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Grantham Research Institute on Climate Change and the Environment public lecture
Catastrophic climate-change damages are characterized by deep structural uncertainties in the science combined with severe constraints on the ability to evaluate meaningfully the welfare losses. The critical question is: How fast does the probability of a catastrophe decline relative to the welfare impact of the catastrophe?
In this lecture, Professor Weitzman will attempt to distill the problem down to a simplistic numerical exercise and accompanying discussion that highlights the most basic issues.
Martin L. Weitzman is Professor of Economics at Harvard University. Previously he was on the faculties of MIT and Yale. He has been elected as a fellow of the Econometric Society and the American Academy of Arts and Sciences. He has published widely in many leading economic journals and written two books. Weitzman's interests in economics are broad and he has served as consultant for several well-know organizations. His current research is focused on environmental economics, including climate change, the economics of catastrophes, cost-benefit analysis, long-run discounting, green accounting, and comparison of alternative instruments for controlling pollution.
Speaker(s): |
Professor Martin Weitzman | talks |
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Date and Time: |
24 May 2011 at 6:30 pm |
Duration: | 1 hour 30 minutes |
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Venue: |
New Theatre, London School of Economics & Political Science |
Organised by: |
London School of Economics & Political Science |
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Tickets: |
Free |
Available from: |
This event is free and open to all with no ticket required. Entry is on a first come, first served basis. For any queries email events@lse.ac.uk or call 020 7955 6043. |
Additional Information: |
From time to time there are changes to event details so we strongly recommend that if you plan to attend this event you check the listing for this event on the LSE events website on the day of the event. |
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