Publications

Book
Climate Shock
Wagner G, Weitzman M. Climate Shock. Princeton University Press; 2015. Publisher's Version
Income, Wealth, and the Maximum Principle
Weitzman ML. Income, Wealth, and the Maximum Principle. Cambridge, MA: Harvard University Press; 2003. Publisher's Version
Weitzman ML. Nature's Numbers: Expanding the National Economic Accounts to Include the Environment. National Research Council. (Nordhaus WD, Kokkelenberg EC). Washington, D.C. The National Academies Press; 1999. Publisher's Version

Co-Author

The Share Economy
Weitzman ML. The Share Economy. Cambridge, MA: Harvard University Press; 1984 pp. 184. Publisher's Version

Translated into seven languages. Reprinted paperback by HUP in 1986.

Book Chapter
Weitzman ML. How a Minimum Carbon Price Commitment Might Help to Internalize the Global Warming Externality. In: Global Carbon Pricing The Path to Climate Cooperation. Cambridge: MIT Press ; 2017. pp. 125-148. Publisher's Version Pre-publication version
Weitzman ML. A Tight Connection Among Wealth, Income, Sustainability, and Accounting in an Ultra-Simplified Setting. In: National Wealth: What is Missing, Why it Matters. New York: Oxford University Press ; 2017. Publisher's Version Pre-publication version
Weitzman ML. The Geoengineered Planet. In: Palacios-Huerta I In 100 Years: Leading Economists Predict the Future. Cambridge, MA: MIT press ; 2013. Publisher's Version the_geoengineered_planet_chapter_10.pdf
Weitzman ML. Some Dynamic Economic Consequences of the Climate Sensitivity Inference Dilemma. In: Aronsson T, Lofgren K-G Handbook of Environmental Accounting. Edward Elgar ; 2010. pp. Chapter 8. Publisher's Version somedynamiceconomicconsequences.pdf
Weitzman ML. Some Basic Economics of Climate Change. In: Touffut J-P Changing Climate, Changing Economy. Edward Elgar ; 2009. Publisher's VersionAbstract

Climate change is characterized by deep structural uncertainty in the science coupled with an economic inability to evaluate meaningfully the welfare losses from high temperature changes. The probability of a disastrous collapse of planetary welfare
from too much CO2 is non-negligible, even if this low probability is not objectively knowable. This paper attempts to explain (in not excessively technical language) some of the most basic issues in modeling the economics of catastrophic climate change.
The paper builds to a tentative conclusion that, no matter what else is done realistically to slow CO2 buildups, economic analysis lends some support to undertaking serious research now into the prospects of "fast geoengineering preparedness" - as a state-contingent emergency option offering at least the possibility of knocking down
catastrophic temperatures rapidly.

heep_discussion_10.pdf
Weitzman ML. Trees vs. Fish, or Discrete vs. Continuous Havesting. In: Aronsson T, Axelsson R, Brännlund R The Theory and Practice of Environmental and Resource Economics, Essays in Honour of Karl-Gustaf Löfgren, New Horizons in Environmental Economics series. Cheltenham: Edward Elgar ; 2006. Publisher's Version treesvsfish.pdf
Weitzman ML. The Bose Model and National Income. In: Lahari S, Maiti P Economic Theory in a Changing World: Policymaking for Growth. Oxford: Oxford University Press ; 2005. pp. 17-26. bosemodelnationalincome.pdf
Weitzman ML. Value of Treatment Heterogeneity for Infectious Diseases. In: Laxminarayan R Battling Resistance to Antibiotics and Pesticides. Washington, D.C. Resources for the Future ; 2003. pp. Chapter 3. Publisher's Version valuetreatmentheterogeneity.pdf
Weitzman ML. Just Keep Discounting, But.. In: Portney PR, Weyant JP Discounting and Intergenerational Equity. New York: Resources for the Future ; 1999. pp. 23-30. Publisher's Version justkeepdiscounting.pdf
Weitzman ML. Diversity Functions. In: Perrings C, Holling CS, Maler K-G, Jansson B-O, Folke C Biodiversity Loss: Economic and Ecological Issues. Cambridge University Press ; 1995. pp. 21-43. Publisher's Version diversityfunctions.pdf
Weitzman ML. Incentive Effects of Profit Sharing and Employee Share Ownership: Theory and Evidence. In: Siebert H Trends in Business Organization: Do Participation and Cooperation Increase Competitiveness? Vol. Kiel Institute of World Economics. Tübingen, Germany: J.C.B. Mohr Siebeck ; 1995. pp. 51-78. Publisher's Version incentiveeffectsprofitsharing.pdf
Weitzman ML. How Not to Privatize. In: Baldassarri M, Paganetto L, Phelps ES Privatization Processes in Eastern Europe: Theoretical Foundations and Empirical Results. London: Palgrave Macmillan ; 1991. pp. 249-269. Publisher's Version
Weitzman ML, Kruse DL. Profit Sharing and Productivity. In: Blinder AS Paying for Productivity: A Look at the Evidence. Washington, D.C. Brookings Institution ; 1990. pp. 95-142. Publisher's Version profitsharingproductivity.pdf
Weitzman ML. Reflections on Macroeconomics and Share Systems. In: Hey JD, Winch D A Century of Economics : 100 Years of the Royal Economic Society and the Economic Journal. Oxford, UK, Cambridge, Mass. Basil Blackwell ; 1990. reflectionsmacroeconomicssharesystems.pdf
Weitzman ML, Huang W-C. The Promise of Profit Sharing. In: Organized Labor at the Crossroads. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research ; 1989. pp. 91-109. Publisher's Version promiseprofitsharing.pdf
Weitzman ML. Macroeconomic Aspects of Profit Sharing. In: Nalbantian HR Incentives, Cooperation, and Risk Sharing: Economic and Psychological Perspectives on Employment Contracts. Rowman and Littlefield ; 1987. macroeconomicaspectspprofit.pdf

Pages