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Intro -- Preface -- Contents -- About the Author -- List of Figures -- List of Tables -- Chapter 1: An Introduction to the Economics of Optimal Growth Pathways and the Health of Natural and Ecological Resources -- 1.1 Introduction -- 1.2 Natural Resources and Life on Earth -- 1.3 Financial Assets -- 1.4 An Optimal Economic Growth Pathway for the Nation -- 1.5 Post-Growth and Sub-Optimal Growth Critiques -- 1.6 The Common Concern of All: A Health of Nature and Life on Earth -- 1.7 Structure of the Book -- References -- Chapter 2: Ricardo's Rent -- 2.1 Agriculture for Food and Nutrition -- 2.2 David Ricardo's Rent Theory -- 2.3 A Marginal Revolution -- 2.4 Short-Term and Long-Term Effects of Agricultural Improvements -- 2.5 The Optimal Pathways of Land Value and Rent -- 2.6 The Rome Club Critique -- 2.7 Evaluating Food Security of the Planet -- 2.8 Conclusion -- References -- Chapter 3: Von Thunen's Spatial Land Use: Grasslands and Cities -- 3.1 Introduction -- 3.2 Von Thunen's Spatial Land Use -- 3.3 A Wasteland Critique -- 3.4 Optimal Pathways of Land Use Changes -- 3.5 Evaluating the Health of Grasslands on the Planet -- 3.6 Conclusion -- References -- Chapter 4: Faustmann's Forest Harvest Rotation -- 4.1 Introduction -- 4.2 Economics of Renewable Resources -- 4.3 A Forester's Harvest Rotation -- 4.4 Faustmann's Optimal Harvest Rule -- 4.5 Extensions of the Faustmann Rotation -- 4.5.1 An Old Growth Forest -- 4.5.2 Non-Timber Forest Products (NTFPs) -- 4.5.3 Climate and Ecological Value -- 4.6 A Deforestation Critique -- 4.7 The Pathways of the Planet's Forest -- 4.8 Concluding Remarks: Tree Planting Initiatives -- References -- Chapter 5: Hotelling's Fossil Fuel Economics -- 5.1 Introduction -- 5.2 Fossil Fuels as Non-renewable Resources -- 5.3 Economics of Crude Oil Extractions -- 5.4 Backstop Energy -- 5.5 A Peak Oil Critique.

Chapter 1. The COVID-19 Pandemic as a Globally-shared Experience: An Introduction -- Chapter 2. Pandemic Economics: Essential Features and Outstanding Questions -- Chapter 3. Pandemic Analysis I: Global Governance for a Global Pandemic? -- Chapter 4. Pandemic Analysis II: Governmental Actions During the Pandemic: Lockdown or No Lockdown? -- Chapter 5. Pandemic Analysis III: The Great Reset, People's Uprisings, and Other Radical Change Proposals -- Chapter 6. Pandemic Analysis IV: Is the COVID-19 Pandemic a Doomsday Scenario for Climate Change? -- Chapter 7. Pandemic Analysis V: The Science and Economics of a Vaccine for Ending the Pandemic -- Chapter 8. The Economics of Pandemics as a Globally-shared Experience: A Theory -- Chapter 9. Some Yet Unresolved Questions and Mysteries about the COVID-19 Pandemic.

1. An Introduction to the First Course on Climate Change, Economy, and Life for Generation-Z -- 2. Farm Animals: A Story of Sheep and Goats in Sub-Sahara -- 3. Forests: A Tale of Amazon Rainforests and Congo River Forests -- 4. Monsoon: A Tale of Indian Water Cow and Goats in the Monsoon -- 5. Tropical Cyclones and Oceans: A Story of Cyclone Shelters in Bangladesh -- 6. Rice Yields: A Tale of Political Rice and Climate Change in Thailand -- 7. Grasslands: A Story of Pampas, Prairie, and Feeds for the Future -- 8. Energy: A Story of Three Gorges in China -- 9. Technologies: A Surprising Tale of a Greenhouse -- 10. Clouds: A Secret Tale of Cirrus Clouds -- 11. Polar Bears and Penguins in the World Poles -- 12. Bush Fires or Global Warming in Australia -- 13. Infectious Diseases and Climate Change -- 14. Negotiations: Climate Conferences -- 15. What the Future Holds for Generation-Z.

