The environment and externality: theory, algorithms and applications
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-...
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| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge
Cambridge University Press
2021
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| Subjects: | |
| Summary: | 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 |
| Physical Description: | xiv, 296 Seiten Illustrationen, Diagramme |
| ISBN: | 9781108486798 9781108708302 |
Staff View
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| 520 | |a 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 | ||
| 650 | 4 | |a Environmental economics / Mathematical models | |
| 650 | 4 | |a Externalities (Economics) | |
| 650 | 4 | |a Equilibrium (Economics) | |
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Record in the Search Index
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| author | Yang, Zili 1957- |
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| discipline | Wirtschaftswissenschaften |
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| id | DE-604.BV047943486 |
| illustrated | Illustrated |
| index_date | 2024-07-03T19:35:45Z |
| indexdate | 2024-07-10T09:25:52Z |
| institution | BVB |
| isbn | 9781108486798 9781108708302 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033324937 |
| oclc_num | 1268140555 |
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| owner_facet | DE-11 DE-521 |
| physical | xiv, 296 Seiten Illustrationen, Diagramme |
| publishDate | 2021 |
| publishDateSearch | 2021 |
| publishDateSort | 2021 |
| publisher | Cambridge University Press |
| record_format | marc |
| spelling | Yang, Zili 1957- Verfasser (DE-588)137306946 aut The environment and externality theory, algorithms and applications Zili Yang Cambridge Cambridge University Press 2021 xiv, 296 Seiten Illustrationen, Diagramme txt rdacontent n rdamedia nc rdacarrier 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 Environmental economics / Mathematical models Externalities (Economics) Equilibrium (Economics) |
| spellingShingle | Yang, Zili 1957- The environment and externality theory, algorithms and applications Environmental economics / Mathematical models Externalities (Economics) Equilibrium (Economics) |
| title | The environment and externality theory, algorithms and applications |
| title_auth | The environment and externality theory, algorithms and applications |
| title_exact_search | The environment and externality theory, algorithms and applications |
| title_exact_search_txtP | The environment and externality theory, algorithms and applications |
| title_full | The environment and externality theory, algorithms and applications Zili Yang |
| title_fullStr | The environment and externality theory, algorithms and applications Zili Yang |
| title_full_unstemmed | The environment and externality theory, algorithms and applications Zili Yang |
| title_short | The environment and externality |
| title_sort | the environment and externality theory algorithms and applications |
| title_sub | theory, algorithms and applications |
| topic | Environmental economics / Mathematical models Externalities (Economics) Equilibrium (Economics) |
| topic_facet | Environmental economics / Mathematical models Externalities (Economics) Equilibrium (Economics) |
| work_keys_str_mv | AT yangzili theenvironmentandexternalitytheoryalgorithmsandapplications |