Asymptotic tail probabilities for linear combinations of randomly weighted order statistics are approximated under various assumptions. One key assumption is the asymptotic independence for all risks. Therefore, it is not surprising that the maxima represents the most influential factor when one...

In this paper we identify policy implications for implementing carbon pricing in Austria, taking into account model structure uncertainty (see Part A: Kirchner et al., 2023). Methodologically, we compare the results of two macroeconomic models, DYNK and WEGDYN_AT, to evaluate the effects of...