Systematic and multifactor risk models are revisited via methods which were already successfully developed in signal processing and in automatic control. The results, which bypass the usual criticisms on those risk modeling, are illustrated by several successful computer experiments.

We address the problem of a social planner who, as in Weitzman (2001), gathers data on experts' discount rates and wants to infer the socially efficient consumption discount rate. We propose an 'equilibrium approach' and we analyse the expression and the properties of the resulting 'equilibrium...

Policy makers as well as many economists recognize geological Carbon Capture and Sequestration (CCS) as a key option to avoid costly emission reduction. While an extreme perspective is to envision CCS as a magic bullet to solve the issue of climate change, the economics perspective is more...

This paper derives the properties of the discount rate that should be applied to a public-sector project when the affected population has heterogeneous degrees of impatience. We show that, for any distribution of discount rates, the social discount rate has the following properties: it decreases...

We address the problem of a social planner who, as in Weitzman (2001), gathers data on experts discount rates and wants to infer the socially efficient consumption discount rate. We propose an equilibrium approach and we analyse the expression and the properties of the resulting equilibrium...

In Europe, economic evaluation of flood management projects is becoming a commonly used decision tool. At the same time, flood management policies shift towards new concepts such as giving more room to water by restoring floodplain and living with floods. Agricultural areas are particularly...

The deployment of urban logistics solutions is one of the main pending questions in the field of urban goods transport research and practice. Indeed, although several solutions and projects have been tested in the last years, only few of them reach an operational phase and remain viable in time....

This deliverable contains the cost-benefit analysis results (CBA) for the piloted services in order to feed the Business Model discussions. First, a brief description of the method and the main hypotheses are shown. Then, each single system is presented, making several CBA analyses...