Larry S. Karp

University of California, Berkeley

Professor

Dept. of Agriculture & Resource Economics

313 Giannini Hall

Berkeley, CA 94720

United States

  • University of California, Berkeley

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    • Fax: 510-643-8911
SCHOLARLY PAPERS

48

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138

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70

Scholarly Papers (48)

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1.

Estimating Coke and Pepsi's Price and Advertising Strategies

UC Berkeley Competition Policy Center Working Paper No. CPC99-04
Number of pages: 53 Posted: 28 Feb 2004
Amos Golan, Larry S. Karp and Jeffrey M. Perloff
American University - Department of Economics, University of California, Berkeley and University of California, Berkeley - Department of Agricultural & Resource Economics
Downloads 1,040 (30,418)
Citation 1

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strategies, noncooperative games, oligopoly, generalized maximum

2.

The Clean Development Mechanism and its Controversies

Univ. of California, Berkeley Working Paper No. 903
Number of pages: 26 Posted: 06 Jun 2000
Larry S. Karp and Xuemei Liu
University of California, Berkeley and University of California, Berkeley
Downloads 365 (115,528)
Citation 1

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3.

Green Industrial Policy: Trade and Theory

World Bank Policy Research Working Paper No. 6238
Number of pages: 33 Posted: 20 Apr 2016
Larry S. Karp and Megan T. Stevenson
University of California, Berkeley and University of Virginia School of Law
Downloads 267 (160,529)

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Climate Change Economics, Environmental Economics & Policies, Climate Change Mitigation and Green House Gases, Energy Production and Transportation, Economic Theory & Research

4.

Taxes Versus Quantities Reassessed

CESifo Working Paper No. 7331
Number of pages: 62 Posted: 21 Feb 2019
Larry S. Karp and Christian P. Traeger
University of California, Berkeley and University of Oslo - Department of Economics
Downloads 266 (161,134)
Citation 3

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policy instruments, pollution, climate change, taxes, quantities, regulation, uncertainty, cap and trade, technology

5.

Taxes Versus Quotas for a Stock Pollutant

Fondazione Eni Enrico Mattei Working Paper No. 29.98
Number of pages: 26 Posted: 21 Sep 1998
Michael Hoel and Larry S. Karp
University of Oslo and University of California, Berkeley
Downloads 233 (183,278)
Citation 38

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6.

Regulatory Takings and Environmental Regulation in Nafta's Chapter 11

Number of pages: 34 Posted: 03 Mar 2006
Emma Aisbett, Larry S. Karp and Carol McAusland
ANU - School of Regulation and Global Governance, University of California, Berkeley and University of British Columbia (UBC)
Downloads 232 (184,054)

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foreign direct investment, regulatory takings, expropriation, NAFTA, National Treatment, environment

7.

Valuing Tradable Co2 Permits for OECD Countries

Number of pages: 30 Posted: 16 Jan 2000
Larry S. Karp and Xuemei Liu
University of California, Berkeley and University of California, Berkeley
Downloads 201 (210,551)
Citation 2

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8.

Bayesian Learning and Regulation of Greenhouse Gas Emissions

UC Berkeley Agricultural & Resource Econ. Working Paper No. 926
Number of pages: 40 Posted: 20 Aug 2001
Larry S. Karp and Jiangfeng Zhang
University of California, Berkeley and University of California, Berkeley
Downloads 173 (239,901)
Citation 1

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climate change, uncertainty, bayesian learning, asymmetric information, choice of instruments, dynamic optimization

9.

Why Promoters Like Scalpers

Number of pages: 33 Posted: 06 Feb 2001
Larry S. Karp and Jeffrey M. Perloff
University of California, Berkeley and University of California, Berkeley - Department of Agricultural & Resource Economics
Downloads 163 (252,207)
Citation 3

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price discrimination, scalpers, coordination game, common knowledge

10.

