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  • Avinash Dixit
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2010 E.ON Prize

e.onis funding a prize of 5,000 euros for the most outstanding journal article in the field of energy and environment published in the e-journal.

We are proud to announce the winning contribution of the 2010 e.onPrize:

"Additive Damages, Fat-Tailed Climate Dynamics, and Uncertain Discounting"
by Martin Weitzman

Martin L. Weitzman is Professor of Economics at Harvard University. Previously he was on the faculties of MIT and Yale. He has been elected as a fellow of the Econometric Society and the American Academy of Arts and Sciences. He has published widely in many leading economic journals and written two books. Weitzman's interests in economics are broad and he has served as consultant for several well-known organizations. His current research is focused on environmental economics, including climate change, the economics of catastrophes, cost-benefit analysis, long-run discounting, green accounting, and comparison of alternative instruments for controlling pollution.

For further information please click on http://www.economics.harvard.edu/faculty/weitzman

Criteria for the prize were as follows

  • Scientific quality
  • Use of innovative approaches and methods
  • Innovative solutions to relevant environmental problems

Nominated journal articles were ranked by a jury of highly qualified researchers.

Members of the jury were:

  • Carlo Carraro, President of the University of Venice and Professor of Environmental Economics and Econometrics, University of Venice
  • Jason Shogren, Stroock Professor of Natural Resource Conservation and Management, University of Wyoming
  • Dennis Snower, President of the Kiel Institute for the World Economy
  • Cees Witthagen, Professor of Environmental Economics at the Free University, Amsterdam and Professor of Environmental Economics at Tilburg University.

Image: environnement_3 © Pugstudio - Fotolia.com

environnement_3 © Pugstudio - Fotolia.comOn November 23, 2011 the E.ON prize was awarded to Martin L. Weitzman during a well attended event at the Institute for the World Economy in Kiel. About 70 participants from universities and economy watched his video message and followed the panel discussion on "How much climate change mitigation do we need?"

Watch Martin Weitzman's message here: http://www.economics-ejournal.org/Martin_Weitzman.wmv/view

List of articles that could be nominated for the 2010 prize

2010-13
JournalPaper
Mark C. Freeman
Yes, We Should Discount the Far-Distant Future at Its Lowest Possible Rate: A Resolution of the Weitzman–Gollier Puzzle
April 22, 2010 | JEL: Q51 | 1 citations (RePEc)
2010-9
JournalPaper
Volker Beckmann, Claudio Soregaroli, and Justus Wesseler
Ex-Ante Regulation and Ex-Post Liability under Uncertainty and Irreversibility: Governing the Coexistence of GM Crops
February 25, 2010 | JEL: D81, L23, Q12, Q24, R3 | 5 citations (RePEc)
2010-2
JournalPaper
Edward B. Barbier
Global Governance: The G20 and a Global Green New Deal
January 13, 2010 | JEL: F59, H87, O13, O19, Q01 | 1 citations (RePEc)
2009-39
JournalPaper
Martin L. Weitzman
Additive Damages, Fat-Tailed Climate Dynamics, and Uncertain Discounting
October 28, 2009 | JEL: Q54 | 16 citations (RePEc)
2009-32
JournalPaper
Graciela Chichilnisky
Avoiding Extinction: Equal Treatment of the Present and the Future
July 16, 2009 | JEL: D63, D71, Q01 | 1 citations (RePEc)
2009-29
JournalPaper
Gary Clyde Hufbauer and Jisun Kim
Climate Policy Options and the World Trade Organization
June 18, 2009 | JEL: F13, F53, K33, Q54, Q58 | 2 citations (RePEc)
2009-27
JournalPaper
Tomas Kögel
On the Relation between Discounting of Climate Change and Edgeworth-Pareto Substitutability
June 12, 2009 | JEL: H43, Q51, Q54 | 2 citations (RePEc)
2009-26
JournalPaper
Håkon Sælen, Simon Dietz, Cameron Hepburn, Jennifer Helgeson, and Giles Atkinson
Siblings, Not Triplets: Social Preferences for Risk, Inequality and Time in Discounting Climate Change
June 10, 2009 | JEL: C90, D01, D63, Q51 | 6 citations (RePEc)
2009-25
JournalPaper
Christian Gollier
Should We Discount the Far-Distant Future at Its Lowest Possible Rate?
June 09, 2009 | JEL: E43, G12, Q51 | 9 citations (RePEc)
2009-24
JournalPaper
David Anthoff, Richard S. J. Tol, and Gary W. Yohe
Discounting for Climate Change
June 09, 2009 | JEL: Q54 | 6 citations (RePEc)
2009-21
JournalPaper
Mario Cogoy
A Model of Eco-Efficiency and Recycling
June 05, 2009 | JEL: D90, O30, O41, Q00 | 1 citations (RePEc)
2009-12
JournalPaper
Ralph Winkler
Now or Never: Environmental Protection under Hyperbolic Discounting
April 09, 2009 | JEL: D90, Q50, Q58 | 1 citations (RePEc)
2009-5
JournalPaper
Scott Barrett
Rethinking Global Climate Change Governance
March 03, 2009 | JEL: F18, F51, F53, Q54
2008-25
JournalPaper
Richard S. J. Tol
The Social Cost of Carbon: Trends, Outliers and Catastrophes
August 12, 2008 | JEL: Q54 | 22 citations (RePEc)