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Friday, July 10, 2020 | History

3 edition of Uncertainty in environmental economics found in the catalog.

Uncertainty in environmental economics

Robert S. Pindyck

Uncertainty in environmental economics

by Robert S. Pindyck

  • 321 Want to read
  • 31 Currently reading

Published by National Bureau of Economic Research in Cambridge, Mass .
Written in English

    Subjects:
  • Environmental policy -- Planning,
  • Environmental economics

  • Edition Notes

    StatementRobert S. Pindyck.
    SeriesNBER working paper series -- no. 12752., Working paper series (National Bureau of Economic Research) -- working paper no. 12752.
    ContributionsNational Bureau of Economic Research.
    The Physical Object
    Pagination28 p. ;
    Number of Pages28
    ID Numbers
    Open LibraryOL17631846M
    OCLC/WorldCa77076118

    Uncertainty and Environmental Decision Making: A Handbook of Research and Best Practice presents the state of the art in applying operations research and management science (OR/MS) techniques to a broad range of environmental decision making (EDM) challenges. Drawing on leading researchers in the field, it provides a guided tour of selected methods and tools to help deal with issues as climate. Scientific knowledge is the most solid and robust kind of knowledge that humans have because of the self-correcting character inherent in its own processes. Nevertheless, anti-evolutionists, climate denialists, and anti-vaxxers, among others, question some of the best-established scientific findings, making claims that are unsupported by empirical evidence.

    ments and labor decisions can only be understood completely if uncertainty is taken into account into the decision-making process. Environmental economics provides another illustration. Public opinion is now very sensitive to the presence of potentially catastrophic risks related, for example, to the greenhouse effect and genetic manipulations. Ecological economics, also known as bioeconomics of Georgescu-Roegen, ecolonomy, or eco-economics, is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economies and natural ecosystems, both intertemporally and spatially. By treating the economy as a subsystem of Earth's larger ecosystem, and by emphasizing .

      The public wants precision, and, for expositional purposes, an author like Nordhaus, who in this book is trying to simplify and elucidate the economics of climate change to a general audience, needs something that looks like precision. However, the economics of climate change is sufficiently uncertain that the desired precision is just not Cited by: 7. Environmental Economics is the first text to concentrate solely on environmental economics―the problems of earth, air, and water pollution from an economic perspective―with an emphasis on both government regulation and private-sector anti-pollution incentives. With the assumption that readers already have an understanding of intermediate microeconomics, the book reaches into more detail on /5(15).


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Uncertainty in environmental economics by Robert S. Pindyck Download PDF EPUB FB2

Environmental uncertainty is when conditions are constantly changing within a business environment. As Uncertainty in environmental economics book result, management has little influence over factors that are outside of the company’s.

This book is concerned with the need to deal adequately with uncertainty in environmental decision making. The author advances a critique of the use of traditional models and then develops an alternative model of decision making under uncertainty, based on the work of George by: Modeling Environment-Improving Technological Innovations under Uncertainty (Routledge Explorations in Environmental Economics Book 13) - Kindle edition by Golub, Alexander, Markandya, Anil.

Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Modeling Environment-Improving Technological Innovations Manufacturer: Routledge.

aspects of uncertainty in environmental economics, or the vast amount of recent and ongoing research on the topic. This is, after all, an article, not a book, and I have chosen to focus on those areas where I have a research interest, and where I believe some elucidation would be worthwhile.

The Uncertain Nature of Benefits and Costs. The environmental economics literature has also been concerned with the question of when irreversibility begins to matter in terms of affecting current decisions, even if there is uncertainty (e.g., Kolstad [ b] and Ulph and Ulph [ ]).

The short answer is that irreversibility will affect current decisions if it would constrain future Cited by: A. Randall, in Encyclopedia of Energy, Natural Resource, and Environmental Economics, Intellectual Diversity and Conformity among Environmental Economists.

