In this paper, we will re-examine the problems linked to the management of environmental risks and reassert the distinction made by Knight [1921] between « risk » and « uncertainty ». Taking into account this uncertainty in a formal way is totally justified for the analysis of environmental...

The aim of this article is to analyze the behavior of a consumer towards a current good whose consumption generates a health risk occurring soon after, such as a risk of food poisoning related to the presence of harmful elements. Starting from a simple model, in which the function of individual...

The continuous expansion of French urban areas to the detriment of rural and natural areas should logically increase the need of parks on behalf of city-dwellers. In order to determine whether these parks are capitalized into real estate values, we use a hedonic pricing model applied to the city...