Models in evolutionary economics and environmental policy: Towards an evolutionary environmental economics

Albert Faber () and Koen Frenken ()

No 08-15, Innovation Studies Utrecht (ISU) working paper series from Utrecht University, Department of Innovation Studies

Abstract: In this paper we review evolutionary economic modelling in relation to environmental policy. We discuss three areas in which evolutionary economic models have a particularly high added value for environmental policy-making: the double externality problem, technological transitions and consumer demand. We explore the possibilities to apply evolutionary economic models in environmental policy assessment, including the opportunities for making policy-making endogenous to environmental innovation. We end with a critical discussion of the challenges that remain.

New Economics Papers: this item is included in nep-agr, nep-env, nep-evo and nep-pke
Date: 2008-04, Revised 2008-04
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Persistent link: http://EconPapers.repec.org/RePEc:uis:wpaper:0815

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