The Economics of Globally Shared and Public Goods

The Economics of Globally Shared and Public Goods

Author: S. Niggol Seo

Publisher: Academic Press

Published: 2020-07-02

Total Pages: 336

ISBN-13: 0128198761

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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


Book Synopsis The Economics of Globally Shared and Public Goods by : S. Niggol Seo

Download or read book The Economics of Globally Shared and Public Goods written by S. Niggol Seo and published by Academic Press. This book was released on 2020-07-02 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

The Behavioral Economics of Climate Change

The Behavioral Economics of Climate Change

Author: S. Niggol Seo

Publisher: Academic Press

Published: 2017-09-21

Total Pages: 280

ISBN-13: 012811875X

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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. Unravels individual behaviors and national policies about global warming by evaluating their evolving motives and incentives Provides an economic analysis of the ways individuals makes decisions when faced with climate change Details a full range of alternative economic and policy responses, placing them in an integrated conceptual and policy framework


Book Synopsis The Behavioral Economics of Climate Change by : S. Niggol Seo

Download or read book The Behavioral Economics of Climate Change written by S. Niggol Seo and published by Academic Press. This book was released on 2017-09-21 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Unravels individual behaviors and national policies about global warming by evaluating their evolving motives and incentives Provides an economic analysis of the ways individuals makes decisions when faced with climate change Details a full range of alternative economic and policy responses, placing them in an integrated conceptual and policy framework

Providing Global Public Goods

Providing Global Public Goods

Author: Inge Kaul

Publisher: Oxford University Press

Published: 2003-01-16

Total Pages: 674

ISBN-13: 9780198035770

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Elaborating on the concepts first introduced in Global Public Goods, this book addresses the long overdue issue of how to adjust the concept of public goods to today's economic and political realities. The production of global public goods requires the orchestration of initiatives by a large number of diverse actors across different levels and sectors. It may require the collaboration of governments, business and civil society, and in most cases it almost certainly calls for an effective linkage of the local, national, regional, and global levels. In light of today's new realities, this book examines a series of managerial and political challenges that pertain to the design and implementation of production strategies and the monitoring and evaluation of global public goods provision.As participatory decision-making enhances the political support for - and thus the effectiveness of - certain policy decisions, this volume offers suggestions on a number of pragmatic policy reforms for bringing the global public more into public policy making on global issues. Nine case studies examine the importance of the global public good concept from the viewpoint of developing countries, exploring how and where the concerns of the poor and the rich overlap.Providing Global Public Goods offers important and timely suggestions on how to move in a more feasible and systematic way towards a fairer process of globalization that works in the interests of all.


Book Synopsis Providing Global Public Goods by : Inge Kaul

Download or read book Providing Global Public Goods written by Inge Kaul and published by Oxford University Press. This book was released on 2003-01-16 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Elaborating on the concepts first introduced in Global Public Goods, this book addresses the long overdue issue of how to adjust the concept of public goods to today's economic and political realities. The production of global public goods requires the orchestration of initiatives by a large number of diverse actors across different levels and sectors. It may require the collaboration of governments, business and civil society, and in most cases it almost certainly calls for an effective linkage of the local, national, regional, and global levels. In light of today's new realities, this book examines a series of managerial and political challenges that pertain to the design and implementation of production strategies and the monitoring and evaluation of global public goods provision.As participatory decision-making enhances the political support for - and thus the effectiveness of - certain policy decisions, this volume offers suggestions on a number of pragmatic policy reforms for bringing the global public more into public policy making on global issues. Nine case studies examine the importance of the global public good concept from the viewpoint of developing countries, exploring how and where the concerns of the poor and the rich overlap.Providing Global Public Goods offers important and timely suggestions on how to move in a more feasible and systematic way towards a fairer process of globalization that works in the interests of all.

Why Cooperate?

Why Cooperate?

Author: Scott Barrett

Publisher: OUP Oxford

Published: 2010-09-16

Total Pages: 280

ISBN-13: 0191615005

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Climate change, nuclear proliferation, and the threat of a global pandemic have the potential to impact each of our lives. Preventing these threats poses a serious global challenge, but ignoring them could have disastrous consequences. How do we engineer institutions to change incentives so that these global public goods are provided? Scott Barrett provides a thought provoking and accessible introduction to the issues surrounding the provision of global public goods. Using a variety of examples to illustrate past successes and failures, he shows how international cooperation, institutional design, and the clever use of incentives can work together to ensure the effective delivery of global public goods.


