The Ultimate Game Against Nature GJNFS - Iris Publishers

Economist N. Stern has played a majpe in the scientic debate about global warming. Thus, in 2007 he raised correctly the issue about  the  biggest  even  externality  in  the  history  of  human  societies.Thaw  emission  of  GHGs  were  seen  by  Stern  as  an  example  of market failure, having very serious negative effects upon all countries. In 2015, he asked” What are we waiting for?”, believing perhaps  somewhat  naively  that  external  effects  could  internalized  between  the  countries  as  easily  as  externalities  are  corrected  within a county. Policy-making and implementation on climate change is very difficult and complicated, because of the PD at the core of global warming.

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