Related papers: Testing the free-rider hypothesis in climate polic…
This paper tests the feasibility and estimates the cost of climate control through economic policies. It provides a toolbox for a statistical historical assessment of a Stochastic Integrated Model of Climate and the Economy, and its use in…
With the onset of climate change and the increasing need for effective policies, a multilateral approach is needed to make an impact on the growing threats facing the environment. Through the use of systematic analysis by way of C-ROADS and…
Anthropogenic emissions of CO2 must soon approach net-zero to stabilize the global mean temperature. Although several international agreements have advocated for coordinated climate actions, their implementation has remained below…
This paper outlines a critical gap in the assessment methodology used to estimate the macroeconomic costs and benefits of climate policy. It shows that the vast majority of models used for assessing climate policy use assumptions about the…
Climate policy has become increasingly politicized in many countries including the US, with some political parties unwilling to pursue strong measures. Therefore, to be successful in mitigation, climate policies must be politically…
Along with the accumulation of atmospheric carbon dioxide, the loss of primary forests and other natural ecosystems is a major disruption of the Earth system causing global concern. Quantifying planetary warming from carbon emissions,…
Public support and political mobilization are two crucial factors for the adoption of ambitious climate policies in line with the international greenhouse gas reduction targets of the Paris Agreement. Despite their compound importance, they…
Global cooperation is posited as a pivotal solution to address climate change, yet significant barriers, like free-riding, hinder its realization. This paper develops a dynamic game-theoretic model to analyze the stability of coalitions…
Environmental determinism in the past followed from the belief that the gods bestowed political power and the best possible weather on the sponsors of early scholars. Although later discredited in academia because of the associations with…
Despite much scientific evidence, a large fraction of the American public doubts that greenhouse gases are causing global warming. We present a simulation model as a computational test-bed for climate prediction markets. Traders adapt their…
We study how motivated reasoning affects the provision of climate policy in an electoral competition framework. Voters experience anticipatory disutility when future outcomes appear grim and may therefore distort beliefs in response to…
First-best climate policy is a uniform carbon tax which gradually rises over time. Civil servants have complicated climate policy to expand bureaucracies, politicians to create rents. Environmentalists have exaggerated climate change to…
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon…
Climate risk assessments must account for a wide range of possible futures, so scientists often use simulations made by numerous global climate models to explore potential changes in regional climates and their impacts. Some of the…
Voting in multi-issue domains allows for compromise outcomes that satisfy all voters to some extent, but such fairness considerations open the possibility of a special form of manipulation: free-riding, where voters untruthfully oppose a…
The mitigation of the effects of climate change on humankind is one of the most pressing and important collective governance problems nowadays$^{1-4}$. To explore different solutions and scenarios, previous works have framed this problem…
Deciphering travel behavior and mode choices is a critical aspect of effective urban transportation system management, particularly in developing countries where unique socio-economic and cultural conditions complicate decision-making.…
To analyze climate change mitigation strategies, economists rely on simplified climate models - climate emulators. We propose a generic and transparent calibration and evaluation strategy for these climate emulators that is based on Coupled…
The temperature targets in the Paris Agreement cannot be met without very rapid reduction of greenhouse gas emissions and removal of carbon dioxide from the atmosphere. The latter requires large, perhaps prohibitively large subsidies. The…
New challenges on transport systems are emerging due to the advances that the current paradigm is experiencing. The breakthrough of the autonomous car brings concerns about ride comfort, while the pollution concerns have arisen in recent…