Showing 1 - 10 of 33,155
We study the optimal adaptation to extreme climate events by the central government in a setup where events are dynamically uncertain and the government does not know the true probabilities of events. We analyze different policy decision rules minimizing expected welfare losses for sites with...
Persistent link: https://www.econbiz.de/10011806379
Bayesian networks (BNs) have been increasingly applied to support management and decision-making processes under conditions of environmental variability and uncertainty, providing logical and holistic reasoning in complex systems since they succinctly and effectively translate causal assertions...
Persistent link: https://www.econbiz.de/10014197708
Bayesian networks (BNs) have been increasingly applied to support management and decision-making processes under conditions of environmental variability and uncertainty, providing logical and holistic reasoning in complex systems since they succinctly and effectively translate causal assertions...
Persistent link: https://www.econbiz.de/10014199659
In Bayesian theory, the data together with the prior produce a posterior. We show that it is also possible to follow the opposite route, that is, to use data and posterior information (both of which are observable) to reveal the prior (which is not observable). We then apply the theory to...
Persistent link: https://www.econbiz.de/10014451903
Using novel methodology and proprietary daily store-level sporting goods and apparel brand data, I find that, consistent with long-run adaptation to climate, sales sensitivity to weather declines with historical norms and variability of weather. Short-run adaptation to weather shocks is...
Persistent link: https://www.econbiz.de/10012182107
This paper empirically analyzes the determinants of individual tourism-related adaptation to climate change, i.e. the stated choice of alternative travel destinations due to increasing temperatures in the future. By examining the tourism sector, our study investigates an industry which was not...
Persistent link: https://www.econbiz.de/10009775067
This study links a multi-sectoral regionalized dynamic computable general equilibrium model of Ethiopia with a system of country-specific hydrology, crop, road and hydropower engineering models to simulate the economic impacts of climate change towards 2050. In the absence of externally funded...
Persistent link: https://www.econbiz.de/10009728163
veröffentlichten Fachartikeln. Durch die gegenwärtig öffentlich geführte Diskussion zum Thema Klimawandel stehen europäische … Möglichkeit, auf diese neuen Ansprüche zu reagieren, ist Anpassung durch Innovation. Das übergeordnete Ziel der Dissertation ist … Anpassungsstrategien an den Klimawandel“. -- Klimawandel ; Innovation ; CO2 ; EU ETS ; Risiko …
Persistent link: https://www.econbiz.de/10009691261
This paper argues that climate change poses two distinct, if related, sets of challenges for poor rural households: challenges related to the increasing frequency and severity of weather shocks and challenges related to long-term shifts in temperature, rainfall patterns, water availability, and...
Persistent link: https://www.econbiz.de/10009629134
The latest round of international negotiations in Copenhagen led to a set of commitments on emission reductions which are unlikely to stabilise global warming below or around 2°C. As a consequence, in the absence of additional ambitious policy measures, adaptation will be needed to address...
Persistent link: https://www.econbiz.de/10009298167