Investment Decisions and Environmental Policy

投资决策和环境政策

• 批准号: 9319808
• 负责人: Robert Pindyck
• 金额: $ 21.29万
• 依托单位: National Bureau of Economic Research Inc
• 依托单位国家: 美国
• 项目类别: Continuing Grant
• 财政年份: 1994
• 资助国家: 美国
• 起止时间: 1994-04-15 至 1998-09-30
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=9319808&HistoricalAwards=false
• 关键词: Investment; Decisions; Environmental; Policy

9319808 Pindyck This project consists of two parts. The purpose of the first is to extend the investigator's recent work on irreversible investment decisions under uncertainty. The second part involves applying the ideas and methods developed in the first part to the analysis and design of environmental policy in the presence of irreversibilities. Models will be developed that combine both economic uncertainty and ecological uncertainty with two kinds of irreversibilities that are often inherent in the adoption of an environmental policy. The first kind of irreversibility is the sunk cost to society resulting from the environmental regulations themselves. The second is the sunk benefit in the form of avoided environmental degradation that also results from the regulations. The goal of this activity is to apply the models to the analysis of policies directed at the problem of global warming. ***

9319808 Pindyck该项目由两部分组成。 第一个的目的是扩大调查员的不可逆的投资决策下的不确定性的最近的工作。 第二部分涉及将第一部分中提出的思想和方法应用于不可逆性情况下的环境政策分析和设计。 将开发模型，联合收割机经济的不确定性和生态的不确定性与两种不可逆性，往往是固有的通过一项环境政策。 第一种不可逆转性是环境法规本身给社会带来的沉没成本。 第二个是以避免环境退化的形式存在的沉没利益，这也是规章制度的结果。 这项活动的目标是将模型应用于针对全球变暖问题的政策分析。 ***