메뉴 건너뛰기




Volumn 110, Issue 3-4, 2012, Pages 575-595

The bias of integrated assessment models that ignore climate catastrophes

Author keywords

[No Author keywords available]

Indexed keywords

CATASTROPHIC EVENT; CLIMATE SCIENTISTS; INTEGRATED ASSESSMENT MODELS; RISK PREMIUM; SOCIETAL RISKS;

EID: 84856229098     PISSN: 01650009     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10584-011-0140-7     Document Type: Article
Times cited : (18)

References (38)
  • 2
    • 67650221268 scopus 로고    scopus 로고
    • Risk aversion, time preference, and the social cost of carbon
    • April-June 2009
    • Anthoff D, Tol R, Yohe G (2009) Risk aversion, time preference, and the social cost of carbon. Environ Res Lett 4, April-June 2009.
    • (2009) Environ Res Lett , vol.4
    • Anthoff, D.1    Tol, R.2    Yohe, G.3
  • 3
    • 58149374387 scopus 로고    scopus 로고
    • Uncertainty and assessment of the issues posed by urgent climate change: an editorial comment
    • Baer P, Risbey J (2009) Uncertainty and assessment of the issues posed by urgent climate change: an editorial comment. Climc Change 92: 31-36.
    • (2009) Climc Change , vol.92 , pp. 31-36
    • Baer, P.1    Risbey, J.2
  • 4
    • 4344674622 scopus 로고    scopus 로고
    • Risks for the long run: a potential resolution of asset pricing puzzles
    • Bansal R, Yaron A (2004) Risks for the long run: a potential resolution of asset pricing puzzles. J Finance 59(4).
    • (2004) J Finance , vol.59 , Issue.4
    • Bansal, R.1    Yaron, A.2
  • 6
    • 0001099198 scopus 로고    scopus 로고
    • Preference parameters and behavioral heterogeneity: an experimental approach in the health and retirement study
    • Barsky R, Juster F, Kimball M, Shapiro M (1997) Preference parameters and behavioral heterogeneity: an experimental approach in the health and retirement study. Q J Econ 112(2): 537-579.
    • (1997) Q J Econ , vol.112 , Issue.2 , pp. 537-579
    • Barsky, R.1    Juster, F.2    Kimball, M.3    Shapiro, M.4
  • 7
    • 35349025744 scopus 로고    scopus 로고
    • Commentary: the Stern review's economics of climate change
    • Dasgupta P (2007) Commentary: the Stern review's economics of climate change. Natl Inst Econ Rev 2007(199): 4.
    • (2007) Natl Inst Econ Rev , vol.2007 , Issue.199 , pp. 4
    • Dasgupta, P.1
  • 8
    • 84856220103 scopus 로고    scopus 로고
    • Environmental Protection Agency: Economic Analyses (July 30), available online at
    • Environmental Protection Agency: Economic Analyses (July 30, 2009). (available online at: http://www. epa. gov/climatechange/economics/economicanalyses. html#wax).
    • (2009)
  • 9
    • 0000842941 scopus 로고
    • Substitution, risk aversion, and the temporal behavior of consumption and asset returns: a theoretical framework
    • Epstein L, Zin S (1989) Substitution, risk aversion, and the temporal behavior of consumption and asset returns: a theoretical framework. Econometrica 57(4): 937-969.
    • (1989) Econometrica , vol.57 , Issue.4 , pp. 937-969
    • Epstein, L.1    Zin, S.2
  • 10
    • 76149093822 scopus 로고    scopus 로고
    • An updated assessment of the risks from climate change based on research published since the IPCC Fourth Assessment Report
    • Fussel HM (2009) An updated assessment of the risks from climate change based on research published since the IPCC Fourth Assessment Report. Clim Change 97: 469-482.
    • (2009) Clim Change , vol.97 , pp. 469-482
    • Fussel, H.M.1
  • 11
    • 4043181349 scopus 로고    scopus 로고
    • Risk aversion, intergenerational equity and climate change
