{"id":8327,"date":"2014-05-19T13:01:44","date_gmt":"2014-05-19T13:01:44","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?page_id=8327"},"modified":"2014-05-28T15:10:50","modified_gmt":"2014-05-28T15:10:50","slug":"welfare-economics-ethics-and-equity","status":"publish","type":"page","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/research\/welfare-economics-ethics-and-equity\/","title":{"rendered":"Welfare economics, ethics, and equity"},"content":{"rendered":"\n

This topic deals with the ethical foundations of economic analysis of climate policy.  Key questions include: How should our policy choices reflect concern for the well-being of future generations, are the standard welfare concepts used in economics appropriate for the climate problem, and if not, which alternatives might provide a more satisfactory basis for decision-making?<\/p>\n

Publications<\/strong><\/p>\n

Heal, G., and Millner, A., 2014. Agreeing to disagree on climate policy<\/em>.Proceedings of the National Academy of Sciences of the United States of America.External link to paper<\/path><\/svg><\/a><\/p>\n

Millner, A., 2013. On welfare frameworks and catastrophic climate risks. Journal of Environmental Economics and Management<\/em>, 65 (2), pp.310-325. External link to paper<\/path><\/svg><\/a><\/p>\n

Stern, N., 2013. The structure of economic modeling of the potential impacts of climate change: grafting gross underestimation of risk onto already narrow science models. Journal of Economic Literature, 51 (3), pp.838-859. External link to paper<\/path><\/svg><\/a><\/p>\n\n","protected":false},"excerpt":{"rendered":"\n

This topic deals with the ethical foundations of economic analysis of climate policy.  Key questions include: How should our policy…<\/p>\n\n","protected":false},"author":12,"featured_media":0,"parent":532,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"topic_area":[],"class_list":["post-8327","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nWelfare economics, ethics, and equity - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/research\/welfare-economics-ethics-and-equity\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Welfare economics, ethics, and equity - 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