The Optimal Climate Policy of Mitigation and AdaptationːA Real Options Theory Perspective
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Agrawala, Shardul & Bosello, Francesco & Carraro, Carlo & de Cian, Enrica & Lanzi, Elisa, 2011. "Adapting to Climate Change: Costs, Benefits, and Modelling Approaches," International Review of Environmental and Resource Economics, now publishers, vol. 5(3), pages 245-284, August.
- Bosello, Francesco & Carraro, Carlo & De Cian, Enrica, 2013.
"Adaptation can help mitigation: an integrated approach to post-2012 climate policy,"
Environment and Development Economics, Cambridge University Press, vol. 18(3), pages 270-290, June.
- Francesco Bosello & Carlo Carraro & Enrica De Cian, 2011. "Adaptation Can Help Mitigation: An Integrated Approach to Post-2012 Climate Policy," Working Papers 2011.69, Fondazione Eni Enrico Mattei.
- Carraro, Carlo & Bosello, Francesco & De Cian, Enrica, 2012. "Adaptation Can Help Mitigation: An Integrated Approach to Post-2012 Climate Policy," CEPR Discussion Papers 8909, C.E.P.R. Discussion Papers.
- Bosello, Francesco & Carraro, Carlo & De Cian, Enrica, 2011. "Adaptation Can Help Mitigation: An Integrated Approach to Post-2012 Climate Policy," Climate Change and Sustainable Development 116907, Fondazione Eni Enrico Mattei (FEEM).
- Francesco Bosello & Carlo Carraro & Enrica De Cian, 2010.
"Climate Policy And The Optimal Balance Between Mitigation, Adaptation And Unavoided Damage,"
Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 1(02), pages 71-92.
- Francesco Bosello & Carlo Carraro & Enrica De Cian, 2010. "Climate Policy and the Optimal Balance between Mitigation, Adaptation and Unavoided Damage," Working Papers 2010.32, Fondazione Eni Enrico Mattei.
- Carlo Carraro & Francesco Bosello & Enrica De Cian, 2010. "Climate Policy and the Optimal Balance between Mitigation, Adaptation and Unavoided Damage," Working Papers 2010_09, Department of Economics, University of Venice "Ca' Foscari".
- Bosello, Francesco & Carraro, Carlo & De Cian, Enrica, 2010. "Climate Policy and the Optimal Balance between Mitigation, Adaptation and Unavoided Damage," Sustainable Development Papers 60681, Fondazione Eni Enrico Mattei (FEEM).
- Anda, Jon & Golub, Alexander & Strukova, Elena, 2009. "Economics of climate change under uncertainty: Benefits of flexibility," Energy Policy, Elsevier, vol. 37(4), pages 1345-1355, April.
- Carlo Carraro & Francesco Bosello & Enrica De Cian, 2009. "An Analysis of Adaptation as a Response to Climate Change," Working Papers 2009_26, Department of Economics, University of Venice "Ca' Foscari".
- Chen, Yu-Fu & Funke, Michael & Glanemann, Nicole, 2011.
"Dark Clouds or Silver Linings? Knightian Uncertainty and Climate Change,"
SIRE Discussion Papers
2011-64, Scottish Institute for Research in Economics (SIRE).
- Yu-Fu Chen & Michael Funke & Nicole Glanemann, 2011. "Dark Clouds or Silver Linings? Knightian Uncertainty and Climate Change," CESifo Working Paper Series 3516, CESifo.
- Michael Funke & Yu-Fu Chen & Nicole Glanemann, 2011. "Dark Clouds or Silver Linings? Knightian Uncertainty and Climate Change," Quantitative Macroeconomics Working Papers 21107, Hamburg University, Department of Economics.
- Yu-Fu Chen & Michael Funke & Nicole Glanemann, 2011. "Dark Clouds or Silver Linings? Knightian Uncertainty and Climate Change," Dundee Discussion Papers in Economics 258, Economic Studies, University of Dundee.
- Baranzini, Andrea & Chesney, Marc & Morisset, Jacques, 2003. "The impact of possible climate catastrophes on global warming policy," Energy Policy, Elsevier, vol. 31(8), pages 691-701, June.
- Francesco Bosello & Chen Chen, 2010. "Adapting and Mitigating to Climate Change: Balancing the Choice under Uncertainty," Working Papers 2010.159, Fondazione Eni Enrico Mattei.
- Black, Fischer & Scholes, Myron S, 1973. "The Pricing of Options and Corporate Liabilities," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 637-654, May-June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Heuson, Clemens & Gawel, Erik & Gebhardt, Oliver & Hansjürgens, Bernd & Lehmann, Paul & Meyer, Volker & Schwarze, Reimund, 2012. "Ökonomische Grundfragen der Klimaanpassung: Umrisse eines neuen Forschungsprogramms," UFZ Reports 02/2012, Helmholtz Centre for Environmental Research (UFZ).
- Heuson, Clemens & Gawel, Erik & Gebhardt, Oliver & Hansjürgens, Bernd & Lehmann, Paul & Meyer, Volker & Schwarze, Reimund, 2012. "Fundamental questions on the economics of climate adaptation: Outlines of a new research programme," UFZ Reports 05/2012, Helmholtz Centre for Environmental Research (UFZ).
- Dobes Leo & Jotzo Frank & Stern David I., 2014.
"The Economics of Global Climate Change: A Historical Literature Review,"
Review of Economics, De Gruyter, vol. 65(3), pages 281-320, December.
- Stern, David I. & Jotzo, Frank & Dobes, Leo, 2013. "The Economics of Global Climate Change: A Historical Literature Review," Working Papers 249412, Australian National University, Centre for Climate Economics & Policy.
