Averting Catastrophes: The Strange Economics of Scylla and Charybdis
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,...
Main Authors: | Martin, Ian W. R., Pindyck, Robert S |
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Other Authors: | Sloan School of Management |
Format: | Article |
Language: | en_US |
Published: |
American Economic Association
2017
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Online Access: | http://hdl.handle.net/1721.1/109147 https://orcid.org/0000-0001-8296-9875 |
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