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来源类型Working Paper
规范类型报告
DOI10.3386/w18622
来源IDWorking Paper 18622
A Voting Architecture for the Governance of Free-Driver Externalities, with Application to Geoengineering
Martin Weitzman
发表日期2012-12-14
出版年2012
语种英语
摘要Climate change is a global "free rider" problem because significant abatement of greenhouse gases is an expensive public good requiring international cooperation to apportion compliance among states. But it is also a global "free driver" problem because geoengineering the stratosphere with reflective particles to block incoming solar radiation is so cheap that it could essentially be undertaken unilaterally by one state perceiving itself to be in peril. This paper develops the main features of a "free driver" externality in a simple model based on the asymmetric consequences of type-I and type-II errors. I propose a social-choice decision architecture based on the solution concept of a supermajority voting rule and derive its basic properties. In the model this supermajority voting rule attains the socially optimal cooperative solution, which is a new theoretical result around which the paper is built.
主题Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w18622
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/576297
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GB/T 7714
Martin Weitzman. A Voting Architecture for the Governance of Free-Driver Externalities, with Application to Geoengineering. 2012.
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