Uncertainty in optimal pollution levels: modelling and evaluating the benefit area

References

• Barbier, E. 1998. The Economics of Environment and Development: Selected Essays. London: Edward Elgar.
   Google Scholar
• Bjornstad, D., and J. Kahn. 1996. The Contingent Valuation of Environmental Resource: Methodological Issues and Research Needs. London: Edward Elgar.
   Google Scholar
• Bosello, F., F. Eboli, and R. Pierfederici. 2012. “Assessing the Economic Impacts of Climate Change.” FEEM (Fondazione Eni Enrico Mattei). Review of Environment Energy and Economics (Re3) http://dx.doi.org/10.7711/feemre3.2012.02.002.
   Google Scholar
• EMEP. various years. Airborne Transboundary Transport of Sulphur and Nitrogen Over Europe: Model Description and Calculations. EMEP/MSC-W Reports.
   Google Scholar
• Fankhauser, S. 1994. “The Economic Costs of Global Warming Damage: A Survey.” Global Environmental Change 4 (4): 301–309.
   Web of Science ®Google Scholar
• Fankhauser, S. 1995. Valuing Climate Change: The Economics of the Greenhouse. London: Earthscan.
   Google Scholar
• Farmer, A., J.R. Kahn, J.A. McDonald, and R. O’Neill. 2001. “Rethinking the Optimal Level of Environmental Quality: Justifications for Strict Environmental Policy.” Ecological Economics 36: 461–473.
   Web of Science ®Google Scholar
• Fisher, A.C., and W.M. Hanemann. 1990. “Information and the Dynamics of Environmental Protection: The Concept of the Critical Period.” The Scandinavian Journal of Economics 92: 399–414.
   Web of Science ®Google Scholar
• Freeman, A. III 1993. The Measurement of Environmental and Resource Values: Theory and Methods. Washington, DC: Resources for the Future.
   Google Scholar
• Georgiou, S., D. Pearce, D. Whittington, and D. Moran. 1997. Economic Values and the Environment in the Developing World. London: Edward Elgar.
   Google Scholar
• Gollier, C., J. Bruno, and N. Treich. 2000. “Scientific Progress and Irreversibility: An Economic Interpretation of the Precautionary Principle.” Journal of Public Economics 75: 229–253.
   Web of Science ®Google Scholar
• Greenstone, M., E. Kopitsy, and A. Wolverton. 2013. “Developing a Social Cost of Carbon for US Regulatory Analysis: A Methodology and Interpretation.” Review of Environmental Economics and Policy 7 (1): 23–46.
   Web of Science ®Google Scholar
• Grosclaude, P., and N.C. Soguel. 1994. “Valuing Damage to Historic Buildings Using a Contingent Market: A Case Study of Road Traffic Externalities.” Journal of Environmental Planning and Management 37 (3): 279–287.
   Google Scholar
• Halkos, G. 1995. “An Evaluation of the Direct Cost of Abatement Under the Main Desulfurization Technologies.” Energy Sources 17 (4): 391–412.
   Web of Science ®Google Scholar
• Halkos, G. 2013. “Construction of Abatement Cost Curves for F-gases.” Journal of Applied Economic Sciences 8(3): 388–396.
   Google Scholar
• Halkos, G.E., and N. Jones. 2012. “Modeling the Effect of Social Factors on Improving Biodiversity Protection.” Ecological Economics 78 (C): 90–99.
   Web of Science ®Google Scholar
• Halkos, G., and C.P. Kitsos. 2005. “Optimal Pollution Level: A Theoretical Identification.” Applied Economics 37: 1475–1483.
   Web of Science ®Google Scholar
• Halkos, G.E., and S. Matsiori. 2012. “Determinants of Willingness to Pay for Coastal Zone Quality Improvement.” The Journal of Socio-Economics 41 (4): 391–399.
   Google Scholar
• Heal, G.M., and B. Kriström. 2002. “Uncertainty and Climate Change.” Environmental and Resource Economics 22: 3–39.
   Web of Science ®Google Scholar
• Hutton, J.P., and G. Halkos. 1995. “Optimal Acid Rain Abatement Policy in Europe: An Analysis for the Year 2000.” Energy Economics 17 (4): 259–275.
   Web of Science ®Google Scholar
• Jacoby, H.D., and A.D. Ellerman. 2004. “The Safety Valve and Climate Policy.” Energy Policy 32 (4): 481–491.
   Web of Science ®Google Scholar
• Kneese, A.V. 1972. “Rationalizing Decisions in the Quality Management of Water Supply in Urban-Industrial Areas.” In Readings in Urban Economics, edited by M. Edel and J. Rothenberg, 365–374. New York: Macmillan.
   Google Scholar
• Kolstad, C.D. 1996. “Fundamental Irreversibilities in Stock Externalities.” Journal of Public Economics 60: 221–233.
   Web of Science ®Google Scholar
• Lavee, D., and N. Becker. 2009. “Cost-benefit Analysis of an Accelerated Vehicle-Retirement Programme.” Journal of Environmental Planning and Management 52 (6): 777–795.
   Web of Science ®Google Scholar
• Maddison, D.J. 2003. “The Amenity Value of the Climate: The Household Production Function Approach.” Resource and Energy Economics 25 (2): 155–175.
   Web of Science ®Google Scholar
• Maddison, D., and K. Rehdanz. 2011. “The Impact of Climate on Life Satisfaction.” Ecological Economics 70 (12): 2437–2445.
   Web of Science ®Google Scholar
• Mendelsohn, R.O., W.N. Morrison, M.E. Schlesinger, and N.G. Andronova. 2000. “Country-Specific Market Impacts of Climate Change.” Climatic Change 45 (3–4): 553–569.
