The economics of avoiding dangerous climate change. An editorial essay on The Stern Review

@article{Barker2008TheEO,
  title={The economics of avoiding dangerous climate change. An editorial essay on The Stern Review},
  author={T. Barker},
  journal={Climatic Change},
  year={2008},
  volume={89},
  pages={173-194}
}
  • T. Barker
  • Published 17 June 2008
  • Economics
  • Climatic Change
The problem of avoiding dangerous climate change requires analysis from many disciplines. Mainstream economic thinking about the problem has shifted with the Stern Review from a single-discipline focus on cost-benefit analysis to a new inter-disciplinary and multi-disciplinary risk analysis, already evident in the IPCC Third Assessment Report. This shift is more evidence of the failure of the traditional, equilibrium approach in general to provide an adequate understanding of observed behaviour… Expand
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