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People versus planners: Social Preferences for Adaptation to Climate Change

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  • Dobes, Leo

Abstract

Adaptation of natural and human systems to climate change is receiving increased attention. The academic literature covers a wide spectrum of perspectives. Policy considerations, on the other hand, are largely driven by techno-scientific considerations. In particular, these include a risk-management approach. Climate change, however, is inherently uncertain – because the risks cannot be quantified, conventional risk-management approaches are inappropriate. The ‘real options’ economic theory is used for least-cost adaptation strategies. Identifying individuals’ preferences and priorities is a necessary pre-condition for estimating the benefits of adaptation strategies. Yet little has been done in this area. As a first step towards estimating individuals’ willingness to pay for adaptation measures, this research paper proposes to identify and compare priorities and preferences of planners, communities and individuals.

Suggested Citation

  • Dobes, Leo, 2009. "People versus planners: Social Preferences for Adaptation to Climate Change," Research Reports 94890, Australian National University, Environmental Economics Research Hub.
  • Handle: RePEc:ags:eerhrr:94890
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    References listed on IDEAS

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    1. Quentin Grafton, R. & Kompas, Tom & McLoughlin, Richard & Rayns, Nick, 2007. "Benchmarking for fisheries governance," Marine Policy, Elsevier, vol. 31(4), pages 470-479, July.
    2. R. Quentin Grafton & Tom Kompas & Pham Van Ha, 2009. "Cod Today and None Tomorrow: The Economic Value of a Marine Reserve," Land Economics, University of Wisconsin Press, vol. 85(3), pages 454-469.
    3. Grafton, R. Quentin & Kompas, Tom, 2005. "Uncertainty and the active adaptive management of marine reserves," Marine Policy, Elsevier, vol. 29(5), pages 471-479, September.
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    Cited by:

    1. Dobes, Leo, 2012. "Adaptation to Climate Change: Formulating Policy under Uncertainty," Working Papers 249390, Australian National University, Centre for Climate Economics & Policy.
    2. World Bank, 2011. "Climate Change and Fiscal Policy : A Report for APEC," World Bank Other Operational Studies 2734, The World Bank.
    3. Heuson, Clemens & Gawel, Erik & Gebhardt, Oliver & Hansjürgens, Bernd & Lehmann, Paul & Meyer, Volker & Schwarze, Reimund, 2012. "Ökonomische Grundfragen der Klimaanpassung: Umrisse eines neuen Forschungsprogramms," UFZ Reports 02/2012, Helmholtz Centre for Environmental Research (UFZ).
    4. Heuson, Clemens & Gawel, Erik & Gebhardt, Oliver & Hansjürgens, Bernd & Lehmann, Paul & Meyer, Volker & Schwarze, Reimund, 2012. "Fundamental questions on the economics of climate adaptation: Outlines of a new research programme," UFZ Reports 05/2012, Helmholtz Centre for Environmental Research (UFZ).

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    Keywords

    Environmental Economics and Policy;

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