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Climate Change and Pandemics: On the Timing of Interventions to Preserve a Global Common

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  • Giovanniello, Monica

    (Universitat de les Illes Balears)

  • Perroni, Carlo

    (University of Warwick and CESifo)

Abstract

We characterize timing choices in investments towards the conservation of a global common and derive implications for interventions to contain the spread of a contagious disease.

Suggested Citation

  • Giovanniello, Monica & Perroni, Carlo, 2020. "Climate Change and Pandemics: On the Timing of Interventions to Preserve a Global Common," CAGE Online Working Paper Series 467, Competitive Advantage in the Global Economy (CAGE).
    • Handle: RePEc:cge:wacage:467
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    File URL: https://warwick.ac.uk/fac/soc/economics/research/centres/cage/manage/publications/wp467.2020.pdf
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    1. Maskin, Eric & Tirole, Jean, 1988. "A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs," Econometrica, Econometric Society, vol. 56(3), pages 549-569, May.
    2. Robert McDonald & Daniel Siegel, 1986. "The Value of Waiting to Invest," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(4), pages 707-727.
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    Cited by:

    1. Robert J. R. Elliott & Ingmar Schumacher & Cees Withagen, 2020. "Suggestions for a Covid-19 Post-Pandemic Research Agenda in Environmental Economics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(4), pages 1187-1213, August.

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