Details about Geoffrey Heal

E-mail:
Homepage:	http://www.gsb.columbia.edu/faculty/gheal
Phone:	212 854 6459
Postal address:	516 Uris Hall Columbia Business School New York NY 10027 USA
Workplace:	Finance & Economics Department, Graduate School of Business, Columbia University, (more information at EDIRC)

Access statistics for papers by Geoffrey Heal.

Last updated 2009-11-04. Update your information in the RePEc Author Service.

Short-id: phe40

---

Jump to Journal Articles Chapters

Working Papers

2009

1. The Economics of Renewable Energy
   NBER Working Papers, National Bureau of Economic Research, Inc

2008

2. Climate Economics: A Meta-Review and Some Suggestions
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
3. Technology Diffusion, Abatement Cost, and Transboundary Pollution
   Working Papers, Fondazione Eni Enrico Mattei
   Also in Working Papers, University of Hawaii at Manoa, Department of Economics (2008)

2007

4. Social Reinforcement: Cascades, Entrapment and Tipping
   NBER Working Papers, National Bureau of Economic Research, Inc

2006

5. Supermodularity and Tipping
   NBER Working Papers, National Bureau of Economic Research, Inc

2004

6. Interdependent Security: A General Model
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2003

7. National Income and the Environment
   Working Paper Series, Swedish University of Agricultural Sciences, Department of Forest Economics View citations
   Also in Working Papers, Columbia - Graduate School of Business (1998)
   See also Chapter (2005)
8. You Only Die Once: Managing Discrete Interdependent Risks
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2002

9. Interdependent Security: The Case of Identical Agents
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

1999

10. Biodiversity as a Commodity
    Working Papers, Columbia - Graduate School of Business View citations
11. Valuing Ecosystem Services
    Working Papers, Columbia - Graduate School of Business View citations
    See also Journal Article in The Economists' Voice (2006)

1998

12. Managing unknown risks: the future of global reinsurance
    MPRA Paper, University Library of Munich, Germany View citations
13. Markets and Sustainability
    Working Papers, Columbia - Graduate School of Business View citations
14. New Strategies for the Provision of Global Public Goods: Learning from International Environmental Challenges
    Working Papers, Columbia - Graduate School of Business View citations
15. Sustainable use of renewable resources, Chapter 2.1
    MPRA Paper, University Library of Munich, Germany View citations
16. Uncertain future preferences and conservation
    MPRA Paper, University Library of Munich, Germany View citations
17. Valuing the Future: Economic Theory and Sustainability
    Working Papers, Columbia - Graduate School of Business View citations

1997

18. The Economics of Increasing Returns
    Working Papers, Columbia - Graduate School of Business View citations
19. The Value of Avoiding Climate Change
    Working Papers, Columbia - Graduate School of Business

1995

20. Derivatives and the Efficient Allocation of Price Risks in a General Equilibrium World
    Working Papers, Columbia - Graduate School of Business
21. Emission Constraints, Emission Permits, and Marginal Abatement Costs
    Working Papers, Columbia - Graduate School of Business
22. International Dimensions of Environmental Policy
    Working Papers, Columbia - Graduate School of Business
23. Interpreting Sustainability
    Working Papers, Columbia - Graduate School of Business View citations
24. Leture Notes on Sustainability
    Memorandum, Oslo University, Department of Economics
25. Markets and Biodiversity
    Working Papers, Columbia - Graduate School of Business View citations
26. Markets for Tradeable CO2 Emission Quotas Principles and Practice
    OECD Economics Department Working Papers, OECD, Economics Department View citations
27. Markets with tradable CO2 emission quotas: principles and practice
    MPRA Paper, University Library of Munich, Germany View citations
28. Social Choice and Resource Allocation: A Topological Perspective
    Working Papers, Columbia - Graduate School of Business
    See also Journal Article in Social Choice and Welfare (1997)
29. Social Choice with Infinite Populations: Construction of a Rule and Impossibility Results
    Working Papers, Columbia - Graduate School of Business View citations
    See also Journal Article in Social Choice and Welfare (1997)
30. The Geometry of Implementation: A Necessary and Sufficient Condition for Straightforward Games
    Working Papers, Columbia - Graduate School of Business
    See also Journal Article in Social Choice and Welfare (1997)

1994

31. Chaotic Price Dynamics and Increasing Returns
    Working Papers, Columbia - Graduate School of Business
32. International Emission Permits: Equity and Efficiency
    Working Papers, Columbia - Graduate School of Business View citations
33. Option Values and Endogenous Uncertainty in ESOPS, MBOS and Asset-Backed Loans
    Working Papers, Columbia - Graduate School of Business View citations
    See also Journal Article in Economics Letters (1995)
34. Price Ubncertainty and Derivative Securities in General Equilibrium
    Working Papers, Columbia - Graduate School of Business View citations
35. Property Rights and Returns to Scale: Patents, Firms and Market Failure
    Working Papers, Columbia - Graduate School of Business
36. The environment and the long run: A comparison of different criteria
    MPRA Paper, University Library of Munich, Germany View citations
37. Valuing the Very Long Run: Discounting and the Environment
    Working Papers, Columbia - Graduate School of Business

