Climate change is affecting the quality of life and well-being of residents of U.S. communities and neighborhoods, posing a critical challenge for municipalities attempting to simultaneously address competing economic interests and public welfare concerns through climate adaptation policies. In...

How does subjective well-being depend on the fate of others when a covariate shock strikes? In this paper, we address this question by providing novel evidence on the impact of shock-induced damages experienced by individuals and their reference group on life satisfaction. We do so by examining...

In recent years, bioeconomy strategies have been implemented and adapted internationally. In the bioeconomy, materials are to a certain extent circular by nature. However, biomaterials may also be used in a rather linear way. Lately, a transition towards a circular economy, a more restorative...