An economic model to help policymakers to reassess risk evaluation, concerning the diminutive efforts of climate change ||

Two economists, one with the London School of Economics and Political Science, the other with Princeton University, have created a model to assist policymakers in better understanding willingness issues related to climate change mitigation efforts. In their paper published in Proceedings of the National Academy of Sciences, Timothy Besley and Avinash Dixit describe how their model works and the ways it could be used.