The Economics of the Global Environment Catastrophic Risks in Theory and Policy /

Bibliographic Details
Corporate Author: SpringerLink (Online service)
Other Authors: Chichilnisky, Graciela (Editor), Rezai, Armon (Editor)
Summary:VII, 649 p. 76 illus., 46 illus. in color.
text
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2016.
Edition:1st ed. 2016.
Series:Studies in Economic Theory, 29
Subjects:
Online Access:https://doi.org/10.1007/978-3-319-31943-8
Format: Electronic Book
Table of Contents:
  • Part I. Catastrophic risk in economic theory
  • Catastrophic Risk, Rare Events, and Black Swans: Toward an Alternative Synthesis
  • Preference Representations for Catastrophic Risk Analysis
  • Modeling Decisions Involving Ambiguous, Vague, or Rare Events
  • Modeling Uncertainty, Context and Information Fusion via Lattice-Based Probability
  • The foundations of uncertainty with black swans
  • The Topology of Change
  • Sustainable markets with short sales
  • Part II. Ethical and welfare considerations
  • Sustainable recursive social welfare functions
  • Intergenerational equity, efficiency, and constructability
  • Sustainable exploitation of a natural resource: a satisfying use of Chichilnisky’s criterion
  • The axiomatic approach to the ranking of infinite streams
  • Part III. The environment in a global context
  • Nested externalities and polycentric institutions: must we wait for global solutions to climate change before taking actions at other scales?
  • Capital growthin a global warming model: will China and India sign a climate treaty?
  • Unspoken ethical issues in the climate affair: Insights from a theoretical analysis of negotiation mandates
  • Carbon leakages: a general equilibrium view
  • Part IV. The case of climate change
  • Chaos Control - Climate Stabilization by Closing the Global Carbon Cycle
  • Climate Change and Social Choice Theory
  • Discounting and the evaluation of climate policy
  • Global warming and economic externalities
  • Part V. Economic policy and regulation
  • Detrimental externalities, pollution rights, and the “Coase theorem”
  • Taxes versus quantities for a stock pollutant with endogenous abatement costs and asymmetric information
  • Walrasian prices in markets with tradable rights
  • Part VI. Catastrophic risk in economic practice
  • Exploring the role of emotions in decisions involving catastrophic risks: Lessons from a double investigation
  • How the change of risk announcement on catastrophic disaster affects property prices
  • Modeling US stock market volatility-return dependence using conditional Copula and quantile regression
  • Economic Crises: Natural or Unnatural Catastrophes? .