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9 - Climate Planning with Uncertainty in Climate Modeling and Intergenerational Discounting

from Part II - Analyses of Planning Problems

Published online by Cambridge University Press:  02 January 2025

Charles F. Manski
Charles F. Manski
Affiliation:
Northwestern University, Illinois
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Summary

I first describe how the physical-science and economics literatures have sought to cope with uncertainty about the correct climate model and discount rate, respectively. I next formalize MMR policy choice in an abstract manner. I then present the computational model studied in my research and summarize the main findings.

Keywords

climate modelingthe discount rateminimax regret climate policy
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Chapter
Information
Discourse on Social Planning under Uncertainty , pp. 196 - 211
Publisher: Cambridge University Press
Print publication year: 2025

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