. Through strengthening constituencies in policy reform SESA can potentially reduce the risk of regulatory capture of REDD+ by …

This paper deals with private forest owners' insurance demand against forest fire risk. Econometric analysis is …

model with a composite price. Using the long-term model an optimal harvesting problem is analyzed, which requires the … found to have a significant impact on land value and optimal harvesting decisions …

respect to reducing trihalomethanes (THMs) in their public drinking water system. THMs are an interesting environmental risk … to study. First they are a low-level risk created as a byproduct (via chlorination) of reducing the much larger risk of … magnitudes to respondents. Respondents were randomly assigned to different risk levels and statistical tests reject the …

support for the hypothesis that attitude to risk and attitude to ambiguity are two independent phenomena. In fact in this … experiment, decision-makers are both risk-seekers (i.e., the mean WTP for insurance is on average smaller than the expected value … of the loss) and ambiguity averse (i.e., the mean WTP for insurance is on average higher for an ambiguous risk than for a …

:contingent claims (CC) with risk neutral valuation and dynamic programming (DP) using a constant risk adjusted discount rate … considered for which CC and DP with a constant discount rate are consistent with each other.An optimal tree harvesting example is … (such as futures prices) that allow the estimation of the market price of risk or convenience yield. Even when such data do …