Model comparisons of the costs of reducing CO2 emissions

Article Abstract:

The production of carbon dioxide by industry must be reduced before emissions of greenhouse gases can be controlled, and estimates of the costs of various levels of control are needed. The Energy Modeling Forum's EMF 12 working group used technoeconomic models to study various levels of carbon-dioxide emissions control, including no control, a 50% reduction in emissions and stabilization to 1990 levels. Research indicates that the control of carbon-dioxide emissions may have little effect on global climate change and that market intervention is needed to control emissions.

Models, Economic aspects, Greenhouse gases, Greenhouse effect

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The effectiveness of seat-belt legislation in reducing injury rates in Texas

Article Abstract:

Seat belt regulations became effective in Texas on Sep. 1, 1985, and fines were enforced for violations on Dec. 1, 1985. US Dept. of Transportation State Traffic Accident Files data from 1982-1987 were evaluated to determine the impact of the regulations. Econometric models showed that the state reduced different driver-involved injury rates following the passage of seat belt law.

Research, Laws, regulations and rules, Texas, Automobile driving, Motor vehicle driving, Traffic regulations

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The hidden costs of control

Article Abstract:

Control and explicit incentives are evaluated for hidden costs and for their impact on motivation in an experimental principal-agent game, in which the principal implements certain measures before the agent can pick an activity. Agents saw this as a form of distrust and a constraint to their choice of activity, resulting in diminished performance.

United States, Capital funds & cash flow, Analysis, Evaluation, Valuation, Motivation (Psychology), Agency (Law), Cost (Economics), Costs (Economics), Control (Psychology)

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