FEEM Re3: “Climate Change Impacts and Limited Market-driven Adaptation”
Meno di un minuto
This article by FEEM researchers Francesco Bosello and Ramiro Parrado addresses one specific criticism that can be raised against economic climate change impact assessments conducted with Computable General Equilibrium models: that of overly optimistic assumptions about markets’ ability to react to climate change induced shocks, i.e. market-driven adaptation.
Review of Environment, Energy and Economics – Re3