Showing 1 - 9 of 9
interest rate uncertainty is shown to decelerate rational investment demand by raising both the required exercise premium of … volatility strengthens the negative impact of interest rate uncertainty and vice versa. …
Persistent link: https://www.econbiz.de/10005407823
Data Envelopment Analysis (DEA) is a linear programming based method for evaluating performance of comparable production units such as firms. Although the method is already extensively applied in many areas of economics, its use in environmental economics and related fields remains limited. The...
Persistent link: https://www.econbiz.de/10005556149
The need for monitoring countries’ overall performance in Sustainable Development (SD) is widely recognized, but the methods for aggregating vast amounts of empirical data remain rather crude. This paper examines the so-called ‘benefit-of-the-doubt’ weighting method as a tool for...
Persistent link: https://www.econbiz.de/10005556153
In this paper the option value of waiting under scientific uncertainty will be derived using the difference between the … crops. The results show that scientific uncertainty is less important than one would expect at first hand. …
Persistent link: https://www.econbiz.de/10005556146
Rural development was traditionally associated with agriculture. The policy shift towards integrated rural development reflects the complex linkages and interactions within the system of overall rural development. Putting too much emphasis on agriculture and ignoring its linkages to the rest of...
Persistent link: https://www.econbiz.de/10005556169
In this paper the option value of waiting under scientific uncertainty will be derived using the difference between the … crops. The results show that scientific uncertainty is less important than one would expect at first hand. …
Persistent link: https://www.econbiz.de/10005118857
Scientists and policymakers are increasingly aware that wildfire management efforts should be broadened beyond the century-long emphasis on suppression to include more effective efforts at fuel management. Because wildfire risks change over time as vegetation matures, fuel management can be...
Persistent link: https://www.econbiz.de/10005118903
This paper analyses the impact of point systems on the degree of competition in professional football leagues via the annual coefficient of variation (CV) of end-of-season points. The past, existing and some alternative point systems were applied to a hypothetical football league consisting of...
Persistent link: https://www.econbiz.de/10005118904
Tropical forests are estimated to release approximately 1.7 PgC per year as a result of deforestation. Avoiding tropical deforestation could potentially play a significant role in carbon mitigation over the next 50 years if not longer. Many policymakers and negotiators are skeptical of our...
Persistent link: https://www.econbiz.de/10005407780