Larry S. Karp
Department of Agricultural and Resource Economics
University of California, Berkeley
207 Giannini Hall
Berkeley, CA 94720-3310
Resources as Capital: Theory and Policy
a talk on Road to Copenhagen
Courses Taught (with information on-line)
- ARE 201, 2010
- ARE 263,
2010 Methods of Dynamic Analysis and Control
- EEP 131
Globalization and the Natural Environment, Fall 2007
- (also titled
Working Papers and recent publications
Free-traders and Environmentalists. Larry Karp, Sandeep Sacheti,
Jinhua Zhao. International
Economic Review, Vol. 42:3, August 2001, pp.617-647.
Employing Maximum Entropy. A. Golan, Larry S. Karp and J.M.
Working Paper No. 780, February 1996.
Price and Advertising Strategies. Amos Golan, Larry S. Karp and
Perloff. Working Paper No. 789, revised March 1999. Formerly entitled
"Estimating Firms' Mixed Price and Advertising Strategies: Coke and
April 1996. Journal of Economics and Business Statistics,
October 2000, pp. 398-409.
Choice of Technology: The Role of Patience. Larry Karp and In Ho Lee.
of Economic Theory, Vol. 100:1, pp. 73-92, September 2001.
synthesis of agricultural trade economics Larry Karp and Jeffrey Perloff,
Handbook of Agricultural Economics,
Elsevier, edited by B. Gardner and
G. Rausser, Vol.2, 2002.
quotas for a stock pollutant. Michael Hoel and Larry Karp.
and Energy Economics, Vol. 24, pp. 367-384, 2002.
a Stock Pollutant with Multiplicative Uncertainty. Michael Hoel and
Larry Karp, . Journal of Public Economics,
pp. 91-114, 2001. (This version corrects typos in equations 6, 8 and A2 of
the journal article.)
Source Pollution Taxes and Excessive Tax Burden. Larry Karp. Working Paper No. 835,
revised February 2004. Forthcoming,
"Labour-Management Conspiracy". Larry Karp and Thierry Paul.
Economic Journal, Vol. 110, No. 460,
pp. 113-135, January 2000.
Beliefs under Almost Common Knowledge. Larry Karp. Working
Paper No. 871, revised March 2000.
Permits for OECD Countries. Larry Karp and Xuemei Liu. Working
No. 872, revised March 1999.
Adjustment and Policy Intervention: the Importance of General
Effects Larry Karp and Thierry Paul.
Review of International Economics (2005) vol. 13 pp 330- 355.
Tradable CO2 Permits. Larry Karp and Xuemei Liu. Paper
at Conference on Agriculture and the Environment, Working Paper No.
revised January 2001. In Agricultural Globalization, Trade
and the Environment, edited by C. Moss, G. Rausser, A. Schmitz, T.
Taylor, D. Zilberman. Norwell, Massachesetts: Kluwer Academic
Chouette, on a du monde a diner! Pascal Favard and Larry
Karp. Journal of
Economic Dynamics and Control, Vol. 28, pp. 801-815, 2004.
Stock Externalities with Correlated Cost Shocks. Larry Karp
Environmental and Resource
Economics, Vol 32 pp 273-99
of Environmental Reform in Open Economies. Larry Karp, Jinhua Zhao,
and Sandeep Sacheti. Journal
of Environmental Economics and Management, Vol. 45, No. 2, pp.
246-64, March 2003.
and Its Controversies. Larry Karp and Xuemei Liu. Working
No. 903, March 2000. Forthcoming, in series
Advances in the
Economics of Environmental
Resources, edited by D. Hall and R. Howarth, Vol. 3, “The Long-Term
Economics of Climate
Change: Beyond a Doubling of Greenhouse Gas Concentrations,” JAI Press,
Taxes and Quotas
with Learning. Larry Karp and Christopher Costello.
Journal of Economic Dynamics and
Control, Vol. 28, No. 8, pp. 1661-1680 (2004).
Scalpers. Larry Karp and Jeffrey M. Perloff.
Journal of Economic
and Management Strategy Vol. 14, No. 2, pages 477-508, 2005.
strategic complementarity in a global games setting: Appendix to
"When promoters like scalpers."
Policies. Larry Karp and In Ho Lee. Journal of Economic Theory, Vol. 112, Issue 2,
pp. 353-364, October 2003.
Pollutant with Endogenous Investment and Asymmetric Information.
Larry Karp and Jiangfeng Zhang. Working Paper No. 928, revised
Under Multiple Uncertainty. Gautam Sethi, Christopher
Anthony Fisher, Michael Hanemann, and Larry Karp.
Journal of Environmental Economics and Management,
vol 50 No 2 pp 300 -
319, September 2005
Warming and Hyperbolic Discounting. Larry Karp. Journal of Public Economics,
Vol. 89, pp 261 - 282, February 2005.
with Anticipated Learning about Environmental Damages.
Appendix to paper Larry Karp and Jiangfeng
Journal of Environmental
Economics and Management, Vol. 51 No. 3 pp 259 - 280, 2006
Global Game with Strategic Substitutes and Complements. Larry Karp, In Ho
Lee, and Robin Mason. Games and Economic Behavior,
Vol. 60 pp 155 -
Indeterminacy with environmental and labor
dynamics Larry Karp and Thierry Paul,
Change and Economic Dynamics
Vol. 18, pp
100 – 119, 2007.
- Appendix to "Indeterminacy with environmental and
Dynamic Effects of Trade Liberalization and Environmental Policy
Larry Karp and Jinhua Zhao. In "Handbook of International
Economic and Legal Analysis of Laws and Institutions," edited by James
Blackwell Press, 2003.
