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The paper discusses the importance of standards for sustainable bioenergy production. Sustainability of bioenergy production is crucial if bioenergy is supposed to contribute effectively to climate change mitigation. First, a brief overview of current bioenergy policies and of initiatives and...
Persistent link: https://www.econbiz.de/10008522945
This paper describes the mechanisms that link poverty reduction with climate and energy policy. First, there is a brief analysis of the relationship between ongoing climate change, energy use and poverty. This analysis is followed by an overview of different policy options that have the...
Persistent link: https://www.econbiz.de/10005008096
Indicators for sustainability are necessary in order to gain insights into the development of a country's or a region's sustainability in the past and in order to forecast the future development. Based on such indicators, measures in order to strengthen or preserve sustainability can be...
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Empirical research has shown that people tend to overweight small probabilities and underweight large probabilities when valuing risky prospects, but little is known about factors influencing the shape of the probability weighting curve. Based on a laboratory experiment with monetary incentives,...
Persistent link: https://www.econbiz.de/10010576964
Abstract Empirical research has shown that people tend to overweight small probabilities and underweight large probabilities when valuing risky prospects, but little is known about factors influencing the shape of the probability weighting curve. Based on a laboratory experiment with monetary...
Persistent link: https://www.econbiz.de/10009023399
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How does risk tolerance vary with stake size? This important question cannot be adequately answered if framing effects, nonlinear probability weighting, and heterogeneity of preference types are neglected. We show that, contrary to gains, no coherent change in relative risk aversion is observed...
Persistent link: https://www.econbiz.de/10005756603