Environmental economics is a kind of practical economics – its practitioners are trying mostly, I think, to do good in the world or at least that part of the world they can hope to influence. A selection of 15 papers by economists from advanced capitalist countries highlight the importance of a variety of types of uncertainty and irreversibility, explore implications for economic development and environmental policies, and describe natural resource management problems of Author: Justus Wesseler.

Get this from a library. Uncertainty in environmental economics. [Robert S Pindyck; National Bureau of Economic Research.] -- In a world of certainty, the design of environmental policy is relatively straightforward, and boils down to maximizing the present value.

Using a standard environmental and resource economics framework, this article parses several different forms of uncertainty and learning that are commonly considered in the literature. Environmental Economics is the first text to concentrate solely on environmental economics—the problems of earth, air, and water pollution from an economic perspective—with an emphasis on both government regulation and private-sector anti-pollution incentives.

With the assumption that readers already have an understanding of intermediate microeconomics, the book reaches into Brand: Oxford University Press.

The Garland Science website is no longer available to access and you have been automatically redirected to INSTRUCTORS. All instructor resources (*see Exceptions) are now available on our Instructor instructor credentials will not grant access to the Hub, but existing and new users may request access student resources previously.

In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological : Springer International Publishing.

This book explores some of the complexities of decision-making under risk and uncertainty in environmental and natural resource economics.

Risk and uncertainty are inherent problems for economists, and the authors in this volume offer numerous challenges and opportunities to improve the tools we use to assess these concepts. The Handbook of Environmental and Sustainable Finance summarizes the latest trends and attitudes in environmental finance, balancing empirical research with theory and applications.

It captures the evolution of environmental finance from a niche scholarly field to a mainstream subdiscipline, and it provides glimpses of future directions for.

Description. Environmental Economics introduces the student and the interested non-specialist alike to environmental problems and their economic impacts. This book assesses the economic importance of environmental degradation, analyses the economic causes of degradation and points to the design of economic incentives to slow, halt, or reverse it.

Environmental Uncertainty in organizations Environmental uncertainty can be a serious threat to the achievement of the set goals for an organization.

The type of the organization is never an issue when it comes to environmental uncertainty given that any type of organization can and is always faced with an uncertain period in its lifetime. Description. Environmental Economics is the first text to concentrate solely on environmental economics--the problems of earth, air, and water pollution from an economic perspective--with an emphasis on both government regulation and private-sector anti-pollution incentives.

With the assumption that readers already have an understanding of intermediate microeconomics, the book reaches into. The implications of uncertainty are complicated by the fact that most environmental policy problems involve highly nonlinear damage functions, important irreversibilities, and long time horizons.

Correctly incorporating uncertainty in policy design is therefore one of the more interesting and important research areas in environmental economics. Uncertainty Underground is the first effort to review the uncertainties in the analysis of the long-term performance of the proposed repository at Yucca Mountain.

The book does not pass judgment on the suitability of the site but provides reliable science-based information to. xiv ManagIng uncertaInty in more practical terms seemed overdue when this book was first commissioned.

By the time it was written the case was overwhelming. We wanted to use the research to explore three questions. First, how do business people define uncertainty.

– because precise definitions lead to concrete Size: KB. Natural Resource and Environmental Economics A catalogue record for this book is available from the British Library Library of Congress Cataloging-in-Publication Data of limited information and uncertainty Sustainability-based approaches to target setting and the.In the late s, the global economy also witnessed a rise in economic policy uncertainty due to the effects of Brexit, deceleration of growth in the Chinese economy, and President Trump's trade policy.

However, there is a lack of evidence around the effects of economic and policy uncertainty on environmental indicators.Economic and Environmental Risk and Uncertainty New Models and Methods. Editors: Nau, R., Grønn, E with applications to problems in environmental policy, public health, economics and finance.

Eighteen papers by distinguished economists, management scientists, and statisticians shed new light on phenomena such as the Allais and St.