The Economics of Globally Shared and Public Goods

Author:   S. Niggol Seo (Muaebak Institute of Global Warming Studies, Seoul, South Korea)
Publisher:   Elsevier Science Publishing Co Inc
ISBN:  

9780128196588


Pages:   334
Publication Date:   19 June 2020
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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The Economics of Globally Shared and Public Goods


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Overview

The Economics of Globally Shared and Public Goods responds to an urgent need to consolidate and refine the economic theories and explanations pertinent to globally shared resources. Making a clear distinction between theories and empirical models, it elucidates the problem of global public goods while incorporating insights from behavioral economics. Its comprehensive and technical review of existing theoretical models and their empirical results illuminate those models in practical applications. Relevant for economists and others working on challenges of globally shared goods such as climate change and global catastrophes, The Economics of Globally Shared and Public Goods provides a path toward greater co-operation and shared successes.

Full Product Details

Author:   S. Niggol Seo (Muaebak Institute of Global Warming Studies, Seoul, South Korea)
Publisher:   Elsevier Science Publishing Co Inc
Imprint:   Academic Press Inc
Weight:   0.540kg
ISBN:  

9780128196588


ISBN 10:   0128196580
Pages:   334
Publication Date:   19 June 2020
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

1. An Introduction to the Challenges of Public and Globally Shared Goods in Economics and Policy-making 2. The Economics of Public Goods and Club Goods 3. The Economics of Global Scale Public Goods: Key Challenges and Theories 4. A Critique of the Economics of Global Public Goods: A Microbehavioral Theory and Model 5. A Critique of the Economics of Global Public Goods: Economics of Non-cooperative Games 6. A Critique of the Economics of Global Public Goods: The Economics of a Global Public Good Fund 7. The Economics of Globally Shared Goods 8. Extensions of the Economic Theory to a Basket of Globally Shared Goods Appendix: A Succinct Mathematical Disproof of the Dismal Theorem of Economics

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Presents a novel theory of the economics of globally shared and public goods, offering three critiques on the classical economics of global public goods from a micro-behavioral economics perspective. --Journal of Economic Literature


Author Information

Professor S. Niggol Seo is a natural resource economist who specializes in the study of global warming. He received his PhD in Environmental and Natural Resource Economics from Yale University in 2006 with a dissertation on microbehavioral models of global warming. Since 2003, he has worked with the World Bank on various climate change projects in Africa, Latin America, and Asia. He held professor positions in the United Kingdom, Spain, and Australia from 2006 to 2015. Since September 2015, he is Professor of Environmental & Natural Resource Economics at the Muaebak Institute of Global Warming Studies in Seoul, South Korea. Prof. Seo has published six books and over 50 international journal articles on the economics of global warming.

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