Expected Utility Theory And The Tyranny Of Catastrophic Risks
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Author | : Graciela Chichilnisky |
Publisher | : Springer |
Total Pages | : 640 |
Release | : 2017-05-18 |
Genre | : Business & Economics |
ISBN | : 3319319434 |
This is the first book combining research on the Global Environment, Catastrophic Risks and Economic Theory and Policy. Modern economic theory originated in the middle of the twentieth century when industrial expansion coupled with population growth led to a voracious use of natural resources and global environmental concerns. It is uncontested that, for the first time in recorded history, humans dominate the planet, changing the planet's atmosphere, its bodies of water, and the complex web of species that makes life on earth. This radical change in circumstances led to rethinking of the foundations of human organization and, in particular, the industrial economy and the economic theory behind it. This book brings together new approaches on multiple levels: environmental sustainability requires rethinking in terms of economic theory and policy as well as the considerations of catastrophic risk and extremal events. Leading experts address questions of economic governance, risk management, policy decision making and distribution across time and space.
Author | : Frank Ackerman |
Publisher | : Anthem Press |
Total Pages | : 210 |
Release | : 2017-10-23 |
Genre | : Business & Economics |
ISBN | : 1783087080 |
Worst-case scenarios are all too real, and all too common. The financial crisis of 2008 was not the first or the last to destroy jobs, homeownership and the savings of millions of people. Hurricanes clobber communities from New York to Bangladesh. How bad will the next catastrophe be, and how soon will it happen? Climate and financial crises are serious events, requiring vigorous responses. Yet public policy is trapped in an obsolete framework, with a simplistic focus on average or likely outcomes rather than dangerous extremes. What would it take to create better analyses of extreme events in climate and finance, and an appropriate policy framework for worst-case risks? ‘Worst-Case Economics: Extreme Events in Climate and Finance’ offers accessible and surprising answers to these crucial questions.
Author | : Frank Ackerman |
Publisher | : Routledge |
Total Pages | : 193 |
Release | : 2013 |
Genre | : Business & Economics |
ISBN | : 041563718X |
Climate science paints a bleak picture: The continued growth of greenhouse gas emissions is increasingly likely to cause irreversible and catastrophic effects. Urgent action is needed to prepare for the initial rounds of climatic change, which are already unstoppable. While the opportunity to avert all climate damage has now passed, well-designed mitigation and adaptation policies, if adopted quickly, could still greatly reduce the likelihood of the most tragic and far-reaching impacts of climate change. Climate economics is the bridge between science and policy, translating scientific predictions about physical systems into projections about economic growth and human welfare that decision makers can most readily use but it has too often consisted of an overly technical, academic approach to the problem. Getting climate economics right is not about publishing the cleverest article of the year but rather about helping solve the dilemma of the century. The tasks ahead are daunting, and failure, unfortunately, is quite possible. Better approaches to climate economics will allow economists to be part of the solution rather than part of the problem. This book analyzes potential paths for improvement.
Author | : |
Publisher | : ScholarlyEditions |
Total Pages | : 1122 |
Release | : 2013-05-01 |
Genre | : Science |
ISBN | : 149010920X |
Issues in Ecological Research and Application: 2013 Edition is a ScholarlyEditions™ book that delivers timely, authoritative, and comprehensive information about Molecular Ecology. The editors have built Issues in Ecological Research and Application: 2013 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Molecular Ecology in this book to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in Ecological Research and Application: 2013 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.
Author | : Frank Ackerman |
Publisher | : Anthem Press |
Total Pages | : 285 |
Release | : 2015-03-15 |
Genre | : Business & Economics |
ISBN | : 1783084294 |
Ambitious measures to reduce carbon emissions are all too rare in reality, impeded by economic and political concerns rather than technological advances. In this timely collection of essays, Frank Ackerman and Elizabeth A. Stanton show that the impact of inaction on climate change will be far worse than the cost of ambitious climate policies.
Author | : Intergovernmental Panel on Climate Change (IPCC) |
Publisher | : Cambridge University Press |
Total Pages | : 1150 |
Release | : 2014-12-29 |
Genre | : Science |
ISBN | : 1316240347 |
This latest Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) will again form the standard reference for all those concerned with climate change and its consequences, including students, researchers and policy makers in environmental science, meteorology, climatology, biology, ecology, atmospheric chemistry and environmental policy.
Author | : Christopher B. Field |
Publisher | : Cambridge University Press |
Total Pages | : 1149 |
Release | : 2014-12-29 |
Genre | : Business & Economics |
ISBN | : 1107058074 |
This latest Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) will again form the standard reference for all those concerned with climate change and its consequences, including students, researchers and policy makers in environmental science, meteorology, climatology, biology, ecology, atmospheric chemistry and environmental policy.
Author | : Wim Naudé |
Publisher | : Cambridge University Press |
Total Pages | : 377 |
Release | : 2024-05-31 |
Genre | : Business & Economics |
ISBN | : 1009483080 |
Provides essential economic tools to think about the impact of Artificial Intelligence on society, both over the short-and long term.
Author | : Brent M. Haddad |
Publisher | : Edward Elgar Publishing |
Total Pages | : 619 |
Release | : 2023-02-14 |
Genre | : Business & Economics |
ISBN | : 1788974913 |
This comprehensive Dictionary brings together an extensive range of definitive terms in ecological economics. Assembling contributions from distinguished scholars, it provides an intellectual map to this evolving subject ranging from the practical to the philosophical.
Author | : David E. Bell |
Publisher | : Thomson South-Western |
Total Pages | : 228 |
Release | : 1995 |
Genre | : Business & Economics |
ISBN | : |
These authors draw on nearly 50 years of combined teaching and consulting experience to give readers a straightforward yet systematic approach for making estimates about the likelihood and consequences of future events -- and then using those assessments to arrive at sound decisions. The book's real-world cases, supplemented with expository text and spreadsheets, help readers master such techniques as decision trees and simulation, such concepts as probability, the value of information, and strategic gaming; and such applications as inventory stocking problems, bidding situations, and negotiating.