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 2013-06-04. Update your information in the RePEc Author Service.

Short-id: phe40

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Working Papers

2013

1. Discounting under Disagreement
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Grantham Research Institute on Climate Change and the Environment Working Papers, Grantham Research Institute on Climate Change and the Environment (2013)
2. How Should Benefits and Costs Be Discounted in an Intergenerational Context?
   Working Paper Series, Department of Economics, University of Sussex
3. Uncertainty and Decision in Climate Change Economics
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Grantham Research Institute on Climate Change and the Environment Working Papers, Grantham Research Institute on Climate Change and the Environment (2013)

2012

4. From Growth to Green Growth - a Framework
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   Also in Policy Research Working Paper Series, The World Bank (2011) View citations (3)
5. How Should Benefits and Costs Be Discounted in an Intergenerational Context? The Views of an Expert Panel
   Discussion Papers, Resources For the Future
6. Managing Catastrophic Risk
   NBER Working Papers, National Bureau of Economic Research, Inc
7. Risk Management and Climate Change
   NBER Working Papers, National Bureau of Economic Research, Inc

2011

8. Sustainability and its Measurement
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
9. Tipping Climate Negotiations
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2010

10. Ambiguity and Climate Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Grantham Research Institute on Climate Change and the Environment Working Papers, Grantham Research Institute on Climate Change and the Environment (2010) View citations (1)

2009

11. The Economics of Renewable Energy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2008

12. Climate Economics: A Meta-Review and Some Suggestions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
13. Technology Diffusion, Abatement Cost, and Transboundary Pollution
    Working Papers, Fondazione Eni Enrico Mattei View citations (1)
    Also in Working Papers, University of Hawaii at Manoa, Department of Economics (2008) View citations (1)

2007

14. Social Reinforcement: Cascades, Entrapment and Tipping
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in American Economic Journal: Microeconomics (2010)

2006

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

2004

16. Interdependent Security: A General Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

2003

17. National Income and the Environment
    Working Paper Series, Swedish University of Agricultural Sciences, Department of Forest Economics View citations (5)
    Also in Working Papers, Columbia - Graduate School of Business (1998) View citations (1)
    See also Chapter (2005)
18. You Only Die Once: Managing Discrete Interdependent Risks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

2002

19. Interdependent Security: The Case of Identical Agents
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

1999

20. Biodiversity as a Commodity
    Working Papers, Columbia - Graduate School of Business View citations (3)
21. Valuing Ecosystem Services
    Working Papers, Columbia - Graduate School of Business View citations (2)
    See also Journal Article in The Economists' Voice (2006)

1998

22. Managing unknown risks: the future of global reinsurance
    MPRA Paper, University Library of Munich, Germany View citations (2)
23. Markets and Sustainability
    Working Papers, Columbia - Graduate School of Business View citations (1)
24. New Strategies for the Provision of Global Public Goods: Learning from International Environmental Challenges
    Working Papers, Columbia - Graduate School of Business View citations (1)
25. Sustainable use of renewable resources, Chapter 2.1
    MPRA Paper, University Library of Munich, Germany View citations (11)
26. Uncertain future preferences and conservation
    MPRA Paper, University Library of Munich, Germany View citations (21)
27. Valuing the Future: Economic Theory and Sustainability
    Working Papers, Columbia - Graduate School of Business View citations (77)

1997

28. The Economics of Increasing Returns
    Working Papers, Columbia - Graduate School of Business View citations (5)
29. The Value of Avoiding Climate Change
    Working Papers, Columbia - Graduate School of Business

