DECISIONMAKING, RISK, AND UNCERTAINTY: AN ANALYSIS OF CLIMATE CHANGE POLICY.

The article discusses the the roles of risk and uncertainty on climate change policy decisionmaking. Constructivist and ecological accounts of rationality are addressed. The views of economist Frank Knight regarding probabilities are noted. The authors discuss serial and parallel decision making sys...

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Detalles Bibliográficos
Publicado en:	CATO Journal Vol. 32; no. 3; pp. 539 - 557
Autores principales:	Dholakia-Lehenbauer, Kruti, Elliott, Euel W.
Formato:	Artículo
Publicado:	Cato Institute Fall2012
Materias:	Knight, Frank H. (Frank Hyneman), 1885-1972 Bounded rationality Government policy on climate change Decision making in environmental policy Mathematical models of decision making Fallibility Risk Probability theory
Acceso en línea:	Ver este registro en EBSCOhost

Descripción
Sumario:	The article discusses the the roles of risk and uncertainty on climate change policy decisionmaking. Constructivist and ecological accounts of rationality are addressed. The views of economist Frank Knight regarding probabilities are noted. The authors discuss serial and parallel decision making systems in relation to the contingency of human knowledge. It is said that the quantification of risk in the area of climate change policy is difficult due to variable factors regarding which there is uncertainty.