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...
Cote: | Libro Electrónico |
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Auteur principal: | |
Format: | Électronique eBook |
Langue: | Inglés |
Publié: |
London :
Anthem Press,
2017.
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Collection: | Anthem frontiers of global political economy.
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Sujets: | |
Accès en ligne: | Texto completo |
Table des matières:
- 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.