CONSUMPTION POLLUTION TRADEOFFS IN AN ENVIRONMENT VULNERABLE TO POLLUTION-RELATED CATASTROPHIC COLLAPSE

CONSUMPTION POLLUTION TRADEOFFS IN AN ENVIRONMENT VULNERABLE TO POLLUTION-RELATED CATASTROPHIC COLLAPSE
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DOI:
10.1016/0165-1889(94)90042-6
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发表时间:
1994-09-01
影响因子:
1.9
通讯作者:
REED, WJ
REED, WJ
中科院分区:
经济学3区
文献类型:
--
作者:
CLARKE, HR;REED, WJ

文献摘要

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本文考虑了可避免的不可逆转的环境灾难风险对社会最佳长期消费/污染权衡的影响。风险被假定为污染浓度的非递减函数,它随着动态的环境更新过程而演变。本文的主要目的是获得有关此类风险对最佳管理的影响的定性见解。
This paper considers the consequences of an avoidable risk of irreversible environmental catastrophe for society's optimal long-run consumption/pollution tradeoffs. The risk is assumed to be a nondecreasing function of pollution concentration which evolves as a dynamic environmental renewal process. The main objective of the paper is to derive qualitative insights regarding the effects of such risk on optimal management.