Larry S. Karp

University of California, Berkeley

Professor

Dept. of Agriculture & Resource Economics

313 Giannini Hall

Berkeley, CA 94720

United States

SCHOLARLY PAPERS

44

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122

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Scholarly Papers (44)

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 988 (21,534)

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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 351 (83,068)

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3.

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 223 (134,461)

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

4.

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 196 (151,879)

Abstract:

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5.

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 193 (154,821)

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6.

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 171 (171,750)

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

7.

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 George Mason University - Antonin Scalia Law School, Faculty
Downloads 170 (172,651)

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

8.

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 157 (184,728)

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price discrimination, scalpers, coordination game, common knowledge

9.

Controlling a Stock Pollutant with Endogenous Investment and Asymmetric Information

FEEM Working Paper No. 95.2001; UC-Berkeley, Dept. of Agricultural and Resource Economics Working Paper No. 928
Number of pages: 46 Posted: 20 Oct 2001
Larry S. Karp and Jiangfeng Zhang
University of California, Berkeley and University of California, Berkeley
Downloads 141 (201,808)

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

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 Michigan State University
Downloads 135 (209,650)

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Common Ground between Free-Traders and Environmentalists

International Economic Review
Posted: 23 Mar 2000
Larry S. Karp, Sandeep Sacheti and Jinhua Zhao
University of California, Berkeley, University of California, Berkeley and Michigan State University

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11.

Environmental Indices for the Chinese Grain Sector

FEEM Working Paper No. 94.2001
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 (221,950)

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

12.

Fundamentals Versus Beliefs Under Almost Common Knowledge

Number of pages: 31 Posted: 14 Nov 2000
Larry S. Karp
University of California, Berkeley
Downloads 118 (231,766)

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

13.

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 114 (237,710)

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global games, congestion, coordination problem

14.

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, Michigan State University and University of California, Berkeley
Downloads 113 (239,190)

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

15.

Global Warming and Hyperbolic Discounting

Number of pages: 29 Posted: 04 Jun 2003
Larry S. Karp
University of California, Berkeley
Downloads 107 (248,591)

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Stock pollutant, hyperbolic discounting, global warming, time consistency

16.

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 - Department of Agricultural Economics and Management
Downloads 106 (250,167)

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

17.

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 99 (262,197)

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

18.

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 97 (265,668)

Abstract:

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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 95 (269,290)

Abstract:

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20.

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 89 (280,718)

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

21.

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 87 (284,724)

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imperfect property rights, comparative advantage, general equilibrium

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 44 (409,463)

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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

Number of pages: 65 Posted: 25 Jul 2013
Larry S. Karp
University of California, Berkeley
Downloads 42 (417,231)

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

23.

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 80 (299,541)

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

24.

Non-Constant Discounting in Continuous Time

Number of pages: 22 Posted: 13 Jan 2004
Larry S. Karp
University of California, Berkeley
Downloads 75 (311,111)

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

25.

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 75 (311,111)

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abatement costs, climate changes, global warming

26.

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 70 (323,333)

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Time inconsistency, open-loop policies, stationarity

27.

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 69 (325,833)

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

28.

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 54 (368,412)

Abstract:

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quotas, asymmetric information, searching

29.

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 (405,416)

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Tradable permits, coordination games, multiple equilibria, global games

30.

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

Number of pages: 24 Posted: 15 Feb 2001
Pascal Favard and Larry S. Karp
Université de Tours and University of California, Berkeley
Downloads 41 (412,780)

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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 36 (442,333)

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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
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32.

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 34 (440,774)

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

33.

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 30 (458,555)

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

34.

Prices Versus Quantities Reassessed

CESifo Working Paper No. 7331
Number of pages: 46 Posted: 21 Feb 2019
Larry S. Karp and Christian Traeger
University of California, Berkeley and affiliation not provided to SSRN
Downloads 27 (473,253)

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

35.

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

Review of International Economics, Vol. 13, No. 2, pp. 330-355, May 2005
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 (529,038)
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36.

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 11 (564,189)

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

37.

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 9 (576,277)

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Environmental Agreements; Climate Change; Dynamic Game

38.

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 9 (576,277)

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

39.

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 2 (625,157)
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40.

Provision of a Public Good with Multiple Dynasties

The Economic Journal, Vol. 127, Issue 607, pp. 2641-2664, 2017
Number of pages: 24 Posted: 17 Dec 2017
Larry S. Karp
University of California, Berkeley
Downloads 0 (655,592)
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41.

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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42.

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

43.

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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44.

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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