PRECAUTION AND A DISMAL THEOREM: IMPLICATIONS FOR CLIMATE POLICY AND CLIMATE RESEARCH
Gary Yohe and
Richard S.J. Tol ()
No FNU-145, Working Papers from Research unit Sustainability and Global Change, Hamburg University
Abstract:
We discuss the implication of Weitzman's Dismal Theorem for climate policy and climate research.
Keywords: climate change; uncertainty (search for similar items in EconPapers)
JEL-codes: Q54 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene and nep-env
Date: Written 2007-08
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http://www.fnu.zmaw.de/fileadmin/fnu-files/publica ... /dismaltheoremwp.pdf First version, 2007 (application/pdf)
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