1995

30. Derivatives and the Efficient Allocation of Price Risks in a General Equilibrium World
    Working Papers, Columbia - Graduate School of Business
31. Emission Constraints, Emission Permits, and Marginal Abatement Costs
    Working Papers, Columbia - Graduate School of Business
32. International Dimensions of Environmental Policy
    Working Papers, Columbia - Graduate School of Business
33. Interpreting Sustainability
    Working Papers, Columbia - Graduate School of Business View citations (4)
34. Leture Notes on Sustainability
    Memorandum, Oslo University, Department of Economics
35. Markets and Biodiversity
    Working Papers, Columbia - Graduate School of Business View citations (6)
36. Markets for Tradeable CO2 Emission Quotas Principles and Practice
    OECD Economics Department Working Papers, OECD Publishing View citations (6)
37. Markets with tradable CO2 emission quotas: principles and practice
    MPRA Paper, University Library of Munich, Germany View citations (1)
38. 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)
39. Social Choice with Infinite Populations: Construction of a Rule and Impossibility Results
    Working Papers, Columbia - Graduate School of Business View citations (3)
    See also Journal Article in Social Choice and Welfare (1997)
40. The Geometry of Implementation: A Necessary and Sufficient Condition for Straightforward Games
    Working Papers, Columbia - Graduate School of Business View citations (2)
    See also Journal Article in Social Choice and Welfare (1997)

1994

41. Chaotic Price Dynamics and Increasing Returns
    Working Papers, Columbia - Graduate School of Business
42. International Emission Permits: Equity and Efficiency
    Working Papers, Columbia - Graduate School of Business View citations (2)
43. Option Values and Endogenous Uncertainty in ESOPS, MBOS and Asset-Backed Loans
    Working Papers, Columbia - Graduate School of Business View citations (1)
    See also Journal Article in Economics Letters (1995)
44. Price Ubncertainty and Derivative Securities in General Equilibrium
    Working Papers, Columbia - Graduate School of Business View citations (1)
45. Property Rights and Returns to Scale: Patents, Firms and Market Failure
    Working Papers, Columbia - Graduate School of Business
46. The environment and the long run: A comparison of different criteria
    MPRA Paper, University Library of Munich, Germany View citations (9)
47. Valuing the Very Long Run: Discounting and the Environment
    Working Papers, Columbia - Graduate School of Business

1993

48. Arbitrage, Equilibrium and the Pareto Frontier in Lp and Sobolev Spaces
    Working Papers, Columbia - Graduate School of Business
49. Beleiving in Multiple Equilibria
    Discussion Papers, Columbia University, Department of Economics
    Also in Working Papers, Columbia - Graduate School of Business (1992) View citations (2)
50. Chaotic Price Dynamics, Increasing Returns & the Phillips Curve
    Discussion Papers, Columbia University, Department of Economics
51. Energy-Capital Substitution: A General Equilibrium Analysis
    MPRA Paper, University Library of Munich, Germany View citations (3)
52. Global Environmental Risks
    Discussion Papers, Columbia University, Department of Economics
    See also Journal Article in Journal of Economic Perspectives (1993)
53. On the Existence and the Topology of Equilibria in Incomplete Asset Markets
    Working Papers, Columbia - Graduate School of Business
54. Sustainable Growth and the Green Golden Rule
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
55. Who Should Abate Carbon Emissions? An International Viewpoint
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    See also Journal Article in Economics Letters (1994)

1992

56. 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) View citations (2)
57. Financial Markets for Unknown Risks
    Discussion Papers, Columbia University, Department of Economics View citations (1)
    Also in Working Papers, Columbia - Graduate School of Business (1992) View citations (1)
    Discussion Papers, Columbia University, Department of Economics (1992)
58. Option and Non-Use Values of Environmental Assets
    Discussion Papers, Columbia University, Department of Economics
59. Option and Non-Use of Environmental Assets
    Working Papers, Columbia - Graduate School of Business
60. Options and Price Uncertainty
    Discussion Papers, Columbia University, Department of Economics
61. Price Uncertainty and Derivative Securities in a General Equilibrium Model
    Discussion Papers, Columbia University, Department of Economics
    Also in Working Papers, Cambridge - Risk, Information & Quantity Signals (1992)
62. Robustly Effecient Equilibria in Non-Convex Economies
    Working Papers, Columbia - Graduate School of Business
    Also in Discussion Papers, Columbia University, Department of Economics (1992)
63. Stable Disequilibrium Prices
    Working Papers, Columbia - Graduate School of Business
    See also Journal Article in Economics Letters (1992)
64. 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

