Complexity, climate change and the precautionary principle

John Quiggin

No 152089, Risk and Sustainable Management Group Working Papers from University of Queensland, School of Economics

Abstract: The precautionary principle has been proposed as a basis making decisions about environmental health under conditions of uncertainty, but remains controversial. This paper shows how the precautionary principle may be interpreted as a guide to decision making in complex systems characterised by unfavorable surprises. The application of the precautionary principle to the problem of climate change is discussed.

Keywords: Environmental Economics and Policy; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 15
Date: 2007
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Citations: View citations in EconPapers (3)

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Working Paper: Complexity, Climate Change and the Precautionary Principle
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uqsers:152089

DOI: 10.22004/ag.econ.152089

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