Skip navigation
Skip navigation

Uncertainty and International Climate Change Negotiations

Cai, Yiyong; McKibbin, Warwick

Description

Because issues associated with climate change are historically unprecedented and thus policymakers do not have a prior distribution over possible outcomes, the usual theoretical approach based on governments maximizing expected utility may not be suitable for analysing climate policy choice. Under an alternative plausible assumption that policymakers act strategically but choose the policy that incurs the highest possible gain in theworst-case scenario, this paper shows howcollectivism...[Show more]

CollectionsANU Research Publications
Date published: 2015
Type: Journal article
URI: http://hdl.handle.net/1885/54496
Source: Italian Economic Journal
DOI: 10.1007/s40797-015-0010-y

Download

File Description SizeFormat Image
01_Cai_Uncertainty_and_International_2015.pdf627.57 kBAdobe PDF    Request a copy
02_Cai_Uncertainty_and_International_2015.pdf622.92 kBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  19 May 2020/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator