Yohe, Gary W.; Tol, Richard S. J.; Anthoff, David - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-24, pp. 1-22
aversion, and inequity aversion. Given the large uncertainties about climate change and widely asymmetric impacts, the assumed … rates of risk and inequity aversion can be expected to play significant roles. The consumption growth rate plays multiple … observed behaviour, we find that the expected social cost of carbon, corrected for uncertainty and inequity, is approximate 60 …