Public goods and public policy
Frank Ackerman, Elizabeth Stanton
Abstract
Frank Ackerman, Elizabeth Stanton
Abstract
Climate change poses unique economic problems that raise new, fundamental issues, both about uncertainty and about public goods and public policy. New economic analysis primarily concerned with uncertainty was covered in Chapter 6, while analyses primarily concerned with public goods and public policy issues are addressed in this chapter. The separation, however, is not a clean or unambiguous one, and the two chapters should be read together.
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Climate change poses unique economic problems that raise new, fundamental issues, both about uncertainty and about public goods and public policy. New economic analysis primarily concerned with uncertainty was covered in Chapter 6, while analyses primarily concerned with public goods and public policy issues are addressed in this chapter. The separation, however, is not a clean or unambiguous one, and the two chapters should be read together.
Key concepts: Public good, Business, Economics, Microeconomics