Related papers: Towards a representative social cost of carbon
Politics around the world exhibits increasing polarization, demonstrated in part by rigid voting configurations in institutions like legislatures or courts. A crux of polarization is separation along a unidimensional ideological axis, but…
This project aims to shed light on how man-made carbon emissions are affecting global wind patterns by looking for temporal and geographical correlations between carbon emissions, surface temperatures anomalies, and wind speed anomalies at…
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…
Many studies of the effect of remote work on travel demand assume that remote work takes place entirely at home. Recent evidence, however, shows that in the United States, remote workers are choosing to spend approximately one third of…
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…
In this paper, we analyze the long-term distributive impact of climate change through rising food prices. We use a standard incomplete markets model and account for non-linear Engel curves for food consumption. For the calibration of our…
We study how the climate transition through a low-carbon economy, implemented by carbon pricing, propagates in a credit portfolio and precisely describe how carbon price dynamics affects credit risk measures such as probability of default,…
How regional heterogeneity in social and cultural processes drive--and respond to--climate dynamics is little studied. Here we present a coupled social-climate model stratified across five world regions and parameterized with geophysical,…
A data intermediary acquires signals from individual consumers regarding their preferences. The intermediary resells the information in a product market wherein firms and consumers tailor their choices to the demand data. The social…
The carbon footprint of astronomical research is an increasingly topical issue. From a comparison of existing literature, we infer an annual per capita carbon footprint of several tens of tonnes of CO$_2$ equivalents for an average person…
The presence of behind-the-meter rooftop photovoltaics and storage in the residential sector is poised to increase significantly. Here we quantify in detail the value of these technologies to consumers and service providers. We characterize…
There are some shreds of evidence that social opinion polarization leads to the breakup of the relationship, some in the scale of small communities, but others can divide large organizations or even a nation. The legacy methodology to…
The increasing level of atmospheric carbon dioxide has driven public discourse throughout the world. An immediate implementation of carbon-free energy sources is demanded with little discussion of costs, technical constraints on the…
This paper studies natural disasters and the psychological costs of climate change. It presents what we believe to be the first evidence that higher temperature variability and not a higher level of temperature is what predicts natural…
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…
Two fundamental issues are incorporated in the present monograph: the issue related to the quantification of the social costs and the issue, related to the defining of the circular economy concept as a theoretical model. The analysis is…
A successful response to climate change needs vast investments in low-carbon research, energy, and sustainable development. Governments can drive research, provide environmental regulation, and accelerate global development, but the…
Social influence plays an important role in human behavior and decisions. The sources of influence can be generally divided into external, which are independent of social context, or as originating from peers, such as family and friends. An…
Carbon emissions are currently attributed to producers although a consumption-aware accounting is advocated. After constructing the Carbon Trade Network, we trace the flow of emissions over the past two decades. Our analysis reveals the…
Load shifting by commercial and industrial power consumers reduces costs and Scope 2 emissions for the consumer and the grid. Incentivizing this behavior requires tools for valuing flexibility amidst the heterogeneity in load…