65. Competitive Equilibrium in Sobolev Spaces with Unbounded Short Sales
    Discussion Papers, Columbia University, Department of Economics
    Also in Working Papers, Columbia - Graduate School of Business (1991)
    Working Papers, Columbia - Graduate School of Business (1991)
66. Existence of Equilibrium in Regular Economies with Incomplete Markets
    Working Papers, Columbia - Graduate School of Business
67. 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)
68. Necessary and Sufficient Conditions for Pareto Efficiency of Equilibrium in Non-Convex Economies
    Discussion Papers, Columbia University, Department of Economics
69. On Incomplete Financial Markets
    Discussion Papers, Columbia University, Department of Economics
70. Risk Management and Global Change
    Working Papers, Columbia - Graduate School of Business

1990

71. THE ECONOMICS OF NETWORKS
    Working Papers, Columbia - Graduate School of Business View citations (1)
72. THE OPTIMAL USE OF EXHAUSTIBLE RESOURCES
    Working Papers, Columbia - Graduate School of Business
    See also Chapter (1993)

1986

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

1984

74. On a General Existence Theorem for Marginal Cost Pricing Equilibria
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (1)
    See also Journal Article in Journal of Economic Theory (1986)
75. The world oil market, past and future
    MPRA Paper, University Library of Munich, Germany

1983

76. Monetary Policies with Increasing Returns
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (1)
77. Non-conflicting oil pricing policies in the long run
    MPRA Paper, University Library of Munich, Germany
78. Resources, trade and debt: the case of Mexico
    MPRA Paper, University Library of Munich, Germany View citations (3)
79. The Optimality of Regulated Pricing: A General Equilibrium Analysis
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (1)

1982

80. A Geometric Explanation of the Transfer Paradox in a Stable Economy
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
    See also Journal Article in Journal of Development Economics (1983)
81. 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 (1)
82. Marginal Versus Average Cost Pricing in the Presence of a Public Monopoly
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
83. Stable Disequilibrium Prices: Macroeconomics and Increasing Returns I
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University

1981

84. Necessary and sufficient conditions for a resolution of the social choice paradox
    MPRA Paper, University Library of Munich, Germany View citations (5)
    See also Journal Article in Journal of Economic Theory (1983)
85. The Taxation of Exhaustible Resources
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

1978

86. Equity, Efficiency and Increasing Returns
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (8)
    See also Journal Article in Review of Economic Studies (1979)

1975

87. The Influence of Interest Rates on Resource Prices
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University

Journal Articles

2012

1. Reflections--Defining and Measuring Sustainability
   Review of Environmental Economics and Policy, 2012, 6, (1), 147-163

2010

2. Investment and emission control under technology and pollution externalities
   Resource and Energy Economics, 2010, 32, (1), 1-14 View citations (2)
3. Reflections--The Economics of Renewable Energy in the United States
   Review of Environmental Economics and Policy, 2010, 4, (1), 139-154 View citations (5)
4. Social Reinforcement: Cascades, Entrapment, and Tipping
   American Economic Journal: Microeconomics, 2010, 2, (1), 86-99 View citations (2)
   See also Working Paper (2007)

2009

5. Climate Economics: A Meta-Review and Some Suggestions for Future Research
   Review of Environmental Economics and Policy, 2009, 3, (1), 4-21 View citations (14)

2008

6. A note on national income in a dynamic economy
   Economics Letters, 2008, 98, (1), 2-8 View citations (4)

2007

7. Environmental accounting for ecosystems
   Ecological Economics, 2007, 61, (4), 693-694 View citations (1)

2006

8. Incentive to reduce tropical deforestation
   Journal of Forest Economics, 2006, 11, (4), 201-203
9. Valuing Ecosystem Services
   The Economists' Voice, 2006, 3, (3), 1-6 View citations (12)
   See also Working Paper (1999)

