Showing 1 - 10 of 99,156
experience of such disasters affects the perception of the risk of nuclear accidents. Estimation results show that the perceived … risk of a nuclear accident is positively associated with experiencing technological disasters but not with that of natural …
Persistent link: https://www.econbiz.de/10010597556
experience of such disasters affects the perception of the risk of nuclear accidents. Estimation results show that the perceived … risk of a nuclear accident is positively associated with experiencing technological disasters but not with that of natural …
Persistent link: https://www.econbiz.de/10009652029
-focused information about the effects of climate change influences the personal perceived risk (PPR) of individual people. Based on a … adaptation ; perceived risk ; adaptation motivation ; spatial-temporal distance ; information, protection motivation theory …
Persistent link: https://www.econbiz.de/10008660634
how large-scale natural disasters influence people's perception toward disaster risk. We use large-scale property … suggest that changes in risk perception are found for prospective homebuyers, rather than for tenants. Second, post …'s awareness of risk not only in directly affected areas but also in unaffected areas as well. This study focuses on the …
Persistent link: https://www.econbiz.de/10012861510
This paper investigates the relationship between extreme weather conditions and the risk of flooding-induced harvest … variation across time and space. Risk of harvest failure increases for agricultural households with more extreme weather … conditions. The effect is especially pronounced for a subsample of households in high-risk areas. Overall, extreme weather …
Persistent link: https://www.econbiz.de/10015053813
The paper proves that the Bayesian approach to learning and expectations formation implies no propositions that could conceivably be refuted by observation. For a (non-expanding) universe infinite in time but finite at any point of time, it is shown that by a suitable choice of priors, any...
Persistent link: https://www.econbiz.de/10010311263
We study firms' incentives to acquire costly information in booms and recessions to understand the role of endogenous information in explaining asymmetric business cycles. When the economy has been in a boom in the previous period, and firms enter the current period with an optimistic belief,...
Persistent link: https://www.econbiz.de/10010281437
The paper proves that the Bayesian approach to learning and expectations formation implies no propositions that could conceivably be refuted by observation. For a (non-expanding) universe infinite in time but finite at any point of time, it is shown that by a suitable choice of priors, any...
Persistent link: https://www.econbiz.de/10010956859
I study the role of shocks to beliefs combined with Bayesian learning in a standard equilibrium business cycle framework. By adapting ideas from Cogley and Sargent (2008b) to the general equilibrium setting, I am able to study how a prior belief arising from the Great Depression may have...
Persistent link: https://www.econbiz.de/10010816021
This paper attemps to identify, in a framework deliberately stripped of unnecessary technical- ities, some of the basic reasons why adaptive learning may or may not lead to stability and convergence to self-fulfilling expectations in large socioeconomic systems where no agent, or collection of...
Persistent link: https://www.econbiz.de/10005043711