Global environmental problems, efficiency and limited altruism

Peer Reviewed
1 January 2005

Global environmental problems are often assumed to imply extensive inefficiencies since there is no global authority corresponding to the government at a national level.

This paper shows, on the contrary, that rich countries in a free unregulated market may still undertake globally efficient abatement investments, given the existence of limited non-paternalistic altruism.

 

Country
Sustainable Development Goals

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Publication | 1 January 2005