Economic Models of Climate Change

Economic Models of Climate Change

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The climate policy debate has been dominated by economic estimates of the costs of policies to reduce greenhouse gas emissions. Yet the models used to derive those estimates are based on assumptions that have largely gone untested. The conventional approach embodies structural features that rule out alternative market outcomes. In addition, the distribution of 'climate rights' is crucial to determining the economic affects of various policies. Bringing these considerations to the forefront shows how domestic and international policy solutions might be found.

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Book details

  • Paperback
  • 203 pages
  • English
  • 1403963363
  • 9781403963369

About Stephen J. DeCanio

stephen decanio (born 1942) is a professor of economics, emeritus, at the university of california, santa barbara. his current research deals with the impa Read More about Stephen J. DeCanio
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