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authorities and agencies and/or public authorities and civil society for disaster risk reduction. We pay attention to Public … resource management (CBNRM) and disaster risk reduction (CBDRR), as well as other cooperative initiatives. In many respects …. The analysis is complemented by examples of PuPs addressed in the ENHANCE case studies in which disaster risk reduction …
Persistent link: https://www.econbiz.de/10013045398
This study explores people's risk attitudes after having suffered large real-world losses following a natural disaster … is consistent with prospect theory predictions of the adoption of a risk-seeking attitude after a loss …
Persistent link: https://www.econbiz.de/10014167032
significantly increases the WTP to reduce consumption risk. Our work links the VSL and consumption disaster literatures … of annual consumption) and partly driven by the risk of macroeconomic contractions. Likewise, the risk of pandemics …
Persistent link: https://www.econbiz.de/10014090072
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 climate change and identify some future research...
Persistent link: https://www.econbiz.de/10013130410
Sensitivity (proportionality) of willingness to pay to (small) risk changes is often used as a criterion to test for …,005 respondents were asked their willingness to pay (WTP) for preventing an increase in risk by 1/42,500 and 3/42,500, respectively …. WTP for the higher risk variation is significantly higher than WTP for the lower risk change. We find evidence that those …
Persistent link: https://www.econbiz.de/10012733341
climate change. The risk of uncertain and potentially irreversible catastrophes is an important issue related to the latter … benchmark integrated assessment model. This study moves beyond recent catastrophe or tipping point studies with arbitrary risk … introduced here informs risk management strategies that balance uncertain future climate change impacts with the costs of …
Persistent link: https://www.econbiz.de/10013019654
Models (IAMs), which assumes no risk sharing across region, we introduce global risk sharing via a market for state … across regions. We estimate that such risk sharing scheme of climate risks could lead to welfare gains reducing the global … for considering risk sharing in IAMs, but also for potentially welfare increasing negotiations about sharing risks of …
Persistent link: https://www.econbiz.de/10013046999
The potential of geoengineering as an alternative or complementary option to mitigation and adaptation has received increased interest in recent years. The scientific assessment of geoengineering is driven to a large extent by assumptions about its effectiveness, costs, and impacts, all of which...
Persistent link: https://www.econbiz.de/10014158817
probability of disaster occurrence to decrease with income; (ii) the capital at risk – and thus the economic losses in case of … observation of a trend in disaster losses should not be confused with the presence of excessive risk taking. In a descriptive …, where capital accumulates through increased density of capital at risk in a given area, it is optimal for (i) the …
Persistent link: https://www.econbiz.de/10013083303
the core of the debate, we argue that another key dimension is often overlooked: how to use insurance as a lever for risk … be effective. We conclude that there is clear scope for the EU to play a greater role in linking risk transfer and … prevention, beyond existing channels, to ensure an integrated approach to flood risk management across the EU …
Persistent link: https://www.econbiz.de/10013022838