Welfare Evaluation of Climate Change and Future Disasters
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Bester Preis: € 15,99 (vom 19.09.2020)1
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Welfare Evaluation of Climate Change and Future Disasters (Paperback) (2020)
~EN PB NWISBN: 9783346228482 bzw. 3346228487, vermutlich in Englisch, GRIN Verlag, United States, Taschenbuch, neu.
Von Händler/Antiquariat, The Book Depository EURO [60485773], London, United Kingdom.
Language: English. Brand new Book. Academic Paper from the year 2016 in the subject Economy - Environment economics, grade: 1,0, University of Paderborn, language: English, abstract: After a short review of traditional welfare evaluation of climate change the paper turns its focus especially on uncertainty and reviews in this context the appropriateness of commonly used economic models for advising climate policy. Climate policy with regard to welfare optimization needs to focus on long-term development in the context of a sustainable future. Two prominent debates have been raised and sharply discussed. First, the long-term view has been highlighted by the appearance of the Stern review, which triggered a lively discussion on an adequate discount rate in the last decade. Second, the probability of the occurrence of severe disasters has been stressed. These considerations are mainly based on fat tails of a probability distribution, an issue initially raised by Weitzman. Based on structural uncertainties of input factors like climate sensitivity, society might experience an infinite high loss for low likelihood catastrophic disasters. His assumptions have been carefully scrutinized and revised in literature, which additionally provoked the question of applicability of traditional economic models. In addition, raising concerns are the potential tipping points that may lead to unpredictable impacts. A stringent policy has been suggested which can be mitigated over time while learning more about uncertainties through investigations.
Language: English. Brand new Book. Academic Paper from the year 2016 in the subject Economy - Environment economics, grade: 1,0, University of Paderborn, language: English, abstract: After a short review of traditional welfare evaluation of climate change the paper turns its focus especially on uncertainty and reviews in this context the appropriateness of commonly used economic models for advising climate policy. Climate policy with regard to welfare optimization needs to focus on long-term development in the context of a sustainable future. Two prominent debates have been raised and sharply discussed. First, the long-term view has been highlighted by the appearance of the Stern review, which triggered a lively discussion on an adequate discount rate in the last decade. Second, the probability of the occurrence of severe disasters has been stressed. These considerations are mainly based on fat tails of a probability distribution, an issue initially raised by Weitzman. Based on structural uncertainties of input factors like climate sensitivity, society might experience an infinite high loss for low likelihood catastrophic disasters. His assumptions have been carefully scrutinized and revised in literature, which additionally provoked the question of applicability of traditional economic models. In addition, raising concerns are the potential tipping points that may lead to unpredictable impacts. A stringent policy has been suggested which can be mitigated over time while learning more about uncertainties through investigations.
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Welfare Evaluation of Climate Change and Future Disasters (2016)
~EN PB NWISBN: 9783346228482 bzw. 3346228487, vermutlich in Englisch, Grin Verlag Grin Verlag, Taschenbuch, neu.
Lieferung aus: Deutschland, Versandkosten nach: Deutschland, Versandkostenfrei.
Von Händler/Antiquariat, buecher.de GmbH & Co. KG, [1].
Academic Paper from the year 2016 in the subject Economy - Environment economics, grade: 1,0, University of Paderborn, language: English, abstract: After a short review of traditional welfare evaluation of climate change the paper turns its focus especially on uncertainty and reviews in this context the appropriateness of commonly used economic models for advising climate policy. Climate policy with regard to welfare optimization needs to focus on long-term development in the context of a sustainable future. Two prominent debates have been raised and sharply discussed. First, the long-term view has been highlighted by the appearance of the Stern review, which triggered a lively discussion on an adequate discount rate in the last decade. Second, the probability of the occurrence of severe disasters has been stressed. These considerations are mainly based on fat tails of a probability distribution, an issue initially raised by Weitzman. Based on structural uncertainties of input factors like climate sensitivity, society might experience an infinite high loss for low likelihood catastrophic disasters. His assumptions have been carefully scrutinized and revised in literature, which additionally provoked the question of applicability of traditional economic models. In addition, raising concerns are the potential tipping points that may lead to unpredictable impacts. A stringent policy has been suggested which can be mitigated over time while learning more about uncertainties through investigations. 2020 32 S. 4 Farbabb. 210 mm Versandfertig in 6-10 Tagen, Softcover, Neuware, Offene Rechnung (Vorkasse vorbehalten).
Von Händler/Antiquariat, buecher.de GmbH & Co. KG, [1].
Academic Paper from the year 2016 in the subject Economy - Environment economics, grade: 1,0, University of Paderborn, language: English, abstract: After a short review of traditional welfare evaluation of climate change the paper turns its focus especially on uncertainty and reviews in this context the appropriateness of commonly used economic models for advising climate policy. Climate policy with regard to welfare optimization needs to focus on long-term development in the context of a sustainable future. Two prominent debates have been raised and sharply discussed. First, the long-term view has been highlighted by the appearance of the Stern review, which triggered a lively discussion on an adequate discount rate in the last decade. Second, the probability of the occurrence of severe disasters has been stressed. These considerations are mainly based on fat tails of a probability distribution, an issue initially raised by Weitzman. Based on structural uncertainties of input factors like climate sensitivity, society might experience an infinite high loss for low likelihood catastrophic disasters. His assumptions have been carefully scrutinized and revised in literature, which additionally provoked the question of applicability of traditional economic models. In addition, raising concerns are the potential tipping points that may lead to unpredictable impacts. A stringent policy has been suggested which can be mitigated over time while learning more about uncertainties through investigations. 2020 32 S. 4 Farbabb. 210 mm Versandfertig in 6-10 Tagen, Softcover, Neuware, Offene Rechnung (Vorkasse vorbehalten).
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Welfare Evaluation of Climate Change and Future Disasters (2020)
~EN NW RPISBN: 9783346228482 bzw. 3346228487, vermutlich in Englisch, GRIN Verlag, neu, Nachdruck.
Von Händler/Antiquariat, Books2Anywhere [190245], Fairford, GLOS, United Kingdom.
New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000.
New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000.
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Welfare Evaluation of Climate Change and Future Disasters
~EN PB NWISBN: 3346228487 bzw. 9783346228482, vermutlich in Englisch, GRIN Verlag, Taschenbuch, neu.
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Welfare Evaluation of Climate Change and Future Disasters (2020)
EN PB NWISBN: 9783346228482 bzw. 3346228487, in Englisch, 32 Seiten, GRIN Verlag, Taschenbuch, neu.
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Lieferung aus: Deutschland, Gewöhnlich versandfertig in 3 bis 4 Tagen. Tatsächliche Versandkosten können abweichen.
Von Händler/Antiquariat, Books on Demand GmbH.
GRIN Verlag, Taschenbuch, Publiziert: 2020-09-02T00:00:01Z, Produktgruppe: Book.
Von Händler/Antiquariat, Books on Demand GmbH.
GRIN Verlag, Taschenbuch, Publiziert: 2020-09-02T00:00:01Z, Produktgruppe: Book.
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