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Global Carbon Pricing

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ISBN: 9780262340397 9780262036269 Year: Pages: 268 Language: English
Publisher: The MIT Press
Subject: Environmental Sciences
Added to DOAB on : 2019-01-17 11:41:31
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Why the traditional “pledge and review” climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed.After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a “common commitment” scheme is more effective than an “individual commitment” scheme; the latter depends on altruism while the former involves reciprocity (“we will if you will”).The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference.ContributorsRichard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman

Lie and non-Lie Symmetries: Theory and Applications for Solving Nonlinear Models

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ISBN: 9783038425267 9783038425274 Year: Pages: XII, 414 Language: English
Publisher: MDPI - Multidisciplinary Digital Publishing Institute
Subject: Mathematics
Added to DOAB on : 2017-10-25 13:19:05
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Since the end of the 19th century when the prominent Norwegian mathematician Sophus Lie created the theory of Lie algebras and Lie groups and developed the method of their applications for solving differential equations, his theory and method have continuously been the research focus of many well-known mathematicians and physicists. This book is devoted to recent development in Lie theory and its applications for solving physically and biologically motivated equations and models. The book contains the articles published in two Special Issue of the journal Symmetry, which are devoted to analysis and classification of Lie algebras, which are invariance algebras of real-word models; Lie and conditional symmetry classification problems of nonlinear PDEs; the application of symmetry-based methods for finding new exact solutions of nonlinear PDEs (especially reaction-diffusion equations) arising in applications; the application of the Lie method for solving nonlinear initial and boundary-value problems (especially those for modelling processes with diffusion, heat transfer, and chemotaxis).

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