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Identity, Homophily and In-Group Bias
Currarini, Sergio; Menge, Friederike - Fondazione ENI Enrico Mattei (FEEM) - 2012
School of Economics, University of Nottingham, University Park Campus and Department of Economics (AE1), Maastricht University
Persistent link: https://www.econbiz.de/10010552188
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Variation in Risk Seeking Behavior in a Natural Experiment on Large Losses Induced by a Natural Disaster
Page, Lionel; Savage, David; Torgler, Benno - Fondazione ENI Enrico Mattei (FEEM) - 2012
This study explores people's risk attitudes after having suffered large real-world losses following a natural disaster. Using the margins of the 2011 Australian floods (Brisbane) as a natural experimental setting, we find that homeowners who were victims of the floods and face large losses in...
Persistent link: https://www.econbiz.de/10010904916
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Climate Change and Individual Decision Making: An Examination of Knowledge, Risk Perception, Self-interest and Their Interplay
Pongiglione, Francesca - Fondazione ENI Enrico Mattei (FEEM) - 2011
In this essay, three separate yet interconnected components of pro-environmental decision making are considered: (a) knowledge, in the form of basic scientific understanding and procedural knowledge, (b) risk perception, as it relates to an individual’s direct experience of climate change and...
Persistent link: https://www.econbiz.de/10009320999
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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