The Economics of Globally Shared and Public Goods responds to an urgent need to consolidate and refine the economic theories and explanations pertinent to globally shared resources. Making a clear distinction between theories and empirical models, it elucidates the problem of global public goods while incorporating insights from behavioral economics. Its comprehensive and technical review of existing theoretical models and their empirical results illuminate those models in practical applications. Relevant for economists and others working on challenges of globally shared goods such as climate change and global catastrophes, The Economics of Globally Shared and Public Goods provides a path toward greater co-operation and shared successes. - Offers an encompassing description of the economics of global public goods - Provides an ensemble of empirical analyses of behavioral complexities - Defines a set of optimality conditions for a solution applicable to many problems

The Economics of Globally Shared and Public Goods responds to an urgent need to consolidate and refine the economic theories and explanations pertinent to globally shared resources. Making a clear distinction between theories and empirical models, it elucidates the problem of global public goods while incorporating insights from behavioral economics. Its comprehensive and technical review of existing theoretical models and their empirical results illuminate those models in practical applications. Relevant for economists and others working on challenges of globally shared goods such as climate change and global catastrophes, The Economics of Globally Shared and Public Goods provides a path toward greater co-operation and shared successes. Offers an encompassing description of the economics of global public goods Provides an ensemble of empirical analyses of behavioral complexities Defines a set of optimality conditions for a solution applicable to many problems

The Behavioral Economics of Climate Change: Adaptation Behaviors, Global Public Goods, Breakthrough Technologies, and Policy-Making shows readers how to understand mitigation strategies emerging from global warming policy discussions and the ways that changing climate conditions can alter these strategies. Through quantitative analyses, case studies and policy examples, this bottom-up approach to climate change economics gives readers the tools to create effective responses to global warming. This self-contained book on the topic covers key scientific and economic subjects in an applied, innovative and immediately relevant fashion. - Unravels individual behaviors and national policies about global warming by evaluating their evolving motives and incentives - Provides an economic analysis of the ways individuals makes decisions when faced with climate change - Details a full range of alternative economic and policy responses, placing them in an integrated conceptual and policy framework

Climate change, nuclear proliferation, and the threat of a global pandemic have the potential to impact each of our lives. Preventing these threats poses a serious global challenge, but ignoring them could have disastrous consequences. How do we engineer institutions to change incentives so that these global public goods are provided? Scott Barrett provides a thought provoking and accessible introduction to the issues surrounding the provision of global public goods. Using a variety of examples to illustrate past successes and failures, he shows how international cooperation, institutional design, and the clever use of incentives can work together to ensure the effective delivery of global public goods.

This book provides an expansive review of the public goods theme and highlights the inherent linkage between sustainable development and corporate responsibility for improving the current and future welfare of communities both at home and abroad. The main proposition here is that sustainable development is focused on preserving and maintaining public goods. Consequently, whoever uses public goods is liable for their preservation, their maintenance, and, where they are underdeveloped, for their expansion. Successful delivery, both now and in the future, depends on a positive relationship of the public sector with the private sector. This book will serve to stimulate discussions of scholars and policy makers in the field of sustainable development with business leaders, and will close the gap between the public and the private sectors by building a common understanding and common methodologies for implementing and measuring sustainable development in the macro- and the micro-spheres.

This book presents an updated and expanded discussion of theoretical treatment of externalities (i.e. uncompensated interdependencies), public goods, and club goods.

This publication addresses factors that promote or inhibit successful provision of the four key international public goods: financial stability, international trade regime, international diffusion of technological knowledge and global environment. Without these goods, developing countries are unable to compete, prosper or attract capital from abroad. The need for public goods provision is also recognized by the Millennium Development Goals, internationally agreed goals and targets for knowledge, health, governance and environmental public goods. The Report addresses the nature of required policies and institutions using the modern principles of collective action.