    • Ha-Duong M, Treich N (2004) Risk aversion, intergenerational equity and climate change. Environ Resourc Econ 28: 195-207.
    • (2004) Environ Resourc Econ , vol.28 , pp. 195-207
    • Ha-Duong, M.1    Treich, N.2
  • 12
    • 0039738138 scopus 로고    scopus 로고
    • Demography of risk aversion
    • Halek M, Eisenhauer J (2001) Demography of risk aversion. J Risk Insur 68(1).
    • (2001) J Risk Insur , vol.68 , Issue.1
    • Halek, M.1    Eisenhauer, J.2
  • 13
    • 84856227466 scopus 로고    scopus 로고
    • G-8 Failure Reflects U. S. Failure on Climate Change
    • July 24, available online at
    • Hansen J (July 24, 2009) G-8 Failure Reflects U. S. Failure on Climate Change. The Huffington Post (available online at: http://www. huffingtonpost. com/dr-james-hansen/g-8-failure-reflects-us-f_b_228597. html).
    • (2009) The Huffington Post
    • Hansen, J.1
  • 14
    • 71349084876 scopus 로고    scopus 로고
    • The economics of climate change: a post-stern perspective
    • Heal G (2009) The economics of climate change: a post-stern perspective. Clim Change 96: 275-297.
    • (2009) Clim Change , vol.96 , pp. 275-297
    • Heal, G.1
  • 15
  • 16
    • 78650918833 scopus 로고    scopus 로고
    • Interagency Working Group on Social Cost of Carbon, United States Government, (Under Executive Order 12866). February 2010
    • Interagency Working Group on Social Cost of Carbon, United States Government (2010) Technical Support Document: Social Cost of Carbon for Regulatory Impact Analysis (Under Executive Order 12866). February 2010.
    • (2010) Technical Support Document: Social Cost of Carbon for Regulatory Impact Analysis
  • 19
    • 24144470766 scopus 로고    scopus 로고
    • The value of a statistical life and the coefficient of relative risk aversion
    • Kaplow L (2005) The value of a statistical life and the coefficient of relative risk aversion. J Risk Uncertainty 31(1).
    • (2005) J Risk Uncertainty , vol.31 , Issue.1
    • Kaplow, L.1
  • 20
    • 0030620010 scopus 로고    scopus 로고
    • Assessing the DICE model: uncertainty associated with the emission and retention of greenhouse gases
    • Kaufmann (1997) Assessing the DICE model: uncertainty associated with the emission and retention of greenhouse gases. Climc Change 35: 435-448.
    • (1997) Climc Change , vol.35 , pp. 435-448
    • Kaufmann1
  • 21
    • 0036809886 scopus 로고
    • Production, growth and business cycles: technical appendix
    • King R, Plosser C, Rebelo S (1990) Production, growth and business cycles: technical appendix. Comput Econ 20: 87-116.
    • (1990) Comput Econ , vol.20 , pp. 87-116
    • King, R.1    Plosser, C.2    Rebelo, S.3
  • 22
    • 0000737101 scopus 로고
    • Stationary ordinal utility and impatience
    • Koopmans T (1960) Stationary ordinal utility and impatience. Econometrica 28(2): 287-309.
    • (1960) Econometrica , vol.28 , Issue.2 , pp. 287-309
    • Koopmans, T.1
  • 23
    • 0001072531 scopus 로고
    • Temporal resolution of uncertainty and dynamic choice theory
    • Kreps D, Porteus E (1978) Temporal resolution of uncertainty and dynamic choice theory. Econometrica 46(1): 185-200.
    • (1978) Econometrica , vol.46 , Issue.1 , pp. 185-200
    • Kreps, D.1    Porteus, E.2
  • 26
    • 70349535692 scopus 로고    scopus 로고
    • Cowles Foundation Discussion Paper, No. 1686, Yale University
    • Nordhaus W (2009) An analysis of the dismal theorem. Cowles Foundation Discussion Paper, No. 1686, Yale University.
    • (2009) An analysis of the dismal theorem
    • Nordhaus, W.1
