000250117 001__ 250117
000250117 005__ 20180123005533.0
000250117 037__ $$a334-2016-14941
000250117 041__ $$aen_US
000250117 245__ $$aRobust Consumption and Energy Decisions
000250117 260__ $$c2016-11
000250117 269__ $$a2016-11
000250117 300__ $$a64
000250117 336__ $$aConference Paper/ Presentation
000250117 520__ $$aWe study a simple model of economic growth where society’s preferences are a function
of consumption per capita and climate quality; and the specification of the climate
dynamics is inspired by recent work in climate science. The model is estimated to establish
a reference model and we develop a new method that determines the reasonable
size of a set of surrounding models which are difficult to distinguish from the reference
model. We show that robust agents who deny the effects of climate change on the
economy, behave more like agents who believe climate changes are real. This happens
because robust non-believers design policies that hedge against their worst case model
which does include an anthropogenic effect of their emissions on climate and these
changes in climate have negative effects on preferences and productivity.
000250117 542__ $$fLicense granted by Christina Olson (olso6908@umn.edu) on 2016-12-02T21:57:18Z (GMT):

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000250117 650__ $$aConsumer/Household Economics
000250117 650__ $$aResource /Energy Economics and Policy
000250117 700__ $$aAnderson, Evan W.
000250117 700__ $$aBrock, William
000250117 700__ $$aSanstad, Alan H.
000250117 773__ $$d2017
000250117 8564_ $$s891444$$uhttp://ageconsearch.umn.edu/record/250117/files/Robust%20Consumption%20and%20Energy%20Decisions.pdf
000250117 887__ $$ahttp://purl.umn.edu/250117
000250117 909CO $$ooai:ageconsearch.umn.edu:250117$$pGLOBAL_SET
000250117 912__ $$nSubmitted by Christina Olson (olso6908@umn.edu) on 2016-12-02T21:59:32Z
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  Previous issue date: 2016-11
000250117 982__ $$gAgricultural and Applied Economics Association>2017 Allied Social Sciences Association (ASSA) Annual Meeting, January 6-8, 2017, Chicago, Illinois
000250117 980__ $$a334