1993

38. Arbitrage, Equilibrium and the Pareto Frontier in Lp and Sobolev Spaces
    Working Papers, Columbia - Graduate School of Business
39. Beleiving in Multiple Equilibria
    Discussion Papers, Columbia University, Department of Economics
    Also in Working Papers, Columbia - Graduate School of Business (1992) View citations
40. Chaotic Price Dynamics, Increasing Returns & the Phillips Curve
    Discussion Papers, Columbia University, Department of Economics
41. Energy-Capital Substitution: A General Equilibrium Analysis
    MPRA Paper, University Library of Munich, Germany View citations
42. Global Environmental Risks
    Discussion Papers, Columbia University, Department of Economics View citations
    See also Journal Article in Journal of Economic Perspectives (1993)
43. On the Existence and the Topology of Equilibria in Incomplete Asset Markets
    Working Papers, Columbia - Graduate School of Business
44. Sustainable Growth and the Green Golden Rule
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
45. Who Should Abate Carbon Emissions? An International Viewpoint
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Economics Letters (1994)

1992

46. Arbitrage and Equilibrium in Economics with Infinitely Many Securities and Commodities
    Discussion Papers, Columbia University, Department of Economics
    Also in Discussion Papers, Columbia University, Department of Economics (1991)
    Working Papers, Columbia - Graduate School of Business (1992)
47. Financial Markets for Unknown Risks
    Discussion Papers, Columbia University, Department of Economics View citations
    Also in Working Papers, Columbia - Graduate School of Business (1992) View citations
    Discussion Papers, Columbia University, Department of Economics (1992) View citations
48. Option and Non-Use Values of Environmental Assets
    Discussion Papers, Columbia University, Department of Economics
49. Option and Non-Use of Environmental Assets
    Working Papers, Columbia - Graduate School of Business
50. Options and Price Uncertainty
    Discussion Papers, Columbia University, Department of Economics
51. Price Uncertainty and Derivative Securities in a General Equilibrium Model
    Discussion Papers, Columbia University, Department of Economics View citations
    Also in Working Papers, Cambridge - Risk, Information & Quantity Signals (1992) View citations
52. Robustly Effecient Equilibria in Non-Convex Economies
    Working Papers, Columbia - Graduate School of Business
    Also in Discussion Papers, Columbia University, Department of Economics (1992)
53. Stable Disequilibrium Prices
    Working Papers, Columbia - Graduate School of Business
    See also Journal Article in Economics Letters (1992)
54. Welfare Dynamics in Securities Markets with Increasing Numbers of Traders
    Working Papers, Columbia - Graduate School of Business
    Also in Working Papers, Columbia - Graduate School of Business (1991)

1991

55. Competitive Equilibrium in Sobolev Spaces with Unbounded Short Sales
    Discussion Papers, Columbia University, Department of Economics View citations
    Also in Working Papers, Columbia - Graduate School of Business (1991) View citations
    Working Papers, Columbia - Graduate School of Business (1991) View citations
56. Existence of Equilibrium in Regular Economies with Incomplete Markets
    Working Papers, Columbia - Graduate School of Business
57. Necessary & Sufficient Conditions for Pareto Efficiency of Equilibrium in Non-Convex Economies
    Working Papers, Columbia - Graduate School of Business
    Also in Working Papers, Columbia - Graduate School of Business (1991)
58. Necessary and Sufficient Conditions for Pareto Efficiency of Equilibrium in Non-Convex Economies
    Discussion Papers, Columbia University, Department of Economics
59. On Incomplete Financial Markets
    Discussion Papers, Columbia University, Department of Economics
60. Risk Management and Global Change
    Working Papers, Columbia - Graduate School of Business

1990

61. THE ECONOMICS OF NETWORKS
    Working Papers, Columbia - Graduate School of Business
62. THE OPTIMAL USE OF EXHAUSTIBLE RESOURCES
    Working Papers, Columbia - Graduate School of Business
    See also Chapter (1993)

1986

63. Trade and the evolving world economy
    MPRA Paper, University Library of Munich, Germany

1984

64. On a General Existence Theorem for Marginal Cost Pricing Equilibria
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in Journal of Economic Theory (1986)
65. The world oil market, past and future
    MPRA Paper, University Library of Munich, Germany