Intersectoral migration costs and multiple
equilibria Larry Karp and Thierry Paul. November 2005.
Rights, Mobile Capital, and Comparative Advantage. Larry Karp.
of Development Economics Vol. 77. pp 367 -87, 2005.
Non-constant Discounting in
Continuous Time Larry Karp.
of Economic Theory No. 132 pp 577 - 568, 2007.
Regulatory Takings and Environmental
Regulation in NAFTA's Chapter 11 Emma Aisbett, Larry Karp, and Carol
McAusland, Working Paper, February 2006.
Multiplicity of investment equilibria
when pollution permits are not tradable Larry Karp, Working Paper, June
Numerical analysis of non-constant
discounting with an application to renewable resource management Tomoki
Fujii and Larry Karp, Working Paper June 2006
A proposal to reform the Kyoto Protocol:
Escape clauses and foresight Larry Karp and Jinhua Zhao, Working paper,
Climate policy when the distant future
matters: Catastrophic events with hyperbolic discounting Larry Karp
and Yacov Tsur, February 2007
Income distribution and the
allocation of public agricultural investment in developing countries
(Background paper prepared for World Development Report 2007) Larry Karp, May
- Managing migration from the traditional to the
modern sector in developing countries (Background paper prepared for World
Development Report 2007) Larry Karp, May 2007
Police-powers, regulatory takings and the efficient compensation of domestic
and foreign investors Emma Aisbett, Larry Karp and Carol McAusland
October 2009. Economic Record
86 pp 367 – 383, 2010.
Numerical analysis of non-constant pure
rate of time preference: a model of climate policy Tomoki Fujii and Larry
Karp, Volume 56 pp 83 - 101, Journal of Environmental Economics and
Time perspective and climate change
policy Larry Karp and Yacov Tsur,
JEEM vol 62 pp 1-14 July 2011
perspective and climate change policy, online appendix
- Correct (and misleading) arguments for
cap and trade Larry Karp, August 2012 (This draft replaces
"Correct (and misleading) arguments for using market-based pollution control
Taxes versus quantities for a
stock pollutant with endogenous abatement costs and asymmetric information
Larry Karp and Jiangfeng Zhang, January 2012
A proposal for the design of the
successor to the Kyoto Protocol Larry Karp and Jinhua Zhao January 2009,
Winner of the Harvard Project on International Climate Agreements research
International Environmental Agreements,
Emissions Trade, safety valves and escape clauses
Larry Karp and Jinhua Zhao, Revue
Economiique, Vol. 61, pp 153-182, 2010.
Suggestions for the road to Copenhagen
Larry Karp and Jinhua Zhao, June 2009
Sacrifice, discounting, and climate
policy: five questions, Larry Karp, July 2009
- The effect of learning on
membership and welfare in an International Environmental Agreement,
Larry Karp Climatic Change 110: 499- 505, 2012
Four proposals for the next climate
agreement Update vol 13 No 1 2009
- Editorial: Marktwirtschaftliche Ideen fur einen
Zürcher Zeitung November 21, 2009.
Environmental Agreements with mixed strategies and investment Fuhai
Hong and Larry Karp, Journal of Public Economics Vol 96 pp 685 - 697, 2012.
Incentives to join
international environmental agreements with permit trading and safety valves
Larry Karp, April 2010
- Compensation for indirect expropriation in
international investment agreements Emma Aisbett, Larry Karp and Carol
McAusland, Journal of Globalization and Development Vol 1 Issue 2,
Article 6, 2010
- The environment
and trade: a Review Larry Karp, Annual
Review of Resource Economics Vol 3, pp 397-417, 2011.
games and international environmental agreements: a nonparametric model
Larry Karp and Leo Simon, Forthcoming, JEEM
- The Political Economy of Environmental Policy
with Overlapping Generations Larry Karp and Armon Rezai, May, 2014,
International Economic Review, vol 55, pp 711 - 733.
- Online appendix for
"The political economy of environmental policy with overlapping generations"
Larry Karp and Armon Rezai
- The iPhone goes downstream:
Mandatory Universal Distibution Larry Karp and Jeff Perloff, B.E.
Journal of Economic Analysis and Policy vol 13 pp 595 - 626, 2013.
Industrial Policy: Trade and Theory Larry Karp and Megan Stevenson,
- Equilibrium resource management with
altruistic overlapping generations Ivar Ekeland, Larry Karp, and
Rashid Sumaila, Journal of Environmental Economics and Management, volume 70
pp 1 - 16, 2015.
- The income and production effects of
leakage August 2013 (This paper replaces the 2010 "Reflexions on
- Overlapping generations and environmental
policy: an Introduction Frontiers Econ. China (9) pp 6- 24,
- Provision of a public good with
altruistic overlapping generations and many triibes July 2013
- International environmental
agreements with endogenous or exogenous risk Hong Fuhai and Larry
Karp, Journal of the Association of Environmental and Resource Economics
vol 1 pp 365 - 394, 2014
climate policy with both strategic and non-strategic agents Larry Karp,
Sauleh Siddiqui and Jon Strand, World Bank Policy Research Paper 6679, 2013.
- Discounting Larry Karp and Christian Traeger, Enclyclopedia of Energy,
Natural Resource, and Environmental Economics, Elsevier, 2013.
- Trade and
resource sustainability with overlapping generations Larry Karp
and Armon Rezai, March, 2014
discounting Economics Letters vol 39 pp 65 - 71, 2015
- Provision of a public good with many
dynasties March 2016, Forthcoming, Economic Journal (This paper
revises "Provision of a public good with altruistic overlapping
generations and many tribes")
*The following documents can be read by