Background
Sandmo, Agnar was born on January 9, 1938 in Norway.
(Environmental policy is high on the political agenda in m...)
Environmental policy is high on the political agenda in many countries. Considering the various dimensions of environmental quality as public goods, Sandmo identifies the failures of the market mechanism in the face of environmental problems and shows how economic policy should be designed to overcome them. Specific topics covered include the assessment of environmental benefits and costs, the choice between taxes and quotas as policy tools, the principles of environmental taxation in a second-best world, the various notions of the double dividend from environmental tax reform, and international aspects of environmental policy as well as its political economy ramifications. The treatment is mainly theoretical, but the emphasis throughout is on showing how theory can be relevant to the rational design of economic policy.
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Sandmo, Agnar was born on January 9, 1938 in Norway.
Siviløkonom, Norwegian School of Economics, Bergen, 1961. Doctor Economics, Norwegian School of Economics, Bergen, 1970.
Assistant Professor, Association Professor, Acting Professor, Norwegian School Economics and Business Administration, 1966-1971. Visiting Researcher, Centre for Operations Research and Econometrics, Belguim, University Louvain, Belgium, 1969-1970. Visiting Professor, University Essex, 1975-1976.
Professor of Economics, Norwegian School Economics and Business Administration, Bergen, Norway, 1971-. Editor Stats0konomisk Tidsskrift, since 1974. Editorial Board, Scand Journal of Economics, since 1976.
Association Editor, Co-editor, Journal of Public Economics, 1973.
(Environmental policy is high on the political agenda in m...)
First published work was in the economics of uncertainty, where my main aim was to explore the implications of the expected utility theorem and hypotheses about risk aversion for saving, portfolio and production decisions of consumers and firms. Later turned my attention to public economics, particularly as it related to welare economics and the theory of the second best. Topics within that area include the following: the derivation of the social rate of discount when there are imperfections in the form of tax distortions or incomplete markets.
The theory of public goods and externalities with emphasis on the ‘household production’ approach. Optimum tax theory, both in general and with special application to labour supply and saving, tax evasion, etc., and taxation and risk-taking.
Petroleum Price Board 1976-1980 and several Government boards and committees on social science and general research policy. Norwegian and Swedish Academies of Science.
Son of Tone Sverdrup, August 8, 1959. Children: Erling, Inger, Sigurd.