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A new defence of probability discounting

In Adrian Walsh, Säde Hormio & Duncan Purves (eds.), The Ethical Underpinnings of Climate Economics. Oxford: Routledge. pp. 87-102 (2017)

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  1. The Irrelevance of the Risk-Uncertainty Distinction.Dominic Roser - 2017 - Science and Engineering Ethics 23 (5):1387-1407.
    Precautionary Principles are often said to be appropriate for decision-making in contexts of uncertainty such as climate policy. Contexts of uncertainty are contrasted to contexts of risk depending on whether we have probabilities or not. Against this view, I argue that the risk-uncertainty distinction is practically irrelevant. I start by noting that the history of the distinction between risk and uncertainty is more varied than is sometimes assumed. In order to examine the distinction, I unpack the idea of having probabilities, (...)
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