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Handbook of the Economics of Risk and Uncertainty
book

Handbook of the Economics of Risk and Uncertainty

by Mark Machina, W. Kip Viscusi
November 2013
Beginner content levelBeginner
896 pages
35h 10m
English
North Holland
Content preview from Handbook of the Economics of Risk and Uncertainty
Howard Kunreuther and Erwann Michel-Kerjan
658
There have been numerous scientific debates as to whether the series of hurricanes
that occurred in 2004 and 2005 and 2012 might be partially attributable to the impact of a
change in climate. One of the expected effects of global warming will be an increase in hur-
ricane intensity. This increase has been predicted by theory and modeling, and substantiated
by empirical data on climate change. Higher ocean temperatures lead to an exponentially
higher evaporation rate in the atmosphere, which increases the intensity of cyclones and
precipitation (IPCC, 2011). An increase in the number of major hurr ...
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Publisher Resources

ISBN: 9780444536853