Richard C. Cornes

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We demonstrate that an interregional policy scheme featuring trading of carbon dioxide emissions, redistributive resource transfers and global participation, a scheme which we call “Ideal Kyoto Protocol,” yields an efficient equilibrium allocation for a global economy. An altruistic international agency – say, the Global Environment Facility – should(More)
The theory of public goods would be greatly simplified if it were possible to determine the optimal amount of public goods independently of the distribution of private goods among individuals. Richard Musgrave (1958, 1969) has vigorously argued for treating the allocation and distribution functions of government as distinct. But as Paul Samuelson (1955,(More)
We demonstrate that an interregional policy scheme featuring trading of carbon dioxide emissions, redistributive resource transfers and global participation, a scheme which we call “Ideal Kyoto Protocol,” yields an efficient equilibrium allocation for a global economy. An altruistic international agency – say, the Global Environment Facility – should(More)
Understanding long-term persistence and variability in species populations can help to predict future survival, growth and distribution; however, sustained observations are exceedingly rare. We examine and interpret a remarkable record of the calcareous brown alga Padina pavonica (Phaeophyceae) at its northern limit on the south coast of England (50°N,(More)
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