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Published in 2017 at "Environmental and Resource Economics"
DOI: 10.1007/s10640-016-0026-2
Abstract: Many environmental externalities occur with time lags that can range from a few days to several centuries in length, and many of these externalities are also subject to uncertainty. In this paper, we examine the…
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Keywords:
uncertainty;
optimal management;
time lags;
time ... See more keywords
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Published in 2022 at "Proceedings of the National Academy of Sciences of the United States of America"
DOI: 10.1073/pnas.2202679119
Abstract: Significance A very important class of pollutants includes those for which the pollution stock is built into the ambient environment as emissions accumulate at a rate exceeding that which natural processes can absorb. Examples are…
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Keywords:
stock externalities;
management environmental;
optimal management;
management ... See more keywords