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The Effect of Higher Temperatures on Wildfire Size : Evidence from Wildfires on U.S. Forest Service Lands in the Northern Rockies
Wood, Dallas - 2018
This paper investigates the effect that rising temperatures will have on wildfire size in the United States. Using data for 586 wildfires that occurred on US Forest Service land in the Northern Rockies between 1995 and 2012, I find that a 1% increase in the maximum temperature observed during...
Persistent link: https://www.econbiz.de/10012931269
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Who is going to save us now? Bureaucrats, politicians and risky tasks
Raschky, Paul A.; Weck-Hannemann, Hannelore - 2007
The paper compares the policy choices regarding risk-transfer against low-probability-high-loss events between elected … managers are more likely to adopt federal risk-transfer regimes. It is argued that the variation in the level of insurance …
Persistent link: https://www.econbiz.de/10010293419
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Who is going to save us now? : bureaucrats, politicians and risky tasks
Raschky, Paul A.; Weck-Hannemann, Hannelore - 2007
The paper compares the policy choices regarding risk-transfer against low-probability-high-loss events between elected … managers are more likely to adopt federal risk-transfer regimes. It is argued that the variation in the level of insurance …
Persistent link: https://www.econbiz.de/10009731798
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Learning About an Infrequent Event : Evidence from Flood Insurance Take-Up in the US
Gallagher, Justin - 2017
I examine the learning process that economic agents use to update their expectation of an uncertain and infrequently observed event. I use a new nation-wide panel dataset of large regional floods and flood insurance policies to show that insurance take-up spikes the year after a flood and then...
Persistent link: https://www.econbiz.de/10012942644
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Climate Change Cosmopolitanism
Sunstein, Cass R. - 2021
If one nation damages another, what are its obligations? This question can be approached and understood in diverse ways, but it is concretized in debates over the social cost of carbon, which is sometimes described as the linchpin of national climate policy. The social cost of carbon, meant to...
Persistent link: https://www.econbiz.de/10013215313
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A re-examination of the U.S. Insurance Market’s Capacity to Pay Catastrophe Losses
Dionne, Georges; Desjardins, Denise - 2022
Cummins, Doherty, and Lo (2002) present a theoretical and empirical analysis of the capacity of the property liability insurance industry in the U.S. to finance catastrophic losses. In their theoretical analysis, they show that a sufficient condition for capacity maximization is for all insurers...
Persistent link: https://www.econbiz.de/10013405928
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The treatment of risk and uncertainty in the US social cost of carbon for regulatory impact analysis
Dietz, Simon - 2011
This note considers the treatment of risk and uncertainty in the recently established social cost of carbon (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by …
Persistent link: https://www.econbiz.de/10010305979
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The treatment of risk and uncertainty in the US social cost of carbon for regulatory impact analysis
Dietz, Simon - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-18, pp. 1-12
This note considers the treatment of risk and uncertainty in the recently established social cost of carbon (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by …
Persistent link: https://www.econbiz.de/10010309048
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The treatment of risk and uncertainty in the US social cost of carbon for regulatory impact analysis
Dietz, Simon - 2011
This note considers the treatment of risk and uncertainty in the recently established "social cost of carbon" (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by … that very target. -- Ambiguity ; climate change ; discounting ; integrated assessment modelling ; risk ; social cost of …
Persistent link: https://www.econbiz.de/10009238751
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The treatment of risk and uncertainty in the US social cost of carbon for regulatory impact analysis
Dietz, Simon - 2012
This note considers the treatment of risk and uncertainty in the recently established "social cost of carbon" (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by … that very target. -- ambiguity ; climate change ; discounting ; integrated assessment modelling ; risk; social cost of …
Persistent link: https://www.econbiz.de/10009544394