1983

66. Monetary Policies with Increasing Returns
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
67. Non-conflicting oil pricing policies in the long run
    MPRA Paper, University Library of Munich, Germany
68. Resources, trade and debt: the case of Mexico
    MPRA Paper, University Library of Munich, Germany View citations
69. The Optimality of Regulated Pricing: A General Equilibrium Analysis
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1982

70. A Geometric Explanation of the Transfer Paradox in a Stable Economy
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in Journal of Development Economics (1983)
71. Existence, Local Uniqueness, and Optimality of a Marginal Cost Pricing Equilibrium in an Economy with Increasing Returns
    Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences View citations
72. Marginal Versus Average Cost Pricing in the Presence of a Public Monopoly
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
73. Stable Disequilibrium Prices: Macroeconomics and Increasing Returns I
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University

1981

74. Necessary and sufficient conditions for a resolution of the social choice paradox
    MPRA Paper, University Library of Munich, Germany View citations
    See also Journal Article in Journal of Economic Theory (1983)
75. The Taxation of Exhaustible Resources
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1978

76. Equity, Efficiency and Increasing Returns
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    See also Journal Article in Review of Economic Studies (1979)

1975

77. The Influence of Interest Rates on Resource Prices
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University

Journal Articles

2009

1. Climate Economics: A Meta-Review and Some Suggestions for Future Research
   Review of Environmental Economics and Policy, 2009, 3, (1), 4-21 View citations

2008

2. A note on national income in a dynamic economy
   Economics Letters, 2008, 98, (1), 2-8 View citations

2007

3. Environmental accounting for ecosystems
   Ecological Economics, 2007, 61, (4), 693-694

2006

4. Valuing Ecosystem Services
   The Economists' Voice, 2006, 3, (3) View citations
   See also Working Paper (1999)

2005

5. Corporate Social Responsibility: An Economic and Financial Framework
   The Geneva Papers on Risk and Insurance - Issues and Practice, 2005, 30, (3), 387-409 View citations

2004

6. Economics of biodiversity: an introduction
   Resource and Energy Economics, 2004, 26, (2), 105-114 View citations
7. Genetic diversity and interdependent crop choices in agriculture
   Resource and Energy Economics, 2004, 26, (2), 175-184 View citations

2003

8. Bundling Biodiversity
   Journal of the European Economic Association, 2003, 1, (2-3), 553-560 View citations
9. Interdependent Security
   Journal of Risk and Uncertainty, 2003, 26, (2-3), 231-49 View citations

2002

10. Uncertainty and Climate Change
    Environmental & Resource Economics, 2002, 22, (1), 3-39 View citations

2000

11. Biodiversity in the Marketplace
    World Economics, 2000, 1, (4), 149-177
12. Demographic Risk in Industrial Societies
    World Economics, 2000, 1, (4), 27-72

1998

13. A unified treatment of finite and infinite economies: limited arbitrage is necessary and sufficient for the existence of equilibrium and the core
    Economic Theory, 1998, 12, (1), 163-176

1997

14. Social choice and resource allocation: a topological perspective
    Social Choice and Welfare, 1997, 14, (2), 147-160
    See also Working Paper (1995)
15. Social choice with infinite populations: construction of a rule and impossibility results
    Social Choice and Welfare, 1997, 14, (2), 303-318 View citations
    See also Working Paper (1995)
16. The geometry of implementation: a necessary and sufficient condition for straightforward games (*)
    Social Choice and Welfare, 1997, 14, (2), 259-294 View citations
    See also Working Paper (1995)

1996

17. On the existence and the structure of the pseudo-equilibrium manifold
    Journal of Mathematical Economics, 1996, 26, (2), 171-186 View citations

1995

18. Chaotic price dynamics, increasing returns and the Phillips curve
    Journal of Economic Behavior & Organization, 1995, 27, (2), 279-291
19. Option values and endogenous uncertainty in ESOPs, MBOs and asset-backed loans
    Economics Letters, 1995, 48, (3-4), 379-388 View citations
    See also Working Paper (1994)
20. The Green Golden Rule
    Economics Letters, 1995, 49, (2), 175-179 View citations

1994

21. Who should abate carbon emissions?: An international viewpoint
    Economics Letters, 1994, 44, (4), 443-449 View citations
    See also Working Paper (1993)

1993

22. Competitive Equilibrium in Sobolev Spaces without Bounds on Short Sales
    Journal of Economic Theory, 1993, 59, (2), 364-384 View citations
23. Global Environmental Risks
    Journal of Economic Perspectives, 1993, 7, (4), 65-86 View citations
    See also Working Paper (1993)

1992

24. International negotiations on emission control
    Structural Change and Economic Dynamics, 1992, 3, (2), 223-240 View citations
25. Securities markets with increasing numbers of traders
    Economics Letters, 1992, 39, (4), 461-465
26. Stable disequilibrium prices
    Economics Letters, 1992, 40, (4), 423-428
    See also Working Paper (1992)

