Uncertainty in environmental economics¶
Pindyck, R. S. (2007). Uncertainty in environmental economics. Review of Environmental Economics and Policy, 1(1), 45-65.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Reversibility Horizon
- Actions are not intrinsically reversible or irreversible; rather, they become effectively irreversible as circumstances change—a framing Pindyck (2007) emphasizes in his analysis of how irreversibility and uncertainty jointly shape environmental and economic decision-making.
This sourceTreats reversibility as a dynamic function of time, accumulating damages, and learning; argues that irreversibility plus uncertainty jointly determine when commitment becomes rational.
- Actions are not intrinsically reversible or irreversible; rather, they become effectively irreversible as circumstances change—a framing Pindyck (2007) emphasizes in his analysis of how irreversibility and uncertainty jointly shape environmental and economic decision-making.
Verification¶
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