A dynamic optimization model is developed in whichuncertainty about future preferences is endogenous,namely depending on the state of the environment atthe time the change in preferences occurs.Endogeneizing preferences not only provides economicintuition to previous results but also implies thatoptimal policies are less conservative. Copyright Kluwer Academic Publishers 2000endogenous future preferences, stock of the environmental asset, uncertainty,
Classic formulations of markets regard uncertainty as originating from acts of nature. I extend this...
The implications of environmental externalities are studied within three classes of endogenous growt...
This paper elaborates on the concept of sustainability and the way future generations should be tre...
time stochastic dynamic framework to analyze the optimal depletion of an environmental asset whose c...
An important problem in environmental economics arises from te irreversibility of consuming or destr...
In this thesis we relax several assumptions of economic growth theory and investigate the effects on...
This paper investigates environmental policy in the presence of endogenous preferences. The optimal ...
An important problem in environmental economics concerns the preservation of natural environments. A...
International audienceThe attitude of future generations towards environmental assets may well be di...
RESEARCH PAPER NUMBER 909, ISSN 0819-2642, ISBN 0 7340 2565 3An important characteristic defining th...
The attitude of future generations towards environmental assets could be different from ours, and it...
We introduce endogenous probability of survival in the Keynes-Ramsey optimal growth model. An indivi...
Cataloged from PDF version of article.This paper studies the dynamic implications of the endogenous ...
An important characteristic defining the threat of environmental crises is the uncertainty about the...
Abstract: Endogenous growth models are generally designed to address long term trends of growth. The...
Classic formulations of markets regard uncertainty as originating from acts of nature. I extend this...
The implications of environmental externalities are studied within three classes of endogenous growt...
This paper elaborates on the concept of sustainability and the way future generations should be tre...
time stochastic dynamic framework to analyze the optimal depletion of an environmental asset whose c...
An important problem in environmental economics arises from te irreversibility of consuming or destr...
In this thesis we relax several assumptions of economic growth theory and investigate the effects on...
This paper investigates environmental policy in the presence of endogenous preferences. The optimal ...
An important problem in environmental economics concerns the preservation of natural environments. A...
International audienceThe attitude of future generations towards environmental assets may well be di...
RESEARCH PAPER NUMBER 909, ISSN 0819-2642, ISBN 0 7340 2565 3An important characteristic defining th...
The attitude of future generations towards environmental assets could be different from ours, and it...
We introduce endogenous probability of survival in the Keynes-Ramsey optimal growth model. An indivi...
Cataloged from PDF version of article.This paper studies the dynamic implications of the endogenous ...
An important characteristic defining the threat of environmental crises is the uncertainty about the...
Abstract: Endogenous growth models are generally designed to address long term trends of growth. The...
Classic formulations of markets regard uncertainty as originating from acts of nature. I extend this...
The implications of environmental externalities are studied within three classes of endogenous growt...
This paper elaborates on the concept of sustainability and the way future generations should be tre...