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Forest management policies and resource balance in China: an assessment of the current situation

Démurger, Sylvie; Yuanzhao, Hou; Weiyong, Yang - HAL - 2007

Using the latest forest inventory, this paper provides a comprehensive analysis of China's forest sector by focusing on new forest trends, forest policy changes and challenges to achieve a sustainable forest management. We analyze the dynamics of forest resources and provide an impact assessment...

Persistent link: https://www.econbiz.de/10008791267

Optimal control models and elicitation of attitudes towards climate damages

Hourcade, Jean-Charles; Ambrosi, Philippe; Hallegatte, … - HAL - 2003

than the difference between stochastic and non stochastic approach given the cascade of uncertainty from emissions to …

Persistent link: https://www.econbiz.de/10008792735

Model uncertainty and its impact on the pricing of derivative instruments

Cont, Rama - HAL - 2006

Model uncertainty, in the context of derivative pricing, can be defined as the uncertainty on the value of a contingent … quantitative framework for defining model uncertainty in option pricing models. After discussing some properties which a … quantitative measure of model uncertainty should verify in order to be useful and relevant in the context of risk measurement and …

Persistent link: https://www.econbiz.de/10008792846

Uncertainty management in the IPCC: agreeing to disagree

Ha-Duong, Minh; Swart, Rob; Bernstein, Lenny; Petersen, … - HAL - 2007

uncertainty, thus it is better that working groups agree to disagree rather than seek to bring everybody on one party line. …

Persistent link: https://www.econbiz.de/10008793134

Learning and climate change

O'neill, Brian C.; Crutzen, Paul; Grübler, Arnulf; … - HAL - 2006

Learning – i.e. the acquisition of new information that leads to changes in our assessment of uncertainty – plays a …

Persistent link: https://www.econbiz.de/10008793145

Complexity, uncertainty, and organizational congruency

Hanaki, Nobuyuki; Owan, Hideo - HAL - 2010

Many scholars in the fields of organization theory and management strategy have argued that there is a tension between the two types of organizational learning activities, exploration and exploitation. They appear to be substitutes: the greater the skill at one, the harder it is to do the other...

Persistent link: https://www.econbiz.de/10008793425

Innovation and information acquisition under time inconsistency and uncertainty

Chemarin, Sophie; Orset, Caroline - HAL - 2008

This paper analyzes the impact of hyperbolic discounting preferences on theagent's information acquisition decision who wants to undertake a potentialdangerous activity for human health or the environment. We find that belowcertain discount rate threshold, an agent prefers ignoring information...

Persistent link: https://www.econbiz.de/10008793771

Economic development and losses due to natural disasters: the role of risk

Schumacher, Ingmar; Strobl, Eric - HAL - 2008

We show that the relationship between wealth and economic losses due to natural disasters is strongly linked to disaster risk. We first build an analytical model that demonstrates how countries that face a low hazard of disasters are likely to see first increasing losses and then decreasing ones...

Persistent link: https://www.econbiz.de/10008793946

Rational behaviour, Risk aversion, High stakes for society

Palma, André De - HAL - 2008

Certain areas related to the topics under discussion here lie outside my field; for instance the evaluation of risk assessment and security deficiencies in the transport sector. What has convinced me of the importance of this subject are a few very general conclusions, indeed I would say,...

Persistent link: https://www.econbiz.de/10008794056

Preferences Yielding the ``Precautionary Effect''

Lara, Michel De - HAL - 2009

Consider an agent taking two successive decisions to maximize his expected utility under uncertainty. After his first …

Persistent link: https://www.econbiz.de/10008794323