There are
some profound philosophical interpretations to this behavior that Jaynes and others have discussed, one of those is that human uncertainty through ignorance parallels that of nature's — nature is ignorant of the exact state it wants to be in so that it statistically assumes a range of states that maximize entropy subject to physical constraints.
As the
interpretation of infinity in economic climate models is essentially a debate about how to deal with the threat of extinction, Mr Weitzman's argument depends heavily on a judgement about the value of life... A lack of reliable data exacerbates the
profound methodological and
philosophical difficulties faced by climate change economists... The United Nations conference in Paris this December offers a chance to take appropriate steps to protect future generations from this risk... http://www.economist.com/blogs/freeexchange/2015/07/climate-change (MOST COMMENTING ARE NOT AT ALL IMPRESSED)