Abstract
In this chapter, I will discuss the role of economics in models of the global environment used to support international policies aimed at sustainable development. Such models are now commonly referred to as integrated assessment models. Following Parson (1995) “The two defining characteristics [of integrated assessment] are a) that it seeks to provide information of use to some significant decision-maker rather than merely advancing understanding for its own sake; and b) that it brings together a broader set of areas, methods, styles of study, or degrees of certainty, than would typically characterize a study of the same issue within the bounds of a single research discipline.” The word ‘integrated’ thus conveys a message of multi-or interdisciplinarity. The word ‘assessment’ conveys a message of policy relevance (Rotmans et al., 1996; Weyant et al., 1996).
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Tol, R.S.J. (1998). Economic aspects of global environmental models. In: van den Bergh, J.C.J.M., Hofkes, M.W. (eds) Theory and Implementation of Economic Models for Sustainable Development. Economy & Environment, vol 15. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-3511-7_14
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DOI: https://doi.org/10.1007/978-94-017-3511-7_14
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