TY  - Working paper

AU  - Adriana Keating
AU  - John Handmer


PY  - 2013
T1  - Future potential losses from extremes under climate change
PB  - Victorian Centre for Climate Change Adaptation Research


DO  - https://doi.org/APO-239131
UR  - https://apo.org.au/node/239131

AB  - While private or autonomous adaptation will play a major role in climate change adaptation in Victoria, there exists sites where government intervention is justified. Government intervention is required when autonomous adaptation will not achieve the social optimum due to market failures or information asymmetries (Osberghaus et al 2010) which lead to inefficiency in autonomous adaptation.
ER  -