{"id":"https://openalex.org/W1487524644","doi":null,"title":"CHECKING THE PRICE TAG ON CATASTROPHE: THE SOCIAL COST OF CARBON UNDER NON-LINEAR CLIMATE RESPONSE","display_name":"CHECKING THE PRICE TAG ON CATASTROPHE: THE SOCIAL COST OF CARBON UNDER NON-LINEAR CLIMATE RESPONSE","publication_year":2005,"publication_date":"2005-08-01","ids":{"openalex":"https://openalex.org/W1487524644","mag":"1487524644"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:esr:wpaper:wp392","doi":null,"is_oa":false,"landing_page_url":"https://www.esri.ie/pubs/WP392.pdf","pdf_url":"https://www.esri.ie/pubs/WP392.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/10419/50174","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5023374190","display_name":"Megan Ceronsky","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Megan Ceronsky","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5010225282","display_name":"David Anthoff","orcid":"https://orcid.org/0000-0001-9319-2109","observed_orcids":["https://orcid.org/0000-0001-9319-2109"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"David Anthoff","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-9319-2109","affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5068254953","display_name":"Cameron J. Hepburn","orcid":"https://orcid.org/0000-0003-0467-7441","observed_orcids":["https://orcid.org/0000-0003-0467-7441"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Cameron Hepburn","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-0467-7441","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5003917020","display_name":"Richard S.J. Tol","orcid":"https://orcid.org/0000-0002-8012-3988","observed_orcids":["https://orcid.org/0000-0002-8012-3988"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Richard S.J. Tol","raw_affiliation_strings":["Institute for Environmental Studies"],"raw_orcid":"https://orcid.org/0000-0002-8012-3988","affiliations":[{"raw_affiliation_string":"Institute for Environmental Studies","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":66,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":"87","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9940999746322632,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9940999746322632,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12615","display_name":"Climate Change and Geoengineering","score":0.004000000189989805,"subfield":{"id":"https://openalex.org/subfields/2306","display_name":"Global and Planetary Change"},"field":{"id":"https://openalex.org/fields/23","display_name":"Environmental Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10029","display_name":"Climate variability and models","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/2306","display_name":"Global and Planetary Change"},"field":{"id":"https://openalex.org/fields/23","display_name":"Environmental Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/social-cost-of-carbon","display_name":"social cost of carbon","score":0.9990000128746033},{"id":"https://openalex.org/keywords/nonlinear-climate-response","display_name":"nonlinear climate response","score":0.7799999713897705},{"id":"https://openalex.org/keywords/atlantic-meridional-overturning-circulation-collapse","display_name":"Atlantic Meridional Overturning Circulation collapse","score":0.8870000243186951},{"id":"https://openalex.org/keywords/climate-sensitivity","display_name":"climate sensitivity","score":0.8479999899864197},{"id":"https://openalex.org/keywords/climate-policy","display_name":"climate policy","score":0.5509999990463257},{"id":"https://openalex.org/keywords/catastrophic-climate-change","display_name":"catastrophic climate change","score":0.45500001311302185}],"concepts":[{"id":"https://openalex.org/C2777644927","wikidata":"https://www.wikidata.org/wiki/Q2300947","display_name":"Social cost","level":2,"score":0.8092060089111328},{"id":"https://openalex.org/C132651083","wikidata":"https://www.wikidata.org/wiki/Q7942","display_name":"Climate change","level":2,"score":0.5153552889823914},{"id":"https://openalex.org/C39432304","wikidata":"https://www.wikidata.org/wiki/Q188847","display_name":"Environmental science","level":0,"score":0.4989447593688965},{"id":"https://openalex.org/C140205800","wikidata":"https://www.wikidata.org/wiki/Q5860","display_name":"Carbon fibers","level":3,"score":0.47512727975845337},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.36634618043899536},{"id":"https://openalex.org/C49204034","wikidata":"https://www.wikidata.org/wiki/Q52139","display_name":"Climatology","level":1,"score":0.344103068113327},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3246561884880066},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.2442014217376709},{"id":"https://openalex.org/C111368507","wikidata":"https://www.wikidata.org/wiki/Q43518","display_name":"Oceanography","level":1,"score":0.16371071338653564},{"id":"https://openalex.org/C127313418","wikidata":"https://www.wikidata.org/wiki/Q1069","display_name":"Geology","level":0,"score":0.15849894285202026},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.09919819235801697},{"id":"https://openalex.org/C104779481","wikidata":"https://www.wikidata.org/wiki/Q50707","display_name":"Composite number","level":2,"score":0.0},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.0}],"mesh":[],"locations_count":6,"locations":[{"id":"pmh:oai:RePEc:esr:wpaper:wp392","doi":null,"is_oa":false,"landing_page_url":"https://www.esri.ie/pubs/WP392.pdf","pdf_url":"https://www.esri.ie/pubs/WP392.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:sgc:wpaper:87","doi":null,"is_oa":false,"landing_page_url":"http://www.fnu.zmaw.de/fileadmin/fnu-files/publication/working-papers/catastrophewp.pdf","pdf_url":"http://www.fnu.zmaw.de/fileadmin/fnu-files/publication/working-papers/catastrophewp.