1986

27. Macrodynamics and Returns to Scale
    Economic Journal, 1986, 96, (381), 191-98 View citations
28. On a general existence theorem for marginal cost pricing equilibria
    Journal of Economic Theory, 1986, 38, (2), 371-379 View citations
    See also Working Paper (1984)

1984

29. Gains from trade, stability and profits: A comment on Chichilnisky's Terms of trade and domestic distribution: export-led growth with abundant labour
    Journal of Development Economics, 1984, 15, (1-3), 117-130 View citations
30. Patterns of power: bargaining and incentives in two-person games
    Journal of Public Economics, 1984, 23, (3), 333-349 View citations

1983

31. A geometric explanation of the transfer paradox in a stable economy
    Journal of Development Economics, 1983, 13, (1-2), 223-236 View citations
    See also Working Paper (1982)
32. Community preferences and social choice
    Journal of Mathematical Economics, 1983, 12, (1), 33-61 View citations
33. Marginal vs. Average Cost Pricing in the Presence of a Public Monopoly
    American Economic Review, 1983, 73, (2), 189-93 View citations
34. Necessary and sufficient conditions for a resolution of the social choice paradox
    Journal of Economic Theory, 1983, 31, (1), 68-87 View citations
    See also Working Paper (1981)

1981

35. Empirical investigation of the long-term movement of resource prices: A preliminary report
    Economics Letters, 1981, 7, (1), 95-103
36. Rational rationing and increasing returns an example
    Economics Letters, 1981, 8, (1), 19-27 View citations
37. Scarcity, Efficiency and Disequilibrium in Resource Markets
    Scandinavian Journal of Economics, 1981, 83, (2), 334-51

1980

38. Spatial Structure in the Retail Trade: A Study in Product Differentiation with Increasing Returns
    Bell Journal of Economics, 1980, 11, (2), 565-583 View citations
39. The Relationship between Interest Rates and Metal Price Movements
    Review of Economic Studies, 1980, 47, (1), 161-81 View citations
40. Two-part tariffs, marginal cost pricing and increasing returns in a general equilibrium model
    Journal of Public Economics, 1980, 13, (1), 25-49 View citations

1979

41. Equity, Efficiency, and Increasing Returns
    Review of Economic Studies, 1979, 46, (4), 571-85 View citations
    See also Working Paper (1978)

1978

42. On a relation between economic and thermodynamic optima
    Resources and Energy, 1978, 1, (2), 125-137 View citations
43. Resource Management in a Trading Economy
    The Quarterly Journal of Economics, 1978, 92, (2), 297-306 View citations

1977

44. Guarantees and Risk-Sharing
    Review of Economic Studies, 1977, 44, (3), 549-60 View citations

1976

45. Do Bad Products Drive Out Good?
    The Quarterly Journal of Economics, 1976, 90, (3), 499-502 View citations
46. Reply to "A Note on Complementarity Over Time."
    Review of Economic Studies, 1976, 43, (1), 183-84 View citations
47. The Relationship Between Price and Extraction Cost for a Resource with a Backstop Technology
    Bell Journal of Economics, 1976, 7, (2), 371-378 View citations

1973

48. Optimum Growth with Intertemporally Dependent Preferences
    Review of Economic Studies, 1973, 40, (1), 1-33 View citations

1972

49. Alternative Managerial Objectives: An Exploratory Note
    Oxford Economic Papers, 1972, 24, (2), 137-50
50. The theory of voting: Robin Farquharson, (Basil Blackwell, Oxford. Price [UK pound] 2-00p.)
    Journal of Public Economics, 1972, 1, (2), 277-280

1971

51. Planning, Prices, and Increasing Returns
    Review of Economic Studies, 1971, 38, (115), 281-94 View citations

1969

52. Planning without Prices
    Review of Economic Studies, 1969, 36, (107), 347-62

Chapters

2005

1. Intertemporal Welfare Economics and the Environment
   Chapter 21 in Handbook of Environmental Economics, 2005, vol. 3, pp 1105-1145 View citations
2. National income and the environment
   Chapter 22 in Handbook of Environmental Economics, 2005, vol. 3, pp 1147-1217 View citations
   See also Working Paper (2003)
3. Planning
   Chapter 29 in Handbook of Mathematical Economics, 2005, vol. 3, pp 1483-1510

2002

4. Agriculture and ecosystem services
   Chapter 25 in Handbook of Agricultural Economics, 2002, vol. 2, Part 1, pp 1341-1341 View citations

1993

5. The optimal use of exhaustible resources
   Chapter 18 in Handbook of Natural Resource and Energy Economics, 1993, vol. 3, pp 855-880 View citations
   See also Working Paper (1990)