Uncertain outcomes and climate change policy

I incorporate distributions for temperature change and its economic impact in an analysis of climate change policy. As a measure of willingness to pay (WTP), I estimate the fraction of consumption w[superscript ⁎](τ) that society would be willing to sacrifice to ensure that any increase in temperatu...

Full description

Bibliographic Details
Main Author: Pindyck, Robert S. (Contributor)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: Elsevier, 2015-10-01T11:53:46Z.
Subjects:
Online Access:Get fulltext