Managing Severe Uncertainty
In collaboration with economists and climate scientists in other departments at LSE (and elsewhere), this project has the following objectives: to examine policy decision making under conditions of severe uncertainty; to study scientific models that are both imperfect and non-linear, especially those of the climate and of climate change; to study the implications for climate policy-making of the inherent limitations we face in making predictions about relevant climate variables, in relation both to our ability to assess the impact of possible interventions and to our ethical assessment of them, and to propose techniques for dealing with these limitations.