Showing 1 - 10 of 7,042
Climate change decision-making has emerged in recent decades as an area of research and practice, expanding on an … decision science, particularly advances in the study of cognitive and deliberative processes in individuals and organizations …. The effects of climate, economic, social, and other framings on decision-making have been studied, often showing that …
Persistent link: https://www.econbiz.de/10014091714
Persistent link: https://www.econbiz.de/10012130166
Socio-economic criteria for climate projects have been used in analysing the value of the climate benefit of a reduction in CO2. These reports are optimistic, yet CCS demonstration plants are not implemented as expected. Little attention has been devoted to profitability assessments based on...
Persistent link: https://www.econbiz.de/10010223461
There is a planning gap for CCS projects in Europe. CCS demonstration plants are not implemented as expected. This fact is at odds with optimistic valuation reports that apply socio-economic valuation criteria for climate projects. However, CCS plants are in most cases to be implemented by...
Persistent link: https://www.econbiz.de/10010393639
-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude …
Persistent link: https://www.econbiz.de/10011305430
The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a … rate to a change in risk aversion depends on some fundamental properties of the considered uncertainties. The application … of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields …
Persistent link: https://www.econbiz.de/10010231715
Climate Engineering, and in particular Solar Radiation Management (SRM) has become a widely discussed climate policy option to study in recent years. However, its potentially strategic nature and unforeseen side effects provide major policy and scientific challenges. We study the role of the SRM...
Persistent link: https://www.econbiz.de/10011546706
difficulties identified with IAMs, the choice of the risk aversion parameter and the underestimation of damages, are also directly …
Persistent link: https://www.econbiz.de/10012510301
The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a … rate to a change in risk aversion depends on some fundamental properties of the considered uncertainties. The application … of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields …
Persistent link: https://www.econbiz.de/10010221085
-known success-probability criterion adapted to settings characterized by model uncertainty. We apply this decision criterion to …
Persistent link: https://www.econbiz.de/10011614242