Book Synopsis Why Cooperate? by : Scott Barrett

Download or read book Why Cooperate? written by Scott Barrett and published by OUP Oxford. This book was released on 2010-09-16 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change, nuclear proliferation, and the threat of a global pandemic have the potential to impact each of our lives. Preventing these threats poses a serious global challenge, but ignoring them could have disastrous consequences. How do we engineer institutions to change incentives so that these global public goods are provided? Scott Barrett provides a thought provoking and accessible introduction to the issues surrounding the provision of global public goods. Using a variety of examples to illustrate past successes and failures, he shows how international cooperation, institutional design, and the clever use of incentives can work together to ensure the effective delivery of global public goods.

Reflexive Governance for Global Public Goods

Reflexive Governance for Global Public Goods

Author: Eric Brousseau

Publisher: MIT Press

Published: 2012-04-06

Total Pages: 383

ISBN-13: 0262300427

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Governance challenges and solutions for the provision of global public goods in such areas as the environment, food security, and development. Global public goods (GPGs)—the economic term for a broad range of goods and services that benefit everyone, including stable climate, public health, and economic security—pose notable governance challenges. At the national level, public goods are often provided by government, but at the global level there is no established state-like entity to take charge of their provision. The complex nature of many GPGs poses additional problems of coordination, knowledge generation and the formation of citizen preferences. This book considers traditional public economy theory of public goods provision as oversimplified, because it is state centered and fiscally focused. It develops a multidisciplinary look at the challenges of understanding and designing appropriate governance regimes for different types of goods in such areas as the environment, food security, and development assistance. The chapter authors, all leading scholars in the field, explore the misalignment between existing GPG policies and actors' incentives and understandings. They analyze the complex impact of incentives, the involvement of stakeholders in collective decision making, and the specific coordination needed for the generation of knowledge. The book shows that governance of GPGs must be democratic, reflexive—emphasizing collective learning processes—and knowledge based in order to be effective.


Book Synopsis Reflexive Governance for Global Public Goods by : Eric Brousseau

Download or read book Reflexive Governance for Global Public Goods written by Eric Brousseau and published by MIT Press. This book was released on 2012-04-06 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governance challenges and solutions for the provision of global public goods in such areas as the environment, food security, and development. Global public goods (GPGs)—the economic term for a broad range of goods and services that benefit everyone, including stable climate, public health, and economic security—pose notable governance challenges. At the national level, public goods are often provided by government, but at the global level there is no established state-like entity to take charge of their provision. The complex nature of many GPGs poses additional problems of coordination, knowledge generation and the formation of citizen preferences. This book considers traditional public economy theory of public goods provision as oversimplified, because it is state centered and fiscally focused. It develops a multidisciplinary look at the challenges of understanding and designing appropriate governance regimes for different types of goods in such areas as the environment, food security, and development assistance. The chapter authors, all leading scholars in the field, explore the misalignment between existing GPG policies and actors' incentives and understandings. They analyze the complex impact of incentives, the involvement of stakeholders in collective decision making, and the specific coordination needed for the generation of knowledge. The book shows that governance of GPGs must be democratic, reflexive—emphasizing collective learning processes—and knowledge based in order to be effective.

The Economics of Pandemics

The Economics of Pandemics

Author: S. Niggol Seo

Publisher: Palgrave Macmillan

Published: 2023-02-27

Total Pages: 0

ISBN-13: 9783030910235

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This book offers a lively account of the humanitarian, economic, societal, and planetwide impacts of the pandemics, the COVID-19 pandemic included, which are traced back to as early as the 14th century plague pandemic. Placing the pandemics along with other globally shared resources, such as global warming, AI singularity, and high-risk physics experiments, each of the nine chapters of the book discusses the global health crises from a variety of unique standpoints, including infectious diseases, economics, governance, and public health. Based on the historical records of past pandemics and the rich data from the COVID-19 pandemic, a conceptual framework is presented for the economics of pandemics as a globally shared experience. This book aims to critically examine salient features in the global responses to the COVID-19 pandemic, including global governance, lockdowns, radical movements, and mRNA vaccines. The book will be a valuable resource to students, researchers, and policymakers who are working in the fields of environmental economics, global-scale public goods, and health economics.


