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CLIMATE & FINANCE ARE NOT GAMES, BUT GAME THEORY CAN HELP"
Estrategia y temas
October 10, 2022
- Climate and finance are linked by a Nash equilibrium
- A long-term strategy would be preferred, but short-term gains prevail
- Thus, the climate imbalance increases as economic activity and profits grow
- Good news, macroeconomic policies can provide an exit from this sub-optimal situation
