The Aggregation Dilemma

Ingmar Schumacher

No 2014-224, Working Papers from Department of Research, Ipag Business School

Abstract: The results in this paper show that the level of aggregation used in a social welfare func- tion matters significantly for policy analysis. Using climate change as an example, it is shown that, under the mild and widely-accepted assumptions of asymmetr

Keywords: Aggregation Dilemma; social welfare function; Integrated Assessment Models; climate policy. (search for similar items in EconPapers)
JEL-codes: Q54 Q58 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2014-01-01
New Economics Papers: this item is included in nep-ene, nep-env and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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