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Titlebook: Dynamic Optimization in Environmental Economics; Elke Moser,Willi Semmler,Vladimir M. Veliov Book 2014 Springer-Verlag Berlin Heidelberg 2

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Optimal Environmental Policy in the Presence of Multiple Equilibria and Reversible Hysteresisironment from the bad to the good equilibrium. We study both first-best and second-best social optima. We show that, compared to capital taxation, abatement constitutes a very cheap instrument of environmental policy.
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On the Effect of Resource Exploitation on Growth: Domestic Innovation vs. Technological Diffusion Thcurse. Resource abundance increases long-run growth in the closed-economy scenario, and it is growth-neutral but consumption-enhancing when technology is transmitted from abroad through international trade.
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Carbon Taxes and Comparison of Trading Regimes in Fossil Fuelssh equilibrium is performed numerically. All our numerical examples reveal that world welfare under the Nash equilibrium is higher than that under the Stackelberg game where the exporting cartel is the leader. The worst outcome for world welfare occurs when the importing coalition is the Stackelberg leader.
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Hans Joachim Braun,Wolfhard Webers down and the depletion pace during the post R&D phase is slower than during the R&D phase, provided that the Poisson arrival rate is sufficiently large. We also show under which conditions there is never strategic behavior and when strategic behavior may take place.
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