Firm reaction to CO$_2$ abatement policies
How do we expect firms to react when faced with an increased cost of polluting? This post reflects on a recent Pluto.jl notebook I wrote, looking at how we can solve for a firm’s optimal CO2 abatement choices in light of different government policies.
The post is inspired by a long-lasting interest in understanding how to solve optimisation problems in economics programmatically. The question was then applied to a topic which I find interesting, namely, how environmental policy can affect firm choices.
The post is inspired by a long-lasting interest in understanding how to solve optimisation problems in economics programmatically. The question was then applied to a topic which I find interesting, namely, how environmental policy can affect firm choices.
The True Cost of Cruising
The true cost of providing free parking is a lot higher than what most people may expect. This post discussed the implications of free parking using a simulation approach based on the 2006 paper by Donald Shoup, Cruising for parking.
