Robert N. Stavins' Economic Models

Robert N. Stavins' economic models analyze how markets can be used to address environmental issues, like reducing pollution. He emphasizes the importance of designing market-based policies, such as cap-and-trade systems or carbon taxes, which create financial incentives for companies to cut emissions. His models explore how these tools can efficiently allocate resources, minimize costs, and promote innovation while achieving environmental goals. They also consider factors like political feasibility and economic impacts, helping policymakers develop effective strategies that balance environmental protection with economic growth.