On the implications of thresholds for economic science and environmental policy

R.F.T. Aalbers

Research output: ThesisDoctoral Thesis

377 Downloads (Pure)

Abstract

This dissertation analyses the implications for economic analyses of the occurrence of thresholds in environmental damage functions. This research question is analysed for the case of global warming from three different perspectives. The first perspective is that of certainty of information. Using an optimal control model the question is analysed under what conditions a society might cross a catastrophic threshold. The second perspective is that of uncertainty of information. Using a one-period model of cho e the question is in what way changes in uncertainty affect the decision of a utility maximising society. The third perspective is that of equity. Given that global warming may increase human mortality, the question arises in what way society can balance the demand for increased consumption against the increase in human mortality.
Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Tilburg University
Supervisors/Advisors
  • de Zeeuw, Aart, Promotor
Award date11 May 1999
Place of PublicationTilburg
Publisher
Print ISBNs9056680501
Publication statusPublished - 1999

Fingerprint Dive into the research topics of 'On the implications of thresholds for economic science and environmental policy'. Together they form a unique fingerprint.

  • Cite this

    Aalbers, R. F. T. (1999). On the implications of thresholds for economic science and environmental policy. CentER, Center for Economic Research.