Climate Policy under Fat-Tailed Risk: An Application of FUND
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- David Anthoff & Richard Tol, 2014. "Climate policy under fat-tailed risk: an application of FUND," Annals of Operations Research, Springer, vol. 220(1), pages 223-237, September.
References listed on IDEAS
- van den Bergh, Jeroen C. J. M., 2004. "Optimal climate policy is a utopia: from quantitative to qualitative cost-benefit analysis," Ecological Economics, Elsevier, vol. 48(4), pages 385-393, April.
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- van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
- In Chang Hwang & Richard S.J. Tol & Marjan W. Hofkes, 2013. "Active Learning about Climate Change," Working Paper Series 6513, Department of Economics, University of Sussex.
- Foley, Duncan K. & Rezai, Armon & Taylor, Lance, 2013. "The social cost of carbon emissions: Seven propositions," Economics Letters, Elsevier, vol. 121(1), pages 90-97.
- Thijs Dekker & Rob Dellink & Janina Ketterer, 2013. "The Fatter the Tail, the Fatter the Climate Agreement - Simulating the Influence of Fat Tails in Climate Change Damages on the Success of International Climate Negotiations," CESifo Working Paper Series 4059, CESifo Group Munich.
- Crost, Benjamin & Traeger, Christian P., 2011. "Risk and aversion in the integrated assessment of climate change," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt1562s275, Department of Agricultural & Resource Economics, UC Berkeley.
- Matthew Adler & David Anthoff & Valentina Bosetti & Greg Garner & Klaus Keller & Nicolas Treich, 2016.
"Priority for the Worse Off and the Social Cost of Carbon,"
CESifo Working Paper Series
6032, CESifo Group Munich.
- Adler, Matthew & Anthoff, David & Bosetti, Valentina & Garner, Greg & Keller, Klaus & Treich, Nicolas, 2016. "Priority for the Worse Off and the Social Cost of Carbon," MITP: Mitigation, Innovation,and Transformation Pathways 244334, Fondazione Eni Enrico Mattei (FEEM).
- Matthew Adler & David Anthoff & Valentina Bosetti & Greg Garner & Klaus Keller & Nicolas Treich, 2016. "Priority for the Worse Off and the Social Cost of Carbon," Working Papers 2016.55, Fondazione Eni Enrico Mattei.
- In Chang Hwang & Richard S.J. Tol & Marjan W. Hofkes, 2013. "Tail-effect and the Role of Greenhouse Gas Emissions Control," Working Paper Series 6613, Department of Economics, University of Sussex.
More about this item
KeywordsClimate change/integrated assessment/decision making under uncertainty/deep uncertainty/fat-tailed risk/dismal theorem;
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2010-07-10 (All new papers)
- NEP-ENE-2010-07-10 (Energy Economics)
- NEP-ENV-2010-07-10 (Environmental Economics)
- NEP-UPT-2010-07-10 (Utility Models & Prospect Theory)
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