Adapting to Climate Change: Markets and the Management of an Uncertain FutureA revelatory study of how climate change will affect individual economic decisions, and the broad impact of those choices Selected by Publishers Weekly as one of its Top Ten books in Business and Economics for Spring 2021 It is all but certain that the next century will be hotter than any we've experienced before. Even if we get serious about fighting climate change, it's clear that we will need to adapt to the changes already underway in our environment. This book considers how individual economic choices in response to climate change will transform the larger economy. Using the tools of microeconomics, Matthew E. Kahn explores how decisions about where we live, how our food is grown, and where new business ventures choose to locate are impacted by climate change. Kahn suggests new ways that big data can be deployed to ease energy or water shortages to aid agricultural operations and proposes informed policy changes related to public infrastructure, disaster relief, and real estate to nudge land use, transportation options, and business development in the right direction. |
Contents
Daily Quality of Life | |
Protecting the Poor | |
Upgrading Public Infrastructure | |
Will Climate Change Threaten Economic Productivity? | |
Protecting Urban Real Estate | |
The Market for Big Data Facilitates Adaptation | |
Reimagining the Real Estate Sector | |
Reimagining Laws and Regulations to Facilitate Adaptation | |
Innovation in Agricultural Production Cowritten with Brian | |
Globalization and International Trade Facilitate Adaptation | |
Human Capital Fuels Adaptation | |
Bibliography | |
Acknowledgments | |
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agricultural air conditioners air conditioning air pollution Amazon areas asset big data build buyers California carbon carbon tax catastrophe bonds challenges cities climate change climate resilience climate risk climate science climate shocks coastal consumers cope costs create crops decline demand developing drought Economic economists effect electricity emerging risks environmental extreme heat face Facebook facilitate adaptation farmers farming finance firm’s firms flood insurance flood risk future global Google greenhouse gas higher homeowners households housing human capital Hurricane income increase innovation invest investors Journal Kahn land less live Lucas critique managers microeconomic migration move nations natural disasters offer one’s owners pandemic place-based poor predict profit protect public infrastructure purchase real estate reduce rent renters risky road pricing role sea level rise sector seek strategies strong incentives temperature upgrade urban weather Wildfires workers Zillow


