Individual risk preference may change after experiencing external socio-economic or natural shocks. Theoretical … predictions and empirical studies suggest that risk taking may increase or decrease after experiencing shocks. So far the … whether experiencing financial and health-related damage caused by storms affects risk preference of individuals in Germany …

2012 and 2014, each among more than 6,000 German households, we analyze the determinants of individual risk perception … associated with three kinds of natural hazards: heat waves, storms, and floods. Our focus is on the role of objective risk … are strong drivers of individual risk perception. …

households, we analyze the determinants of individual risk perception associated with three kinds of natural hazards: heat waves …, storms, and floods. Our focus is on the role of objective risk measures and experience with these natural hazards, whose … experience with adverse events and, even more importantly, personal damage therefrom are strong drivers of individual risk …

Individual risk preference may change after experiencing external socio-economic or natural shocks. Theoretical … predictions and empirical studies suggest that risk taking may increase or decrease after experiencing shocks. So far the … whether experiencing financial and health-related damage caused by storms affects risk preference of individuals in Germany …

Modeling the price risk of CO2 certificates is one important aspect of integral corporate risk management related to … emissions trading. The paper presents a risk model which may be the basis for evaluating the risk of emission certificate prices …

Modeling the price risk of CO2 certificates is one important aspect of integral corporate risk management related to … emissions trading. The paper presents a risk model which may be the basis for evaluating the risk of emission certificate prices … expected reversion level and to estimate the parameters of the mean reversion process. -- risk ; carbon dioxide ; emissions …

whether flood risk perception in the housing market changes across a country after the occurrence of a catastrophic fluvial … flood. Using a comprehensive geocoded German house price data set and official flood risk maps, we exploit the July 2021 … fluvial flood that was salient across Germany as an exogenous variation to causally measure the flood risk valuation update in …

We study the impact of the Fukushima disaster on environmental concerns, well-being, risk aversion, and political … the disaster significantly increased environmental concerns among Germans. One underlying mechanism likely operated … through the perceived risk of a similar meltdown of domestic reactors. After Fukushima, more Germans considered themselves as …