scholarly journals Core Concept: Integrated assessment climate policy models have proven useful, with caveats

2021 ◽  
Vol 118 (9) ◽  
pp. e2101899118
Author(s):  
Gayathri Vaidyanathan
2015 ◽  
Vol 90 ◽  
pp. 45-61 ◽  
Author(s):  
Elmar Kriegler ◽  
Nils Petermann ◽  
Volker Krey ◽  
Valeria Jana Schwanitz ◽  
Gunnar Luderer ◽  
...  

2012 ◽  
Vol 03 (01) ◽  
pp. 1250004 ◽  
Author(s):  
ALEXANDER LORENZ ◽  
ELMAR KRIEGLER ◽  
HERMANN HELD ◽  
MATTHIAS G. W. SCHMIDT

We investigate the importance of explicitly accounting for uncertainty in the determination of optimal global climate policy. We demonstrate that the marginal risk premium determines the importance of adapting the optimal policy to uncertainty. Common integrated assessment models (IAM) of climate change suggest uncertainty has little effect because the marginal risk premium in these models is small. A rigorous investigation of the marginal risk premium and the marginal functional relationships within IAMs allows understanding the non-significance of (thin-tailed) uncertainty as a result of compensating factors in the climate cause-effect chain.


2018 ◽  
Vol 8 (5) ◽  
pp. 350-352 ◽  
Author(s):  
Alexander R. Barron
Keyword(s):  

2013 ◽  
Vol 19 (2) ◽  
pp. 85-98 ◽  
Author(s):  
Carlo Carraro ◽  
Enrica De Cian ◽  
Massimo Tavoni

2018 ◽  
Vol 72 (1) ◽  
pp. 77-108 ◽  
Author(s):  
Frederick van der Ploeg ◽  
Armon Rezai

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