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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18929 |
来源ID | Working Paper 18929 |
Uncertainty and Decision in Climate Change Economics | |
Geoffrey Heal; Antony Millner | |
发表日期 | 2013-03-28 |
出版年 | 2013 |
语种 | 英语 |
摘要 | Uncertainty is intrinsic to climate change: we know that the climate is changing, but not precisely how fast or in what ways. Nor do we understand fully the social and economic consequences of these changes, or the options that will be available for reducing climate change. Furthermore the uncertainty about these issues is not readily quantified and expressed in probabilistic terms: we are facing deep uncertainty or ambiguity rather than risk in the classical sense, rendering the classical expected utility framework of limited value. We review the sources of uncertainty about all aspects of climate change and resolve these into various components, commenting on their relative importance. Then we review decision-making frameworks that are appropriate in the absence of quantitative probabilistic information, including non-probabilistic approaches and those based on multiple priors, and discuss their application in climate change economics. |
主题 | Microeconomics ; Economics of Information |
URL | https://www.nber.org/papers/w18929 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576604 |
推荐引用方式 GB/T 7714 | Geoffrey Heal,Antony Millner. Uncertainty and Decision in Climate Change Economics. 2013. |
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