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Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | Mitigating Global Warming: A Real Options Approach |
| Organization Unit | |
| Authors |
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| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| Journal Title | Annals of Operations Research |
| Publisher | Springer |
| Geographical Reach | international |
| ISSN | 0254-5330 |
| Volume | 255 |
| Number | 1-2 |
| Page Range | 465 - 506 |
| Date | 2017 |
| Abstract Text | Mitigation and adaptation represent two solutions to the issue of global warming. While mitigation aims at reducing CO2 emissions and preventing climate change, adaptation encompasses a broad scope of techniques used to reduce the impacts of climate change once they have occurred. Both have direct costs on a country’s Gross Domestic Product, but costs also arise from temperature increases due to inaction. This paper introduces a tipping point in a real options model and analyzes optimal investment choices in mitigation and their timing. |
| Digital Object Identifier | 10.1007/s10479-016-2258-5 |
| Other Identification Number | merlin-id:13424 |
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