Real Option Analysis and Climate Change: A New Framework for Environmental Policy Analysis

By Benoit Morel

1. Prolegomena: What does real option Analysis bring to climate change Policy?.- 2. Toward a general theory of real options.- 3. Real option analysis: a work in progress in need of progress.- 4. Extreme events, CatBonds, ROA in the context of Fat Tail distributions and the Weitzman effect.- 5. Global CO2 Emission through the Looking Glass of ROA.- 6. Internationalization of the Response: the Example of REDD Credits.- 7. Prioritization of investments needed to avoid the unmanageable (mitigation) and to manage the unavoidable (adaptation).- 8. Unanswered Questions about Uncertainty, Information and Investment Decisions

• Format: Paperback
• Language: English
• ISBN: 3030120635
• ISBN13: 9783030120634
• Release Date: August 2020
• Publisher: Springer
• Length: 160 Pages
• Weight: 0.56 lbs.
• Dimensions: 0.4" x 6.1" x 9.2"