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Precaution And A Dismal Theorem: Implications For Climate Policy And Climate Research

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Author Info

  • Gary W. Yohe
  • Richard S.J. Tol

    ()
    (Economic and Social Research Institute, Dublin, Ireland)

Abstract

We discuss the implication of Weitzman's Dismal Theorem for climate policy and climate research.

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File URL: http://www.fnu.zmaw.de/fileadmin/fnu-files/publication/working-papers/dismaltheoremwp.pdf
File Function: First version, 2007
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Bibliographic Info

Paper provided by Research unit Sustainability and Global Change, Hamburg University in its series Working Papers with number FNU-145.

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Length: 12 pages
Date of creation: Aug 2007
Date of revision: Aug 2007
Handle: RePEc:sgc:wpaper:145

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Related research

Keywords: climate change; uncertainty;

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References

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  1. Dritan Osmani & Richard S.J. Tol, 2005. "The case of two self-enforcing international agreements for environmental protection," Working Papers FNU-82, Research unit Sustainability and Global Change, Hamburg University, revised May 2006.
  2. Richard S.J. Tol & Andrea Bigano & Jacqueline M. Hamilton & Yuan Zhou, 2005. "A Global Database of Domestic and International Tourist Numbers at National and Subnational Level," Working Papers 2005.3, Fondazione Eni Enrico Mattei.
  3. Frances Ruane & Richard S.J. Tol, 2007. "Refined (Successive) H-Indices: An Application To Economics In The Republic Of Ireland," Working Papers FNU-130, Research unit Sustainability and Global Change, Hamburg University, revised Mar 2007.
  4. Katrin Rehdanz & David Maddison, 2004. "The Amenity Value of Climate to German Households," Working Papers 2004.57, Fondazione Eni Enrico Mattei.
  5. David J. Maddison & Katrin Rehdanz, 2007. "Happiness Over Space And Time," Working Papers FNU-128, Research unit Sustainability and Global Change, Hamburg University, revised Feb 2007.
  6. Richard S.J. Tol & Andrea Bigano & Jacqueline M. Hamilton, 2005. "The Impact of Climate on Holiday Destination Choice," Working Papers 2005.4, Fondazione Eni Enrico Mattei.
  7. David Anthoff & Robert J. Nicholls & Richard S.J. Tol, 2007. "Sea Level Rise And Equity Weighting," Working Papers FNU-136, Research unit Sustainability and Global Change, Hamburg University, revised May 2007.
  8. Francesco Bosello & Roberto Roson & Richard Tol, 2007. "Economy-wide Estimates of the Implications of Climate Change: Sea Level Rise," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 37(3), pages 549-571, July.
  9. Jacqueline M. Hamilton & Maten A. Lau, 2004. "The Role Of Climate Information In Tourist Destination Choice Decision-Making," Working Papers FNU-56, Research unit Sustainability and Global Change, Hamburg University, revised Nov 2004.
  10. Kelly C. de Bruin & Rob B. Dellink & Richard S.J. Tol, 2007. "AD-DICE: An Implementation of Adaptation in the DICE Mode," Working Papers 2007.51, Fondazione Eni Enrico Mattei.
  11. Malte Schwoon, 2006. "A Tool to Optimize the Initial Distribution of Hydrogen Filling Stations," Working Papers FNU-110, Research unit Sustainability and Global Change, Hamburg University, revised Jun 2006.
  12. P. Michael Link & Richard S.J. Tol, 2004. "Possible Economic Impacts of a Shutdown of the Thermohaline Circulation: an Application of FUND," Working Papers FNU-42, Research unit Sustainability and Global Change, Hamburg University, revised Apr 2004.
  13. Vassilis Lychnaras & Uwe A. Schneider, 2007. "Dynamic Economic Analysis of Perennial Energy Crops - EffectS of The CAP Reform on Biomass Supply in Greece," Working Papers FNU-132, Research unit Sustainability and Global Change, Hamburg University, revised Apr 2007.
  14. Erkan Erdil & I. Hakan Yetkiner, 2004. "A Panel Data Approach for Income-Health Causality," Working Papers FNU-47, Research unit Sustainability and Global Change, Hamburg University, revised Apr 2004.
  15. Katrin Rehdanz & Richard S.J. Tol, 2004. "On Multi-Period Allocation Of Tradable Emission Permits," Working Papers FNU-43, Research unit Sustainability and Global Change, Hamburg University, revised Apr 2004.
  16. Christine Schleupner, 2005. "Evaluation of coastal squeeze and beach reduction and its consequences for the Caribbean island Martinique," Working Papers FNU-72, Research unit Sustainability and Global Change, Hamburg University, revised May 2005.
  17. Malte Schwoon, 2006. "Learning-by-doing, Learning Spillovers and the Diffusion of Fuel Cell Vehicles," Working Papers FNU-112, Research unit Sustainability and Global Change, Hamburg University, revised Jun 2006.
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Citations

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Cited by:
  1. Hennlock, Magnus, 2009. "Robust Control in Global Warming Management: An Analytical Dynamic Integrated Assessment," Discussion Papers dp-09-19, Resources For the Future.
  2. Nordhaus, William, 2013. "Integrated Economic and Climate Modeling," Handbook of Computable General Equilibrium Modeling, Elsevier.
  3. Aldy, Joseph E. & Krupnick, Alan J. & Newell, Richard G. & Parry, Ian W.H. & Pizer, William A., 2009. "Designing Climate Mitigation Policy," Discussion Papers dp-08-16, Resources For the Future.

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