Quotation Spash, Clive. 2007. Climate change: Need for new economic thought. Economic and Political Weekly, 10.02.




As climate change has moved onto the political agenda, so have economists entered the debate prominently. Addressing the greenhouse effect challenges the approach to resource allocation of mainstream economics. A range of subjects arise: the objectivity of scientific information, asymmetry of costs and benefits over space and time, differentiation between risk and uncertainty, institutional power over information and the role of ethical judgment in decision processes.


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Status of publication Published
Affiliation WU
Type of publication Magazine/newspaper article
Language English
Title Climate change: Need for new economic thought
Title of journal Economic and Political Weekly
Year 2007
Date Feb. 10, 2007
URL http://www.clivespash.org/Final_EPW_10Feb07.pdf


Spash, Clive L. (Details)
Institute for Multi-Level Governance and Development IN (Details)
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