Notes on Applying ‘Real Options’ to Climate Change Adaptation Measures, with Examples from Vietnam
نویسندگان
چکیده
منابع مشابه
Notes on applying ‘real options’ to climate change adaptation measures, with examples from Vietnam
A factor common to all adaptation measures is the uncertainty that is the hallmark of climate change. The timing, intensity and location of climate change impacts is not known to any degree of precision. Because most deterministic analyses and policy prescriptions ignore this uncertainty, their recommendations are likely to waste community resources. Except by chance, adaptation measures will e...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2010
ISSN: 1556-5068
DOI: 10.2139/ssrn.1883902