This note considers the treatment of risk and uncertainty in the recently established social cost of carbon (SCC) for … Cost of Carbon did not go far enough into the tail of low-probability, high-impact scenarios, and, via its approach to … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by …

This note considers the treatment of risk and uncertainty in the recently established social cost of carbon (SCC) for … Cost of Carbon did not go far enough into the tail of low-probability, high-impact scenarios, and, via its approach to … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by …

fundamental tradeoff in organizing such activities. On the one hand, since creativity cannot be achieved by command and control or … fundamental characteristics: extremely high input, output and market uncertainty, and the inherent informational advantages of …

fundamental tradeoff in organizing such activities. On the one hand, since creativity cannot be achieved by command and control or … fundamental characteristics: extremely high input, output and market uncertainty, and the inherent informational advantages of …