This note considers the treatment of risk and uncertainty in the recently established social cost of carbon (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by …

has three components: the pure rate of time preference, a measure of relative risk aversion, and the rate of growth of per … respect to consumption is particularly important because it assumes three roles: consumption smoothing over time, risk … rates of risk and inequity aversion can be expected to play significant roles. The consumption growth rate plays multiple …

Rolle spielt das individuelle Risiko der Abgeordneten, nach dem Ende des Mandats von Einkommenseinbußen und Arbeitslosigkeit …