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Insurance Demand for Disaster-Type Risks and the Separation of Attitudes Toward Risk and Ambiguity : An Experimental Study

Marielle, Brunette - 2011

support for the hypothesis that attitude to risk and attitude to ambiguity are two independent phenomena. In fact in this … experiment, decision-makers are both risk-seekers (i.e., the mean WTP for insurance is on average smaller than the expected value … of the loss) and ambiguity averse (i.e., the mean WTP for insurance is on average higher for an ambiguous risk than for a …

Persistent link: https://www.econbiz.de/10013127788

Irreversibilities and the Optimal Timing of Environmental Policy Under Knightian Uncertainty

Asano, Takao - 2006

In this paper, we consider a problem in environmental policy design by applying optimal stopping rules. The purpose of this paper is to analyze the optimal timings at which the government should adopt environmental policies to deal with increases in greenhouse gas concentrations and to reduce...

Persistent link: https://www.econbiz.de/10012735092

Curbing Carbon : An Experiment on Uncertainty and Information About CO 2 Emissions

Pace, Davide Domenico - 2020

We investigate how consumers respond to uncertainty about CO2 emission size. In an incentivized online experiment, participants can acquire a valuable good that emits an unknown amount of CO2. We find that beliefs about emission size are strongly predictive of purchases, even exceeding the...

Persistent link: https://www.econbiz.de/10012823124

Discount Rates, Social Judgments, Individuals’ Risk Preferences, and Uncertainty

Kaplow, Louis; Weisbach, David A. - 2011

social value judgments and individuals’ risk preferences, the latter raising an empirical question about choices under …, raises further complications regarding the relationship between social judgments and individuals’ risk preferences …

Persistent link: https://www.econbiz.de/10014179557

Competitive politics, simplified heuristics, and preferences for public goods

Schläpfer, Felix; Schmitt, Marcel; Roschewitz, Annette - 2007

This paper examines the role of simplified heuristics in the formation of preferences for public goods. Political scientists have suggested that voters use simplified heuristics based on the positions of familiar parties to infer how a proposed policy will affect them and to cast a vote in line...

Persistent link: https://www.econbiz.de/10003892449

The demand for voluntary carbon sequestration : experimental evidence from a reforestation project in Germany

Bartels, Lara; Kesternich, Martin; Löschel, Andreas - 2021

With the increasing recognition of the use of reforestation measures as a complement to conventional carbon emissions avoidance technologies it is important to understand the market valuation of local forest carbon sinks for climate change mitigation. We conducted a framed-field experiment among...

Persistent link: https://www.econbiz.de/10012671884

The Demand for Voluntary Carbon Sequestration – Experimental Evidence From a Reforestation Project in Germany

Bartels, Lara; Kesternich, Martin; Löschel, Andreas - 2021

Persistent link: https://www.econbiz.de/10013311729

Price of climate risk hedging under uncertainty

Rubtsov, Alexey; Xu, Wei; Šević, Aleksandar; Šević, … - In: Technological forecasting & social change : an … 165 (2021), pp. 1-10

Persistent link: https://www.econbiz.de/10012671618

Risk-taking behavior in the wake of natural disasters

Cameron, Lisa Ann; Shah, Manisha - 2012

We study whether natural disasters affect risk-taking behavior exploiting geographic variation in exposure to natural … disasters. We conduct standard risk games (using real money) with randomly selected individuals in Indonesia and find that … individuals who recently suffered a flood or earthquake exhibit more risk aversion than individuals living in otherwise like …

Persistent link: https://www.econbiz.de/10009575341

Delegation and public pressure in a threshold public goods game : theory and experimental evidence

İriş, Doruk; Lee, Jungmin; Tavoni, Alessandro - 2016

The provision of global public goods, such as climate change mitigation and managing fisheries to avoid overharvesting, requires the coordination of national contributions. The contributions are managed by elected governments who, in turn, are subject to public pressure on the matter. In an...

Persistent link: https://www.econbiz.de/10011457585

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