The effect of the inclusion of uncertainty on the optimal allocation of resources to climate change mitigation and adaptation programmes
How to deal with our changing climate is one of the most controversial topics facing modern society. The two most prevalent choices are to mitigate the effects through global programmes, or adapt to the changes at the local level. While both have positive and negative traits, the reality is that a c...
| Main Authors: | , |
|---|---|
| Format: | Journal Article |
| Published: |
Economic Society of Australia
2014
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/2932 |
| _version_ | 1848744088824709120 |
|---|---|
| author | Maybee, Bryan Packey, Daniel J. |
| author_facet | Maybee, Bryan Packey, Daniel J. |
| author_sort | Maybee, Bryan |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | How to deal with our changing climate is one of the most controversial topics facing modern society. The two most prevalent choices are to mitigate the effects through global programmes, or adapt to the changes at the local level. While both have positive and negative traits, the reality is that a combination of the two strategies is required. This is the second study in a series investigating the mitigation–adaptation balance from an economic perspective. Using an expected value approach, this study discusses the theoretical sources and impact of uncertainty associated with implementing a mitigation or adaptation programme on the strategic optimisation. |
| first_indexed | 2025-11-14T05:55:55Z |
| format | Journal Article |
| id | curtin-20.500.11937-2932 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T05:55:55Z |
| publishDate | 2014 |
| publisher | Economic Society of Australia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-29322017-09-13T14:31:37Z The effect of the inclusion of uncertainty on the optimal allocation of resources to climate change mitigation and adaptation programmes Maybee, Bryan Packey, Daniel J. mitigation–adaptation optimisation expected value climate change How to deal with our changing climate is one of the most controversial topics facing modern society. The two most prevalent choices are to mitigate the effects through global programmes, or adapt to the changes at the local level. While both have positive and negative traits, the reality is that a combination of the two strategies is required. This is the second study in a series investigating the mitigation–adaptation balance from an economic perspective. Using an expected value approach, this study discusses the theoretical sources and impact of uncertainty associated with implementing a mitigation or adaptation programme on the strategic optimisation. 2014 Journal Article http://hdl.handle.net/20.500.11937/2932 10.1111/1759-3441-12063 Economic Society of Australia restricted |
| spellingShingle | mitigation–adaptation optimisation expected value climate change Maybee, Bryan Packey, Daniel J. The effect of the inclusion of uncertainty on the optimal allocation of resources to climate change mitigation and adaptation programmes |
| title | The effect of the inclusion of uncertainty on the optimal allocation of resources to climate change mitigation and adaptation programmes |
| title_full | The effect of the inclusion of uncertainty on the optimal allocation of resources to climate change mitigation and adaptation programmes |
| title_fullStr | The effect of the inclusion of uncertainty on the optimal allocation of resources to climate change mitigation and adaptation programmes |
| title_full_unstemmed | The effect of the inclusion of uncertainty on the optimal allocation of resources to climate change mitigation and adaptation programmes |
| title_short | The effect of the inclusion of uncertainty on the optimal allocation of resources to climate change mitigation and adaptation programmes |
| title_sort | effect of the inclusion of uncertainty on the optimal allocation of resources to climate change mitigation and adaptation programmes |
| topic | mitigation–adaptation optimisation expected value climate change |
| url | http://hdl.handle.net/20.500.11937/2932 |