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The effects of extreme weather events, such as heat waves and droughts, are taken into account in both global and … emerging risks of extreme weather events, in particular, droughts and high temperatures, for the German power sector. Our … extreme weather events will aggravate the observed problem, especially with respect to the transition of the power sector. …
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This paper deals with the effect of (i) damage experience from extreme weather events and (ii) expectations concerning …. The effect of experienced weather events on SWB of the heads of the households is only significant for heat waves; not for … weather experiences are quantified. It becomes apparent that the indirect effect is significant but small compared to the …
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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 empirical evidence is sparse, especially when it comes to...
Persistent link: https://www.econbiz.de/10011454120
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 empirical evidence is sparse, especially when it comes to...
Persistent link: https://www.econbiz.de/10012993572
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