This chapter contains two views of the future. Since the validity of these views cannot be completely
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This chapter contains two views of the future. Since the validity of these views cannot be completely tested until the time period covered by the forecast has passed (so that predictions can be matched against actual events), how can we ever hope to establish in advance which view is better? What criteria might be proposed for evaluating predictions?
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Environmental And Natural Resource Economics
ISBN: 978-1138632295
11th Edition
Authors: Tom Tietenberg ,Lynne Lewis
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