What are we measuring? Measurement and aggregation issues in economics, with an application to climate risks
New discussion paper reviews the twin challenges of measurement and aggregation in economics and the natural sciences, with climate risk as a guiding example. Authors: Eddie Gerba and Gireesh Shrimali This paper synthesises a broad range of theoretical and empirical perspectives, tracing ideas from early systems theory to modern macroeconomic debates, and compares the approaches […]