This study is an empirical investigation of how individual risk attitudes influence the agricultural productivity of men and women in a sub-Saharan African country, Burkina Faso. By analyzing a large representative panel survey of farmers from 2014 and 2015, the results indicate lower...

This study analyzes how risk attitudes influence the agricultural productivity of men and women in a subSaharan African country, Burkina Faso. By using a large representative panel survey of farmers, the results show that as female farmers increase risk taking, the productivity of female-owned...

This paper argues that observations of non-stationary choice behavior need notnecessarily imply specific properties of the individual’s discount function. As weshow, the observed “anomalies” in intertemporal choice can alternatively be explained by an individual’s perception of the risk...

In this paper, we characterize explicitly the first derivative of the Value at Risk and the Expected Shortfall with respect to portfolio allocation when netting between positions exists. As a particular case, we examine a simple Gaussian example in order to illustrate the impact of netting...

Prospect Theory is a widely accepted descriptive framework to model decisions under risk. However, it is limited to situations with finitely many outcomes. Moreover, it is discontinuous, i.e., small changes in a lottery can produce large differences in its utility, contrary to experiments. In...

In the European Union (EU) periurban agriculture is under the same agri-environmental policy regime designed for general agriculture. We argue that the specific needs of periurban agriculture may justify ad hoc agri-environmental policy measures. We present results from a Choice Experiment (CE)...

The question of whether changes in income inequality affect CO2 emissions remains a topic of debate at both theoretical and empirical levels. The purpose of this paper is to examine the effect of changes in the full spectre of income distribution on consumptionbased CO2 emissions per capita. To...

In recent decades, the rapid development of coastal regions, driven by sustained economic growth and population migration, has amplified their susceptibility to climate-induced hazards. The need to address these challenges in socio-economic coastal hotspots has become a pressing concern,...

The escalating impacts of climate change on coastal regions stress the urgency for effective adaptation strategies, particularly for the case of high-risk countries such as Bangladesh. Naturebased solutions, grey and mixed coastal infrastructure offer promising solutions for addressing these...

Announced in June 2021, the never-implemented Green Recovery Plan for the Brazilian Legal Amazon Region (GRP) would be a green transition initiative to be carried out by the state governments of the region. The GRP represented the first large-scale proposal aiming at the transition to a...