Controlling a Stock Pollutant with Endogenous Investment and Asymmetric Information

Number of pages: 46 Posted: 20 Oct 2001
Larry S. Karp and Jiangfeng Zhang
University of California, Berkeley and University of California, Berkeley
Downloads 145 (277,421)
Citation 7

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Pollution control, investment, uncertainty, rational expectations, choice of instruments

11.

Common Ground between Free-Traders and Environmentalists

Downloads 138 (288,321)

Common Ground between Free-Traders and Environmentalists

Number of pages: 48 Posted: 23 Mar 2000
Larry S. Karp, Sandeep Sacheti and Jinhua Zhao
University of California, Berkeley, University of California, Berkeley and Dyson School of Applied Economics and Management
Downloads 138 (289,412)
Citation 5

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Common Ground between Free-Traders and Environmentalists

Posted: 23 Mar 2000
Larry S. Karp, Sandeep Sacheti and Jinhua Zhao
University of California, Berkeley, University of California, Berkeley and Dyson School of Applied Economics and Management

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12.

Environmental Indices for the Chinese Grain Sector

Number of pages: 35 Posted: 12 Dec 2001
Larry S. Karp and Ming Chen
University of California, Berkeley and University of California, Berkeley - The Richard & Rhoda Goldman School of Public Policy
Downloads 125 (310,686)

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Chinese agriculture, dynamic production, environmental indices, sustainability, Kalman filter

13.

Global Warming and Hyperbolic Discounting

Number of pages: 29 Posted: 04 Jun 2003
Larry S. Karp
University of California, Berkeley
Downloads 123 (314,437)
Citation 20

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Stock pollutant, hyperbolic discounting, global warming, time consistency

14.

Fundamentals Versus Beliefs Under Almost Common Knowledge

Number of pages: 31 Posted: 14 Nov 2000
Larry S. Karp
University of California, Berkeley
Downloads 120 (320,026)
Citation 5

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Equilibrium selection, history versus expectations, economic growth, common knowledge, almost common knowledge, non-convex technology

15.

Sacrifice, Discounting and Climate Policy: Five Questions

CESifo Working Paper Series No. 2761
Number of pages: 38 Posted: 24 Aug 2009
Larry S. Karp
University of California, Berkeley
Downloads 118 (323,807)

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climate change, discounting, intergenerational conflict, catastrophic risk, hyperbolic discounting

16.

Global Game with Strategic Substitutes and Complements

U of California at Berkeley, Agricultural and Resource Economics Working Paper No. 940
Number of pages: 22 Posted: 04 Mar 2003
Larry S. Karp, In Ho Lee and Robin A. Mason
University of California, Berkeley, University of Southampton - Division of Economics and University of Southampton - Division of Economics
Downloads 118 (323,807)
Citation 4

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global games, congestion, coordination problem

17.

The Long-Run Effects of Environmental Reform in Open Economies

Number of pages: 38 Posted: 25 Apr 2000
Larry S. Karp, Jinhua Zhao and Sandeep Sacheti
University of California, Berkeley, Dyson School of Applied Economics and Management and University of California, Berkeley
Downloads 116 (327,706)

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International Trade and the Environment; Environmental Policy Reform; International Harmonization of Environmental Policies; Environmental Dynamics and Trade

18.

Climate Policy when the Distant Future Matters: Catastrophic Events with Hyperbolic Discounting

Number of pages: 44 Posted: 05 Feb 2007
Larry S. Karp and Yacov Tsur
University of California, Berkeley and Hebrew University of Jerusalem
Downloads 113 (333,768)
Citation 23

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abrupt climate change, event uncertainty, catastrophic risk, hyperbolic discounting, Markov Perfect Equilibria

19.

Taxes and Quotas for a Stock Pollutant with Multiplicative Uncertainty

Fondazione Eni Enrico Mattei Working Paper No. 15.99
Number of pages: 20 Posted: 07 Apr 1999
Michael Hoel and Larry S. Karp
University of Oslo and University of California, Berkeley
Downloads 106 (348,750)
Citation 23

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20.