   Web of Science ®Google Scholar
• Mendelsohn, R.O., M.E. Schlesinger, and L.J. Williams. 2000. “Comparing Impacts Across Climate Models.” Integrated Assessment 1 (1): 37–48.
   Google Scholar
• Newbery, D. 1990. “Acid rain.” Economic Policy 11: 288–346.
   Google Scholar
• Nordhaus, W.D. 1991. “To Slow or Not to Slow: The Economics of the Greenhouse Effect.” Economic Journal 101 (444): 920–937.
   Web of Science ®Google Scholar
• Nordhaus, W.D. 1994a. “Expert Opinion on Climate Change.” American Scientist 82 (1): 45–51.
   Web of Science ®Google Scholar
• Nordhaus, W.D. 1994b. Managing the Global Commons: The Economics of Climate Change. Cambridge, MA: MIT Press.
   Google Scholar
• Nordhaus, W.D. 2006. “Geography and Macro Economics: New Data and New Findings.” Proceedings of the National Academy of Science 103 (10): 3510–3517.
   PubMed Web of Science ®Google Scholar
• Nordhaus, W.D. 2008. A Question of Balance: Weighing the Options on Global Warming Policies. New Haven, CT: Yale University Press.
   Google Scholar
• Nordhaus, W.D. 2011. “The Economics of Tail Events with an Application to Climate Change.” Review of Environmental Economics and Policy 5 (2): 240–257.
   Web of Science ®Google Scholar
• Ortega, J.M., and W.C. Rheinboldt 1970. Iterative Solution of Non-Linear Equations in Several Variables. New York: Academic Press.
   Google Scholar
• Perman, R., Y. Ma, M. Common, D. Maddison, and J. McGilvray. 2011. Natural Resources and Environmental Economics. 4th ed. London: Addison Wesley.
   Google Scholar
• Pindyck, R.S. 2000. “Irreversibilities and the Timing of Environmental Policy.” Resource and Energy Economics 22: 233–259.
   Web of Science ®Google Scholar
• Pindyck, R.S. 2002. “Optimal Timing Problems in Environmental Economics.” Journal of Economic Dynamics and Control 26: 1677–1697.
   Web of Science ®Google Scholar
• Pizer, W.A. 2002. “Combining Price and Quantity Controls to Mitigate Global Climate Change.” Journal of Public Economics 85: 409–434.
   Web of Science ®Google Scholar
• Pizer, W.A. 2003. Climate Change Catastrophes. 2003. Washington: Resources for the Future Working Paper 03–31, May.
   Google Scholar
• Pizer, W.A. 2006. “The Evolution of a Global Climate Change Agreement.” American Economic Review 96 (2): 26–30.
   Web of Science ®Google Scholar
• Rabl, A., and M. Holland. 2008. “Environmental Assessment Framework for Policy Applications: Life Cycle Assessment, External Costs and Multi-criteria Analysis.” Journal of Environmental Planning and Management 51 (1): 81–105.
   Web of Science ®Google Scholar
• Rabl, A., J.V. Spadaro, and B. van der Zwaan. 2005. “Uncertainty of Air Pollution Cost Estimates: To what Extent Does it Matter?” Environmental Science and Technology 39 (2): 399–408.
   PubMed Web of Science ®Google Scholar
• Rehdanz, K., and D.J. Maddison. 2005. “Climate and Happiness.” Ecological Economics 52 (1): 111–125.
   Web of Science ®Google Scholar
• Roberts, M.J., and A.M. Spence. 1976. “Effluent Charges and Licenses Under Uncertainty.” Journal of Public Economics 5: 193–208.
   Web of Science ®Google Scholar
• Roughgarden, T., and S.H. Schneider. 1999. “Climate Change Policy: Quantifying Uncertainties for Damages and Optimal Carbon Taxes.” Energy Policy 27: 415–429.
   Web of Science ®Google Scholar
• Tol, R.S.J. 1995. “The Damage Costs of Climate Change Toward More Comprehensive Calculations.” Environmental and Resource Economics 5 (4): 353–374.
   Google Scholar
• Tol, R.S.J. 2002a. “Estimates of the Damage Costs of Climate Change: Part I: Benchmark Estimates.” Environmental and Resource Economics 21(1): 47–73.
   Web of Science ®Google Scholar
• Tol, R.S.J. 2002b. “Estimates of the Damage Costs of Climate Change: Part II: Dynamic Estimates.” Environmental and Resource Economics 21 (2): 135–160.
   Web of Science ®Google Scholar
• Tol, R.S.J. 2013. “Targets for Global Climate Policy: An Overview.” Journal of Economic Dynamics & Control 37: 911–928.
   Web of Science ®Google Scholar
• Ulph, A. 2004. “Stable International Environmental Agreements with a Stock Pollutant, Uncertainty and Learning.” Journal of Risk and Uncertainty 29 (1 (07): 53–73.
   Web of Science ®Google Scholar
• Ulph, A., and D. Ulph. 1997. “Global Warming, Irreversibility and Learning.” The Economic Journal 107: 636–650.
   Web of Science ®Google Scholar
• Von Blottnitz, H., A. Rabl, D. Boiadjiev, T. Taylor, and S. Arnold. 2006. “Damage Costs of Nitrogen Fertilizer in Europe and their Internalisation.” Journal of Environmental Planning and Management 49 (3): 413–433.
   Google Scholar
• Weitzman, M.L. 1974. “Prices vs. Quantities.” Review of Economic Studies 41: 477–491.
   Web of Science ®Google Scholar
• Weitzman, M.L. 1978. “Optimal Rewards for Economic Regulation.” American Economic Review 68: 683–691.
   Web of Science ®Google Scholar