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Research Frontiers in the Economics of Climate Change

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Abstract

Academic and policy debates over climate change risks and policies have stimulated economic research in a variety of fields. In this article I briefly discuss eight overlapping areas of current research in which further effort is particularly warranted. These areas include decision criteria for policy; risk assessment and adaptation; uncertainty and learning; abatement cost and the innovation and diffusion of technology; and the credibility of policies and international agreements. Further analysis in these areas not only will advance academic understanding but also will provide insights of considerable importance to policymakers.

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Toman, M. Research Frontiers in the Economics of Climate Change. Environ Resource Econ 11, 603–621 (1998). https://doi.org/10.1023/A:1008268525257

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