Provision of a Public Good with Altruistic Overlapping Generations and Many Tribes

Downloads 99 (364,767)
Citation 4

Provision of a Public Good with Altruistic Overlapping Generations and Many Tribes

Number of pages: 65 Posted: 25 Jul 2013
Larry S. Karp
University of California, Berkeley
Downloads 53 (519,945)

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overlapping generations, altruism, time consistency, Markov Perfection, differential games, climate policy

Provision of a Public Good with Altruistic Overlapping Generations and Many Tribes

CESifo Working Paper Series No. 3895
Number of pages: 57 Posted: 29 Aug 2012
Larry S. Karp
University of California, Berkeley
Downloads 46 (553,074)
Citation 2

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overlapping generations, altruism, time consistency, Markov Perfection, differential games, climate policy

21.

Dynamics and Limited Cooperation in International Environmental Agreements

Fondazione Eni Enrico Mattei Working Paper No. 4.98
Number of pages: 35 Posted: 17 Sep 1998
Larry S. Karp and Sandeep Sacheti
University of California, Berkeley and University of California, Berkeley
Downloads 99 (364,767)
Citation 2

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22.

Adjustment Costs and General Equilibrium Effects in Transitional Economies

Working Paper No. 893
Number of pages: 40 Posted: 25 Apr 2000
Larry S. Karp and Thierry Paul
University of California, Berkeley and University of Angers - Research Group in Quantitative Saving (GREQAM)
Downloads 91 (384,583)

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Adjustment Costs, Dynamic Policies, Time Inconsistency, Markov Perfection, Disadvantageous Policy

23.

Property Rights, Mobile Capital, and Comparative Advantage

University of California at Berkeley, Agricultural and Resource Economics Department, Working Paper No. 942
Number of pages: 22 Posted: 30 May 2003
Larry S. Karp
University of California, Berkeley
Downloads 90 (387,221)
Citation 2

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imperfect property rights, comparative advantage, general equilibrium

24.

Regulation of Stock Externalities with Learning

UC at Berkeley Dept. of Agricultural & Resource Economics Working Paper No. 892
Number of pages: 45 Posted: 05 Feb 2001
Larry S. Karp and Jiangfeng Zhang
University of California, Berkeley and University of California, Berkeley
Downloads 85 (400,843)
Citation 1

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Pollution control, asymmetric information, learning, correlated costs, choice of instruments

25.

Non-Constant Discounting in Continuous Time

Number of pages: 22 Posted: 13 Jan 2004
Larry S. Karp
University of California, Berkeley
Downloads 81 (412,293)
Citation 13

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Hyperbolic discounting, time consistency, Markov equilibria, non-uniqueness, observational equivalence, Pareto efficiency

26.

Regulation with Anticipated Learning About Environmental Damages

Number of pages: 42 Posted: 04 Feb 2003
Larry S. Karp and Jiangfeng Zhang
University of California, Berkeley and University of California, Berkeley
Downloads 81 (412,293)
Citation 11

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abatement costs, climate changes, global warming

27.

Protecting the Vulnerable during a Pandemic with Uncertain Vaccine Arrival and Reinfection

Number of pages: 30 Posted: 31 Jul 2020
Terrence Iverson, Larry S. Karp and Alessandro Peri
Colorado State University, Fort Collins - Colorado State University, University of California, Berkeley and University of Colorado Boulder
Downloads 78 (421,361)
Citation 1

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COVID-19 policy; targeted social distancing; uncertain arrival time of vaccine; reinfection; triage rule

28.

Numerical Analysis of Non-Constant Discounting With an Application to Renewable Resource Management

Number of pages: 28 Posted: 01 Jun 2006
Tomoki Fujii and Larry S. Karp
Singapore Management University - School of Economics and University of California, Berkeley
Downloads 74 (433,952)

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Non-constant discounting, numerical methods, non-renewable resources, observational equivalence

29.

