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Climate change is well-recognized as an important economic, social, and political challenge. To develop meaningful quantitative models that guide prudent policymaking requires methods that quantify the pertinent uncertainty and approaches to incorporate them into the assessment of alternative courses of action. This workshop will bring together decision theorists, geoscientists and economists to discuss recent advances in stochastic modeling, uncertainty quantification and applications to the economics of climate change.
This workshop is co-sponsored by the Macro Finance Research Program.