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Deep uncertainty in long-term hurricane risk: scenario generation and implications for future climate experiments

Ranger, Nicola; Niehörster, Falk - London School of Economics (LSE) - 2011

Current projections of long-term trends in Atlantic hurricane activity due to climate change are deeply uncertain, both in magnitude and sign. This creates challenges for adaptation planning in exposed coastal communities. We present a framework to support the interpretation of current long-term...

Persistent link: https://www.econbiz.de/10011071427

Capital structure, investment, and fire sales

Gale, Douglas; Gottardi, Piero - London School of Economics (LSE) - 2014

We study a dynamic general equilibrium model in which firms choose their investment level and their capital structure, trading off the tax advantages of debt against the risk of costly default. The costs of bankruptcy are endogenously determined, as bankrupt firms are forced to liquidate their...

Persistent link: https://www.econbiz.de/10011170093

Incorporating equity as part of the wider impacts in transport infrastructure assessment: an application of the SUMINI approach

Thomopoulos, Nikolaos; Grant-Muller, Susan - London School of Economics (LSE) - 2013

impacts, i.e. equity, through the ex-post assessment of two large EU transport infrastructure (TEN-T) case studies. The … results suggest that SUMINI assesses equity impacts well and the case studies highlight the flexibility of the approach in … equity and other wider impacts. The research is of strong international significance due to the publication of the TEN …

Persistent link: https://www.econbiz.de/10011126059

Optimal control of externalities in the presence of income taxation

Kaplow, Louis - London School of Economics (LSE) - 2010

AA substantial literature examines second-best environmental policy, focusing particularly on how the Pigouvian directive that marginal taxes should equal marginal external harms needs to be modified in light of the preexisting distortion due to labor income taxation. Additional literature is...

Persistent link: https://www.econbiz.de/10011126406

Capital structure and investment dynamics with fire sales

Gale, Douglas; Gottardi, Piero - London School of Economics (LSE) - 2013

We study a general equilibrium model in which firms choose their capital structure optimally, trading off the tax advantages of debt against the risk of costly default. The costs of default are endogenous: bankrupt firms are forced to liquidate their assets, resulting in a fire sale if there is...

Persistent link: https://www.econbiz.de/10011163502

The economics of non-governmental organisations

Scott, Colin; Hopkins, R. - London School of Economics (LSE) - 1999

The purpose of this paper is to identify the organisational comparative advantage of NGOs, and to develop a model which explains the set of circumstances uder which they emerge and dominate other types of firms. It is argued that the potential superiority of NGOs derives from two features: (1)...

Persistent link: https://www.econbiz.de/10010745102

Not all incentives wash out the warm glow: the case of blood donation revisited

Costa-i-Font, Joan; Jofre-Bonet, Mireia; Yen, Steven T. - London School of Economics (LSE) - 2012

The issue of the nature of the altruism inherent in blood donation and the perverse effects of financial rewards for …

Persistent link: https://www.econbiz.de/10010745926

Digit ratio (2D:4D) and altruism: evidence from a large, multi-ethnic sample

Galizzi, Matteo M.; Nieboer, Jeroen - London School of Economics (LSE) - 2015

We look at the links between the Digit Ratio - the ratio of the length of the index finger to the length of the ring finger – for both right and left hands, and giving in a Dictator Game. Unlike previous studies with exclusively Caucasian subjects, we recruited a large, ethnically diverse...

Persistent link: https://www.econbiz.de/10011171763

From philanthropy to "altruism": incorporating unselfish behavior into economics, 1961-1975

Fontaine, Philippe - London School of Economics (LSE) - 2006

Persistent link: https://www.econbiz.de/10011125912

Reluctant altruism and peer pressure in charitable giving

Reyniers, Diane; Bhalla, Richa - London School of Economics (LSE) - 2013

, controlling for amount donated. These findings suggest reluctant altruism due to peer pressure in charitable giving. …

Persistent link: https://www.econbiz.de/10011126142