| Title |
Population growth and technological change in a global warming model |
| ID_Doc |
71215 |
| Authors |
Dutta, PK; Radner, R |
| Title |
Population growth and technological change in a global warming model |
| Year |
2006 |
| Published |
Economic Theory, 29.0, 2 |
| DOI |
10.1007/s00199-005-0056-4 |
| Abstract |
Global warming (GW) is now recognized as a significant threat to sustainable development on an international scale. After providing some introductory background material, we introduce a benchmark dynamic game within which to study the GW problem. The model allows for population growth and is subsequently generalized to allow for changes in technology. In each case, a benchmark "Business as Usual" (BAU) equilibrium is analyzed and contrasted with the efficient solution. Furthermore, a complete characterization is provided in the benchmark model of the entire subgame perfect equilibrium value correspondence. |
| Author Keywords |
global warming; population growth; dynamic game; subgame perfect equilibrium |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:000240072700002 |
| WoS Category |
Economics |
| Research Area |
Business & Economics |
| PDF |
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