Game Theory for Climate : PROFESSOR JEAN - PIERRE BENOÎT

CAN GAME THEORY AND THE MATHEMATICS OF STRATEGY HELP FIND THE ANSWERS?

Chris Caldwell CEO of United Renewables Ltd and host of Conversations on Climate podcast series has a fascinating discussion with Jean-Pierre Benoît.

We were fortunate enough to capture this conversation at the London Business School where Professor Benoît is Chair of the Economics Department. 

Professor Benoît is a world-recognised expert on game theory and the economics of decision-making. Professor Benoît has applied the theoretical toolkit of game theory to a wide range of questions. His published work covers everything from auctions to immigration theory, the ‘blue wall of silence’ to catastrophes at chemical plants. Naturally, he had no problem turning his insights to the question of climate change – and why polarisation and disaster might be more rational outcomes than we think. It is a fascinating and thought-provoking chat.

• How economics has changed across Professor Benoit's career

• The limitations of Rational Analysis - are we rationally irrational?

• Polarisation and the subject of the environment

• The case for presenting new facts to win over sceptics

"...There's a lot of phenomena that look irrational - aren't necessarily irrational… things look crazier than if you take a big perspective…"

"…Of course, there's something called the better than Average Effect. Maybe you've heard about that. Right? So as I bring people into a room and I say, Do you think you're a safer driver than most people?  Let's say less likely to cause an accident?And 80% of people say yes. So most people think they're better drivers than most people…"

REFERENCES:

https://www.london.edu/faculty-and-research/faculty-profiles/b/benoit-j

Paper on APPARENT BIAS: WHAT DOES ATTITUDE POLARISATION SHOW? https://lbsresearch.london.edu/id/eprint/1075/

TedX Talk on Rational Accidents: https://youtu.be/7CAVJVJXOT8h

 

CONVERSATIONS ON CLIMATE: where we interview experts from around the world and explore the biggest challenge of our time - before time runs out.

Throughout season 1, we talk about how the scope of the challenge before us is beyond that of any one individual or any one solution.

We talk to thinkers, researchers, policymakers, and business leaders. They discuss a diversity of ideas and solutions to global climate and environmental issues and why they matter. Season 1 is presented by Chris Caldwell and produced by UNITED RENEWABLES in association with LONDON BUSINESS SCHOOL, ALUMNI ENERGY CLUB.

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Throughout season 1, we talk about how the scope of the challenge before us is beyond that of any one individual or any one solution. We talk to thinkers, researchers, policymakers, and business leaders. They discuss a diversity of ideas and solutions to global climate and environmental issues and why they matter.

Season 1 is presented by Chris Caldwell and produced by UNITED RENEWABLES in association with LONDON BUSINESS SCHOOL, ALUMNI ENERGY CLUB.

For more information visit: https://www.unitedrenewables.co.uk/resources

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