Editing Thomas Schelling (section)

==Global warming==
Schelling was involved in the [[global warming]] debate since chairing a commission for President [[Jimmy Carter]] in 1980. He believed [[climate change]] poses a serious threat to developing nations, but that the threat to the United States was exaggerated. He wrote that,

<blockquote>Today, little of our [[gross domestic product]] is produced outdoors, and therefore, little is susceptible to climate. Agriculture and forestry are less than 3 percent of total output, and little else is much affected. Even if [[agricultural productivity]] declined by a third over the next half-century, the per capita GNP we might have achieved by 2050 we would still achieve in 2051. Considering that agricultural productivity in most parts of the world continues to improve (and that many crops may benefit directly from enhanced [[photosynthesis]] due to increased [[carbon dioxide]]), it is not at all certain that the net impact on agriculture will be negative or much noticed in the [[developed world]].<ref>{{cite book|author1=Schelling, Thomas C.|editor1-last=Henderson|editor1-first=David R.|title=Concise Encyclopedia of Economics|date=2007|publisher=Library of Economics and Liberty|edition=1st|chapter-url=http://www.econlib.org/library/Enc1/GreenhouseEffect.html|access-date=7 December 2017|chapter=Greenhouse Effect}}</ref></blockquote>
{{further |Effects of climate change on agriculture}}

Drawing on his experience with the [[Marshall Plan]] after [[World War&nbsp;II]], he argued that addressing global warming is a [[bargaining problem]]: if the world were able to reduce emissions, poor countries would receive most of the benefits, but rich countries would bear most of the costs.