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A number of issues need to be considered when developing aggregated economic damage functions due to climate change … mechanism of vulnerability, (iii) the rate of technological advance and diffusion (iv) the issue of detection of damages and … illustrative model. The findings suggest that there is a significant upward bias in damage functions calculated without …
Persistent link: https://www.econbiz.de/10009437058
The impacts of oil spills -- ranging from the large, widely publicized Exxon Valdez tanker incident to smaller pipeline and refinery spills -- have been costly to both the oil industry and the public. For example, the estimated costs to Exxon of the Valdez tanker spill are on the order of $4...
Persistent link: https://www.econbiz.de/10009437124
have successfully mitigated the consequences and minimised the damage to their reputations. Specific South African …
Persistent link: https://www.econbiz.de/10009457763
Generated crop insurance rates depend critically on the distributional assumptions of theunderlying crop yield loss model. Using farm level corn yield data from 1972-2008, we revisitthe problem of examining in-sample goodness-of-fit measures across a set of flexibleparametric, semi-parametric,...
Persistent link: https://www.econbiz.de/10009446157
Crop insurance performance and loss rates depend directly on underlying crop yield distributions. However, there still exists much debate about how to represent the underlying crop yield distributions. Using farm-level corn and soybean yields from 1972-2008, this study examines in-sample...
Persistent link: https://www.econbiz.de/10009477865
The beta distribution is useful in modeling continuous random variables that lie between 0 and 1, such as proportions and percentages. The beta distribution takes on many different shapes and may be described by two shape parameters, alpha and beta, that can be difficult to estimate. Maximum...
Persistent link: https://www.econbiz.de/10009457237
facilitating emergency response to a major earthquake, but little attention has been directed toward the importance of lifeline …National Center for Earthquake Engineering Research …
Persistent link: https://www.econbiz.de/10009467371
' vulnerability to energy supply disruptions. Crude oil is stored in geologic formations, or salt domes, located under these …
Persistent link: https://www.econbiz.de/10009435453
For over ten years, the Counterproliferation Analysis and Planning System (CAPS) at Lawrence Livermore National Laboratory (LLNL) has been a planning tool used by U.S. combatant commands for mission support planning against foreign programs engaged in the manufacture of weapons of mass...
Persistent link: https://www.econbiz.de/10009435516
important issues concerning vulnerability to the disruption of oil imports: (1) The Middle East is not the major supplier of oil … countries, there exist vulnerabilities to disruption of the export stream of oil, (4) Vulnerability reduction requires a focus … proportion of imported oil present a vulnerability to {open_quotes}price shocks{close_quotes} and the tremendous dislocations …
Persistent link: https://www.econbiz.de/10009435670