Models in evolutionary economics and environmental policy

Publication

This paper presents a review on evolutionary economic modelling in relation to environmental policy. The authors discuss three areas in which evolutionary economic models have a particularly high added value for environmental policy-making: the double externality problem, technological transitions and consumer demand. We explore the possibilities to apply evolutionary economic models in environmental policy assessment, including the opportunities for making policy-making endogenous to environmental innovation. We end with a critical discussion of the challenges that remain.

Authors

Faber, A, Frenken, K

Specifications

Publication title
Models in evolutionary economics and environmental policy: Towards an evolutionary environmental economics
Publication date
24 June 2008
Publication type
Publication
Magazine
Technological Forecasting and Social Change (in press)
Product number
92274