Hohmeyer, Olav - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 74 (2005) 2, pp. 164-168
The results of economic evaluations of the effects of anthropogenic climate change diverge significantly. The main reason are three normative assumptions which result in monetary values of the same climate impact diverging by the order of six magnitudes and more. The paper illustrates this...