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Fankhauser, Samuel, Tol, Richard S J and Pearce, David W (1998) Extensions and alternatives to climate change impact valuation: On the critique of IPCC Working Group III's impact estimates. Environment and Development Economics, 3 (1). pp. 59-81. ISSN 1355-770X
Full text not available from this repository.Abstract
The paper discusses valuation issues in the context of climate change impact estimation. Issues addressed are aggregation of damage costs over diverse regions (particularly equity-weighting), differentiation of per-unit values, willingness to pay versus willingness to accept compensation as a basis for valuation, and accountability for impacts. Numerical illustrations show that the damage cost estimates are quite sensitive to the assumptions made on these issues.
| Item Type: | Article |
|---|---|
| Schools and Departments: | School of Business, Management and Economics > Economics |
| Subjects: | H Social Sciences > HB Economic theory. Demography |
| Related URLs: | |
| Depositing User: | Richard Tol |
| Date Deposited: | 23 Apr 2012 09:50 |
| Last Modified: | 30 Nov 2012 17:12 |
| URI: | http://srodev.sussex.ac.uk/id/eprint/38399 |