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...
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| Format: | Article |
| Language: | en_US |
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Elsevier
2015
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| Online Access: | http://hdl.handle.net/1721.1/99115 https://orcid.org/0000-0001-8296-9875 |