Climate Risk Exposure and Risk Perceptions and Poverty
matthewekahn.substack.com
The NY Times recently published an interesting piece focused on Bayesian Learning regarding emerging climate risks. The author is worried that climate change poses new risks to America’s map. Some places face more flood risk while others face more fire risk. The author correctly argues that these risks are random variables. The author correctly points out that many prediction teams are now investing time and $ to offer informed predictions about these risks. The author claims that rich people will have access to better information about the emerging risks than poor people and that richer people will have an easier time adapting to the risks than poorer people because they have access to better data.
Climate Risk Exposure and Risk Perceptions and Poverty
Climate Risk Exposure and Risk Perceptions…
Climate Risk Exposure and Risk Perceptions and Poverty
The NY Times recently published an interesting piece focused on Bayesian Learning regarding emerging climate risks. The author is worried that climate change poses new risks to America’s map. Some places face more flood risk while others face more fire risk. The author correctly argues that these risks are random variables. The author correctly points out that many prediction teams are now investing time and $ to offer informed predictions about these risks. The author claims that rich people will have access to better information about the emerging risks than poor people and that richer people will have an easier time adapting to the risks than poorer people because they have access to better data.