The Role of Uncertainty and Risk in Climate Change Economics

Abstract

This chapter is an introductory essay to the volume Climate Change Economics: The Role of Uncertainty and Risk, edited by V. V. Chari and Robert Litterman. This volume consists of a collection of papers that were presented at \\"The Next Generation of Economic Models of Climate Change,\\" a conference hosted by the Heller-Hurwicz Economics Institute at the University of Minnesota.