nature of climate risk (i.e. deep uncertainty, non-linearity and endogeneity), and of financial risks (interconnectedness and …, sovereign and corporate bonds), climate scenarios conditioned risk metrics (such as the Climate Spread and the Climate Value-at-Risk …). These allow us to introduce forward-looking climate risk scenarios in the valuation of counterparty risk, in the probability …

I analyze optimal natural resource use in an intergenerational model with the risk of a catastrophe. Each generation …

severe harvest losses leads to more risk aversion and stronger overweighting of small probabilities. Higher losses are not …