dividends next period as ambiguous. We calibrate the agent's ambiguity aversion to match only the first moment of the risk …

used in risk assessments to estimate extent of and damages from flooding and erosion. Further, such flood risk models can … then include the effects of ecosystems, such as mangroves, to model the effects on risk of conservation and restoration …

ecosystems play in reducing risk to coastal communities now and with future sealevel rise. These analyses were used to inform … goal is to quantify the role that coastal habitat plays in reducing risk to people and shoreline under current conditions … more than double, and the total population would nearly triple in The Bahamas. Similarly, the population living along high-risk …

This paper presents a choice experiment, which values reductions in mortality risk on Alpine roads. These roads are on … characteristics. To address heterogeneity in preferences for risk reduction, we use a non-linear conditional logit model with …

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. -- Decision under … Risk ; Large Losses ; Natural Experiment …

The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a … rate to a change in risk aversion depends on some fundamental properties of the considered uncertainties. The application … of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields …