Excerpt
Excerpt
Responding to Threats of Climate Change Mega-Catastrophes. Olga Rostapshova, Richard Zeckhauser, November 2009, Paper. "There is a low but uncertain probability that climate change could trigger “mega-catastrophes,” severe and at least partly irreversible adverse effects across broad regions. This paper first discusses the state of current knowledge and the defining characteristics of potential climate change mega-catastrophes. While some of these characteristics present difficulties for using standard rational choice methods to evaluate response options, there is still a need to balance the benefits and costs of different..." Link