Last updated:
December 5th, 2011

Erik Kempe Award

DESCRIPTION - AWARDEES

The 2011 Erik Kempe Award has been awarded to Christian Gollier and Martin L. Weitzman for their study “How Should the Distant Future be Discounted when Discount Rates are Uncertain" published in Economics Letters 107, 250-253, 2010.

In the fall (October-November) of the same year the prize-winner(s) is (are) invited to Umea University, where the formal prize ceremony takes place, and the prize-winner(s) deliver(s) the Erik Kempe lecture.
All eaerlier award-winning papers have made important contributions to our knowledge in environmental and resource economics, and we want to keep the same high-quality standard for future award-winning papers.
We hope and think that the Erik Kempe Award will be as prestigious in the future as it is today.


DESCRIPTION
Thanks to the generous support of The Kempe Foundation, the Erik Kempe Award in Environmental and Resource Economics was introduced at the 1995 EAERE Annual Conference held at the University of Umeå. The first prize was awarded at the EAERE Annual Conference held in 1996. The prize is awarded biannually to the best paper in the field of environmental and resource economics, published in a refereed journal by an author affiliated to a European research institution (in the case of joint papers, at least one of them must be affiliated to a European institution).

The prize is awarded by an international jury of three members. Two members are selected by the EAERE board among the best scholars in the field of environmental and resource economics and appointed by The Kempe Foundation. One member is selected by the Rector of the Umeå University and appointed by The Kempe Foundation.

The papers can be submitted by the authors or suggested by anybody else by sending the complete reference to the EAERE Secretariat, according to the timetable announced by the Secretariat. The papers must be published in the two calendars years preceding the award, and must be written in English.

The prize is conveyed to the winner biannually at the yearly EAERE Annual Congress by the President of EAERE. In the fall (October-November) of the same year the prize-winner(s) is (are) invited to Umeå University, where a second ceremony of prize conveyance takes place and the prize-winner(s) delivers (deliver) the Eric Kempe lecture(s) and heads seminars. The latter ceremony takes place during the annual celebration at Umeå University when new professors are appointed and honorary doctors installed.

The prize-sum is 100,000 SEK.

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AWARDEES

Previous winners and corresponding articles are as follows:

2011	Christian Gollier and Martin L. Weitzman “How Should the Distant Future be Discounted when Discount Rates are Uncertain” Economics Letters 107, 250-253, 2010.
2009	Christa N. Brunnschweiler and Erwin H. Bulte “The Resource Curse Revisited and Revised: A Tale of Paradoxes and Red Herrings” Journal of Environmental Economics and Management 55, 248-264, 2008.
2007	Partha Dasgupta and Eric Maskin "Uncertainty and Hyperbolic Discounting" American Economic Review, 95(4), pp. 1290-1299, 2005.
2004	Till Requate and Wolfram Unold "Environmental Policy Incentives to Adopt Advanced Abatement Technology: Will the true Ranking Please Stand Up?" European Economic Review 47, 125-146, 2003.
2002	Karine Nyborg "Homo Economicus and Homo Politicus: Interpretation and Aggregation of Environmental Values" Journal of Economic Behavior and Organization, 42, 305-322, 2000.
2000	Michael Hoel "Coordination of Environmental Policy for Transboundary Environmental Problems" Journal of Public Economics, 66, 199-224, 1997
1998	Lans Bovenberg and Laurence Goulder "Optimal Environmental Taxation in the Presence of Other Taxes" American Economic Review, 84, September, 1996
1996	Scott Barrett "Self-Enforcing International Environmental Agreements" Oxford Economic Papers, 46, 878-894, 1994