A dangerous game: On Geoengineering and moral hazard | with Gernot Wagner

In this episode Gernot Wagner explains the concept of Geoengineering and its potential role in preventing climate change. He analyses the implications of Geoengineering from a game theoretic perspective and shows the connection to the game theoretic concept of “moral hazard”. He also gives some advice on how we can all profit from the (potential) advantages of Geoengineering (and other new technologies), without falling into the “moral hazard trap”. Gernot Wagner is climate economist at Columbia Business School where his research is focused on climate risks and climate policy. He is also the author of many books about climate change and what to do against it, with “Geoengineering: the Gamble” being his latest one.

Om Podcasten

In Game Changer, the podcast by TWS Partners, we want to share our enthusiasm and passion for game theory and its applications. We invite guests from business and academia to discuss how they use the power of game theory in their profession to make a difference – and to learn some fun anecdotes, useful facts and valuable insights along the way. Join us on this journey, and find out that game theory is much more than a topic for ivory tower discussions.