Narrow search
Showing 1 - 10 of 2,047
Cover Image
Uncertainty about carbon impact and the willingness to avoid CO2 emissions
Pace, Davide Domenico; Imai, Taisuke; Schwardmann, Peter; … - 2023
channels for the behavioural impact of such uncertainty, namely risk aversion about the impact of mitigating actions and the … climate change mitigation efforts through risk aversion or motivated belief channels. The results suggest that reducing …
Persistent link: https://www.econbiz.de/10014487134
Cover Image
Asset prices and alternative characterizations of the pricing kernel
Lüders, Erik - 2002
, analytical and numerical solutions of forward prices are derived for a representative investor with non-constant relative risk …
Persistent link: https://www.econbiz.de/10013428466
Cover Image
Tax evasion and the risk averse tax collector
Kraizberg, Elli; Tzur, Joseph - 1993
Persistent link: https://www.econbiz.de/10000885117
Cover Image
The demand for inputs under risk aversion
Latham, Roger - 1982
Persistent link: https://www.econbiz.de/10003529041
Cover Image
The green Paradox and Learning-by-Doing in the renewable energy sector
Nachtigall, Daniel; Rübbelke, Dirk T. G. - 2014
The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the reaction of fossil fuel suppliers. In particular, carbon taxes that will be implemented in the future induce resource owners to extract more rapidly which increases present...
Persistent link: https://www.econbiz.de/10010429908
Cover Image
Prices versus quantities with morally concerned consumers
Schmidt, Klaus M.; Herweg, Fabian - 2021
It is widely believed that an environmental tax (price regulation) and cap-and-trade (quantity regulation) are equally efficient in controlling pollution when there is no uncertainty. We show that this is not the case if some consumers (firms, local governments) are morally concerned about...
Persistent link: https://www.econbiz.de/10012500312
Cover Image
Climate change mitigation : how effective is green quantitative easing?
Abiry, Raphael; Ferdinandusse, Marien; Ludwig, Alexander; … - 2022
We develop a two sector incomplete markets integrated assessment model to analyze the effectiveness of green quantitative easing (QE) in complementing fiscal policies for climate change mitigation. We model green QE through an outstanding stock of private assets held by a monetary authority and...
Persistent link: https://www.econbiz.de/10013281474
Cover Image
Income in Jeopardy : how losing employment affects the willingness to take risks/ Clemens Hetschko; Malte Preuss
Hetschko, Clemens; Preuss, Malte - 2015
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk … attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the … perceives the threat of job loss and is of a transitory nature. The change in stated risk attitude matches observable job …
Persistent link: https://www.econbiz.de/10011405097
Cover Image
Coordination under loss contracts
Ahrens, Steffen; Bitter, Lea; Bosch-Rosa, Ciril - 2020
In this paper we study the effects that loss contracts - prepayments that can be clawbacked later - have on group coordination when there is strategic uncertainty. We compare the choices made by experimental subjects in a minimum effort game. In control sessions, incentives are formulated as a...
Persistent link: https://www.econbiz.de/10012285502
Cover Image
Stated and revealed heterogeneous risk preferences in educational choice
Fossen, Frank M.; Glocker, Daniela - 2014
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared … to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate … educational choice, which involves the comparison of risky future income paths and therefore depends on risk and time preferences …
Persistent link: https://www.econbiz.de/10010249634