Kiel Working Papers, Kiel Institute for World Economics
No 1212:
The Contribution of Economics to the Analysis of Climate Change and Uncertainty: A Survey of Approaches and Findings
Sonja Peterson
Abstract: There is a general agreement that (a) climate change is
one of the most serious environmental problems, that (b) the analysis of
climate change is confronted with a large degree of uncertainty and (c)
that these uncertainties need to be taken into account to arrive at
meaningful policy recommendations. The main contribution of economics to
this interdisciplinary task is to provide formal frameworks and techniques
for analyzing climate policy in the context of uncertainty. The aim of this
paper is to give a comprehensive survey of existing approaches and findings
and thus to give a broad picture of what economics has contributed and can
contribute to the debate.
Keywords: Climate change, uncertainty, survey, modeling; (follow links to similar papers)
JEL-Codes: Q54,; C60,; D81,; D83; (follow links to similar papers)
36 pages, May 2004
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