2026-09-20T11:33:49Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/1431492022-06-16T04:00:52Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Pentland, Alex
Jansen van Rensburg, Nicholas A.
System Design and Management Program.
2022-06-15T12:59:38Z
2022-06-15T12:59:38Z
2022-02
2022-03-16T20:16:18.161Z
https://hdl.handle.net/1721.1/143149
https://orcid.org/0000-0003-4651-6208
Significant scientific research has been performed that shows human activities are the primary contributor to a warming climate, but disagreement exists in the likelihood and impact of this change. For example, projections for sea level rise (SLR) have been developed by certain cities, and the mitigating costs related to managing this risk can be estimated. Still, there exists disagreement between the true probability of change, rise and impact. This paper proposes a real-time pari-mutuel market based on a blockchain to capture this disagreement and manage SLR risk more cost-effectively for the City of Boston.
S.M.
Massachusetts Institute of Technology
In Copyright - Educational Use Permitted
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https://rightsstatements.org/page/InC-EDU/1.0/
Design of a Market Exchange for Climate risk
Thesis
application/pdf
Master
Master of Science in Engineering and Management
Publication
unknown
unknown
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<Abstract>Significant scientific research has been performed that shows human activities are the primary contributor to a warming climate, but disagreement exists in the likelihood and impact of this change. For example, projections for sea level rise (SLR) have been developed by certain cities, and the mitigating costs related to managing this risk can be estimated. Still, there exists disagreement between the true probability of change, rise and impact. This paper proposes a real-time pari-mutuel market based on a blockchain to capture this disagreement and manage SLR risk more cost-effectively for the City of Boston.</Abstract>
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