Controlling Global Warming: Perspectives from Economics, Game Theory and Public Choice - ISBN:184064821X

Controlling Global Warming: Perspectives from Economics, Game Theory and Public Choice

Date: 30 April 2011, 11:41

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Product Description
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.
About the Author
Christoph Bohringer, Head of Department of Environmental and Resource Economics, Center for European Economic Research, Mannheim, Germany, Michael Finus, Assistant Professor, Department of Economics, University of Hagen, Germany and Carsten Vogt, Research Fellow, Center for European Economic Research, Mannheim, Germany
Product Details
* Hardcover: 304 pages
* Publisher: Edward Elgar Pub (July 31, 2002)
* Language: English
* ISBN-10: 184064821X
* ISBN-13: 978-1840648218

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