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(particularly over the possibility of a catastrophic climate outcome) creates insurance value, which pushes us to earlier and …
Persistent link: https://www.econbiz.de/10012225170
uniform. We analyze how climate risks could be reduced via an insurance scheme at the global scale across regions and quantify …
Persistent link: https://www.econbiz.de/10010404114
This article argues that the Kyoto Protocol to the 1992 Framework Convention on Climate Change (UNFCCC) was doomed to face difficulties ab initio. Moving the climate change agenda forward multilaterally among the 195 parties to the UNFCCC is proving to be a serious challenge. The lack of...
Persistent link: https://www.econbiz.de/10014174532
This paper analyzes the causes, responses, and consequences of the Fukushima nuclear power plant accident (March 2011) by comparing these with Three Mile Island (March 1979) and Chernobyl (April 1986). We identify three generic modes of organizational coordination: modular, vertical, and...
Persistent link: https://www.econbiz.de/10014176848
Global governance institutions for climate change, such as those established by the United Nations Framework Convention on Climate Change and the Kyoto Protocol, have so far failed to make a significant impact on greenhouse gas emissions. Following the lead of Elinor Ostrom, this paper offers an...
Persistent link: https://www.econbiz.de/10014181444
Paper presents diverse modes of governance of chemical and biological risks in agri-food sector, assesses their efficiency, complementarities, and challenges, and suggests recommendations for public policies improvement. It defines governance as system of social order responsible for particular...
Persistent link: https://www.econbiz.de/10014182240
We characterize the equilibrium level of emissions, the equilibrium stock of global pollution and the discounted net social welfare for both the cooperative and non-cooperative equilibria when the countries face the risk of a sudden irreversible jump in the global damages at an unknown date. The...
Persistent link: https://www.econbiz.de/10014186111
decision making in environments overloaded with information regarded as dangerous (noxity, Schroeder et al, 1967), the board of …
Persistent link: https://www.econbiz.de/10014044031
As Hurricane Katrina vividly revealed, disaster policy in the United States is broken and needs reform. What can we learn from past disasters - storms, floods, earthquakes, tsunamis, landslides, and wildfires - about preparing for and responding to future catastrophes? How can these lessons be...
Persistent link: https://www.econbiz.de/10014193748
perception that we conduct today form a baseline of information against which we can observe changes in public risk attitudes …
Persistent link: https://www.econbiz.de/10014197295