{"id":4271,"date":"2013-10-01T09:48:20","date_gmt":"2013-10-01T09:48:20","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&p=4271"},"modified":"2024-09-18T17:35:24","modified_gmt":"2024-09-18T16:35:24","slug":"is-there-space-for-agreement-on-climate-change-a-non-parametric-approach-to-policy-evaluation-working-paper-136","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/is-there-space-for-agreement-on-climate-change-a-non-parametric-approach-to-policy-evaluation-working-paper-136\/","title":{"rendered":"Is there space for agreement on climate change? A non-parametric approach to policy evaluation"},"content":{"rendered":"\n

Working Paper 136<\/h2>\n

Abstract<\/h3>\n

Economic evaluation of climate policy is notoriously dependent on assumptions about time and risk preferences, since reducing greenhouse gas emissions today has a highly uncertain pay-off, far into the future. These assumptions have always been much debated.<\/p>\n

Rather than occupy a position in this debate, we take a non-parametric approach here, based on the concept of Time-Stochastic Dominance. Using an integrated assessment model, we apply Time-Stochastic Dominance analysis to climate change, asking are there global emissions abatement targets that everyone who shares a broad class of time and risk preferences would agree to prefer?<\/p>\n

Overall we find that even tough emissions targets would be chosen by almost everyone, barring those with arguably `extreme’ preferences.<\/p>\n

Simon Dietz and Anca N. Matei<\/p>\n\n","protected":false},"excerpt":{"rendered":"\n

Working Paper 136 Abstract Economic evaluation of climate policy is notoriously dependent on assumptions about time and risk preferences, since…<\/p>\n\n","protected":false},"author":43,"featured_media":0,"template":"","tags":[214,872,479],"publication-type":[435],"topic_area":[4694],"class_list":["post-4271","publication","type-publication","status-publish","hentry","tag-discounting","tag-preferences","tag-time-stochastic","publication-type-working-papers","topic_area-policy-evaluation"],"acf":{"downloads":{"ref_value":"field_52f16cc1a80f2","value":["https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2013\/10\/Working-Paper-136-Dietz-and-Matei-2013-revised-October-2014.pdf"],"type":"download","post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["simon-dietz","anca-n-matei"],"type":"relationship","post_type":"profile"},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""},"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"show_translations_widget":{"ref_value":"field_6203d588c41e8","value":"0","type":false,"post_type":""}},"yoast_head":"\nIs there space for agreement on climate change? 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