Front Cover -- The Economics of Globally Shared and Public Goods -- Copyright Page -- Dedication -- Contents -- About the author -- Preface -- 1 An introduction to the challenges of public and globally shared goods in economics and policy-making -- 1.1 Introduction -- 1.2 Public goods and globally shared goods examined -- 1.3 The furor, dances, and charade over global public goods -- 1.4 The economic theories of public goods -- 1.5 Three critiques -- 1.6 The economics of globally shared goods -- 1.7 Structure of the book -- References -- Further reading -- 2 The economics of public goods and club goods -- 2.1 The emergence of the term public goods -- 2.2 Samuelson's pure theory -- 2.3 Friedman's public sector versus private sector -- 2.4 Club goods -- 2.5 An efficient provision versus market provision of a public good -- 2.6 Policy instruments for providing the public good optimally -- 2.7 Morality, private provision, specialized markets -- 2.8 Valuation methods -- 2.9 Uncertainty and policy options -- 2.10 Wealth redistributions and policy options -- 2.11 Concluding remarks -- References -- 3 The economics of global-scale public goods: key challenges and theories -- 3.1 Introduction -- 3.2 Spatio-political scales of a public good -- 3.3 Global public goods -- 3.4 Production technologies -- 3.5 A globally harmonized carbon price or tax -- 3.6 Economics of the value of time -- 3.7 Uncertainty, catastrophe, and precautionary principle -- 3.8 Optimal mutually beneficial monetary transfers -- 3.9 The public sector for global public goods -- 3.10 Conclusion -- References -- 4 A critique of the economics of global public goods: a microbehavioral theory and model -- 4.1 Introduction -- 4.2 A theory of the microbehavioral economics of globally shared goods -- 4.3 The microbehavioral economic model -- 4.4 Empirical analyses of the microbehavioral model.

Intro -- Preface -- Contents -- About the Author -- List of Figures -- List of Tables -- Chapter 1: Economics of the Green Climate Fund, Paris Agreements, and Global Funds and Currencies: An Overview -- 1.1 Challenges of the Green Climate Fund -- 1.2 Paris Agreements and the GCF -- 1.3 Voluntary Pledges -- 1.4 Making Decisions on the GCF Allocations -- 1.5 Economics of the Global Green Climate Fund -- 1.6 Evaluating the GCF´s Allocations -- 1.7 Five Scientific Traditions of Global Warming -- 1.8 Global Funds, Programs, Currencies -- 1.9 Road Map of the Book -- References -- Chapter 2: The Green Climate Fund: History, Institution, Pledges, Investment Criteria -- 2.1 Introduction -- 2.2 A Historical Development of the GCF -- 2.3 An Analysis of GCF Pledges -- 2.4 An Analysis of GCF Funding Decisions -- 2.5 An Analysis of Individual GCF Awards by Results Area -- 2.6 GCF Investment Criteria -- 2.7 The Road to Evaluations of the GCF Projects -- References -- Chapter 3: The Microbehavioral Economic Models of Adaptation Behaviors to Global Warming -- 3.1 Introduction -- 3.2 A Theory of the Microbehavioral Economics of Adaptation Behaviors -- 3.3 Microbehavioral Data -- 3.4 Adaptation Behaviors -- 3.4.1 Choice of Livestock Species -- 3.4.2 Adoption of Agricultural Systems -- 3.4.3 Adaptation Behaviors to Climate Risk -- 3.4.4 Public Adaptation -- 3.4.5 Natural Resource Intensive Enterprises -- 3.5 Microbehavioral Economics Implications for the GCF Funds Allocations -- 3.6 Additional Insights of the Microbehavioral Economic Models -- References -- Chapter 4: Agro-Economic Models for Measuring the Impact of Climate Change on Agriculture -- 4.1 Introduction -- 4.2 Theory -- 4.3 Empirical Results: FACE Versus Agronomic Simulations -- 4.4 Empirical Results: Extrapolations from the Plot Level to the National Level.

Cover -- Title Page -- Copyright -- Contents -- List of Figures -- List of Tables -- About the Author -- Preface and Acknowledgments -- Chapter 1 The Economics of Humanity‐Ending Catastrophes, Natural and Man‐made: Introduction -- 1.1 Fables of Catastrophes in Three Worlds -- 1.2 Feared Catastrophic Events -- 1.3 Global or Universal Catastrophes -- 1.4 A Multidisciplinary Review of Catastrophe Studies -- 1.5 Economics of Catastrophic Events -- 1.6 Empirical Studies of Behaviors Under Catastrophes -- 1.7 Designing Policies on Catastrophic Events -- 1.8 Economics of Catastrophes Versus Economics of Sustainability -- 1.9 Road Ahead -- References -- Chapter 2 Mathematical Foundations of Catastrophe and Chaos Theories and Their Applications -- 2.1 Introduction -- 2.2 Catastrophe Theory -- 2.2.1 Catastrophe Models and Tipping Points -- 2.2.2 Regulating Mechanisms -- 2.3 Chaos Theory -- 2.3.1 Butterfly Effect -- 2.3.2 The Lorenz Attractor -- 2.4 Fractal Theory -- 2.4.1 Fractals -- 2.4.2 The Mandelbrot Set -- 2.4.3 Fractals, Catastrophe, and Power Law -- 2.5 Finding Order in Chaos -- 2.6 Catastrophe Theory Applications -- 2.7 Conclusion -- References -- Chapter 3 Philosophies, Ancient and Contemporary, of Catastrophes, Doomsdays, and Civilizational Collapses -- 3.1 Introduction -- 3.2 Environmental Catastrophes: Silent Spring -- 3.3 Ecological Catastrophes: The Ultimate Value Is Wilderness -- 3.4 Climate Doomsday Modelers -- 3.5 Collapsiology: The Archaeology of Civilizational Collapses -- 3.6 Pascal's Wager: A Statistics of Infinity of Value -- 3.7 Randomness in the Indian School of Thoughts -- 3.8 The Road to the Economics of Catastrophes -- References -- Chapter 4 Economics of Catastrophic Events: Theory -- 4.1 Introduction -- 4.2 Defining Catastrophic Events: Thresholds -- 4.3 Defining Catastrophic Events: Tail Distributions

