The Centenary of Jens Warming’s Optimal Landing Tax in Fisheries

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EfD Authors:

This note acknowledges Jens Warming's contributions (1911, 1931) on what has since come to be known as the open access problem in fisheries. Warming, in a static framework, suggested an optimal landing tax before Pigou (1920) and described the sole owner solution later suggested by Scott (1955b). I describe these results using Warming's framework and point to his previously overlooked contribution concerning the dynamic aspect of fisheries.

Fisheries

Social capital, cooperative behavior and norm-enforcement

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Studies have shown differences in cooperative behavior across countries and in the use of (and reaction to) a norm enforcement mechanism in cross-cultural studies.

The authors present data that prove that stark differences in both dimensions can exist even within the same town. They created a unique data set, based on one-shot public goods experiments in South Africa. Most of the group differences can be explained by variables for social capital and social environment, such as trust or household violence.

Experiments

Conserve or convert? Pan-tropical modeling of REDD–bioenergy competition

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EfD Authors:

The land competition between tropical bioenergy plantations and payments for forest carbon conservation (e.g., through an international scheme for Reduced emissions from deforestation and forest degradation, REDD+) is modeled using spatially explicit data on biofuel feedstock (oil palm and sugar cane) suitability and forest biomass carbon stocks.

Forestry, Policy Design

REDD+ readiness implications for Sri Lanka in terms of reducing deforestation

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Any system to compensate countries for reduced emissions from deforestation and forest degradation (REDD+) requires a historical reference level against which future performance can be measured. Here we examine the possibilities Sri Lanka, a small forest country with limited data on forest carbon stocks, has to get ready for REDD+. We construct a historical reference level using available forest inventory data combined with updated 2008 and 2009 in situ carbon density data for Sri Lankan forests.

Forestry, Policy Design

Are experienced people affected by a pre-set default option—Results from a field experiment

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The objective of the present paper is to investigate the robustness of the well-known result that pre-set default options determine people’s choices. We do so by conducting a field experiment among environmental economists attending a large international conference on environmental economics.

Climate Change, Policy Design, Experiments

The Fossil Endgame: Strategic Oil Price Discrimination and Carbon Taxation

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This paper analyzes how fossil fuel-producing countries can counteract climate policy. We analyze the exhaustion of oil resources and the subsequent transition to a backstop technology as a strategic game between the consumers and producers of oil, which we refer to simply as ‘OECD’ and ‘OPEC’, respectively.

Climate Change, Policy Design, Carbon Pricing

Short-Run Allocation of Emissions Allowances and Long-Term Goals for Climate Policy

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We use economic analysis to evaluate grandfathering, auctioning, and benchmarking approaches for allocation of emissions allowances and then discuss practical experience from European and American schemes.

Climate Change, Policy Design

Green Growth in the Post-Copenhagen Climate Energy Policy

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Global climate change stands out from most environmental problems because it will span generations and force us to think in new ways about intergenerational fairness. It involves the delicate problem of complex coordination between countries on a truly global scale. As long as fossil fuels are too cheap, climate change policy will engage all major economies.

Climate Change, Policy Design