Paper examines whether a real options approach that recognizes uncertainty and maintains future flexibility can provide an improved adaptation investment strategy for sea level rise.

Author names: 
Linquiti, Peter
Vonortas, Nicholas
Year: 
2012
Publisher: 
Climate Change Economics
Reference: 

Linquiti, P., & Vonortas, N. (2012). The value of flexibility in adapting to climate change: A real options analysis of investments in coastal defense. Climate Change Economics, 3(02).

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