We investigate the optimal policy response to the possibility of abrupt, irreversible shifts in system dynamics. The welfare cost of a tipping point emerges from the policymaker's response to altered system dynamics. Our policymaker also learns about a ...
Date made available
2014
Publisher
ICPSR - Interuniversity Consortium for Political and Social Research
Lemoine, D. (Creator), Traeger, C. (Creator) (2014). Replication data for: Watch Your Step: Optimal Policy in a Tipping Climate. ICPSR - Interuniversity Consortium for Political and Social Research. 10.3886/e114846v1