Centre for Advanced Study

at the Norwegian Academy of Science and Letters

Environmental Economics: Policy Instruments, Technology Development, and International Cooperation

Information

Former 2005/2006 Social Sciences - Law

Abstract

The advantages and disadvantages of various types of environmental policy instruments are well understood under simplifying assumptions about how the rest of the economy works. However, the real world is much more complex than simple economic models often assume. Once one introduces more realistic assumptions about how an economy works, our knowledge about the properties of various types of environmental policy instruments is much less than it is under the simplifying assumptions. The purpose of the proposed project is to increase our understanding of the properties of several types of environmental policy instruments. The analyses we plan to do in the proposed project will explicitly include several important features of the economy that are often ignored in previous analyses. In particular, we shall consider:

• Pre-existing distortionary taxes

• Endogenous technology development

• Dynamics, irreversibility and time consistency

• Non-competitive firms • International trade

• Transboundary/global environmental problems

• Limited rationality, altruism, and social interdependency of preferences

Fellows

  • Barrett, Scott
    Professor Johns Hopkins University 2005/2006
  • Brekke, Kjell Arne
    Dr. The Ragnar Frisch Centre for Economic Research 2005/2006
  • Eyckmans, Johan
    Professor European University College Brussels 2005/2006
  • Fischer, Carolyn
    Research Fellow Resources for the Future (RFF) 2005/2006
  • Gerlagh, Reyer
    Associate Professor University of Manchester 2005/2006
  • Golombek, Rolf
    Senior Researcher The Ragnar Frisch Centre for Economic Research 2005/2006
  • Hagem, Cathrine
    Research Fellow Statistics Norway 2005/2006
  • Heggedal, Tom-Reiel
    Ph. D. Candidate Statistics Norway 2005/2006
  • Howarth, Richard B.
    Professor Dartmouth College 2005/2006
  • Kverndokk, Snorre
    Senior Researcher The Ragnar Frisch Centre for Economic Research 2005/2006
  • Liski, Matti Jukka
    Professor Helsinki School of Economics 2005/2006
  • Nyborg, Karine
    Senior Researcher The Ragnar Frisch Centre for Economic Research 2005/2006
  • Rauscher, Michael
    Professor University of Rostock 2005/2006
  • Sterner, Thomas Nils Samuel
    Professor University of Gothenburg 2005/2006
  • Ulph, David Tregear
    Professor Her Majesty's Revenue and Customs 2005/2006
  • Withagen, Cees
    Professor Tilburg University 2005/2006
  • de Zeeuw, Aart Johannes
    Professor Tilburg University 2005/2006

Group leader

  • Michael Hoel

    Title Professor Institution University of Oslo (UiO) Year at CAS 2005/2006
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