Worst-Case Economics

Extreme Events in Climate and Finance

Business & Finance, Economics, Theory of Economics
Cover of the book Worst-Case Economics by Frank Ackerman, Anthem Press
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Author: Frank Ackerman ISBN: 9781783087099
Publisher: Anthem Press Publication: October 23, 2017
Imprint: Anthem Press Language: English
Author: Frank Ackerman
ISBN: 9781783087099
Publisher: Anthem Press
Publication: October 23, 2017
Imprint: Anthem Press
Language: English

Worst-case scenarios are all too real, and all too common. The financial crisis of 2008 was not the first or the last to destroy jobs, homeownership and the savings of millions of people. Hurricanes clobber communities from New York to Bangladesh. How bad will the next catastrophe be, and how soon will it happen?

Climate and financial crises are serious events, requiring vigorous responses. Yet public policy is trapped in an obsolete framework, with a simplistic focus on average or likely outcomes rather than dangerous extremes. What would it take to create better analyses of extreme events in climate and finance, and an appropriate policy framework for worst-case risks? ‘Worst-Case Economics: Extreme Events in Climate and Finance’ offers accessible and surprising answers to these crucial questions.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Worst-case scenarios are all too real, and all too common. The financial crisis of 2008 was not the first or the last to destroy jobs, homeownership and the savings of millions of people. Hurricanes clobber communities from New York to Bangladesh. How bad will the next catastrophe be, and how soon will it happen?

Climate and financial crises are serious events, requiring vigorous responses. Yet public policy is trapped in an obsolete framework, with a simplistic focus on average or likely outcomes rather than dangerous extremes. What would it take to create better analyses of extreme events in climate and finance, and an appropriate policy framework for worst-case risks? ‘Worst-Case Economics: Extreme Events in Climate and Finance’ offers accessible and surprising answers to these crucial questions.

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