Abstract
Current decisions on greenhouse gas emissions may have effects on human well being for centuries. This project has aimed to extend the economic models designed for analyzing this particular issue. A closely related topic follows from the fact that emitting CO{sub 2} can be interpreted as a utilization of a free access resource, i.e., when countries gain from utilizing cheap fossil fuels (relative to noncarbon energy sources), the possible loss any country suffers from climate change is only a negligible fraction of the total loss of all countries. Thus, from a global point of view, the incentives for an individual country to abate emissions is low. Economic understanding of these problems calls for dynamic game-theoretical models
Tahvonen, O
[1]
- Helsinki School of Economics, Helsinki (Finland)
Citation Formats
Tahvonen, O.
Economic and game-theoretical analysis of CO{sub 2} emission abatement.
Finland: N. p.,
1996.
Web.
Tahvonen, O.
Economic and game-theoretical analysis of CO{sub 2} emission abatement.
Finland.
Tahvonen, O.
1996.
"Economic and game-theoretical analysis of CO{sub 2} emission abatement."
Finland.
@misc{etde_428502,
title = {Economic and game-theoretical analysis of CO{sub 2} emission abatement}
author = {Tahvonen, O}
abstractNote = {Current decisions on greenhouse gas emissions may have effects on human well being for centuries. This project has aimed to extend the economic models designed for analyzing this particular issue. A closely related topic follows from the fact that emitting CO{sub 2} can be interpreted as a utilization of a free access resource, i.e., when countries gain from utilizing cheap fossil fuels (relative to noncarbon energy sources), the possible loss any country suffers from climate change is only a negligible fraction of the total loss of all countries. Thus, from a global point of view, the incentives for an individual country to abate emissions is low. Economic understanding of these problems calls for dynamic game-theoretical models}
place = {Finland}
year = {1996}
month = {Dec}
}
title = {Economic and game-theoretical analysis of CO{sub 2} emission abatement}
author = {Tahvonen, O}
abstractNote = {Current decisions on greenhouse gas emissions may have effects on human well being for centuries. This project has aimed to extend the economic models designed for analyzing this particular issue. A closely related topic follows from the fact that emitting CO{sub 2} can be interpreted as a utilization of a free access resource, i.e., when countries gain from utilizing cheap fossil fuels (relative to noncarbon energy sources), the possible loss any country suffers from climate change is only a negligible fraction of the total loss of all countries. Thus, from a global point of view, the incentives for an individual country to abate emissions is low. Economic understanding of these problems calls for dynamic game-theoretical models}
place = {Finland}
year = {1996}
month = {Dec}
}