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We study exposure to pollution information and investment portfolio allocations, exploiting the rollout of air quality … information on investment choices is most prominent amongst tech-savvy investors who are most plausibly "treated" by real …
Persistent link: https://www.econbiz.de/10014421239
, scope, and investment decisions, and we outline their connection to recent macroeconomic and financial trends in the US …
Persistent link: https://www.econbiz.de/10013362030
Digital goods can generate large benefits for consumers, but these benefits are largely unmeasured in the national accounts, including GDP and productivity. In this paper, we measure welfare gains from 10 popular digital goods across 13 countries by conducting large-scale incentivized online...
Persistent link: https://www.econbiz.de/10014372427
polluter liability does not necessarily increase safety or efficiency in cases where the polluter is risk neutral. Complete … polluter liability is found to yield Pareto optimality. When either party is risk averse, an increase in polluter liability may … sometimes reduce safety and efficiency. If the polluter is risk neutral and the victim is risk averse, Pareto optimality is only …
Persistent link: https://www.econbiz.de/10012469020
Persistent link: https://www.econbiz.de/10000056090
returns on a capital investment, but not on fertility, or the intrinsic population growth rate. During the mature phase, time …
Persistent link: https://www.econbiz.de/10012464462
One of the unforeseen consequences of the WTO agreements has been controversy over risk. This volume explores aspects … of risk with special reference to the WTO, where national instruments to reduce risk may conflict with international … trade rules. The book is divided into sections dealing with: accounting for risk in trade agreements; risk and the WTO …
Persistent link: https://www.econbiz.de/10011851983
catastrophic in their consequences. Therefore, the elaboration of effective risk-management plans, aimed at formulating viable … management of environmental risks - environmental pollution risk and natural catastrophe risk in particular. It discusses the … issue of insurability of such risks, analyses the increasing risk of liability for environmental pollution and the …
Persistent link: https://www.econbiz.de/10012448741
traditional framework, the presence of an irreversible investment and uncertainty can help nudge the decision maker to preserve an …
Persistent link: https://www.econbiz.de/10012457342