Home › Are models that show economic effects of climate change useless?
 

Keywords :   


Are models that show economic effects of climate change useless?

2013-10-05 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Economist: MODELS simplify. They are supposed to. It is a feature, not a bug. Their formulae may be complex but models deliberately omit some things in order to focus on others. They also leave out factors that cannot be modelled satisfactorily. That is understandable, but what if the factors that cannot be modelled make a huge difference to the outcome? And what if the things that are excluded tend to produce a systematic bias in the results? That is precisely the situation facing those who model the economic...

Tags: show change effects models

Category:Electronics and Electrical

Latest from this category

All news
»
03.07Hurricane Beryl Graphics
03.07Hurricane Beryl Public Advisory Number 18A
03.07Summary for Hurricane Beryl (AT2/AL022024)
03.07Eastern North Pacific Tropical Weather Outlook
03.07Atlantic Tropical Weather Outlook
03.07Benefits of benchmarking in the pork industry
03.07Hurricane Beryl Graphics
03.07Hurricane Beryl Forecast Discussion Number 18
More »