Weitzman, Martin L. - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-39, pp. 1-29
This paper in applied theory argues that there is a loose chain of reasoning connecting the following three basic links in the economics of climate change: 1) additive disutility damages may be appropriate for analyzing some impacts of global warming; 2) an uncertain feedback-forcing...