CLIMATE POLICY WHEN THE DISTANT FUTURE MATTERS: CATASTROPHIC EVENTS WITH HYPERBOLIC DISCOUNTING
Year of publication: |
2007
|
---|---|
Authors: | Karp, Larry S. ; Tsur, Yacov |
Institutions: | Department of Agricultural Economics and Management, Hebrew University of Jerusalem |
Subject: | abrupt climate change | event uncertainty | catastrophic risk | hyperbolic discounting | Markov Perfect Equilibria | Environmental Economics and Policy |
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