Tag: 2006

The Economics of Inaction on Climate Change: A Sensitivity Analysis

By Frank Ackerman and Ian J. Finlayson. October 2006 Why do economic models of climate change so often find that the “optimal” policy is to do very little about this serious global threat? Frank Ackerman and Ian Finlayson examine the widely used DICE model, focusing on its choice of a discount rate, its somewhat dated […]

The Economics of Inaction on Climate Change: A Sensitivity Analysis

Climate Policy, volume 6 no. 5 (2006), pp.509-526. by Frank Ackerman and Ian Finlayson (Despite the nominal publication date, this first appeared in print in mid-2007.) Visit Climate Policy Why do economic models of climate change so often find that the “optimal” policy is to do very little about this serious global threat? Frank Ackerman […]

Economics for Humans

By Julie A. Nelson Cloth, $16.00 The University of Chicago Press, 2006 “Can be read for pleasure and enlightenment by economists and non-economists alike.”— The Times Literary Supplement Order from University of Chicago Press Summary: Is it asking too much to demand that businesses be socially and environmentally responsible? When child care and elder care are […]