The Behavioral Economics of Climate Change: Adaptation Behaviors, Global Public Goods, Breakthrough Technologies, and Policy-Making shows readers how to understand mitigation strategies emerging from global warming policy discussions and the ways that changing climate conditions can alter these strategies. Through quantitative analyses, case studies and policy examples, this bottom-up approach to climate change economics gives readers the tools to create effective responses to global warming. This self-contained book on the topic covers key scientific and economic subjects in an applied, innovative and immediately relevant fashion.

Microbehavioral Econometric Methods and Environmental Studiesuses microeconometric methods to model the behavior of individuals, then demonstrates the modelling approaches in addressing policy needs. It links theory and methods with applications, and it incorporates data to connect individual choices and global environmental issues. This extension of traditional environmental economics presents modeling strategies and methodological techniques, then applies them to hands-on examples.Throughout the book, readers can access chapter summaries, problem sets, multiple household survey data with regard to agricultural and natural resources in Sub-Saharan Africa, South America, and India, and empirical results and solutions from the SAS software.Emphasizes ways that choices and outcomes are modelled simultaneouslyIlluminates relationships between micro decisions and global environmental systemsUses software and cases in analyzing environmental policy issuesLinks microeconomic models to applications in environmental economics and thereby connects individual choices with global environmental issues Professor S. Niggol Seo is a natural resource economist who specializes in the study of global warming. Born in a rural village in South Korea in 1972, he studied at a doctoral degree program at the University of California at Berkeley and received a Ph.D. degree in Environmental and Natural Resource Economics from Yale University in May 2006 with a dissertation on micro-behavioral models of global warming. Since 2003, he has worked with the World Bank on various climate change projects in Africa, Latin America, and Asia. He held Professor positions in the UK, Spain, and Australia from 2006 to 2015. Since September 2015, he is Professor of Environmental and Natural Resource Economics at the Muaebak Institute of Global Warming Studies in Seoul. Prof. Seo has published three books and over 40 international journal articles on global warming. He frequently serves as a journal referee for more than 30 international journals and has been on the editorial boards of the two journals: Food Policy, Applied Economic Perspectives and Policy. He received an Outstanding Applied Economic Perspectives and Policy Article Award from the Agricultural and Applied Economics Association in Pitsburgh in June 2011.

This paper examines the rapid changes made on U.S. climate change policies and regulations under the Trump administration for the past 22 months since his inauguration in January 2017. Policy changes are made on a wide range of climate‐related programs: Paris Agreement, Green Climate Fund, Clean Power Plan, CAFÉ automobile emission standards, arctic drilling, methane rule, and farm animal emissions. This paper discusses that Trump effects will soon be observed by several empirical indicators.

AbstractAt the conclusion of the Paris conference, this paper provides a review of the history of international negotiations on global warming for the past three decades with an emphasis on details of Paris agreements. Founding documents of the Intergovernmental Panel on Climate Change (IPCC) and the United Nations Framework Convention on Climate Change (UNFCCC) are reviewed. Major outcomes as well as conflicts on the stringency of global mitigation efforts observed from the series of Conferences of the Parties (COP) since 1992 are explained: Rio Earth Summit, Kyoto Protocol, Copenhagen Accord, Cancun Agreement, Durban Platform, and Paris Agreement. The development of the financial instrument called the Green Climate Fund (GCF) and the tensions among the parties on the fund are reviewed. The paper describes the current states of the global negotiations on various fronts at the aftermath of the Paris COP. The paper concludes by putting forth future directions of the negotiations and the ideal policies that can be agreed upon at the international level, which focus on adaptation, technologies, incentives, and exchanges.

AbstractThis article develops the economics of adaptation to global warming as an optimal transition process to future climates. Three policy approaches that encompass the existing theories and policy options are initially outlined: measures based on individuals' social responsibility, government regulations, and carbon pricing. Evidence suggests that each of these options has little chance of being agreed upon and implemented at a global level. The economics of adaptation begins with climate signals which force individuals to adapt. Private adaptations are simultaneously tapped into for carbon dioxide removal and abatement. With increasingly severe damage over time, public sectors will be compelled to work in partnership with individuals and communities. Responding to amplifying climate signals, adaptation strategies evolve in such a way as to accelerate carbon dioxide reductions through low‐carbon energy sources and technological solutions. Adaptations in a centuries‐long timescale would effectively fend off dangerous global warming, but in a manner that is unbearably slow for the world's communities. The optimality of the transition process is based on micro efficiency, coordination, and the public goods nature and unique characteristics of specific adaptation strategies.