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 … change. We also find that the impacts of climate change grow slower than income, so the effective discount rate is higher … negative impacts in the very long run. However, if we probabilistically constrain the parameters to values that are implied by …