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Escaping Damocles' sword: Endogenous climate shocks in a growing economy
Bretschger, Lucas; Vinogradova, Alexandra - 2018
Climate economics has been criticized for ignoring uncertainty, catastrophic changes, and tipping points (Stern 2016 …
Persistent link: https://www.econbiz.de/10011985373
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Growth and Mitigation Policies with Uncertain Climate Damage
Bretschger, Lucas; Vinogradova, Alexandra - 2014
Climate physics predicts that the intensity of natural disasters will increase in the future due to climate change. We present a stochastic model of a growing economy where natural disasters are multiple and random, with damages driven by the economy's polluting activity. We provide a...
Persistent link: https://www.econbiz.de/10010435787
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Growth and Mitigation Policies with Uncertain Climate Damage
Bretschger, Lucas; Vinogradova, Alexandra - 2014
of the biggest challenges for economic modeling is the inherent uncertainty of climate events, which crucially affects …
Persistent link: https://www.econbiz.de/10011753266
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Regime shifts and uncertainty in pollution control
de Zeeuw, Aart; Zemel, Amos - 2012
uncertainty. The results, that imply prudent behavior due to uncertainty, are compared with the ambiguous outcomes reported in the …
Persistent link: https://www.econbiz.de/10010280838
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Growth and mitigation policies with uncertain climate damage
Bretschger, Lucas; Vinogradova, Alexandra - 2014
Climate physics predicts that the intensity of natural disasters will increase in the future due to climate change. We present a stochastic model of a growing economy where natural disasters are multiple and random, with damages driven by the economy's polluting activity. We provide a...
Persistent link: https://www.econbiz.de/10010438060
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Escaping Damocles' sword : endogenous climate shocks in a growing economy
Bretschger, Lucas; Vinogradova, Alexandra - 2018
Climate economics has been criticized for ignoring uncertainty, catastrophic changes, and tipping points (Stern 2016 …
Persistent link: https://www.econbiz.de/10011857735
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Going beyond tradition:Growth and Mitigation Policies with Uncertain Climate Damage
Bretschger, Lucas; Vinogradova, Alexandra - CER-ETH Center of Economic Research, Department of … - 2014
of the biggest challenges for economic modeling is the inherent uncertainty of climate events, which crucially affects …
Persistent link: https://www.econbiz.de/10010888318
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Regime Shifts and Uncertainty in Pollution Control
Zeeuw, Aart de; Zemel, Amos - CESifo - 2012
uncertainty. The results, that imply prudent behavior due to uncertainty, are compared with the ambiguous outcomes reported in the …
Persistent link: https://www.econbiz.de/10009416115
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Cost-effective management of a eutrophicated sea in the presence of uncertain technological development and climate change
Gren, Ing-Marie; Lindqvist, Martin - Institutionen för ekonomi, Sveriges Lantbruksuniversitet - 2014
to the loads of the two nutrients, uncertainty in climate change effects with probabilistic constraints on nutrient pool … of uncertainty increases abatement costs but that the effect on marginal abatement cost differ for the two types of … uncertainty. Marginal abatement cost is increased by technological uncertainty but decreased by the reduction in the risk discount …
Persistent link: https://www.econbiz.de/10010735269
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Growth and Mitigation Policies with Uncertain Climate Damage
Bretschger, Lucas; Vinogradova, Alexandra - Department of Economics, Oxford University - 2014
.  One of the biggest challenges for economic modeling is the inherent uncertainty of climate events, which crucially affects …
Persistent link: https://www.econbiz.de/10011183192