Showing 1 - 10 of 12,063
The catastrophic events are characterized by "low frequency and high severity". Nevertheless, during the last decades, both the frequency and the magnitude of these events have been significantly rising worldwide. In 2021, the European Commission adopted a new Strategy on Adaptation to Climate...
Persistent link: https://www.econbiz.de/10012609390
We develop a model of pandemic risk management and firm valuation. We introduce aggregate transmission shocks into an …
Persistent link: https://www.econbiz.de/10012833123
Persistent link: https://www.econbiz.de/10014458575
Persistent link: https://www.econbiz.de/10011301877
Persistent link: https://www.econbiz.de/10013347897
Persistent link: https://www.econbiz.de/10013348006
Persistent link: https://www.econbiz.de/10001363522
Persistent link: https://www.econbiz.de/10001168909
We address the problem of choosing a portfolio of policies under "deep uncertainty." We introduce the idea of belief …
Persistent link: https://www.econbiz.de/10011504367
that stochastic technology growth hardly affects the optimal bundle of mitigation and adaptation whereas uncertainty about … composition of the optimal mix as both persuade the risk-averse social planner to invest more in mitigation. Overall, we identify … that including uncertainty into the model tends to favour (long-lasting) mitigation with respect to (instantaneous …
Persistent link: https://www.econbiz.de/10011451547