NATO ASI series., Partnership sub-series 2,, Environment ;, 14.
1 On the Economics of Atmospheric Pollution --; 1.1 Introduction --; 1.2 Background of atmospheric pollution --; 1.3 Economic problems related to atmospheric pollution --; 1.4 Policy instruments --; 1.5 Modeling and methodologies --; 1.6 Cooperation or free riding? --; 1.7 The structure of the book --; 1.8 Conclusions --; 2 Uncertainty, Learning, Stock Externalities and Capital Irreversibilities --; 2.1 Introduction --; 2.2 A simple model of irreversibilities --; 2.3 Sunk costs and stock externalities --; 2.4 Conclusions --; 3 Who Gains from Learning about Global Warming? --; 3.1 Introduction --; 3.2 The model --; 3.3 Reversible emissions --; 3.4 Irreversible emissions --; 3.5 Numerical results --; 3.6 Conclusions --; 4 Voluntary Supply of Greenhouse Gas Abatement and Emission Trading Equilibria --; 4.1 Introduction --; 4.2 Preferences, noncooperative and cooperative equilibria --; 4.3 Noncooperative solution with competitive emission trading --; 4.4 Some properties of the noncooperative Competitive Emission Trading Equilibrium --; 4.5 Noncooperative solution with monopsonistic emission abatement trade --; 4.6 Empirical illustration --; 4.7 Conclusion --; 5 On the Efficiency of Green Tax Reforms to Reduce CO2 Emissions --; 5.1 Introduction --; 5.2 The model --; 5.3 First-best analysis --; 5.4 Second-best analysis --; 5.5 Some remarks on the relevance --; 5.6 Conclusion --; 6 Analytic Solutions of Simple Optimal Greenhouse Gas Emission Models --; 6.1 Introduction --; 6.2 A Greenhouse Gas Emission Reduction Model --; 6.3 Expected Value of Perfect Information EVPI --; 6.4 Numerical example --; 6.5 Conclusion --; 7 The Design of Cost Effective Ambient Charges under Incomplete Information and Risk --; 7.1 Introduction --; 7.2 Deterministic pollution control --; 7.3 An artificial market mechanism --; 7.4 Stochastic models --; 7.5 Adjustment mechanism --; 7.6 Numerical results --; 7.7 Conclusion --; 8 An Economic Approach to Ozone Abatement in Europe --; 8.1 Ozone problem: background --; 8.2 Basic ozone economics --; 8.3 Conclusions.
This book deals with the economics of transboundary air pollution and climate change. It contains a profound analysis of uncertainty and learning with regard to global warming. Specific attention is paid to non-linear and stepwise damage functions for global warming. The studies analyze various policy instruments to reduce both uniformly mixing and non-uniformly mixing pollutants. The synergistic effects of ozone precursors and their relation to acidification in Europe are also discussed.
Selected papers presented at the NATO Advanced Research Workshop "The Economics of Atmospheric Pollution, Theories, Applied Models and Implications for International Policy Making", held in Wageningen, The Netherlands, November 16-18, 1994