Complexity and the Economics of Climate Change: A Survey and a Look Forward. Balint, T., Lamperti, F., Mandel, A., Napoletano, M., Roventini, A., & Sapio, A. 2016.
Complexity and the Economics of Climate Change: A Survey and a Look Forward [link]Website  abstract   bibtex   
We provide a survey of the micro and macroeconomics of climate change from a complexity science perspective and we discuss the challenges ahead for this line of research. We identify four areas of the literature where complex system models have already produced valuable insights: (i) coalition formation and climate negotiations, (ii) macroeconomic impacts of climate-related events, (iii) energy markets and (iv) diffusion of climate-friendly technologies. On each of these issues, accounting for heterogeneity, interactions and disequilibrium dynamics provides a complementary and novel perspective to one of standard equilibrium models. Furthermore, it highlights the potential economic benefits of mitigation and adaptation policies and the risk of under-estimating systemic climate change-related risks.
@unpublished{
 title = {Complexity and the Economics of Climate Change: A Survey and a Look Forward},
 type = {unpublished},
 year = {2016},
 keywords = {Agent-Based Models,Climate Change,Climate Economics,Climate Policy,Complex Systems,Socio-Economic Networks},
 pages = {36},
 websites = {http://ssrn.com/abstract=2807571},
 id = {38d384ed-62c7-30ac-b71e-475ba57d3ec0},
 created = {2016-07-13T08:24:31.000Z},
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 abstract = {We provide a survey of the micro and macroeconomics of climate change from a complexity science perspective and we discuss the challenges ahead for this line of research. We identify four areas of the literature where complex system models have already produced valuable insights: (i) coalition formation and climate negotiations, (ii) macroeconomic impacts of climate-related events, (iii) energy markets and (iv) diffusion of climate-friendly technologies. On each of these issues, accounting for heterogeneity, interactions and disequilibrium dynamics provides a complementary and novel perspective to one of standard equilibrium models. Furthermore, it highlights the potential economic benefits of mitigation and adaptation policies and the risk of under-estimating systemic climate change-related risks.},
 bibtype = {unpublished},
 author = {Balint, Tomas and Lamperti, Francesco and Mandel, Antoine and Napoletano, Mauro and Roventini, Andrea and Sapio, Alessandro}
}

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