Models in evolutionary economics and environmental policy : towards an evolutionary environmental economics

A. Faber, K. Frenken

Research output: Contribution to journalArticleAcademicpeer-review

86 Citations (Scopus)
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Abstract

In this paper we review evolutionary economic modelling in relation to environmental policy. We 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.
Original languageEnglish
Pages (from-to)462-470
Number of pages8
JournalTechnological Forecasting and Social Change
Volume76
Issue number4
DOIs
Publication statusPublished - 2009

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