Individual option prices for climate change mitigation

被引：65

作者：

Cameron, TA ^{[1
]}

机构：

[1] Univ Oregon, Dept Econ, Eugene, OR 97403 USA

来源：

JOURNAL OF PUBLIC ECONOMICS | 2005年 / 89卷 / 2-3期

基金：

美国国家科学基金会;

关键词：

option prices; climate change; stated preferences; contingent valuation; state-dependent preferences;

D O I：

10.1016/j.jpubeco.2004.01.005

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Willingness-to-pay for climate change mitigation depends on people's perceptions about just how bad things will get if nothing is done. Individual subjective distributions for future climate conditions are combined with stated choices over alternative climate policies to estimate individual option prices (the appropriate ex ante welfare measure in the face of uncertainty) for climate change mitigation. We find statistically significant sensitivity of estimated option prices to both expected future conditions and uncertainty about future conditions. (C) 2004 Elsevier B.V. All rights reserved.

引用

页码：283 / 301

页数：19

共 28 条

[1] MEASUREMENT OF WELFARE COST UNDER UNCERTAINTY [J].