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Economic and game-theoretical analysis of CO{sub 2} emission abatement

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
Authors:
Tahvonen, O [1] 
  1. Helsinki School of Economics, Helsinki (Finland)
Publication Date:
Dec 31, 1996
Product Type:
Technical Report
Report Number:
SA-PUB-4/96
Reference Number:
SCA: 290300; 290201; PA: FI-97:003125; EDB-97:026120; SN: 97001727884
Resource Relation:
Other Information: DN: SILMU Research Programme; PBD: 1996; Related Information: Is Part Of The Finnish research programme on climate change. Final report; Roos, J. [ed.]; PB: 507 p.
Subject:
29 ENERGY PLANNING AND POLICY; AIR POLLUTION ABATEMENT; CARBON DIOXIDE; GREENHOUSE GASES; COST; GAME THEORY; GREENHOUSE EFFECT; MATHEMATICAL MODELS; INTERNATIONAL COOPERATION
OSTI ID:
428502
Research Organizations:
Academy of Finland, Helsinki (Finland)
Country of Origin:
Finland
Language:
English
Other Identifying Numbers:
Other: ON: DE97724949; ISBN 951-37-1961-8; TRN: FI9703125
Availability:
OSTI as DE97724949
Submitting Site:
FI
Size:
pp. 447-453
Announcement Date:

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}
}