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This paper contributes to the normative literature on mitigation and adaptation by framing the question of their … mitigation. Our analysis also shows that adaptation transfers from and strategic unilateral commitments to adaptation in … is that precautionary considerations, rather than the ability to reduce smooth damage increases, justify mitigation as a …
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the catastrophic losses, and an effort strategy (mitigation) aimed at reducing the frequency of such losses. The … optimal mix of mitigation/effort strategies allows to reduce the volatility of the economic growth rate, even if its level may …
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