Winners and Losers in a World with Global Warming: Noncooperation, Altruism, and Social Welfare |
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| Authors: | Arthur J Caplan Christopher J Ellis Emilson CD Silva |
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| Institution: | aDepartment of Economics, Weber State University, Ogden, Utah, 84408-3807;bDepartment of Economics, University of Oregon, Eugene, Oregon, 97403-1285;cDepartment of Economics, University of Oregon, Eugene, Oregon, 97403-1285 |
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| Abstract: | In this paper, global warming is an asymmetric transboundary externality which benefits some countries or regions and harms others. We use a simple two-country model to analyze the effects of global warming on resource allocations, the global-warming stock, and national and global welfare. |
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