People versus planners: Social Preferences for Adaptation to Climate Change

Leo Dobes ()

Environmental Economics Research Hub Research Reports from Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University

Abstract: Increasing attention is being given to adaptation of natural and human systems to climate change. The academic literature covers a wide spectrum of perspectives. Policy considerations, on the other hand, are driven largely by techno-scientific considerations, including in particular a risk-management approach. However, the inherent uncertainties of climate change mean that conventional risk-management approaches are inappropriate because the risks cannot be quantified. Economic theory, in the form of ‘real options’, offers a conceptual alternative for specifying least-cost adaptation strategies. But little, if any, work has been undertaken to identify individuals’ preferences and priorities, a necessary precondition to estimating the benefits of adaptation measures. It is therefore proposed to identify and compare the priorities and preferences of planners, communities and individuals as a first step towards estimating individuals’ willingness to pay for adaptation measures.

Date: 2009-12
New Economics Papers: this item is included in nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://crawford.anu.edu.au/research_units/eerh/pdf/EERH_RR41.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
Working Paper: People versus planners: Social Preferences for Adaptation to Climate Change (2009)
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:een:eenhrr:0941

Access Statistics for this paper

More papers in Environmental Economics Research Hub Research Reports from Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University Contact information at EDIRC.
Bibliographic data for series maintained by CAP Web Team ().