Land transportation for passengers and merchandises is one of the major sources of CO2 emissions worldwide and urban toxic particles (NOx, fine particles…). Emissions are barely declining in OCDE countries and bound to grow in emerging countries due to the increase in standards of living and urbanization. This situation creates an important challenge for the mitigation of climate change: new technologies have been launched, a set of complementary policies has been designed both national and local, and consuming habits are changing.
Organizing Committee: Dominique Bureau, Anna Creti, Carolyn Fischer, Guy Meunier, Juan Pablo Montero, Thomas Sterner.
Coordinator: Jean-Pierre Ponssard
-Timing : November 9-10 2017
-Location: Ecole Normale Supérieure, 45 rue d’Ulm, Paris 5, France
– Free attendance but compulsory registration click here >>>
Acknowledgements: This third workshop is sponsored by the Chair Energy and Prosperity: Financing and Evaluation of the Energy Transition hosted by the Risk Foundation (Ademe, Air Liquide, Agence Française du Développement, Caisse des Dépôts, Mirova, Schneider Electric, SNCF with scientific affiliation to Ecole Polytechnique, Ecole Normale Supérieure and Ecole Nationale des Statistiques et de l’Administration Economique) and The EDF-Ecole Polytechnique chair for Sustainable Development. Partial support is also acknowledged from ANR/Investissements d’avenir and the Momentom project.
Under non-exponential discounting, we develop a dynamic theory for stopping problems in continuous time. Our framework covers discount functions that induce decreasing impatience. Due to the inherent time inconsistency, we look for equilibrium stopping policies, formulated as fixed points of an operator. Under appropriate conditions, fixed-point iterations converge to equilibrium stopping policies.
No Upcoming Events found!