2005

10. 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 (24)

2004

11. Are We Consuming Too Much?
    Journal of Economic Perspectives, 2004, 18, (3), 147-172 View citations (73)
12. Economics of biodiversity: an introduction
    Resource and Energy Economics, 2004, 26, (2), 105-114 View citations (5)
13. Genetic diversity and interdependent crop choices in agriculture
    Resource and Energy Economics, 2004, 26, (2), 175-184 View citations (6)

2003

14. Bundling Biodiversity
    Journal of the European Economic Association, 2003, 1, (2-3), 553-560 View citations (3)
15. Interdependent Security
    Journal of Risk and Uncertainty, 2003, 26, (2-3), 231-49 View citations (41)

2002

16. Uncertainty and Climate Change
    Environmental & Resource Economics, 2002, 22, (1), 3-39 View citations (27)

2000

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

1998

19. 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

20. Social choice and resource allocation: a topological perspective
    Social Choice and Welfare, 1997, 14, (2), 147-160 View citations (2)
    See also Working Paper (1995)
21. Social choice with infinite populations: construction of a rule and impossibility results
    Social Choice and Welfare, 1997, 14, (2), 303-318 View citations (5)
    See also Working Paper (1995)
22. The geometry of implementation: a necessary and sufficient condition for straightforward games (*)
    Social Choice and Welfare, 1997, 14, (2), 259-294 View citations (4)
    See also Working Paper (1995)

1996

23. On the existence and the structure of the pseudo-equilibrium manifold
    Journal of Mathematical Economics, 1996, 26, (2), 171-186 View citations (8)

1995

24. Chaotic price dynamics, increasing returns and the Phillips curve
    Journal of Economic Behavior & Organization, 1995, 27, (2), 279-291 View citations (3)
25. Option values and endogenous uncertainty in ESOPs, MBOs and asset-backed loans
    Economics Letters, 1995, 48, (3-4), 379-388 View citations (2)
    See also Working Paper (1994)
26. The Green Golden Rule
    Economics Letters, 1995, 49, (2), 175-179 View citations (35)

1994

27. Who should abate carbon emissions?: An international viewpoint
    Economics Letters, 1994, 44, (4), 443-449 View citations (37)
    See also Working Paper (1993)

1993

28. Competitive Equilibrium in Sobolev Spaces without Bounds on Short Sales
    Journal of Economic Theory, 1993, 59, (2), 364-384 View citations (12)
29. Global Environmental Risks
    Journal of Economic Perspectives, 1993, 7, (4), 65-86 View citations (47)
    See also Working Paper (1993)

1992

30. International negotiations on emission control
    Structural Change and Economic Dynamics, 1992, 3, (2), 223-240 View citations (8)
31. Securities markets with increasing numbers of traders
    Economics Letters, 1992, 39, (4), 461-465
32. Stable disequilibrium prices
    Economics Letters, 1992, 40, (4), 423-428
    See also Working Paper (1992)

1986

33. Macrodynamics and Returns to Scale
    Economic Journal, 1986, 96, (381), 191-98
34. On a general existence theorem for marginal cost pricing equilibria
    Journal of Economic Theory, 1986, 38, (2), 371-379 View citations (4)
    See also Working Paper (1984)

1984

35. 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 (3)
36. Patterns of power: bargaining and incentives in two-person games
    Journal of Public Economics, 1984, 23, (3), 333-349 View citations (5)

