Tipping and reference points in climate change games

Alessandro Tavoni () and Doruk Ä°riÅŸ

Chapter 11 in Handbook on the Economics of Climate Change, 2020, pp 239-258 from Edward Elgar Publishing

Abstract: Once a tipping point for sufficient investments in low carbon technologies has been reached, and constituencies with stakes in the nascent markets have formed, standard economic forces will sustain the transition to a carbon-neutral economy. We will review some of the recent literature that provides clues about when such reinforcing dynamics take place. In doing so, we will come across related concepts, such as diffusion and feedback. Importantly, given the wide scientific uncertainties surrounding the location of the thresholds, we will discuss the role of expectations and argue that reference points are crucial for supporting cooperation. Intuitively, under uncertainty asymmetries about views on the expected losses from climate change are as important as differences in objective (but elusive) vulnerabilities.

Keywords: Economics and Finance; Environment (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9780857939050/9780857939050.00018.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
Working Paper: Tipping and reference points in climate change games (2016)
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:elg:eechap:14656_11

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().