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The Environment and Externality: Theory, Algorithms and Applications by Zili Yang (Paperback, 2020)

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Product Information

This innovative book models pollution mitigation as a negative externality whilst also providing desirable and useful solutions, such as establishing the triangular equivalence relationship among the Lindahl equilibrium without transfers, the Nash bargaining solution with the payoffs of the Cournot-Nash equilibrium as the status quo point, and the social optimum under the Lindahl weights. By introducing programming algorithms to validate these relationships numerically, Zili Yang bridges the gap between analytical results and empirical modelling, ultimately solving the Lindahl equilibrium and hybrid Nash equilibria in the influential RICE model. This text demonstrates the complexity and variety of environment externality problems, ranging from mixed externality to correlated externalities to environmental externality under IRS and policy applications. Integrating theory, algorithms and applications in a comprehensive framework, The Environment and Externality will benefit scholars and students working across environmental, resource and climate change economics.

Product Identifiers

PublisherCambridge University Press

ISBN-139781108708302

eBay Product ID (ePID)27046383178

Product Key Features

SubjectEconomics, Law, Government

Publication Year2020

Number of Pages350 Pages

Publication NameThe Environment and Externality: Theory, Algorithms and Applications

LanguageEnglish

TypeTextbook

Subject AreaCommercial Law

AuthorZili Yang

FormatPaperback

Dimensions

Item Weight421 g

Additional Product Features

Country/Region of ManufactureUnited Kingdom

Title_AuthorZili Yang