  • 27
    • 0032370371 scopus 로고    scopus 로고
    • Substitution, risk aversion, taste shocks and equity premia
    • Normandin M, St. Amour P (1998) Substitution, risk aversion, taste shocks and equity premia. J Appl Econometrics 13(3): 265-281.
    • (1998) J Appl Econometrics , vol.13 , Issue.3 , pp. 265-281
    • Normandin, M.1    St. Amour, P.2
  • 28
    • 0000530510 scopus 로고    scopus 로고
    • Decreasing relative risk aversion and tests of risk sharing
    • Ogaki M (2001) Decreasing relative risk aversion and tests of risk sharing. Econometrica 69(2).
    • (2001) Econometrica , vol.69 , Issue.2
    • Ogaki, M.1
  • 29
    • 0030527050 scopus 로고    scopus 로고
    • Does the degree of relative risk aversion vary with household characteristics?
    • Palsson A (1996) Does the degree of relative risk aversion vary with household characteristics? J Econ Psychol 17(6).
    • (1996) J Econ Psychol , vol.17 , Issue.6
    • Palsson, A.1
  • 30
    • 0030302191 scopus 로고
    • PAGE1995: An updated valuation of the impacts of global warming
    • Plambeck E, Hope C (1995) PAGE1995: An updated valuation of the impacts of global warming. Energy Policy 24(9): 783-796.
    • (1995) Energy Policy , vol.24 , Issue.9 , pp. 783-796
    • Plambeck, E.1    Hope, C.2
  • 31
    • 77953756438 scopus 로고    scopus 로고
    • Uncertainty and climate change policy
    • Quiggin J (2008) Uncertainty and climate change policy. Econ Anal Pol 38(2).
    • (2008) Econ Anal Pol , vol.38 , Issue.2
    • Quiggin, J.1
  • 32
    • 0001131206 scopus 로고
    • A mathematical theory of saving
    • Ramsey FP (1928) A mathematical theory of saving. Econ J 38(152): 543-559.
    • (1928) Econ J , vol.38 , Issue.152 , pp. 543-559
    • Ramsey, F.P.1
  • 34
    • 0032759573 scopus 로고    scopus 로고
    • Climate change policy: quantifying uncertainties for damages and optimal carbon taxes
    • Roughgarden T, Schneider S (1999) Climate change policy: quantifying uncertainties for damages and optimal carbon taxes. Energy Policy 27: 415-429.
    • (1999) Energy Policy , vol.27 , pp. 415-429
    • Roughgarden, T.1    Schneider, S.2
  • 35
    • 13844255156 scopus 로고    scopus 로고
    • The marginal damage cost of carbon dioxide emissions: an assessment of the uncertainties
    • Tol R (2005) The marginal damage cost of carbon dioxide emissions: an assessment of the uncertainties. Energy Policy 33: 2064-2074.
    • (2005) Energy Policy , vol.33 , pp. 2064-2074
    • Tol, R.1
  • 36
    • 69649097412 scopus 로고    scopus 로고
    • On modeling and interpreting the economics of catastrophic climate change
    • Weitzman M (2009a) On modeling and interpreting the economics of catastrophic climate change. Rev Econ Stat 91(1): 1-19.
    • (2009) Rev Econ Stat , vol.91 , Issue.1 , pp. 1-19
    • Weitzman, M.1
  • 37
    • 69649098392 scopus 로고    scopus 로고
    • (available online at)
    • Weitzman M (2009b) Reactions to the Nordhaus Critique. (available online at: http://environment. harvard. edu/docs/facultypubs/weitzmanreactions. pdf).
    • (2009) Reactions to the Nordhaus Critique
    • Weitzman, M.1
  • 38
    • 70349984576 scopus 로고    scopus 로고
    • Toward an integrated framework derived from a risk-management approach to climate change: an editorial comment
    • Yohe G (2009) Toward an integrated framework derived from a risk-management approach to climate change: an editorial comment. Clim Change 95: 325-339.
    • (2009) Clim Change , vol.95 , pp. 325-339
    • Yohe, G.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.