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Härdle, Wolfgang Karl; López Cabrera, Brenda - Sonderforschungsbereich Ökonomisches Risiko <Berlin>

Weather inuences our daily lives and choices and has an enormous impact on corporate revenues andearnings. Weather derivatives dier from most derivatives in that the underlying weather cannot be tradedand their market is relatively illiquid. The weather derivative market is therefore incomplete....

Persistent link: https://www.econbiz.de/10008939797

Calibrating CAT Bonds for Mexican Earthquakes

Härdle, Wolfgang; Cabrera, Brenda López - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2007

The study of natural catastrophe models plays an important role in the prevention and mitigation of disasters. After the occurrence of a natural disaster, the reconstruction can be financed with catastrophe bonds (CAT bonds) or reinsurance. This paper examines the calibration of a real...

Persistent link: https://www.econbiz.de/10005861006

Exports and Externalities: the other sideof trade and ecological risk

Warziniack, Travis; Finnoff, David; Shogren, Jason F.; … - Alfred-Weber-Institut für Sozial- und … - 2009

This paper develops a general equilibrium model to measure welfare eects of taxesfor correcting environmental externalities caused by domestic trade, focusing on externalities that arise through exports. Externalities from exports come from a number ofsources. Domestically owned ships, planes,...

Persistent link: https://www.econbiz.de/10005868383

For whose benefit? Benefit-sharing within Contractual ABSAgreementsfrom an Economic Perspective– the Example of Pharmaceutical Bioprospection

Buchs, Ann Kathrin; Jasper, Jörg - Universität <Göttingen> / Department für … - 2007

The extinction of genetic resources as a consequence of land development, especially in ‘biodiversity hot spots’like rain forests in South America or South East Asia, is becoming a serious problem - not only for local communitiesbut also for international firms in the pharmaceutical...

Persistent link: https://www.econbiz.de/10005869031

Forest Management Planning in Congo Basin RainforestsCombined Planning System – A New Approach for Sustainable ForestManagement

Dogmo Pokem, Sicco Dany - Institut für Forstökonomie <Freiburg, Breisgau> - 2010

environmental concerns. Efforts around the world are focused on achievingsustainable forest management since the 1992 United Nations … evidenced by political commitment at the highest level, by thedevelopment of national forest programmes throughout the sub … forappropriate action. However, the investment in forestry remains far below what is required;the capacity to enforce laws and to …

Persistent link: https://www.econbiz.de/10009005135