... literature on instrument performance. Critics are also unable to offer alternative and feasible instruments that limit free riding in climate solutions and perform better on main evaluation criteria, namely effectiveness, efficiency, equity, and global-harmonization potential. Their argument that carbon...

... 2021 S. L. Stafford Licensed re-use rights only JEL Codes: D31 D61 D63 H23 Equity benefit-cost analysis Kaldor-Hicks Tableau Lorenz Curve intergenerational analysis When discussing market failures in graduate school more than two decades ago, I was taught that economists...

..., positions, arguments and theoretical background of this concept. To do so, we review how equity is mobilised in the climate change economics literature and confront arguments about justice used within or at the periphery of climate negotiations with those of moral and political philosophers. We present...

...Tomasz Zylicz This paper looks at how contemporary environmental (including climate) policy problems are phrased in terms of effectiveness, efficiency, and equity. The latter three concepts have served as foci of theoretical discussions among economists who analyse these issues and identify...