The risk of loses of income and productive means due to adverse weather associated to climate change can significantly … levels of risk, under measurable and unmeasurable uncertainty. Moreover, the costs associated to investments in reduced …, climatic event, we expected to observe, and found high levels of risk aversion, but we do observe farmers making trade offs …

under risk than under ambiguity (embracing here imprecision and conflict), revealing that people consider ambiguous …This paper investigates how the general public behaves when confronted with low probability events and ambiguity in an … that aims at separating attitudes toward risk, imprecision and conflict and at determining if there is a demand for …

This note considers the treatment of risk and uncertainty in the recently established social cost of carbon (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by …

This note considers the treatment of risk and uncertainty in the recently established social cost of carbon (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by …

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …

uncertainty by a measure of confidence. Special cases of the model comprise discounting under smooth ambiguity aversion as well as … discounting under a disentanglement of risk aversion from aversion to intertemporal substitution. The paper characterizes the … relates different results in the literature by switching between different risk measures. It presents a parametric extension …

change policies that account for spatially structured ambiguity. Ambiguity related to the evolution of the natural system is …

information that underpin current models of risk pooling. A specially designed economic experiment involving 678 subjects across … attempts to conduct such tests. I find that more extrinsic commitment is associated with more risk pooling, but that more … information is associated with less risk pooling. The first of these results accords with our expectations and assumptions. The …