Substantial evidence indicates that information is distorted during decision making. However, no studies have assessed the distortion of outcome and probability information in risky decisions or the effects of ambiguity on information distortion. We report two studies involving six binary...

In four studies, student and nonstudent participants evaluated the possible outcomes of binary decisions involving health, safety, and environmental risks (e.g., whether to issue a dam-failure evacuation order). Many participants indicated that false positives (e.g., evacuation, but no dam...

Substantial evidence indicates that information is distorted during decision making. However, no studies have assessed the distortion of outcome and probability information in risky decisions or the effects of ambiguity on information distortion. This paper reports two studies involving six...

In four studies, student and nonstudent participants evaluated the possible outcomes of binary decisions involving health, safety, and environmental risks (e.g., whether to issue a dam-failure evacuation order). Many participants indicated that false positives (e.g., evacuation, but no dam...

The present work is dedicated to theoretical aspects of long-term evaluation with a focus on time and uncertainty structure. Motivated along the lines of global warming, the analysis renders contributions to the fields of environmental economics, decision theory, the economics of sustainability...

This dissertation consists of three essays that apply both economic theory and econometric methods to understand design and dynamics of institutions. In particular, it studies how institutions aggregate information and deal with uncertainty and attempts to derive implications for optimal...

On the basis of the previous researches and the ecological footprint theory, we use the cross-sectional data of Chinese energy consumption in 2007 to calculate the regional differences of energy consumption footprint of 30 provinces in China; by using the method of EEF calculation method, we...

Este trabalho propõe analisar o retorno econômico e o impacto ambiental da atividade recria e engorda na pecuaria de corte, resultantes da utilização do amendoim forrageiro nas pastagens no Acre. Para determinar o retorno econômico foi estimado o benefício econômico gerado pelo sistema...

Engineered nanomaterial (ENM) use has proliferated in research, manufacturing, and in consumer products. Material exchange with the environment is ongoing and inevitable, and thus it is crucial to understand the fates and effects of ENMs in ecological systems. Expecting that ecological fates and...

While no-till (NT) cropping systems can provide conservation benefits in the northern Corn Belt, adoption has been low due to concerns about potential yield reductions and economic risk. Strip-tillage (ST) systems have been proposed as an alternative that may provide many of the conservation...