Uncertainty, Extreme Outcomes and Climate Change: A Critique
نویسندگان
چکیده
منابع مشابه
Uncertainty , Extreme Outcomes , and Climate Change
Focusing on tail effects — low probability but very adverse outcomes — I incorporate distributions for temperature change and its economic impact in an analysis of climate change policy. I estimate the fraction of consumption w(τ ) that society would be willing to sacrifice to ensure that any increase in temperature at a future point is limited to τ . Using information on the distributions for ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2016
ISSN: 1556-5068
DOI: 10.2139/ssrn.2801039