- David I. Stern & Frank Jotzo & Leo Dobes, 2013. "The Economics of Global Climate Change: A Historical Literature Review," CCEP Working Papers 1307, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Ingmar Schumacher, 2019.
"Climate Policy Must Favour Mitigation Over Adaptation,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(4), pages 1519-1531, December.
- Ingmar Schumacher, 2016. "Climate Policy Must Favour Mitigation Over Adaptation," Working Papers 2016-633, Department of Research, Ipag Business School.
- Schenker, Oliver & Stephan, Gunter, 2014. "Give and take: How the funding of adaptation to climate change can improve the donor's terms-of-trade," Ecological Economics, Elsevier, vol. 106(C), pages 44-55.
- Lee, Shun-Chung & Shih, Li-Hsing, 2010. "Renewable energy policy evaluation using real option model -- The case of Taiwan," Energy Economics, Elsevier, vol. 32(Supplemen), pages 67-78, September.
- Natali Hritonenko & Victoria Hritonenko & Yuri Yatsenko, 2020. "Games with Adaptation and Mitigation," Games, MDPI, vol. 11(4), pages 1-16, December.
- Anil Markandya & Enrica De Cian & Laurent Drouet & Josué M. Polanco-Martìnez & Francesco Bosello, 2016.
"Building Uncertainty into the Adaptation Cost Estimation in Integrated Assessment Models,"
Working Papers
2016.21, Fondazione Eni Enrico Mattei.
- Markandya, Anil & De Cian, Enrica & Drouet, Laurent & Polanco-Martìnez, Josué M. & Bosello, Francesco, 2016. "Building Uncertainty into the Adaptation Cost Estimation in Integrated Assessment Models," EIA: Climate Change: Economic Impacts and Adaptation 232719, Fondazione Eni Enrico Mattei (FEEM).
- Thierry Bréchet & Natali Hritonenko & Yuri Yatsenko, 2013.
"Adaptation and Mitigation in Long-term Climate Policy,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 55(2), pages 217-243, June.
- BRECHET, Thierry & HRITONENKO, Natali & YATSENKO, Yuri, 2013. "Adaptation and mitigation in long-term climate policy," LIDAM Reprints CORE 2479, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Karen Fisher-Vanden & Ian Sue Wing & Elisa Lanzi & David Popp, 2013. "Modeling climate change feedbacks and adaptation responses: recent approaches and shortcomings," Climatic Change, Springer, vol. 117(3), pages 481-495, April.
- Marc Chesney & Pierre Lasserre & Bruno Troja, 2017.
"Mitigating global warming: a real options approach,"
Annals of Operations Research, Springer, vol. 255(1), pages 465-506, August.
- Marc CHESNEY & Pierre LASSERRE & Bruno TROJA, 2016. "Mitigating Global Warming : A Real Options Approach," Cahiers de recherche 08-2016, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Marc Chesney & Pierre Lasserre & Bruno Troja, 2016. "Mitigating Global Warming: A Real Option Approach," CIRANO Working Papers 2016s-34, CIRANO.
- Fankhauser, Samuel & Sahni, Aditi & Savvas, Annie & Ward, John, 2016. "Where are the gaps in climate finance?," LSE Research Online Documents on Economics 64179, London School of Economics and Political Science, LSE Library.
- Bosello, Francesco & De Cian, Enrica, 2014.
"Climate change, sea level rise, and coastal disasters. A review of modeling practices,"
Energy Economics, Elsevier, vol. 46(C), pages 593-605.
- Francesco Bosello & Enrica De Cian, 2013. "Climate Change, Sea Level Rise, and Coastal Disasters. A Review of Modeling Practices," Working Papers 2013.104, Fondazione Eni Enrico Mattei.
- Benchekroun, H. & Marrouch, W. & Ray Chaudhuri, A., 2011.
"Adaptation Effectiveness and Free-Riding Incentives in International Environmental Agreements,"
Discussion Paper
2011-120, Tilburg University, Center for Economic Research.
- Benchekroun, H. & Marrouch, W. & Ray Chaudhuri, A., 2011. "Adaptation Effectiveness and Free-Riding Incentives in International Environmental Agreements," Other publications TiSEM 6409b168-c0ad-44e5-88bf-6, Tilburg University, School of Economics and Management.
- Cheng, Ching-Tsung & Lo, Shang-Lien & Lin, Tyrone T., 2011. "Applying real options analysis to assess cleaner energy development strategies," Energy Policy, Elsevier, vol. 39(10), pages 5929-5938, October.
- Hirte, Georg & Nitzsche, Eric & Tscharaktschiew, Stefan, 2018. "Optimal adaptation in cities," Land Use Policy, Elsevier, vol. 73(C), pages 147-169.
- Yuri Yatsenko, 2015. "Models and Games with Adaptation and Mitigation," CEEES Paper Series CE3S-01/15, European University at St. Petersburg, Department of Economics.
- YATSENKO, Yuri & HRITONENKO, Natali & BRECHET, Thierry, 2014. "Modeling of environmental adaptation versus pollution mitigation," LIDAM Discussion Papers CORE 2014006, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Schenker, Oliver & Stephan, Gunter, 2012. "Terms-of-trade and the funding of adaptation to climate change and variability: An empirical analysis," ZEW Discussion Papers 12-056, ZEW - Leibniz Centre for European Economic Research.
- Anil Markandya & Enrica Cian & Laurent Drouet & Josué M. Polanco-Martínez & Francesco Bosello, 2019. "Building Risk into the Mitigation/Adaptation Decisions simulated by Integrated Assessment Models," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(4), pages 1687-1721, December.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:uhhwps:15. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/fwhamde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.