Requiring Companies to Disclose Climate Risks Helps Everyone
Harvard Business Review
FEBRUARY 16, 2017
In the movie Forrest Gump , the protagonist becomes a very rich man due to a natural disaster and its unforeseen business consequences. When he first enters the shrimp boating business, Forrest catches no shrimp. Nobel laureate Herbert Simon’s model of bounded rationality in decision making explains how this could work.
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