Degradation of ecosystem services may be a major component of climate change damage, and incorporation of this factor could significantly alter the significance of uncertainty in climate-economy modeling. However, this aspect has been little investigated by economic analyses of climate change...

Models of ecological inference (EI) have to rely on crucial assumptions about the individual-level data-generating process, which cannot be tested because of the unavailability of these data. However, these assumptions may be violated by the unknown data and this may lead to serious bias of...