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CLIMATE & FINANCE ARE NOT GAMES, BUT GAME THEORY CAN HELP"

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Investigación Financiera
  • 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
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Investigación Financiera

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