Topics: Social, economic and political aspects of Climate Change.

In economies where resources are uncertain, risk sharing mechanisms enable to reallocate goods for consumption in a more efficient way than resources are. Nevertheless, efficiency requires complete markets. Since the seminal paper of Townsend (1994) who rejected the hypothesis of complete...

This course will examine standard economic theory; evidence of anomalies in standard theory, and behavioral theories designed to explain those anomalies. We will start by developing the choice theoretic foundations of modern decision theory: objective and subjective probabilities; Bayesian...

Contributions from the following fields are welcome: - Trade theoretical foundations of integrated assessment models - Trade implications of promoting adaptation - Effect of technological transfers and spillovers in the context of global climate policies - International competitiveness in the...

The objectives: 1) To increase interaction between researchers on all continents who share an interest in issues related to dynamic risk sharing: - Dynamic contracting (optimal compensation schemes, delegated portfolio management,...) - Dynamic risk measures, risk sharing implications - Risk...