Risk-Averse Mitigation Decisions in an Unpredictable Climate System*

DOI10.1111/J.1467-9442.2011.01679.XMaRDI QIDQ3166540zbMATH OpenOpenAlexFDO

Authors Thomas S. Lontzek, Daiju Narita

Publication date 12 October 2012

Published in Scandinavian Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/j.1467-9442.2011.01679.x

zbMATH Keywords

climate change and uncertaintiesclimate policystochastic control

Mathematics Subject Classification ID

Stochastic programming (90C15) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Recommendations

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Cites work

• A local analysis of N-sector capital accumulation under uncertainty
• Asymptotic methods for aggregate growth models
• scientific article; zbMATH DE number 3713447 (Why is no real title available?)
• scientific article; zbMATH DE number 1099379 (Why is no real title available?)
• Pollution control in an uncertain environment
• Projection methods for solving aggregate growth models
• SOLVING LARGE-SCALE RATIONAL-EXPECTATIONS MODELS
• Stochastic Control for Small Noise Intensities
• Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework

Cited in

(12)

• Decision-making under scientific uncertainty: The economics of the precautionary principle
• Climate engineering under deep uncertainty
• Adaptation, mitigation and risk-taking in climate policy
• Updating subjective risks in the presence of conflicting information: an application to climate change
• Temperature targets, deep uncertainty and extreme events in the design of optimal climate policy
• Climate change adaptation under heterogeneous beliefs
• Expected utility and catastrophic risk in a stochastic economy-climate model
• scientific article; zbMATH DE number 5666287 (Why is no real title available?)
• Endogeneous risks and learning in climate change decision analysis
• Assessments of `greenhouse insurance': a methodological review
• Economic value of weather forecasting: the role of risk aversion
• Anthropogenic climate change: Scientific uncertainties and moral dilemmas

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