Optimal Social Distancing and the Economics of Uncertain Vaccine Arrival

Number of pages: 60 Posted: 19 Jan 2021
Alessandro Peri, Terrence Iverson and Larry S. Karp
University of Colorado Boulder, Colorado State University, Fort Collins - Colorado State University and University of California, Berkeley
Downloads 73 (437,094)

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COVID-19 policy; targeted social distancing; uncertain arrival time of vaccine; reinfection

30.

Time-Consistent Policies

Number of pages: 28 Posted: 06 Feb 2001
Larry S. Karp and In Ho Lee
University of California, Berkeley and University of Southampton - Division of Economics
Downloads 73 (437,094)
Citation 1

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Time inconsistency, open-loop policies, stationarity

31.

Smart Cap

CESifo Working Paper No. 8917
Number of pages: 63 Posted: 08 Mar 2021
Larry S. Karp and Christian P. Traeger
University of California, Berkeley and University of Oslo - Department of Economics
Downloads 63 (471,763)
Citation 1

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32.

Dynamic Quotas with Learning

Number of pages: 17 Posted: 06 Feb 2001
Christopher Costello and Larry S. Karp
University of California, Santa Barbara (UCSB) - Donald Bren School of Environmental Science & Management and University of California, Berkeley
Downloads 62 (475,487)
Citation 3

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quotas, asymmetric information, searching

33.

Sober Optimism and the Formation of International Environmental Agreements

Number of pages: 81 Posted: 08 Mar 2019
Larry S. Karp and Hiroaki Sakamoto
University of California, Berkeley and Kyoto University - Department of Economics
Downloads 45 (547,418)
Citation 1

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Environmental Agreements; Climate Change; Dynamic Game

34.

How Many Cake-Eaters? Chouette, on a Du Monde a Diner!

Number of pages: 24 Posted: 15 Feb 2001
Pascal Favard, Pascal Favard and Larry S. Karp
Université de ToursUniversite de La Rochelle and University of California, Berkeley
Downloads 44 (552,250)

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35.

The Political Economy of Environmental Policy with Overlapping Generations

Downloads 43 (557,173)
Citation 11

The Political Economy of Environmental Policy with Overlapping Generations

International Economic Review, 2013
Number of pages: 56 Posted: 25 Jul 2013
Larry S. Karp and Armon H. Rezai
University of California, Berkeley and Vienna University of Economics and Business
Downloads 43 (568,532)

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open-access resource, two-sector overlapping generations, resource tax, generational conflict, environmental policy, dynamic bargaining, Markov perfection

The Political Economy of Environmental Policy with Overlapping Generations

International Economic Review, Vol. 55, Issue 3, pp. 711-733, 2014
Number of pages: 23 Posted: 30 Jul 2014
Larry S. Karp and Armon Rezai
University of California, Berkeley and New School University
Downloads 0

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36.

Multiplicity of Investment Equilibria When Pollution Permits are Not Tradable

Number of pages: 23 Posted: 14 May 2006
Larry S. Karp
University of California, Berkeley
Downloads 43 (557,173)
Citation 1

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Tradable permits, coordination games, multiple equilibria, global games

37.

Equilibrium Resource Management with Altruistic Overlapping Generations

Number of pages: 32 Posted: 26 Jul 2013
Ivar Ekeland, Larry S. Karp and Rashid Sumaila
University of British Columbia (UBC) - Faculty of Education, University of California, Berkeley and University of British Columbia (UBC)
Downloads 41 (567,315)
Citation 5

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overlapping generations, time inconsistency, hyperbolic discounting, Markov perfect, renewable resources

38.

