awarded 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 Prize:
"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
On 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