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Nature conservation scientists and practitioners have voiced the concern that a conservation discourse based on … economic arguments and monetary valuation may undermine conservation efforts by eroding ("crowding out") the influence of other … arguments for nature conservation. This paper presents the results of a decision experiment in which nature conservation is …
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takes explicit account of model uncertainty. To this end, the value function we propose is an analogue of the well …-known success-probability criterion adapted to settings characterized by model uncertainty. We apply this decision criterion to …
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greenhouse gas emission reduction in structural environmental-macroeconomic DSGE models. First, we analyze the uncertainty in …
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"This book provides a thorough grounding in the science and economics of climate policy issues and draws key lessons from the longer experiences of central banks in grappling with related challenges. Findings and controversies of climate history and the effects of human activities on climate are...
Persistent link: https://www.econbiz.de/10008934866
The observations performed during the eight years do not yet allow us to make any big generalizations, but we can still conclude, that during this period the conditions of the natural environment in Estonia continued to improve. Moreover, exposure of the average population in Estonia to...
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