The Environment and Externality: Theory, Algorithms and Applications - Image 1

£39.04

Cambridge University Press The Environment and Externality: Theory, Algorithms and Applications

Name: The Environment and Externality: Theory, Algorithms and Applications
Brand: Cambridge University Press
Price: 39.04 GBP
Availability: InStock

Environmental & Natural Resources Law

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Description

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.

Product Specifications

Brand: Cambridge University Press
Format: paperback
ASIN: 1108708307
Category: Books > Subjects > Business, Finance & Law > Law > Environmental & Natural Resources Law
Domain: Amazon UK
Release Date: 17 December 2020
Listed Since: 23 May 2020

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Cambridge University Press The Environment and Externality: Theory, Algorithms and Applications

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