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Fat-tailed uncertainty, learning, and climate policy
Bistline, John E. - In: Climate change economics 6 (2015) 2, pp. 1-21
Persistent link: https://www.econbiz.de/10011313647
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The climate beta
Dietz, Simon; Gollier, Christian; Kessler, Louise - 2015
Persistent link: https://www.econbiz.de/10011412468
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The climate beta
Dietz, Simon; Gollier, Christian; Kessler, Louise - 2015
Persistent link: https://www.econbiz.de/10011412734
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Should we give up after Solyndra? : optimal technology R&D portfolios under uncertainty
Webster, Mort; Fisher-Vanden, Karen; Popp, David; … - 2015
Global climate change and other environmental challenges require the development of new energy technologies with lower emissions. In the near-term, R&D investments, either by government or the private sector, can bring down the costs of these lower emission technologies. However, the results of...
Persistent link: https://www.econbiz.de/10011298511
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Closed-form integrated assessment and uncertainty
Traeger, Christian - 2015
-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude …
Persistent link: https://www.econbiz.de/10011305430
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Modelling outcome-related risk in choice experiments
Glenk, Klaus; Colombo, Sergio; Burton, Michael P. - In: The Australian journal of agricultural and resource … 57 (2013) 4, pp. 559-578
Persistent link: https://www.econbiz.de/10010199030
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On welfare frameworks and catastrophic climate risks
Millner, Antony - 2013
Recent theoretical work in the economics of climate change has suggested that climate policy is highly sensitive to "fat-tailed" risks of catastrophic outcomes (Weitzman, 2009b). Such risks are suggested to be an inevitable consequence of scientific uncertainty about the effects of increased...
Persistent link: https://www.econbiz.de/10010199723
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Environmental risk and uncertainty
Aldy, Joseph E.; Viscusi, W. Kip - 2014
Persistent link: https://www.econbiz.de/10010366828
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Tourists' evaluation of climate change risks in the Canary Islands : a heterogeneous response modelling approach
León, Carmelo Javier; Aran̄a, Jorge E.; González, Matías - In: Tourism economics : the business and finance of tourism … 20 (2014) 4, pp. 849-868
Persistent link: https://www.econbiz.de/10010466830
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Catastrophic risk, precautionary abatement, and adaptation transfers
Bosello, Francesco; De Cian, Enrica; Ferranna, Licia - 2014
optimal policy balance in the context of catastrophic climate risk. The analysis uses the WITCH integrated assessment model … with a module that models the endogenous risk of experiencing an economic catastrophe if temperature increases above a … certain threshold. We find that the risk of a catastrophic outcome would encourage countries to reduce emissions even in the …
Persistent link: https://www.econbiz.de/10010476445