Working paper by Frank Venmans on 26 Oct 2023
This working paper analyses the impacts of applying different constraints to climate model cost-effectiveness analysis on optimal carbon prices, emissions and human welfare.
Working paper by Frank Venmans, Ben Groom on 18 Nov 2019
In this paper the authors provide experimental evidence to illustrate that aversion to environmental inequality is as pronounced as aversion to income inequality and varies across different types of environmental quality. read more »
Working paper by Arlan Brucal, Qingran Li, John Lynham on 3 Jul 2018
As sea levels rise with climate change there is pressure to protect the coast but while individual properties may benefit from seawalls, neighbouring properties may experience negative effects due, for example, to accelerated beach loss. This paper investigates the impacts of seawalls on property values in San Diego and Santa Cruz. read more »
Working paper by Michael Spackman on 26 Apr 2018
This paper addresses enduring misunderstandings about ‘social opportunity cost’ versus ‘social time preference’ discounting. read more »
Working paper by Johannes Emmerling, Ben Groom, Tanja Wettingfeld on 24 Jul 2017
Social discount rates (SDRs) are used in cost–benefit analysis to determine the present value of future costs and benefits: for example, to determine how much today’s society should invest in … read more »
Working paper by Michael Spackman on 10 Feb 2017
More than 50 years of social discounting literature have not delivered satisfactory academic guidance to government practitioners. Users of the social opportunity cost (SOC) paradigm do not always appreciate that … read more »
Working paper by Michael Spackman on 15 Mar 2016
A substantial literature of social discounting has now extended over more than 50 years, but practical approaches in developed economies and international bodies continue to vary widely. This is sometimes … read more »
Working paper by Paul Watkiss on 14 Sep 2015
This working paper aims to inform the development community about the current state-of-knowledge and emerging thinking on the economics of adaptation and the application to development. read more »
Working paper by on 13 Jul 2015
This paper finds that the vast majority of emissions cuts needed to decarbonise the global economy this century can lead to domestic economic benefits that outweigh the costs for individual countries, even before the avoided risks of dangerous climate change are taken into account. read more »
Working paper by Michael Spackman on 9 Mar 2015
The key analytical aspects of social time discounting were largely resolved by the early 1970s, the main developments since then being empirical studies and more emphasis, since the mid 1990s, … read more »
