The Climate Casino: Risk, Uncertainty, and Economics for a Warming World

@article{Repetto2014TheCC,
  title={The Climate Casino: Risk, Uncertainty, and Economics for a Warming World},
  author={Robert C. Repetto},
  journal={Journal of Occupational and Environmental Medicine},
  year={2014},
  volume={56}
}
  • R. Repetto
  • Published 1 May 2014
  • Economics
  • Journal of Occupational and Environmental Medicine
William Nordhaus’s Climate Casino and Gernot Wagner and Martin L. Weitzman’s Climate Shock are two outstanding pieces of economic analysis that powerfully call for citizens and world leaders to take action on climate change. Both books address three overriding questions: first, they explain why climate change is a pressing issue for the international community; second, they discuss when environmental interventions should be pursued; third, they prescribe suggestions for what those interventions… 

Rolling the Dice in the Corridors of Power: William Nordhaus's Impacts on Climate Change Policy

The seminal contributions of William Nordhaus to scholarship on the long-run macroeconomics of global climate change are clear. Much more challenging to identify are the impacts of Nordhaus and his

William Nordhaus: A disputable Nobel [Prize]? Externalities, climate change, and governmental action

  • Fabio Masini
  • Economics
    The European Journal of the History of Economic Thought
  • 2021
Abstract In 2018 William Nordhaus was awarded the Nobel Prize in economics for his contributions to the macroeconomics of climate change. Nevertheless, Nordhaus since the early 1970s was engaged in

Critique of Concepts about Systems and Time in William Nordhaus’s Research about Climate Change

Abstract: The purpose of this article is to analyze and critique two conceptual bases in the analysis by Nobel Prize economist William Nordhaus about the costs and gains of climate change. Simply

Climate Change and Economics 101: Teaching the Greatest Market Failure

In this paper, we explore how principles of economics courses prepare undergraduate students to think about climate change. We collected a comprehensive list of twenty-seven introductory economics

How the Invisible Hand is Supposed to Adjust the Natural Thermostat: A Guide for the Perplexed

This paper explores two axes of disagreement in climate economics: the first axis (“market vs. regulation”) measures faith in the invisible hand to adjust the natural thermostat, and the second axis expresses differences in views on the efficiency and equity implications of climate action.

Climate Change: Risky Business?

The recently released IPCC report states that climate change is unequivocal, unprecedented and anthropogenic in origin. Climate change is a three-pronged global externality with environmental,

Climate Change and the Macro-Economy: A Critical Review

Climatic factors can directly affect economic outcomes such as output, investment and productivity, and understanding the economic consequences of climate change is becoming a necessity not just for

Book Review—A Review of William Nordhaus' The Climate Casino: Risk, Uncertainty, and Economics for a Warming World

  • M. Weitzman
  • Environmental Science
    Review of Environmental Economics and Policy
  • 2015
We all know the basics of climate change. Human activity has greatly increased the atmospheric stock of greenhouse gases (GHGs), the most important of which, by far, is carbon dioxide (CO2). Once CO2

Chapter 4 The Atmosphere of Democracy : Knowledge and Political Action

  • Environmental Science
  • 2020
It is well known that in recent years, the scientific community’s consensus about man-made climate change has not only become more robust but that a number of recent studies point to far more

Ethics of the scientist qua policy advisor: inductive risk, uncertainty, and catastrophe in climate economics

Ethical issues surrounding Integrated Assessment Models of the economic effects of climate change are discussed, and how climate economists acting as policy advisors ought to represent the uncertain possibility of catastrophe is discussed.
...

References

SHOWING 1-6 OF 6 REFERENCES

The Climate Casino: Risk, Uncertainty, and Economics for a Warming World

The world's leading economic thinker on climate change analyzes the economics and politics of the central environmental issue of today and points the way to real solutions Climate change is

Environmental Accounting for Pollution in the United States Economy

This study presents a framework to include environmental externalities into a system of national accounts. The paper estimates the air pollution damages for each industry in the United States. An

Coastal flooding in the Northeastern United States due to climate change

With dense population and development along its coastline, the northeastern United States is, at present, highly vulnerable to coastal flooding. At five sea level stations in the United States, from

Coastal flooding in the NE U.S. due to climate change. Mitigation & Adaptation Strategies for Global Change

  • Coastal flooding in the NE U.S. due to climate change. Mitigation & Adaptation Strategies for Global Change
  • 2008

Coastal flooding in the NE U . S . due to climate change

  • Mitigation & Adaptation Strategies for Global Change
  • 2008

Economic and environmental impacts of climate change in Florida