Question: Consider a parameterized damage function D(S,n) where n is a damage parameter shifting up the damage and the marginal damage so that D n (S,n)

Consider a parameterized damage function D(S,n) where n is a damage parameter shifting up the damage and the marginal damage so that D_n (S,n) > 0 and D_sn (S,n) > 0

(a) Investigate how emissions and steady-state stock change when increases.

(b) Investigate how the optimal feedback strategy changes with increasing .

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