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uncertainty about the monetary return from production of the public good. After group members make their provision decisions, the … treatments. The data reveal that average provision of the public good is lower in treatments with uncertainty. However, the … negative impact of uncertainty on provision only occurs when subjects experience the certain treatment prior to experiencing an …
Persistent link: https://www.econbiz.de/10011213788
uncertainty about the monetary return from production of the public good. After group members make their provision decisions, the … treatments. The data reveal that average provision of the public good is lower in treatments with uncertainty. However, the … negative impact of uncertainty on provision only occurs when subjects experience the certain treatment prior to experiencing an …
Persistent link: https://www.econbiz.de/10011103386
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The effects of information on market design are explored in a simple setting where firms have private information about their correlated fixed costs and the government aims to maximize its expected revenue conditional on achieving efficient allocations. Government revenues are higher when the...
Persistent link: https://www.econbiz.de/10011940656
Sandy struck a strategically important city in a strategically important country within days of a strategically important election. Climate justice has many synergistic and sometimes competing dimensions. Irrespective of the degree to which climate change contributes to any given weather event,...
Persistent link: https://www.econbiz.de/10013098402
Hydraulic fracturing has been a game changer for the energy field, bringing to mind the “nothing in excess” carving at Delphi. Whether heeding ancient oracles or cutting-edge principles of calibration, I argue that dynamic governance innovation can facilitate climate-energy-water balancing...
Persistent link: https://www.econbiz.de/10013086229
Nuclear meltdown in Japan and civil society strife across the Middle East highlight the degree to which resilience is core to international peace and security. This article considers the means by which communities can become increasingly resilient through shared best practices across a range of...
Persistent link: https://www.econbiz.de/10014175504
The World Economic Forum recognizes that while restrictions on energy affect water systems and vise versa, energy and water policy are rarely coordinated. The International Panel on Climate Change predicts that wet places will become wetter and dry places will become dryer. Transboundary water,...
Persistent link: https://www.econbiz.de/10014196020