caa a22 4500 467918236 CHVBK 20180406152909.0 cr unu---uuuuu 170328e20060901xx s 000 0 eng 10.1007/s10584-006-9088-4 doi (NATIONALLICENCE)springer-10.1007/s10584-006-9088-4 Mendelsohn Robert Yale University Robert Mendelsohn, Yale FES, 230 Prospect Street, 06511, New Haven, CT, USA aut The Role of Markets and Governments in Helping Society Adapt to a Changing Climate [Elektronische Daten] [Robert Mendelsohn] This paper provides an economic perspective of adaptation to climate change. The paper specifically examines the role of markets and government in efficient adaptation responses. For adaptations to be efficient, the benefits from following adaptations must exceed the costs. For private market goods, market actors will follow this principle in their own interest. For public goods, governments must take on this responsibility. Governments must also be careful to design institutions that encourage efficiency or they could inadvertently increase the damages from climate change. Finally, although in a few cases actors must anticipate climate changes far into the future, generally it is best to learn and then act with respect to adaptation. Springer Science+Business Media, Inc., 2006 Climatic Change Kluwer Academic Publishers 78/1(2006-09-01), 203-215 0165-0009 78:1<203 2006 78 10584 https://doi.org/10.1007/s10584-006-9088-4 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10584-006-9088-4 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Mendelsohn Robert Yale University Robert Mendelsohn, Yale FES, 230 Prospect Street, 06511, New Haven, CT, USA aut NATIONALLICENCE 773 0- Climatic Change Kluwer Academic Publishers 78/1(2006-09-01), 203-215 0165-0009 78:1<203 2006 78 10584 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer