SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
GlobalClimate & energy

Coase Meets Negishi: Property Rights, Welfare Weights, and Distributional Consequences in Climate Economics

AT A GLANCE

About this material

We develop a property-rights based approach for defining welfare weights in economic models of climate change. Whether there is a "right to pollute" or

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