Blar i NHH Brage på emneord "global warming"
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Does stochasticity matter? : dynamic pigouvian taxation in an uncertain environment
(Discussion paper, Working paper, 2004-04)The effects of discounting, stochasticity, non-linearities and maximum decay upon an optimal corrective tax are analyzed using stochastic dynamic optimization. Optimal corrective taxes are derived as explicit feedback ... -
Pollution decay, consumer awareness and optimal carbon taxes
(Discussion paper, Working paper, 2004-02)The effects of non-linear decay and consumer preferences are analyzed in a setting where optimal extraction of non-renewable resources is combined with stock externalities. The control is exercised via a corrective tax and ...