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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
"Presents a novel theory of the economics of globally shared and public goods, offering three critiques on the classical economics of global public goods from a micro-behavioral economics perspective." --Journal of Economic Literature
Presents a comprehensive and technical analysis of the economics of globally shared goods
Publisher : Academic Press; 1st edition (July 3, 2020)
Language : English
Paperback : 334 pages
ISBN-10 : 0128196580
ISBN-13 : 978-0128196588