Cameron Hepburn


Things tagged 'fat tails'



    ‘Incomplete climate models lead to complacency’ – Financial Times

    Letter to the FT – “Incomplete climate models lead to complacency“, April 2. Sir, Richard Tol makes the valid point that action on climate change should be coolly compared with other investments (“Bogus prophecies of doom will not fix the climate”, April 1). But his conclusions rest upon dangerously incomplete economic models that ignore critical risks […]