The Need for Multiple Types of Information to Inform Climate Change Assessment
19 Pages Posted: 20 Apr 2016
Date Written: November 1, 2014
Information on ecosystem characteristics as well as economic statistics is needed to more fully inform decision makers on the impacts of climate change on human well-being. Climate change risks involve potentially large and irreversible as well as highly uncertain impacts that need to be evaluated with information that complements cost-benefit analysis. Information on the irreversibility of impacts also is relevant for evaluating implications for intergenerational equity. In addition, climate change is subject to a large degree of Knightian uncertainty, making it useful to understand how individuals perceive and evaluate climate change risks.
Keywords: Science of Climate Change, Climate Change and Environment, Climate Change and Health
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