Unpublished Paper
Distributional biases in the analysis of climate change
Economics Department Working Paper Series
(2011)
Abstract
The economic analysis of global warming is dominated by models based on optimal growth theory. These representative-agent models have an intrinsic distributional bias in favor of the rich. The bias is compounded by the se of revenue-neutrality in the allocation of emission permits. The result is mitigation recommendations that are biased downwards. JEL Categories: Q13, I3, E1
Disciplines
Publication Date
2011
Citation Information
Peter Skott and Leila Davis. "Distributional biases in the analysis of climate change" Economics Department Working Paper Series (2011) Available at: http://works.bepress.com/peter_skott/22/