Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10012616253
We propose a novel framework for the economic assessment of climate-change policy. Our main point of departure from existing work is the adoption of a "satisficing", as opposed to optimizing, modeling approach. Along these lines, we place primary emphasis on the extent to which different...
Persistent link: https://www.econbiz.de/10011614242
Persistent link: https://www.econbiz.de/10012149611
Persistent link: https://www.econbiz.de/10014631053
Emissions control cannot address the consequences of global warming for weather disasters until decades later. We model regional-level mitigation or adaptation, which reduces disaster risks to capital in the interim. Mitigation depends on belief regarding the adverse consequences of global...
Persistent link: https://www.econbiz.de/10013311024
Persistent link: https://www.econbiz.de/10014461450
Persistent link: https://www.econbiz.de/10014226675