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Facing the Experts: Survey Mode and Expert Elicitation
Baker, Erin; Bosetti, Valentina; Jenni, Karen E.; … - Fondazione ENI Enrico Mattei (FEEM) - 2014
In this paper we compare the results of two different expert elicitation methods: in-person interviews and a self-administered web-based survey. Traditional expert elicitation has been done face to face, with an elicitor meeting with an expert for a few hours to several days, depending on the...
Persistent link: https://www.econbiz.de/10010833935
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Geoengineering and Abatement: A “flat” Relationship under Uncertainty
Emmerling, Johannes; Tavoni, Massimo - Fondazione ENI Enrico Mattei (FEEM) - 2013
evaluates the role of Solar Radiation Management (SRM) on the optimal abatement path, focusing on the uncertainty about the … theory under uncertainty, we show that abatement is decreasing in the probability of success of SRM, but that this relation …
Persistent link: https://www.econbiz.de/10010904907
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What Social Cost of Carbon? A Mapping of the Climate Debate
Fabert, Baptiste Perrissin; Dumas, Patrice; Hourcade, … - Fondazione ENI Enrico Mattei (FEEM) - 2012
Given disparate beliefs about economic growth, technical change and damage caused by climate change, this paper starts with the seeming impossibility of determining a unique time profile of the social costs of carbon as a benchmark for climate negotiations and for infrastructure decisions that...
Persistent link: https://www.econbiz.de/10010904931
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Sharing of Climate Risks across World Regions
Emmerling, Johannes - Fondazione ENI Enrico Mattei (FEEM) - 2014
Uncertainty is prevalent in the context of climate change impacts. Moreover, the distribution across the globe is not …
Persistent link: https://www.econbiz.de/10010941054
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Consumption and Precautionary Saving: An Empirical Analysis under Both Financial and Environmental Risks
Baiardi, Donatella; Manera, Matteo; Menegatti, Mario - Fondazione ENI Enrico Mattei (FEEM) - 2011
This paper studies the empirical relationship between consumption and saving under two different sources of uncertainty …
Persistent link: https://www.econbiz.de/10009320989
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Land-use Change and Solar Energy Production: A Real Option Approach
Gazheli, Ardjan; Corato, Luca Di - Fondazione ENI Enrico Mattei (FEEM) - 2011
In this paper a real option model is developed to examine the critical factors affecting the decision to lease agricultural land to a company installing a PV power plant. The leasing payment is certain while the net revenues from agriculture are uncertain. We identify the profit values at which...
Persistent link: https://www.econbiz.de/10009421231
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Relative Quotas: Correct Answer to Uncertainty or Case of Regulatory Capture
Quirion, Philippe - Fondazione ENI Enrico Mattei (FEEM) - 2003
There is a tendency among policy-makers and industry lobbyists toward "specific", "relative" or "output-based" quotas, i.e., freely distributed to firms proportionally to their output. With a stochastic analytical model, we demonstrate that relative quotas are dominated either by absolute quotas...
Persistent link: https://www.econbiz.de/10005423153
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Uncertainty in Integrated Assessment Models of Climate Change: Alternative Analytical Approaches
Golub, Alexander; Narita, Daiju - Fondazione ENI Enrico Mattei (FEEM) - 2011
Uncertainty plays a key role in the economics of climate change, and the discussions surrounding its implications for … climate policy are far from settled. We give an overview of the literature on uncertainty in integrated assessment models of … complementary approaches that model uncertainty in association with integrated assessment models: the discrete uncertainty modeling …
Persistent link: https://www.econbiz.de/10008828410
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Optimal Emission Policy under the Risk of Irreversible Pollution
Kama, Alain Ayong Le; Pommeret, Aude; Prieur, Fabien - Fondazione ENI Enrico Mattei (FEEM) - 2011
We consider an optimal consumption and pollution problem that has two important features. Environmental damages due to economic activities may be irreversible and the level at which the degradation becomes irreversible is unknown. Particular attention is paid to the situation where agents are...
Persistent link: https://www.econbiz.de/10008853075
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Nonpoint Source Pollution Control Under Incomplete and Costly Information
Farzin, Y.H.; Kaplan, J.D. - Fondazione ENI Enrico Mattei (FEEM) - 1999
This paper analyses the efficient management of nonpoint source pollution (NPS) under limited pollution control budget and incomplete information inherent in NPS pollution. By incorporating information acquisition into a pollution control model, it focuses on the tradeoff between data collection...
Persistent link: https://www.econbiz.de/10005230880