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governments and civil society face in identifying and protecting the areas that are at risk of extreme events. This paper presents … manifestation of high levels of risk. It shows the result of the application of the methodology to Desinventar dataset, which covers … integration of risk reduction into development strategies. …
Persistent link: https://www.econbiz.de/10010903958
theory under uncertainty, we show that abatement is decreasing in the probability of success of SRM, but that this relation …
Persistent link: https://www.econbiz.de/10010904907
The difficulty in implementing comprehensive policies aimed at reducing greenhouse gas emissions has led analysts and researchers to wonder about alternative strategies for dealing with climate change. Geoengineering –that is the deliberate reduction of the incoming solar radiation- has...
Persistent link: https://www.econbiz.de/10010904959
Continuous time is a superior representation of both the economic and climate systems that Integrated Assessment Models (IAM) aim to study. Moreover, continuous-time representations are simple to express. Continuous-time models are usually solved by discretizing time, but the quality of a...
Persistent link: https://www.econbiz.de/10010950988
The difficulty in implementing comprehensive policies aimed at reducing greenhouse gas emissions has led analysts and researchers to wonder about alternative strategies for dealing with climate change. Geoengineering –that is the deliberate reduction of the incoming solar radiation- has...
Persistent link: https://www.econbiz.de/10010640990
of agent’s risk aversion. Also, uncertainty exhibits different effects on mitigation policy and capital investment … according to the availability of ecosystem services. Importantly, both the risk aversion and the availability of ecosystem …
Persistent link: https://www.econbiz.de/10008480915
model captures the feature that the effects of uncertainty are different with different levels of agent's risk aversion. A …
Persistent link: https://www.econbiz.de/10005034303
We present a simple approach to transform a deterministic numerical model, where several agents simultaneously make decisions, into a stochastic model. This approach, which builds on scenario aggregation, a numerical method developed to solve decision problems under uncertainty, is used to build...
Persistent link: https://www.econbiz.de/10010720640
towards risk. We find that the uncertainty associated with anthropogenic climate change imply carbon taxes much higher than …
Persistent link: https://www.econbiz.de/10010821789
The importance of risk management increases as farmers become more exposed to risk. But risk management is a difficult … topic because income risk is the result of the complex interaction of multiple risk factors combined with the effect of an … increasing array of possible risk management tools. In this paper we use Bayesian networks as an integrated modelling approach …
Persistent link: https://www.econbiz.de/10010822721