15 citations · 16 across the 4 of their papers we have counts for
4 papers
A note on the logical inconsistency of the Hotelling Rule: A Revisit from the System's Analysis Perspective
Nikolay Khabarov, Alexey Smirnov, Michael Obersteiner
The "Hotelling rule" (HR) called to be "the fundamental principle of the economics of exhaustible resources" has a logical deficiency which was never paid a sufficient attention to…
Renewable Energy Expansion under Taxes and Subsidies: A Transmission Operator's Perspective
Nikita Belyak, Steven A. Gabriel, Nikolay Khabarov +1
This paper investigates the role of a transmission system operator within a carbon footprint reduction strategy incorporating carbon taxes and renewable energy generation subsidies…
Shadow prices and optimal cost in economic applications
Nikolay Khabarov, Alexey Smirnov, Michael Obersteiner
Shadow prices are well understood and are widely used in economic applications. However, there are limits to where shadow prices can be applied assuming their natural interpretatio…
Social Cost of Carbon: What Do the Numbers Really Mean?
Nikolay Khabarov, Alexey Smirnov, Michael Obersteiner
Social cost of carbon (SCC) is estimated by integrated assessment models (IAM) and is widely used by government agencies to value climate policy impacts. While there is an ongoing…