Expected Utility (EU) theory is not only applied to individual choices but also to ethical decisions, e.g. in cost-bene t analysis of climate change policy measures that a ect future generations. In this context…
The purpose of this paper is to analyse the cost pass-through potential, i.e. the ability of firms in German industrial sectors participating in the EU Emissions Trading Scheme (EU ETS) to adjust output prices…
Global warming, the pollution of the seas or a continuously increasing noise level are just a few examples of environmental issues that have alerted the global public in recent years. As a consequence, more and…
In the aftermath of the climate conference in Copenhagen in December 2009 (15th Conference of the Parties of the United Nations), two issues appear to have played a determinant role in the negotiation discourse…
Adaptation to climate change is gaining increasing relevance in the public debate of climate policy. Thus, knowledge of costs and benefits of adaptation measures is of high importance. This study compiles…
Drawing on specific examples from products and subsectors within the EU ETS, this paper empirically tests to what extent those sectors are able to adjust their output prices when facing an input price change.…
