Climate Change Elucidated

May 17, 2008

On Modeling and Interpreting the Economics of Catastrophic Climate …

Filed under: Climate Change News — @ 7:15 pm

Harvard economist Martin Weitzman’s paper [PDF] of Feb 8, 2008 argues that conventional cost-benefit-analysis [CBA] may not yield the “right answer” when the scenario includes a small-probability catastrophic event. …

Original post by Steve Darden

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