Name: The Environment and Externality: Theory, Algorithms and Applications (en Inglés)
SKU: 53428961
Price: 185.11 USD
Availability: InStock
Author: Zili Yang

portada The Environment and Externality: Theory, Algorithms and Applications (en Inglés)

The Environment and Externality: Theory, Algorithms and Applications (en Inglés)

Formato

Libro Físico

Editorial

Cambridge University Press

Autor

Zili Yang

Año

2020

Idioma

Inglés

N° páginas

312

Encuadernación

Tapa Dura

ISBN13

9781108486798

Categorías

Economía medioambiental

The Environment and Externality: Theory, Algorithms and Applications (en Inglés)

Zili Yang (Autor) · Cambridge University Press · Tapa Dura

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Reseña del libro "The Environment and Externality: Theory, Algorithms and Applications (en Inglés)"

This innovative book models pollution mitigation as a negative externality whilst also providing desirable and useful solutions, such as establishing the triangular equivalence relationship among the Lindahl equilibrium without transfers, the Nash bargaining solution with the payoffs of the Cournot-Nash equilibrium as the status quo point, and the social optimum under the Lindahl weights. By introducing programming algorithms to validate these relationships numerically, Zili Yang bridges the gap between analytical results and empirical modelling, ultimately solving the Lindahl equilibrium and hybrid Nash equilibria in the influential RICE model. This text demonstrates the complexity and variety of environment externality problems, ranging from mixed externality to correlated externalities to environmental externality under IRS and policy applications. Integrating theory, algorithms and applications in a comprehensive framework, The Environment and Externality will benefit scholars and students working across environmental, resource and climate change economics.