, affects the role of discounting. I argue that the assertion that the risk of catastrophic damage overwhelms discounting is …. climate change ; discounting ; intergenerational conflict ; catastrophic risk ; hyperbolic discounting …

Reducing greenhouse gas emissions not only lowers expected damages from climate change but also reduces the risk of … abatement, often do not capture this risk reduction benefit. Risk-averse individuals are willing to pay a risk premium, an … obtained for calculating a risk premium to be included in the social cost of carbon. While more research is needed in this area …

risk of catastrophic impacts. However, estimates of the social cost of carbon, which measures the marginal value of carbon … dioxide abatement, often do not capture this risk reduction benefit. Risk-averse individuals are willing to pay a risk premium … estimates obtained for calculating a risk premium to be included in the social cost of carbon. While more research is needed in …

A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price … stochastic optimal control (SOC)/dynamic risk management is a much more effective approach to determine the optimal degree of … leverage, the optimum and excessive risk and the probability of a debt crisis. The theoretically founded early warning signals …