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

A. Faber, K. Frenken

Research output: Contribution to journalArticleAcademicpeer-review

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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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Environmental Policy
Economic Models
Policy Making
Economics
Innovation
Environmental economics
Evolutionary economics
Evolutionary
Environmental policy
Economic policy
Policy making

Cite this

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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.",
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Models in evolutionary economics and environmental policy : towards an evolutionary environmental economics. / Faber, A.; Frenken, K.

In: Technological Forecasting and Social Change, Vol. 76, No. 4, 2009, p. 462-470.

Research output: Contribution to journalArticleAcademicpeer-review

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AB - 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.

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