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    fat tails

    Explore "fat tails" with insightful episodes like "Professeur COVID : les 5 leçons de la crise", "Eigenbros ep 91 - Statistics of (Election) Fraud" and "Martin Weitzman on Climate Change" from podcasts like ""Sagesse et Mojito", "Eigenbros" and "EconTalk"" and more!

    Episodes (3)

    Martin Weitzman on Climate Change

    Martin Weitzman on Climate Change

    Is climate change the ultimate Black Swan? Martin Weitzman of Harvard University and co-author of Climate Shock talks with EconTalk host Russ Roberts about the risks of climate change. Weitzman argues that climate change is a fat-tailed phenomenon--there is a non-trivial risk of a catastrophe. Though Weitzman concedes that our knowledge of the climate is quite incomplete, he suggests that it is prudent to take serious measures, including possibly geo-engineering, to reduce the accumulation of carbon dioxide in the atmosphere.

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