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/50174","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/50174","pdf_url":"http://hdl.handle.net/10419/50174","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"mag:3122938219","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/paper/sgcwpaper/87.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:vu:oai:research.vu.nl:publications/cf5372f5-6c5a-4ec1-9564-5f3a65df149b","doi":null,"is_oa":false,"landing_page_url":"https://research.vu.nl/en/publications/cf5372f5-6c5a-4ec1-9564-5f3a65df149b","pdf_url":null,"source":{"id":"https://openalex.org/S4306401843","display_name":"Data Archiving and Networked Services (DANS)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1322597698","host_organization_name":"Royal Netherlands Academy of Arts and Sciences","host_organization_lineage":["https://openalex.org/I1322597698"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/report"},{"id":"mag:1487524644","doi":null,"is_oa":false,"landing_page_url":"https://www.econstor.eu/bitstream/10419/50174/1/663372984.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"pmh:oai:econstor.eu:10419/50174","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/50174","pdf_url":"http://hdl.handle.net/10419/50174","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/13","score":1.0,"display_name":"Climate action"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1487524644.pdf","grobid_xml":"https://content.openalex.org/works/W1487524644.grobid-xml"},"referenced_works_count":67,"referenced_works":["https://openalex.org/W626253123","https://openalex.org/W654788334","https://openalex.org/W1486559462","https://openalex.org/W1556773719","https://openalex.org/W1562491203","https://openalex.org/W1565368535","https://openalex.org/W1573607453","https://openalex.org/W1593750741","https://openalex.org/W1594708099","https://openalex.org/W1671353246","https://openalex.org/W1710313745","https://openalex.org/W1966847571","https://openalex.org/W1971959487","https://openalex.org/W1972602760","https://openalex.org/W1972964746","https://openalex.org/W1984177133","https://openalex.org/W1984769413","https://openalex.org/W1991775458","https://openalex.org/W1993806717","https://openalex.org/W2003487842","https://openalex.org/W2005005245","https://openalex.org/W2007257396","https://openalex.org/W2009820609","https://openalex.org/W2011142954","https://openalex.org/W2014682169","https://openalex.org/W2018247270","https://openalex.org/W2020767027","https://openalex.org/W2022568776","https://openalex.org/W2030925005","https://openalex.org/W2032225085","https://openalex.org/W2042330417","https://openalex.org/W2047603292","https://openalex.org/W2048879061","https://openalex.org/W2049477753","https://openalex.org/W2051559013","https://openalex.org/W2052736701","https://openalex.org/W2058670254","https://openalex.org/W2068589879","https://openalex.org/W2075915543","https://openalex.org/W2077016814","https://openalex.org/W2080095361","https://openalex.org/W2081222292","https://openalex.org/W2083641150","https://openalex.org/W2087625531","https://openalex.org/W2090946879","https://openalex.org/W2091093175","https://openalex.org/W2091348587","https://openalex.org/W2091717415","https://openalex.org/W2097259059","https://openalex.org/W2110194220","https://openalex.org/W2112247819","https://openalex.org/W2115575384","https://openalex.org/W2115764093","https://openalex.org/W2117156140","https://openalex.org/W2119083643","https://openalex.org/W2124299021","https://openalex.org/W2133631519","https://openalex.org/W2137655619","https://openalex.org/W2149745596","https://openalex.org/W2152650773","https://openalex.org/W2162359435","https://openalex.org/W2169693870","https://openalex.org/W2287105565","https://openalex.org/W2489842336","https://openalex.org/W2773365185","https://openalex.org/W3121146265","https://openalex.org/W3149674154"],"related_works":["https://openalex.org/W2980550458","https://openalex.org/W7098295017","https://openalex.org/W3137686559","https://openalex.org/W2901072891","https://openalex.org/W2041529069","https://openalex.org/W3121875751","https://openalex.org/W1982238260","https://openalex.org/W2983841570","https://openalex.org/W2991250523","https://openalex.org/W2013642134"],"abstract_inverted_index":{"Research":[0],"into":[1],"the":[2,9,32,50,57,67,72,75,78,99,114,122],"social":[3,11,68,100],"cost":[4,69,101],"of":[5,16,59,62,70,74,80,102,107],"carbon":[6,18,103],"emissions":[7],"\u2014":[8,19],"marginal":[10],"damage":[12],"from":[13],"a":[14,105],"ton":[15],"emitted":[17],"has":[20],"tended":[21],"to":[22,42,55,136],"focus":[23,116],"on":[24,66,117],"\u201cbest":[25,88],"guess\u201d":[26,89],"scenarios.":[27],"Such":[28],"scenarios":[29],"generally":[30],"ignore":[31],"potential":[33,131],"for":[34],"low-probability,":[35],"high-damage":[36],"events,":[37],"which":[38],"are":[39],"critically":[40],"important":[41],"determining":[43],"optimal":[44],"climate":[45,64,85,124,133],"policy.":[46],"This":[47],"paper":[48],"uses":[49],"FUND":[51],"integrated":[52],"assessment":[53],"model":[54],"investigate":[56],"influence":[58],"three":[60],"types":[61],"non-linear":[63,123,132],"responses":[65,134],"carbon:":[71],"collapse":[73,120],"thermohaline":[76,118],"circulation;":[77],"dissociation":[79],"oceanic":[81],"methane":[82],"hydrates;":[83],"and":[84],"sensitivities":[86],"above":[87],"levels.":[90],"We":[91],"find":[92],"that":[93,113],"incorporating":[94],"these":[95],"impacts":[96],"can":[97],"increase":[98],"by":[104],"factor":[106],"20.":[108],"Furthermore,":[109],"our":[110],"results":[111],"suggest":[112],"exclusive":[115],"circulation":[119],"in":[121],"response":[125],"literature":[126],"is":[127],"unwarranted,":[128],"because":[129],"other":[130],"appear":[135],"be":[137],"significantly":[138],"more":[139],"costly.":[140]},"counts_by_year":[{"year":2022,"cited_by_count":2},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":3}],"updated_date":"2026-11-11T12:16:26.678958","created_date":"2016-06-24T00:00:00"}