Book Synopsis The Economics of Pandemics by : S. Niggol Seo

Download or read book The Economics of Pandemics written by S. Niggol Seo and published by Palgrave Macmillan. This book was released on 2023-02-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a lively account of the humanitarian, economic, societal, and planetwide impacts of the pandemics, the COVID-19 pandemic included, which are traced back to as early as the 14th century plague pandemic. Placing the pandemics along with other globally shared resources, such as global warming, AI singularity, and high-risk physics experiments, each of the nine chapters of the book discusses the global health crises from a variety of unique standpoints, including infectious diseases, economics, governance, and public health. Based on the historical records of past pandemics and the rich data from the COVID-19 pandemic, a conceptual framework is presented for the economics of pandemics as a globally shared experience. This book aims to critically examine salient features in the global responses to the COVID-19 pandemic, including global governance, lockdowns, radical movements, and mRNA vaccines. The book will be a valuable resource to students, researchers, and policymakers who are working in the fields of environmental economics, global-scale public goods, and health economics.

Public Goods, Sustainable Development and the Contribution of Business

Public Goods, Sustainable Development and the Contribution of Business

Author: Roland Bardy

Publisher: Cambridge Scholars Publishing

Published: 2021-02-18

Total Pages: 332

ISBN-13: 1527566250

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This book provides an expansive review of the public goods theme and highlights the inherent linkage between sustainable development and corporate responsibility for improving the current and future welfare of communities both at home and abroad. The main proposition here is that sustainable development is focused on preserving and maintaining public goods. Consequently, whoever uses public goods is liable for their preservation, their maintenance, and, where they are underdeveloped, for their expansion. Successful delivery, both now and in the future, depends on a positive relationship of the public sector with the private sector. This book will serve to stimulate discussions of scholars and policy makers in the field of sustainable development with business leaders, and will close the gap between the public and the private sectors by building a common understanding and common methodologies for implementing and measuring sustainable development in the macro- and the micro-spheres.


Book Synopsis Public Goods, Sustainable Development and the Contribution of Business by : Roland Bardy

Download or read book Public Goods, Sustainable Development and the Contribution of Business written by Roland Bardy and published by Cambridge Scholars Publishing. This book was released on 2021-02-18 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an expansive review of the public goods theme and highlights the inherent linkage between sustainable development and corporate responsibility for improving the current and future welfare of communities both at home and abroad. The main proposition here is that sustainable development is focused on preserving and maintaining public goods. Consequently, whoever uses public goods is liable for their preservation, their maintenance, and, where they are underdeveloped, for their expansion. Successful delivery, both now and in the future, depends on a positive relationship of the public sector with the private sector. This book will serve to stimulate discussions of scholars and policy makers in the field of sustainable development with business leaders, and will close the gap between the public and the private sectors by building a common understanding and common methodologies for implementing and measuring sustainable development in the macro- and the micro-spheres.

Public Goods and the Fourth Industrial Revolution

Public Goods and the Fourth Industrial Revolution

Author: Maria Płonka

Publisher: Taylor & Francis

Published: 2022-06-14

Total Pages: 273

ISBN-13: 1000625370

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The fourth industrial revolution, characterized by digitization, artificial intelligence and augmented reality, and megatrends such as globalization, urbanization, demographic changes, and the knowledge-based economy, will trigger a series of profound technological, economic, social and environmental changes that will permanently and irreversibly change the role of the state in meeting social needs. Industry 4.0 will also change the type, nature, and scope of public goods and how they are produced, financed, delivered, and consumed. This book redefines the current paradigm of public goods. It proposes a model of production and distribution of public goods that acknowledges the participation of entities from the public, private, and nonprofit sectors. The authors argue that these entities would participate in the production, financing, distribution, and consumption of such goods. From a theoretical point of view, such an inclusive approach involving the expansion of the classical state – market dichotomy with new entities, including citizens themselves, leads to a new conceptualization and approach towards public goods. The model assumes shared responsibility, subsidiarity, and paternalistic libertarianism, and it allows the state to create new entities of an educational or fiscal nature, while remaining the regulator of public services and distribution. Additionally, the book analyzes changes regarding the perception of public goods, in the era of the fourth industrial revolution, across selected sectors such as healthcare and pension systems, education, local public goods, and public utility services. The book is primarily addressed to researchers, scholars, and students across social and technical sciences, and it will also be a useful guide for central and local administration bodies responsible for public policy. Chapters 4, 5 and 6 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.


