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Climate change poses many new risks to people in the developing world. Unlike in standard choice under uncertainty problems, the risks from climate change are both ambiguous and non-stationary. We examine climate projections concerning what scenarios are most likely to unfold. We explore how...
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This paper explores the challenges and opportunities that government officials face in designing coherent ‘rules of the game’ for achieving urban sustainability during times of growth. Sustainability is judged by three criteria. The first involves elements of day-to-day quality of life, such...
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