Expected utility and catastrophic risk in a stochastic economy-climate model

DOI10.1016/j.jeconom.2019.05.007zbMath1456.62288OpenAlexW1500180771WikidataQ127845094 ScholiaQ127845094MaRDI QIDQ2280605

Masako Ikefuji, Jan R. Magnus, Roger J. A. Laeven, Chris Muris

Publication date: 19 December 2019

Published in: Journal of Econometrics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jeconom.2019.05.007

zbMATH Keywords

uncertaintyheavy tailsexpected utilityeconomy-climate modelseconomy-climate policy

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Applications of statistics to environmental and related topics (62P12) Climate science and climate modeling (86A08)

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