of Policy Mixes: The Case of German Manufacturers of Renewable Power Generation Technologies," SPRU Working Paper Series 2017-23, SPRU - Science Policy Research Unit, University of Sussex Business School.
    53. Wolfgang Buchholz & Jonas Frank & Hans-Dieter Karl & Johannes Pfeiffer & Karen Pittel & Ursula Triebswetter & Jochen Habermann & Wolfgang Mauch & Thomas Staudacher, 2012. "Die Zukunft der Energiemärkte: Ökonomische Analyse und Bewertung von Potenzialen und Handlungsmöglichkeiten," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 57.
    54. Oskar Lecuyer & Adrien Vogt-Schilb, 2014. "Optimal Transition from Coal to Gas and Renewable Power under Capacity Constraints and Adjustment Costs," CIRED Working Papers hal-01057241, HAL.
    55. Kang, Sang Baum & Létourneau, Pascal, 2016. "Investors’ reaction to the government credibility problem: A real option analysis of emission permit policy risk," Energy Economics, Elsevier, vol. 54(C), pages 96-107.
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Chapters

  1. Alexander Pfeiffer & Cameron Hepburn, 2016. "Facing the Challenge of Climate Change," Book Chapters, in: Rajag M. Nag & Johannes F. Linn & Harinder S. Kohli (ed.), Central Asia 2050: Unleashing the Region's Potential, edition 1, chapter 9, pages 205-222, Emerging Markets Forum.
    See citations under working paper version above.
  2. Cameron Hepburn & Alex Bowen, 2013. "Prosperity with growth: economic growth, climate change and environmental limits," Chapters, in: Roger Fouquet (ed.), Handbook on Energy and Climate Change, chapter 29, pages 617-638, Edward Elgar Publishing.
    See citations under working paper version above.
  3. Cameron Hepburn, 2007. "Valuing the Far-off Future: Discounting and its Alternatives," Chapters, in: Giles Atkinson & Simon Dietz (ed.), Handbook of Sustainable Development, chapter 7, Edward Elgar Publishing.

    Cited by:

    1. Green, Gareth P. & Richards, Timothy J., 2018. "Discounting Environmental Goods," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 43(2), May.

Books

  1. Hamilton, Kirk & Hepburn, Cameron (ed.), 2017. "National Wealth: What is Missing, Why it Matters," OUP Catalogue, Oxford University Press, number 9780198803720.

    Cited by:

    1. Ben Groom & Zachary Turk, 2021. "Reflections on the Dasgupta Review on the Economics of Biodiversity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(1), pages 1-23, May.
    2. 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.
    3. Christopher R. McIntosh & Neil A. Wilmot & Adrienne Dinneen & Jason F. Shogren, 2022. "Minnesota—too late for a Sovereign Wealth Fund?," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 35(1), pages 67-85, March.
    4. Cameron Hepburn & Jacquelyn Pless & David Popp, 2018. "Policy Brief—Encouraging Innovation that Protects Environmental Systems: Five Policy Proposals," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 154-169.

  2. Helm, Dieter & Hepburn, Cameron (ed.), 2014. "Nature in the Balance: The Economics of Biodiversity," OUP Catalogue, Oxford University Press, number 9780199676880.

    Cited by:

    1. 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.
    2. Palola, Pirta & Bailey, Richard & Wedding, Lisa, 2022. "A novel framework to operationalise value-pluralism in environmental valuation: Environmental value functions," Ecological Economics, Elsevier, vol. 193(C).
    3. 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.
    4. Oliver Taherzadeh & Peter Howley, 2018. "No net loss of what, for whom?: stakeholder perspectives to Biodiversity Offsetting in England," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 20(4), pages 1807-1830, August.

  3. Helm, Dieter & Hepburn, Cameron (ed.), 2011. "The Economics and Politics of Climate Change," OUP Catalogue, Oxford University Press, number 9780199606276.

    Cited by:

    1. Jan Erik LANE, 2014. "The Global Contradiction of the 21rst Century," Journal of Economics and Political Economy, KSP Journals, vol. 1(2), pages 126-132, December.
    2. Lane, Jan-Erik, 2014. "The Global Contradiction of the 21rst Century," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 1(2), pages 126-132.
    3. Iddrisu, Insah & Bhattacharyya, Subhes C., 2015. "Ghana׳s bioenergy policy: Is 20% biofuel integration achievable by 2030?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 32-39.
    4. Iddrisu, Insah & Bhattacharyya, Subhes C., 2015. "Sustainable Energy Development Index: A multi-dimensional indicator for measuring sustainable energy development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 513-530.

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