Worst-case economics : extreme events in climate and finance /

In both climate change and financial crises, worst-case scenarios and disastrous risks are inescapable. Yet public policy often focuses on average or likely outcomes, minimizing the danger of extreme events. 'Worst-Case Economics: Extreme Events in Climate and Finance' explores the underly...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Ackerman, Frank (Author)
Format: Electronic eBook
Language:Inglés
Published: London : Anthem Press, 2017.
Series:Anthem frontiers of global political economy.
Subjects:
Disasters > Economic aspects.
Natural disasters > Economic aspects.
Financial crises > Economic aspects.
Climatic changes > Economic aspects.
Risk management.
Catastrophes > Aspect économique.
Catastrophes naturelles > Aspect économique.
Climat > Changements > Aspect économique.
Gestion du risque.
risk management.
BUSINESS & ECONOMICS > Infrastructure.
SOCIAL SCIENCE > General.
POLITICAL SCIENCE > Public Policy > Economic Policy.
Online Access:Texto completo
Table of Contents:
  • Introduction
  • Steam-engine economics
  • Beyond homo economicus
  • Big and dirty
  • Pictures of improbability
  • Trillions, or only hundreds?
  • Zipf's law and other stories
  • Ants and traders
  • Too big to ignore
  • Climate tipping points and known unknowns
  • Predators and prey
  • Good enough for government work
  • Fat tails and the failure of forecasting
  • Misunderstanding risk
  • Who won World War II?
  • Conclusion.

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