Worst-Case Economics

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  • Worst-Case Economics Book Detail

  • Author : Frank Ackerman
  • Release Date : 2017-10-23
  • Publisher : Anthem Press
  • Genre : Business & Economics
  • Pages : 210
  • ISBN 13 : 1783087080
  • File Size : 48,48 MB

Worst-Case Economics by Frank Ackerman PDF Summary

Book Description: 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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Worst-Case Economics

Worst-Case Economics

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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 sav

Worst-Case Scenarios

Worst-Case Scenarios

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Nuclear bombs in suitcases, anthrax bacilli in ventilators, tsunamis and meteors, avian flu, scorchingly hot temperatures: nightmares that were once the plot of