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  1.  42
    Ethics, Equity and the Economics of Climate Change Paper 1: Science and Philosophy.Nicholas Stern - 2014 - Economics and Philosophy 30 (3):397-444.
    This paper examines a broad range of ethical perspectives and principles relevant to the analysis of issues raised by the science of climate change and explores their implications. A second and companion paper extends this analysis to the contribution of ethics, economics and politics in understanding policy towards climate change. These tasks must start with the science which tells us that this is a problem of risk management on an immense scale. Risks on this scale take us far outside the (...)
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  2. Economics, Ethics and Climate Change.Simon Dietz, Cameron Hepburn & Nicholas Stern - 2008 - In Kaushik Basu & Ravi Kanbur (eds.), Arguments for a Better World: Essays in Honor of Amartya Sen: Volume I: Ethics, Welfare, and Measurement and Volume Ii: Society, Institutions, and Development. Oxford University Press.
     
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  3.  20
    Ethics, Equity and the Economics of Climate Change Paper 2: Economics and Politics.Nicholas Stern - 2014 - Economics and Philosophy 30 (3):445-501.
    Both intertemporal and intratemporal equity are central to the examination of policy towards climate change. However, many discussions of intertemporal issues have been marred by serious analytical errors, particularly in applying standard approaches to discounting; the errors arise, in part, from paying insufficient attention to the magnitude of potential damages, and in part from overlooking problems with market information. Some of the philosophical concepts and principles of Paper 1 are applied to the analytics and ethics of pure-time discounting and infinite-horizon (...)
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  4.  28
    A New Global Deal on Climate Change.Cameron J. Hepburn & Nicholas Stern - 2008 - Oxford Review of Economic Policy.
    A global target of stabilizing greenhouse-gas concentrations at between 450 and 550 parts per million carbon-dioxide equivalent has proven robust to recent developments in the science and economics of climate change. Retrospective analysis of the Stern Review suggests that the risks were underestimated, indicating a stabilization target closer to 450 ppm CO2e. Climate policy at the international level is now moving rapidly towards agreeing an emissions pathway, and distributing responsibilities between countries. A feasible framework can be constructed in which each (...)
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  5.  22
    Should We Discount the Welfare of Future Generations? : Ramsey and Suppes Versus Koopmans and Arrow.Graciela Chichilnisky, Peter J. Hammond & Nicholas Stern - unknown
    Ramsey famously pronounced that discounting “future enjoyments” would be ethically indefensible. Suppes enunciated an equity criterion implying that all individuals’ welfare should be treated equally. By contrast, Arrow accepted, perhaps rather reluctantly, the logical force of Koopmans’ argument that no satisfactory preference ordering on a sufficiently unrestricted domain of infinite utility streams satisfies equal treatment. In this paper, we first derive an equitable utilitarian objective based on a version of the Vickrey–Harsanyi original position, extended to allow a variable and uncertain (...)
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  6. Development as a Process of Change: Toward a Dynamic Public Economics.Nicholas Stern - 2003 - In Proceedings of the British Academy, Volume 121, 2002 Lectures. pp. 277-299.
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  7. Keynes Lecture in Economics.Nicholas Stern - 2004 - Proceedings of the British Academy: Volume 121: 2002 Lectures 121:277-299.
     
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