Facing an uncertain future: curricula of dualities

Facing the future in uncertain times.

Facing an uncertain future : how forests and people can adapt to climate change

Lo caelli, B. | K an n in en , M . | B ro kh au s, M . | C o ler, C ..P. | M u rd iyrso, D . | S an to o, H . e most prominent international responses to climate change focus on mitigation (reducing the accumulation of greenhouse gases) rather than adaptation (reducing the vulnerability of society and ecosystems). However, with climate change now inevitable, adaptation is gaining importance in ...

Discounting an uncertain future

The objective of this paper is to determine the socially optimal discount rate for public investment projects that entail costs and benefits in the very long run. We suppose that there is an exogenous process for the growth of consumption per capita, which is stochastic. We first evaluate the determinants of the discount rate for a specific horizon when the representative agent has a recursive ...

Facing an uncertain future: how forest and people can adapt to climate change

Lo caelli, B. | K an n in en , M . | B ro kh au s, M . | C o ler, C ..P. | M u rd iyrso, D . | S an to o, H . e most prominent international responses to climate change focus on mitigation (reducing the accumulation of greenhouse gases) rather than adaptation (reducing the vulnerability of society and ecosystems). However, with climate change now inevitable, adaptation is gaining importance in ...

Saving for an uncertain future.

T he units that are subject to selection pressure in evolutionary biology are ‘‘strategies,’’ which are conditional actions (for example, do P if X occurs; otherwise do Q). In contrast, the units in economics (they are called ‘‘people’’) select strategies from available menus so as to further their projects and purposes. If evolutionary dynamics involves mindless competition among strategies, e...