Book Synopsis Public Goods and the Fourth Industrial Revolution by : Maria Płonka

Download or read book Public Goods and the Fourth Industrial Revolution written by Maria Płonka and published by Taylor & Francis. This book was released on 2022-06-14 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fourth industrial revolution, characterized by digitization, artificial intelligence and augmented reality, and megatrends such as globalization, urbanization, demographic changes, and the knowledge-based economy, will trigger a series of profound technological, economic, social and environmental changes that will permanently and irreversibly change the role of the state in meeting social needs. Industry 4.0 will also change the type, nature, and scope of public goods and how they are produced, financed, delivered, and consumed. This book redefines the current paradigm of public goods. It proposes a model of production and distribution of public goods that acknowledges the participation of entities from the public, private, and nonprofit sectors. The authors argue that these entities would participate in the production, financing, distribution, and consumption of such goods. From a theoretical point of view, such an inclusive approach involving the expansion of the classical state – market dichotomy with new entities, including citizens themselves, leads to a new conceptualization and approach towards public goods. The model assumes shared responsibility, subsidiarity, and paternalistic libertarianism, and it allows the state to create new entities of an educational or fiscal nature, while remaining the regulator of public services and distribution. Additionally, the book analyzes changes regarding the perception of public goods, in the era of the fourth industrial revolution, across selected sectors such as healthcare and pension systems, education, local public goods, and public utility services. The book is primarily addressed to researchers, scholars, and students across social and technical sciences, and it will also be a useful guide for central and local administration bodies responsible for public policy. Chapters 4, 5 and 6 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

The Economics of Pandemics

The Economics of Pandemics

Author: S. Niggol Seo

Publisher: Springer Nature

Published: 2022-02-12

Total Pages: 325

ISBN-13: 3030910210

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This book offers a lively account of the humanitarian, economic, societal, and planetwide impacts of the pandemics, the COVID-19 pandemic included, which are traced back to as early as the 14th century plague pandemic. Placing the pandemics along with other globally shared resources, such as global warming, AI singularity, and high-risk physics experiments, each of the nine chapters of the book discusses the global health crises from a variety of unique standpoints, including infectious diseases, economics, governance, and public health. Based on the historical records of past pandemics and the rich data from the COVID-19 pandemic, a conceptual framework is presented for the economics of pandemics as a globally shared experience. This book aims to critically examine salient features in the global responses to the COVID-19 pandemic, including global governance, lockdowns, radical movements, and mRNA vaccines. The book will be a valuable resource to students, researchers, and policymakers who are working in the fields of environmental economics, global-scale public goods, and health economics.


Book Synopsis The Economics of Pandemics by : S. Niggol Seo

Download or read book The Economics of Pandemics written by S. Niggol Seo and published by Springer Nature. This book was released on 2022-02-12 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a lively account of the humanitarian, economic, societal, and planetwide impacts of the pandemics, the COVID-19 pandemic included, which are traced back to as early as the 14th century plague pandemic. Placing the pandemics along with other globally shared resources, such as global warming, AI singularity, and high-risk physics experiments, each of the nine chapters of the book discusses the global health crises from a variety of unique standpoints, including infectious diseases, economics, governance, and public health. Based on the historical records of past pandemics and the rich data from the COVID-19 pandemic, a conceptual framework is presented for the economics of pandemics as a globally shared experience. This book aims to critically examine salient features in the global responses to the COVID-19 pandemic, including global governance, lockdowns, radical movements, and mRNA vaccines. The book will be a valuable resource to students, researchers, and policymakers who are working in the fields of environmental economics, global-scale public goods, and health economics.

International Public Goods

International Public Goods

Author: Marco A. Ferroni

Publisher: World Bank Publications

Published: 2002-01-01

Total Pages: 212

ISBN-13: 9780821351109

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Increasingly, the consequences of globalization call for the involvement not only of national governments but of the international development community as a whole. Such involvement needs to occur within a comprehensive framework that encompasses stakeholders from government, non-governmental organizations, and businesses acting together in partnership. This requires the leveraging of general aid and country-focused development resources along with encouraging private financing participation. 'International Public Goods' explains different ways that this type of framework might be structured and focuses on different financing strategies that can be developed. It acknowledges the value of country specific efforts while recommending a multi-national approach to addressing problems resulting from globalization. This book evaluates the concepts fundamental to the term ?public goods? and details alternative governance structures including the role of incentives.


Book Synopsis International Public Goods by : Marco A. Ferroni

Download or read book International Public Goods written by Marco A. Ferroni and published by World Bank Publications. This book was released on 2002-01-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasingly, the consequences of globalization call for the involvement not only of national governments but of the international development community as a whole. Such involvement needs to occur within a comprehensive framework that encompasses stakeholders from government, non-governmental organizations, and businesses acting together in partnership. This requires the leveraging of general aid and country-focused development resources along with encouraging private financing participation. 'International Public Goods' explains different ways that this type of framework might be structured and focuses on different financing strategies that can be developed. It acknowledges the value of country specific efforts while recommending a multi-national approach to addressing problems resulting from globalization. This book evaluates the concepts fundamental to the term ?public goods? and details alternative governance structures including the role of incentives.