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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)

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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 Format: application/pdf
File Function: First version, 2007
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Publisher Info
Paper provided by Research unit Sustainability and Global Change, Hamburg University in its series Working Papers with number FNU-145.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
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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Find related papers by JEL classification:
Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters

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  1. Andrea Bigano & Jacqueline M. Hamilton & Richard S.J. Tol, 2004. "The Impact Of Climate On Holiday Destination Choice," Working Papers FNU-55, Research unit Sustainability and Global Change, Hamburg University, revised Oct 2004. [Downloadable!]
    Other versions:
  2. 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. [Downloadable!]
  3. Roberto Roson & Francesco Bosello & Marco Lazzarin & Richard S.J. Tol, 2004. "Economy-Wide Estimates of the Implications of Climate Change: Sea Level Rise," Working Papers 2004.96, Fondazione Eni Enrico Mattei. [Downloadable!]
    Other versions:
  4. Katrin Rehdanz & David Maddison, 2004. "The Amenity Value of Climate to German Households," Discussion Papers of DIW Berlin 414, DIW Berlin, German Institute for Economic Research. [Downloadable!]
    Other versions:
  5. 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. [Downloadable!]
  6. Osmani, Dritan & Tol, Richard, 2006. "The case of two self-enforcing international agreements for environmental protection," MPRA Paper 4256, University Library of Munich, Germany. [Downloadable!]
    Other versions:
  7. 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. [Downloadable!]
  8. 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. [Downloadable!]
  9. 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. [Downloadable!]
  10. 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. [Downloadable!]
    Other versions:
  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. [Downloadable!]
  12. 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. [Downloadable!]
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  13. 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. [Downloadable!]
  14. 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. [Downloadable!]
  15. 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. [Downloadable!]
  16. 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. [Downloadable!]
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