Arbeitspapier

The perception of climate sensitivity: Revealing priors from posteriors

A Bayesian typically uses data and a prior to produce a posterior. In practice, the data and the posterior are often observed but not the prior. We shall follow the opposite route, using data and the posterior information to reveal the prior. We then apply this theory to (equilibrium) climate sensitivity as reported by the Intergovernmental Panel on Climate Change in an attempt to get some insight into their prior beliefs. It appears that the IPCC scientists have agreed a priori on a value for the climate equilibrium between 3.0-4.0 degrees Celsius, while judging the occurrence of a real disaster much more likely than the previous report predicts.

Sprache
Englisch

Erschienen in
Series: Tinbergen Institute Discussion Paper ; No. TI 2020-046/III

Klassifikation
Wirtschaft
Bayesian Analysis: General
Climate; Natural Disasters and Their Management; Global Warming
Thema
Revealed prior
climate sensitivity
IPCC

Ereignis
Geistige Schöpfung
(wer)
Ikefuji, Masako
Magnus, Jan R.
Ereignis
Veröffentlichung
(wer)
Tinbergen Institute
(wo)
Amsterdam and Rotterdam
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Ikefuji, Masako
  • Magnus, Jan R.
  • Tinbergen Institute

Entstanden

  • 2020

Ähnliche Objekte (12)