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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
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
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
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
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
Persistent link: https://www.econbiz.de/10001355308
Environmental permits have played a major role in improving industry's environmental performance across the last few decades. Because they adopt a precautionary approach during the setting of environmental requirements, permitting strategies have also favoured pollution prevention. However,...
Persistent link: https://www.econbiz.de/10012448695