Arbeitspapier

Distributional biases in the analysis of climate change

The economic analysis of global warming is dominated by models based on optimal growth theory. These representative-agent models have an intrinsic distributional bias in favor of the rich. The bias is compounded by the use of revenue-neutrality in the allocation of emission permits. The result is mitigation recommendations that are biased downwards.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 2011-22

Classification
Wirtschaft
Agricultural Markets and Marketing; Cooperatives; Agribusiness
Subject
representative agent
welfare
global warming
inequality.

Event
Geistige Schöpfung
(who)
Skott, Peter
Davis, Leila
Event
Veröffentlichung
(who)
University of Massachusetts, Department of Economics
(where)
Amherst, MA
(when)
2011

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Skott, Peter
  • Davis, Leila
  • University of Massachusetts, Department of Economics

Time of origin

  • 2011

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