The Political Economy of Global Warming. From Data to Decisions

Erling Røed Larsen ()
Additional contact information
Erling Røed Larsen: Statistics Norway, https://www.ssb.no/en/forskning/ansatte

Discussion Papers from Statistics Norway, Research Department

Abstract: This article studies the process from data acquisition to policy decision in relation to an optimum policy on global warming. Policymakers must be reasonably skeptical before proposing remedies to curb warming, but policymakers cannot await the final proof of any proposal's merit. Balancing evidence with doubt requires an informed approach, in which information is converted to knowledge and used to illuminate and compare human welfare connected to different scenarios. This article suggests, normatively, three essential elements for data based policies: evidence, consequence, and strategy. The presented framework for data based policymaking combines results from decision theory, economics, and political theory.

Keywords: data based; decision making; global warming; loss function; policymaking; social welfare; strategy; type-I error (search for similar items in EconPapers)
JEL-codes: C44 D78 H10 Q28 (search for similar items in EconPapers)
Date: 2002-07
New Economics Papers: this item is included in nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.ssb.no/a/publikasjoner/pdf/DP/dp-322.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ssb:dispap:322

Access Statistics for this paper

More papers in Discussion Papers from Statistics Norway, Research Department P.O.Box 8131 Dep, N-0033 Oslo, Norway. Contact information at EDIRC.
Bibliographic data for series maintained by L Maasø ().