Tropical Forests, Tipping Points, and the Social Cost of Deforestation

Recent work has suggested that tropical forest and savanna represent alternative stable states, which are subject to drastic switches at tipping points, in response to changes in rainfall patterns and other drivers. Deforestation cost studies have ignored the likelihood and possible economic impact...

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Bibliographic Details
Main Authors: Franklin, Sergio L., Pindyck, Robert S
Other Authors: Sloan School of Management
Format: Article
Language:English
Published: Elsevier BV 2020
Online Access:https://hdl.handle.net/1721.1/126850