Matches in SemOpenAlex for { <https://semopenalex.org/work/W2073369905> ?p ?o ?g. }
- W2073369905 abstract "Using a simple model designed for transparency but nonetheless calibrated to support the much-quoted damage estimates of the Stern Review of the Economics of Climate Change, we demonstrate significant sensitivity of those results to assumptions about the pure rate of time preference, the time horizon, and the rates of risk and equity aversion used to compute certainty- and equity-equivalent annuities. Most importantly, we demonstrate enormous sensitivity to presumed constant regional vulnerability and underlying assumptions about adaptive capacity. Manipulation of any of these parameters one at a time across reasonable ranges can diminish damage estimates by as much as 84% or, in the case of extending the time horizon with the Review's low discount rate, increase damage estimates by 900%. We also confirm the usual result that limiting atmospheric concentrations to specific benchmarks above 400 ppm cannot eliminate all damages. Nonetheless, we applaud the Stern Review author team for reconfirming that the climate problem can be approached productively as an economic problem whose solutions can be explored with the tools of decision analysis. © 2008 Elsevier Ltd. All rights reserved." @default.
- W2073369905 created "2016-06-24" @default.
- W2073369905 creator A5003917020 @default.
- W2073369905 creator A5056095914 @default.
- W2073369905 date "2009-03-01" @default.
- W2073369905 modified "2023-09-26" @default.
- W2073369905 title "The Stern Review: A deconstruction" @default.
- W2073369905 cites W1487524644 @default.
- W2073369905 cites W1509369269 @default.
- W2073369905 cites W1510574454 @default.
- W2073369905 cites W1510789014 @default.
- W2073369905 cites W1513058166 @default.
- W2073369905 cites W1516017706 @default.
- W2073369905 cites W1521663078 @default.
- W2073369905 cites W152440169 @default.
- W2073369905 cites W1530396058 @default.
- W2073369905 cites W1537611039 @default.
- W2073369905 cites W1548591269 @default.
- W2073369905 cites W1549679306 @default.
- W2073369905 cites W1555103421 @default.
- W2073369905 cites W1557223251 @default.
- W2073369905 cites W1565727247 @default.
- W2073369905 cites W1568765501 @default.
- W2073369905 cites W1571599359 @default.
- W2073369905 cites W1581064923 @default.
- W2073369905 cites W1583276246 @default.
- W2073369905 cites W1583339586 @default.
- W2073369905 cites W1588163201 @default.
- W2073369905 cites W1588646426 @default.
- W2073369905 cites W1590673052 @default.
- W2073369905 cites W1592827639 @default.
- W2073369905 cites W1594592679 @default.
- W2073369905 cites W1594616695 @default.
- W2073369905 cites W1599130245 @default.
- W2073369905 cites W1600432763 @default.
- W2073369905 cites W1606837480 @default.
- W2073369905 cites W174041661 @default.
- W2073369905 cites W174086655 @default.
- W2073369905 cites W1966796167 @default.
- W2073369905 cites W1971959487 @default.
- W2073369905 cites W1974108382 @default.
- W2073369905 cites W1983392945 @default.
- W2073369905 cites W1993989949 @default.
- W2073369905 cites W2009057626 @default.
- W2073369905 cites W2016615351 @default.
- W2073369905 cites W2022354499 @default.
- W2073369905 cites W2026456854 @default.
- W2073369905 cites W2029858508 @default.
- W2073369905 cites W2035072353 @default.
- W2073369905 cites W2035757940 @default.
- W2073369905 cites W2046220468 @default.
- W2073369905 cites W2050354434 @default.
- W2073369905 cites W2059765584 @default.
- W2073369905 cites W2063658609 @default.
- W2073369905 cites W208849816 @default.
- W2073369905 cites W2100647687 @default.
- W2073369905 cites W2101494585 @default.
- W2073369905 cites W2102634734 @default.
- W2073369905 cites W2103338027 @default.
- W2073369905 cites W2103504113 @default.
- W2073369905 cites W2106970442 @default.
- W2073369905 cites W2111118738 @default.
- W2073369905 cites W2112247819 @default.
- W2073369905 cites W2121061720 @default.
- W2073369905 cites W2121552191 @default.
- W2073369905 cites W2122066891 @default.
- W2073369905 cites W2122520893 @default.
- W2073369905 cites W2131031244 @default.
- W2073369905 cites W2145091824 @default.
- W2073369905 cites W2149745596 @default.
- W2073369905 cites W2156597554 @default.
- W2073369905 cites W2158877541 @default.
- W2073369905 cites W2161086952 @default.
- W2073369905 cites W2165585302 @default.
- W2073369905 cites W2167246018 @default.
- W2073369905 cites W2167984044 @default.
- W2073369905 cites W2168827660 @default.
- W2073369905 cites W2235432181 @default.
- W2073369905 cites W2239603645 @default.
- W2073369905 cites W2773365185 @default.
- W2073369905 cites W2776579521 @default.
- W2073369905 cites W2796265237 @default.
- W2073369905 cites W2993390164 @default.
- W2073369905 cites W3021705240 @default.
- W2073369905 cites W3121385722 @default.
- W2073369905 cites W3121495601 @default.
- W2073369905 cites W3121961143 @default.
- W2073369905 cites W3122318441 @default.
- W2073369905 cites W3122445245 @default.
- W2073369905 cites W3122865360 @default.
- W2073369905 cites W3123025925 @default.
- W2073369905 cites W3123135381 @default.
- W2073369905 cites W3123490914 @default.
- W2073369905 cites W3123997483 @default.
- W2073369905 cites W3124259883 @default.
- W2073369905 cites W3124404638 @default.
- W2073369905 cites W3124463709 @default.
- W2073369905 cites W3124997284 @default.
- W2073369905 cites W3125099036 @default.
- W2073369905 cites W3125440988 @default.