Public Economics for the Global Commons
This cross-cutting task force employs the tools of public economics to identify government policies which provide efficient and fair access to the global commons while being practically feasible.
One major focus of the group is dynamic modeling to analyze the intergenerational distribution effects of managing the global commons and to discuss policies to redistribute the gains and losses. A second focus is on economic rents which arise due to the scarcity of the global commons. Their collection by the government (through taxes in particular) could improve both efficiency and fairness of managing the commons. A third focus is on the interaction effects of commons-related taxation with the revenue (tax system) and spending (infrastructure) of the government.
These questions are largely studied in analytical models which enhance qualitative understanding. Additionally, numerical models are used to gain quantitative insights.
Dr. Linus Mattauch