Friction and the Multiplicity of Equilibria

Number of pages: 21 Posted: 22 Oct 2003
Larry S. Karp and Thierry Paul
University of California, Berkeley and University of Angers - Research Group in Quantitative Saving (GREQAM)
Downloads 39 (577,603)
Citation 2

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Indeterminacy, Multiple equilibria, Coordination games, Factor reallocation, Environmental externality, Learning-by-doing, Costs of adjustment

39.

Selfish incentives for climate policy: Empower the young!

Number of pages: 77 Posted: 11 Oct 2021
Larry S. Karp, Alessandro Peri and Armon Rezai
University of California, Berkeley, University of Colorado Boulder and Vienna University of Economics and Business
Downloads 35 (599,565)

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Climate externality, overlapping generations, climate policy, generational conflict, Markov perfection, adjustment costs; concave production possibility frontier

40.

Welfare Ranking of Emissions Taxes, Cap & Trade, and Banking & Borrowing

Number of pages: 41 Posted: 08 Mar 2019
Larry S. Karp
University of California, Berkeley
Downloads 30 (629,666)
Citation 1

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asymmetric information, pollution control, banking and borrowing, cap and trade

41.

The value of information in a congested fishery

Number of pages: 34 Posted: 13 Apr 2022
Gabriel Englander, Larry S. Karp and Leo K. Simon
World Bank, University of California, Berkeley and University of California
Downloads 29 (636,031)

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value of information, fishery congestion, Peruvian anchoveta

42.

Intersectoral Adjustment and Policy Intervention: The Importance of General-Equilibrium Effects

Number of pages: 26 Posted: 29 Apr 2005
Larry S. Karp and Thierry Paul
University of California, Berkeley and University of Angers - Research Group in Quantitative Saving (GREQAM)
Downloads 17 (726,059)

Abstract:

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43.

Dynamic Climate Policy with Both Strategic and Non-Strategic Agents: Taxes Versus Quantities

World Bank Policy Research Working Paper No. 6679
Number of pages: 34 Posted: 20 Apr 2016
Larry S. Karp, Sauleh Siddiqui and Jon Strand
University of California, Berkeley, Johns Hopkins University and World Bank
Downloads 15 (743,185)

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Economic Theory & Research, Climate Change Economics, Markets and Market Access, Debt Markets, Emerging Markets

44.

Police Powers, Regulatory Takings and the Efficient Compensation of Domestic and Foreign Investors

Economic Record, Vol. 86, Issue 274, pp. 367-383, September 2010
Number of pages: 17 Posted: 24 Aug 2010
Emma Aisbett, Larry S. Karp and Carol McAusland
ANU - School of Regulation and Global Governance, University of California, Berkeley and University of British Columbia (UBC)
Downloads 3 (863,237)
Citation 7

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45.

The Environment and Trade

Annual Review of Resource Economics, Vol. 3, Issue 1, pp. 397-417, 2011
Posted: 16 Sep 2011
Larry S. Karp
University of California, Berkeley

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46.

Welfare Gains Under Tradable Co2 Permits

AGRICULTURAL GLOBALIZATION, TRADE AND THE ENVIRONMENT, C. Moss, G. Rausser, A. Schmitz, T. Taylor, D. Zilberman, eds., Kluwer Press, Forthcoming
Posted: 05 Jun 2001
Larry S. Karp and Xuemei Liu
University of California, Berkeley and University of California, Berkeley

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Tradable permits, Greenhouse gases, Carbon reductions, Environmental Kuznets curve

47.

Unemployment and the "Labour-Management Conspiracy"

The Economic Journal, Vol. 110, Issue 460, January 2000
Posted: 28 Nov 2000
Larry S. Karp
University of California, Berkeley

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48.

The Optimal Suppression of a Low-Cost Technology by a Durable-Good Monopoly

RAND JOURNAL OF ECONOMICS, Vol. 27, No. 2
Posted: 11 May 1998
Larry S. Karp and Jeffrey M. Perloff
University of California, Berkeley and University of California, Berkeley - Department of Agricultural & Resource Economics

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