منابع مشابه
Ambiguous Tipping Points∗
We analyze the policy implications of aversion to Knightian uncertainty (or ambiguity) about the possibility of tipping points. We demonstrate two channels through which uncertainty aversion affects optimal policy in the general setting. The first channel relates to the policy’s effect on the probability of tipping, and the second channel to its differential impact in the preand post-tipping re...
متن کاملTipping Points in Schelling Segregation
Thomas Schelling’s spacial proximity model illustrated how racial segregation can emerge, unwanted, from the actions of citizens acting in accordance with their individual local preferences. One of the earliest agent-based models, it is closely related both to the spin-1 models of statistical physics, and to cascading phenomena on networks. Here a 1-dimensional unperturbed variant of the model ...
متن کاملStochastic tipping points in climate dynamics.
A crucial question recently raised in climate dynamics concerns abrupt climate transitions: Are they due to a tipping point (TP) being exceeded, or is fast noisy dynamics the cause of their excitation? In this respect, a case study based on a low-order ocean model is developed to show that in an excitable dynamical system perturbed by noise (a possible climate condition) the TPs may have limite...
متن کاملTipping points in the climate system
In climatic time series abrupt changes are observed. We hypothesize that these abrupt changes are due to nonlinear responses inherent in the climate system, specifically, so-called tipping points. This behaviour result from non-linear climate response to either external forcing, internal stochastic fluctuations or a combination of both. At some point the forcing will cause the climate to jump f...
متن کاملSocial tipping points and Earth systems dynamics
1 Department of Archaeology and Anthropology, Bristol University, Bristol, UK 2 Department of Geography, Durham University, Durham, UK 3 Institute of Hazard , Risk and Resilience, Durham University, Durham, UK 4 School of Biological and Biomedical Sciences, Durham University, Durham, UK 5 Department of Mathematical Sciences, Durham University, Durham, UK 6 Durham University Business School, Dur...
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2016
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2016.03.009