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Constructing the FEEM Sustainability Index : A Choquet-Integral Application
Cruciani, Caterina - 2013
This paper presents an application of a multi-attribute aggregation methodology to the construction of a sustainability … index. Sustainability is a multi-faceted issue, in which synergies or conflicts may arise among the different components … the FEEM Sustainability Index (FEEM SI), a composite index including 19 different indicators grouped in the three …
Persistent link: https://www.econbiz.de/10013085268
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Constructing the Feem Sustainability Index : A Choquet-Integral Application
Cruciani, Caterina; Giove, Silvio; Pinar, Mehmet; … - 2012
This paper presents an application of a multi-attribute aggregation methodology to the construction of a sustainability … index. Sustainability is a multi-faceted issue, in which synergies or conflicts may arise among the different components … the FEEM Sustainability Index (FEEM SI), a composite index including 19 different indicators grouped in the three …
Persistent link: https://www.econbiz.de/10014167107
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An Accidental Oil Spill Along the Belgian Coast : Results from a Cv Study
van Biervliet, Karl - 2013
This paper offers an economic assessment of the loss of non-use values resulting from different oil spill scenarios along the Belgian Coast. Estimation results show that if no oil spill prevention policy action is undertaken, a significant welfare loss may result. As a matter of fact, contingent...
Persistent link: https://www.econbiz.de/10012711763
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Getting Cars Off the Road : The Cost-Effectiveness of an Episodic Pollution Control Program
Cropper, Maureen; Jiang, Yi; Alberini, Anna; Baur, Patrick - 2014
Ground level ozone remains a serious problem in the United States. Because ozone non-attainment is a summer problem, episodic rather than continuous controls of ozone precursors are possible. We evaluate the costs and effectiveness of an episodic scheme that requires people to buy permits in...
Persistent link: https://www.econbiz.de/10014195402
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Revisiting Worst-Case DEA for Composite Indicators
Athanassoglou, Stergios - 2015
Composite indicators are becoming increasingly infuential tools of environmental assessment and advocacy. Nonetheless, their use is controversial as they often rely on ad-hoc and theoretically problematic assumptions regarding normalization, aggregation, and weighting. Nonparametric data...
Persistent link: https://www.econbiz.de/10013027671
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Inequality and the Social Cost of Carbon
Anthoff, David - 2017
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10012968336
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The Welfare Cost of Ignoring the Beta
Gollier, Christian - 2021
Because of risk aversion, any sensible investment valuation system should value less projects that contribute more to the aggregate risk, i.e., that have a larger income elasticity of net benefits. In theory, this is done by adjusting discount rates to consumption betas. But in reality, for...
Persistent link: https://www.econbiz.de/10013240795
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The Preferences of Trieste Inhabitants for the Re-Use of the Old Port : A Conjoint Choice Experiment
Massiani, Jérôme; Rosato, Paolo - 2008
In many developed countries, abandoned (derelict or underused) industrial areas often occupy important parts of the cities. This raises issues about the possibilities of reusing these areas as well as on the conservation of industrial heritage they often entail. Conjoint Analysis (CA) can shed...
Persistent link: https://www.econbiz.de/10014214756
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Accounting for Different Uncertainties : Implications for Climate Investments?
Hector, Svenja - 2014
The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a general framework that can cope with various forms of uncertainty, it is shown that the response of the consumption discount rate to a change in risk aversion depends on some...
Persistent link: https://www.econbiz.de/10014149775
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Estimating the Value of Safety with Labor Market Data : Are the Results Trustworthy?
Hintermann, Beat; Alberini, Anna; Markandya, Anil - 2006
We use a panel dataset of UK workers to look for evidence of compensating wage differentials for workplace risk. Risk data are available at the four-digit industry level or at the three-digit occupation level. We discuss various econometric problems associated with the hedonic wage approach,...
Persistent link: https://www.econbiz.de/10014055662