Books and Book Chapters

Forthcoming
Konisky, D. (Ed.). (Forthcoming). Pricing Pollution through Market-based Instruments . In The Handbook on U.S. Environmental Policy . Edward Elgar Publishing. Full Text
2015
Aldy, J. E., & Pizer, W. A. (2015). Comparing Countries’ Climate Mitigation Efforts in a Post-Kyoto World. In I. Parry, A. Morris, & R. W. III (Ed.), Carbon Taxes and Fiscal Reform: Key Issues Facing U.S. Policy Makers . Routledge.
2014
Aldy, J. E., & Pizer, W. A. (2014). The Employment and Competitiveness Impacts of Power-Sector Regulations. In C. Coglianese, A. M. Finkel, & C. Carrigan (Ed.), Does Regulation Kill Jobs? (pp. 70-88) . University of Pennsylvania Press. Full Text.pdf
Aldy, J. E., & Viscusi, W. K. (2014). Environmental Risk and Uncertainty. In M. J. Machina & W. K. Viscusi (Ed.), Handbook of the Economics of Risk and Uncertainty (Vol. 1) . Elsevier. Full TextAbstract

Environmental risks may comprise the most important policy-related application of the economics of risk and uncertainty. Many biases in risk assessment and regulation, such as the conservatism bias in risk assessment and the stringent regulation of synthetic chemicals, reflect a form of ambiguity aversion. Nevertheless, there is evidence that people can learn from warnings and risk information, such as Toxics Release Inventory data, consistent with Bayesian models. The fundamental uncertainties with respect to environmental risks are coupled with irreversibilities, making sequential decisions and adaptive behavior desirable. Uncertainties over the benefits and costs of mitigating environmental risks pose challenges for any regulator, but insights drawn from the instrument choice literature can inform the design and implementation of welfare-maximizing environmental pollution control policies. The problem of mitigating climate change risks motivates a series of illustrations of how uncertainty affects policy.

Aldy, J. E. (2014). Foreword. In T. Cherry, J. Hovi, & D. McEvoy (Ed.), Toward a New Climate Agreement: Conflict, Resolution, and Governance . Routledge.
2013
Aldy, J. E. (2013). Designing a Bretton Woods Institution to Address Climate Change. In R. Fouquet (Ed.), Handbook of Energy and Climate Change (pp. 352-373) . Edward Elgar. Full Text.pdf
Aldy, J. E., & Stavins, R. N. (2013). Designing the Post-Kyoto Climate Regime. In J. Stiglitz & M. Kaldor (Ed.), The Quest for Security: Protection without Protectionism and the Challenge of Global Governance . Columbia University Press.
Aldy, J. E., & Patashnik, J. (2013). Eliminating Fossil Fuel Subsidies. In M. Greenstone, M. Harris, K. Li, & A. Looney (Ed.), 15 Ways to Rethink the Federal Budget (pp. 31-35) . The Hamilton Project, Brookings Institution. Full Text.pdf
2010
Aldy, J. E., & Stavins, R. N. (2010). Introduction. In J. E. Aldy & R. N. Stavins (Ed.), Post-Kyoto International Climate Policy: Implementing Architectures for Agreement (pp. 1-28) . Cambridge University Press.
Aldy, J. E., & Stavins, R. N. (2010). Lessons for the International Policy Community. In J. E. Aldy & R. N. Stavins (Ed.), Post-Kyoto International Climate Policy: Implementing Architectures for Agreement (pp. 899-929) . Cambridge University Press.
2009
Aldy, J. E. (2009). Comment on Jeffrey A. Frankel’s "Addressing the Leakage/Competitiveness Issue in Climate Change Policy Proposals." In L. Brainard & I. Sorkin (Ed.), Climate Change, Trade and Competitiveness: Is a Collision Inevitable? (pp. 83-88) . Brookings Institution.
Aldy, J. E., & Stavins, R. N. (2009). Introduction and Overview. In J. E. Aldy & R. N. Stavins (Ed.), Post-Kyoto International Climate Policy: Summary for Policymakers (pp. 1-25) . Cambridge University Press.
Aldy, J. E., & Stavins, R. N. (2009). Lessons for the International Policy Community. In J. E. Aldy & R. N. Stavins (Ed.), Post-Kyoto International Climate Policy: Summary for Policymakers (pp. 27-55) . Cambridge University Press.
Aldy, J. E., & Stavins, R. N. (2009). Towards a Post-Kyoto International Climate Policy Regime. In J. Delgado & S. Gardner (Ed.), Beyond Copenhagen: A Climate Policymaker’s Handbook (pp. 53-59) . Bruegel Books.
2007
Aldy, J. E., & Stavins, R. N. (2007). Architectures for an International Global Climate Change Agreement: Lessons for the Policy Community. In J. E. Aldy & R. N. Stavins (Ed.), Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World (pp. 350-367) . Cambridge University Press.
Aldy, J. E. (2007). Assessing the Costs of Regulatory Proposals for Reducing U.S. Greenhouse Gas Emissions. In R. J. Kopp & W. A. Pizer (Ed.), Assessing U.S. Climate Policy Options (pp. 53-68) . Resources For The Future.
Aldy, J. E., Morgenstern, R., Herrnstadt, E. M., Ho, M., & Pizer, W. A. (2007). Competitiveness Impacts of Carbon Dioxide Pricing Policies on Manufacturing. In R. J. Kopp & W. A. Pizer (Ed.), Assessing U.S. Climate Policy Options (pp. 95-105) . Resources For The Future.
Aldy, J. E., & Stavins, R. N. (2007). Introduction: International Policy Architecture for Global Climate Change. In J. E. Aldy & R. N. Stavins (Ed.), Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World (pp. 1-27) . Cambridge University Press.
2004
Aldy, J. E. (2004). Saving the Planet Cost-Effectively: The Role of Economic Analysis in Climate Change Mitigation Policy. In R. Lutter & J. F. Shogren (Ed.), Painting the White House Green: Rationalizing Environmental Policy Inside the Executive Office of the President (pp. 89-118) . Resources For The Future.
2003
Aldy, J. E., Baron, R., & Tubiana, L. (2003). Addressing Cost: The Political Economy of Climate Change. In Beyond Kyoto: Advancing the International Effort Against Climate Change (pp. 85-110) . Pew Center on Global Climate Change. Full Text.pdf

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