Browsing Economics (Scholarly Publications) by Subject "Climate Change"
Now showing items 1-5 of 5
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Checking the Price Tag on Catastrophe: The Social Cost of Carbon Under Non-linear Climate Response
(ESRI, 29/06/2011)Research into the social cost of carbon emissions ? the marginal social damage from a tonne of emitted carbon ? has tended to focus on ?best guess? scenarios. Such scenarios generally ignore the potential for low-probability, ... -
Climate Policy Under Fat-Tailed Risk: An Application of Dice
(ESRI, 2011)Uncertainty plays a significant role in evaluating climate policy, and fat-tailed uncertainty may dominate policy advice. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under ... -
Economic Costs of Ocean Acidification: A Look into the Impacts on Shellfish Production
(ESRI, 15/06/2011)Ocean acidification is increasingly recognized as a major global problem. Yet economic assessments of its effects are currently almost absent. Unlike most other marine organisms, mollusks, which have significant commercial ... -
On International Equity Weights and National Decision Making on Climate Change
(ESRI, 2011)Climate change is a moral problem. The main reason to reduce greenhouse gas emissions is a concern for faraway lands (Schelling 2000), distant futures (Nordhaus 1982), and remote probabilities (Weitzman 2009). The people ... -
Schelling's Conjecture on Climate and Development: A Test
(ESRI, 10/06/2011)We use the integrated assessment model FUND to compute the income elasticities of climate change impacts for different world regions over time. We find limited support for Schelling?s Conjecture that development might be ...