All pages with keywords: economic models

A Nobel Prize for the creator of an economic model that underestimates the risks of climate change

a commentary by Bob Ward 2 January, 2019

The 2018 Nobel Prize for Economics has focused a spotlight on the ongoing controversy surrounding estimates of the potential impacts of climate change. On 8 October, The Royal Swedish Academy … read more »


Public economics as if time matters: Climate change and the dynamics of policy

Public economics as if time matters: Climate change and the dynamics of policy

a research article by Nicholas Stern 28 June, 2018

Tony Atkinson played a crucial role in shaping modern public economics, but throughout his life challenged whether we were making the right assumptions and were building models which captured … read more »


Economic models significantly underestimate climate change risks

Press release 3 June, 2018

Policymakers are being misinformed by the results of economic models that underestimate the future risks of climate change impacts, according to a new journal paper by authors in the United … read more »