7 July 2026|Sustainability & Climate Risks
New Study Combines Target and Cost-Risk Trade-off based Approaches for Decision Making under Uncertainty
Climate economists have long faced a choice: weigh today's mitigation costs against tomorrow's quantified economic damages, or fix a precautionary temperature target and minimise the cost of meeting it, leaving those damages unquantified. A new study by Vito Avakumović, a recent PhD graduate at FNK, and Benjamin Blanz, a...
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