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This paper establishes an economic theory of information value and volume that differs from Shannon's mathematical … theory of communication (Shannon, 1948). The economics of information should be recognized as an important frontier field of …
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Examination of estimates of the income elasticity of the value of a statistical life based on international stated preference studies yields an average between 0.94 and 1.05 overall and 0.65 and 0.80 after controlling for covariates. Quantile regression estimates indicate that the income...
Persistent link: https://www.econbiz.de/10012926943
The Amazon rainforest, the world's largest and most biodiverse, represents a global public good of which 15 percent has already been lost. The worldwide value of preserving the remaining forest is today unknown. A "Delphi" exercise was conducted involving more than 200 environmental valuation...
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The Amazon rainforest, the world's largest and most biodiverse, represents a global public good of which 15 percent has already been lost. The worldwide value of preserving the remaining forest is today unknown. A "Delphi" exercise was conducted
Persistent link: https://www.econbiz.de/10012246553
The nature of the international traffic demanded uniting of the rules by which it is being executed. This process is performed by unification aiming to create uniform rules and harmonization/adjustment of rules that were not identical but had a common goal - the opening of the European railway...
Persistent link: https://www.econbiz.de/10013045907
Growing awareness about the environmental hazards of increasing concentration of greenhouse gases like carbon dioxide, methane, nitrous oxide etc. in the atmosphere resulting in global warming and increasing demand of energy with rapidly increase population, throws urgent need for exploring...
Persistent link: https://www.econbiz.de/10014162208
Natural disasters cause economic damages and may exacerbate disparities in income distribution among countries across the globe. This article employs satellite data on real-time active fire locations to evaluate the short-term impact of forest fires on economic inequality around the world. Using...
Persistent link: https://www.econbiz.de/10013548956