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Ethnic heterogeneity and the probability of technological disasters

Yamamura, Eiji - Volkswirtschaftliche Fakultät, … - 2011

This paper uses cross-country data from 1965 to 2008 to examine how ethnic heterogeneity affects the probability of technological disasters. Estimation results showed that ethnic heterogeneity increased the probability of technological disasters.

Persistent link: https://www.econbiz.de/10009147603

Public sector corruption and the probability of technological disasters

Yamamura, Eiji - Volkswirtschaftliche Fakultät, … - 2011

A growing number of works have explored the influence of institution on the outcomes of disasters and accidents from the viewpoint of political economy. This paper focuses on the probability of the occurrence of disasters rather than disaster outcomes. Using panel data from 98 countries, this...

Persistent link: https://www.econbiz.de/10009151567

Farmers’ Adaptation to Climate Change: A Framed Field Experiment

Alpízar, Francisco; Carlsson, Fredrik; Naranjo, Maria A. - 2010

The risk of losing income and productive means due to adverse weather can differ significantly among farmers sharing a … baseline of high levels of risk aversion, we still found that farmers more frequently chose the safe options when the setting … is characterized by unknown risk (that is, poor or unreliable risk information). Second, we found that farmers, to a …

Persistent link: https://www.econbiz.de/10008690223

Optimal Emission Policy Under the Risk of Irreversible Pollution

Ayong le Kama, Alain; Pommeret, Aude; Prieur, Fabien - 2011

for the risk of irreversibility induces more conservative decisions regarding consumption and polluting emissions. In …

Persistent link: https://www.econbiz.de/10014185878

Rules vs. Targets : Climate Treaties Under Uncertainty

Gersbach, Hans; Oberpriller, Quirin - 2012

We demonstrate the advantages of a climate treaty based solely on rules for international permit markets when there is uncertainty about abatement costs and environmental damages. Such a ‘Rules Treaty’ comprises a scaling factor and a refunding rule. Each signatory can freely choose the...

Persistent link: https://www.econbiz.de/10014041072

Geoengineering and Abatement : A 'Flat' Relationship Under Uncertainty

Emmerling, Johannes; Tavoni, Massimo - 2013

The potential of geoengineering as an alternative or complementary option to mitigation and adaptation has received increased interest in recent years. The scientific assessment of geoengineering is driven to a large extent by assumptions about its effectiveness, costs, and impacts, all of which...

Persistent link: https://www.econbiz.de/10014158817

Confronting Deep and Persistent Climate Uncertainty

Wagner, Gernot; Zeckhauser, Richard - 2016

Deep-seated, persistent uncertainty is a pernicious feature of climate change. One key parameter, equilibrium climate sensitivity, has eluded almost all attempts at pinning it down more precisely than a ‘likely’ range that has stalled at 1.5–4.5°C for over thirty-five years. The marginal...

Persistent link: https://www.econbiz.de/10014126044

Firm-Level Climate Change Risk and CEO Equity Incentives

Hossain, Ashrafee Tanvir; Al Masum, Abdullah; Saadi, Samir - 2022

We document evidence that the CEOs who lead the firms that face higher climate change risk (CCR) receive higher equity …

Persistent link: https://www.econbiz.de/10014079534

The Social Cost of Carbon with Intragenerational Inequality Under Economic Uncertainty

Ploeg, Frederick van der; Emmerling, Johannes; Groom, … - 2022

intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is …

Persistent link: https://www.econbiz.de/10014082790

Oustry, Antoine; Erkan, Bünyamin; Svartzman, Romain; … - 2021

this choice is that assessing climate-related risk at the pool level avoids the Eurosystem having to decide on which assets …

Persistent link: https://www.econbiz.de/10013250131