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.
Perspectives from Economics, Game Theory and Public Choice
New Horizons in Environmental Economics series
Subjects: economics and finance, environmental economics, environment, environmental economics
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