G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10730
DP10730 Averting Catastrophes: The Strange Economics of Scylla and Charybdis
Robert S. Pindyck; Ian Martin
发表日期2015-07-19
出版年2015
语种英语
摘要Faced with numerous potential catastrophes---nuclear and bioterrorism, mega-viruses, climate change, and others---which should society attempt to avert? A policy to avert one catastrophe considered in isolation might be evaluated in cost-benefit terms. But because society faces multiple catastrophes, simple cost-benefit analysis fails: Even if the benefit of averting each one exceeds the cost, we should not necessarily avert them all. We explore the policy interdependence of catastrophic events, and develop a rule for determining which catastrophes should be averted and which should not.
主题Public Economics
关键词Bioterrorism Catastrophes Catastrophic events Climate change Disasters Epidemics Nuclear terrorism Pandemics Policy objectives Willingness to pay
URLhttps://cepr.org/publications/dp10730
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/539561
推荐引用方式
GB/T 7714
Robert S. Pindyck,Ian Martin. DP10730 Averting Catastrophes: The Strange Economics of Scylla and Charybdis. 2015.
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