1983

37. A geometric explanation of the transfer paradox in a stable economy
    Journal of Development Economics, 1983, 13, (1-2), 223-236 View citations (9)
    See also Working Paper (1982)
38. Community preferences and social choice
    Journal of Mathematical Economics, 1983, 12, (1), 33-61 View citations (5)
39. Marginal vs. Average Cost Pricing in the Presence of a Public Monopoly
    American Economic Review, 1983, 73, (2), 189-93 View citations (9)
40. Necessary and sufficient conditions for a resolution of the social choice paradox
    Journal of Economic Theory, 1983, 31, (1), 68-87 View citations (18)
    See also Working Paper (1981)

1981

41. Empirical investigation of the long-term movement of resource prices: A preliminary report
    Economics Letters, 1981, 7, (1), 95-103 View citations (4)
42. Rational rationing and increasing returns an example
    Economics Letters, 1981, 8, (1), 19-27 View citations (1)
43. Scarcity, Efficiency and Disequilibrium in Resource Markets
    Scandinavian Journal of Economics, 1981, 83, (2), 334-51

1980

44. Spatial Structure in the Retail Trade: A Study in Product Differentiation with Increasing Returns
    Bell Journal of Economics, 1980, 11, (2), 565-583
45. The Relationship between Interest Rates and Metal Price Movements
    Review of Economic Studies, 1980, 47, (1), 161-81 View citations (15)
46. 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 (4)

1979

47. Equity, Efficiency, and Increasing Returns
    Review of Economic Studies, 1979, 46, (4), 571-85 View citations (13)
    See also Working Paper (1978)

1978

48. On a relation between economic and thermodynamic optima
    Resources and Energy, 1978, 1, (2), 125-137 View citations (11)
49. Resource Management in a Trading Economy
    The Quarterly Journal of Economics, 1978, 92, (2), 297-306 View citations (11)

1977

50. Guarantees and Risk-Sharing
    Review of Economic Studies, 1977, 44, (3), 549-60 View citations (13)

1976

51. Do Bad Products Drive Out Good?
    The Quarterly Journal of Economics, 1976, 90, (3), 499-502 View citations (8)
52. Reply to "A Note on Complementarity Over Time."
    Review of Economic Studies, 1976, 43, (1), 183-84
53. The Relationship Between Price and Extraction Cost for a Resource with a Backstop Technology
    Bell Journal of Economics, 1976, 7, (2), 371-378

1973

54. Optimum Growth with Intertemporally Dependent Preferences
    Review of Economic Studies, 1973, 40, (1), 1-33 View citations (84)

1972

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

1971

57. Planning, Prices, and Increasing Returns
    Review of Economic Studies, 1971, 38, (115), 281-94 View citations (2)

1969

58. Planning without Prices
    Review of Economic Studies, 1969, 36, (107), 347-62 View citations (1)

Books

2005

1. The Evolving International Economy
   Cambridge Books, Cambridge University Press View citations (2)
   Also in Cambridge Books, Cambridge University Press (1987) View citations (7)

1985

2. Economic Theory and Exhaustible Resources
   Cambridge Books, Cambridge University Press View citations (78)

Chapters

2010

1. Environment and Energy: Catastrophic Liabilities from Nuclear Power Plants
   A chapter in Measuring and Managing Federal Financial Risk, 2010, pp 235-257

2005

2. Intertemporal Welfare Economics and the Environment
   Chapter 21 in Handbook of Environmental Economics, 2005, vol. 3, pp 1105-1145 View citations (14)
3. National income and the environment
   Chapter 22 in Handbook of Environmental Economics, 2005, vol. 3, pp 1147-1217 View citations (11)
   See also Working Paper (2003)
4. Planning
   Chapter 29 in Handbook of Mathematical Economics, 2005, vol. 3, pp 1483-1510

2002

5. Agriculture and ecosystem services
   Chapter 25 in Handbook of Agricultural Economics, 2002, vol. 2, Part 1, pp 1341-1341 View citations (6)

1993

6. The optimal use of exhaustible resources
   Chapter 18 in Handbook of Natural Resource and Energy Economics, 1993, vol. 3, pp 855-880 View citations (96)
   See also Working Paper (1990)