Overview

Global warming is widely considered to be one of the most serious environmental problems for current and future generations. Moreover, the apparent failure of the Kyoto protocol to effect a meaningful reduction in greenhouse gas emissions has increased the importance of economic research into new ways to control global warming. In this exhaustive study, the authors break new ground by integrating cutting edge insights on global warming from three different perspectives: game theory, cost-effectiveness analysis and public choice. For each perspective the authors provide an overview of important results, discuss the theoretical consistency of the models and assumptions, highlight the practical problems which are not yet captured by theory and explore the different applications to the various problems encountered in global warming. They demonstrate how each perspective has its own merits and weaknesses, and advocate an integrated approach as the best way forward. They also propose a research agenda for the future which encompasses the three methods to create a powerful tool for the analysis and resolution of global pollution problems.

Full Product Details

9781840648218

Table of Contents

Reviews

Author Information

Edited by Christoph Böhringer, Chair of Economic Policy, University of Oldenburg, Germany, Michael Finus, Department of Economics, Universität Graz, Austria and Carsten Vogt, Research Fellow, Centre for European Economic Research, Mannheim, Germany

Tab Content 6

Countries Available