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Should loss of earnings be compensated? The established law and economics wisdom considers pure economic loss as a transfer of wealth from the victim to a third party, whose earnings increase as a consequence of the accident. Such transfers do not amount to a social loss and, hence, should not...
Persistent link: https://www.econbiz.de/10010325460
A number of issues need to be considered when developing aggregated economic damage functions due to climate change … mechanism of vulnerability, (iii) the rate of technological advance and diffusion (iv) the issue of detection of damages and … illustrative model. The findings suggest that there is a significant upward bias in damage functions calculated without …
Persistent link: https://www.econbiz.de/10009437058
The impacts of oil spills -- ranging from the large, widely publicized Exxon Valdez tanker incident to smaller pipeline and refinery spills -- have been costly to both the oil industry and the public. For example, the estimated costs to Exxon of the Valdez tanker spill are on the order of $4...
Persistent link: https://www.econbiz.de/10009437124
nowcasting, and for post-disaster damage assessment. We focus on Fiji and on its agriculture sector, and on tropical cyclones … be used for both nowcasting and post-disaster damage assessments. …
Persistent link: https://www.econbiz.de/10014549270
have successfully mitigated the consequences and minimised the damage to their reputations. Specific South African …
Persistent link: https://www.econbiz.de/10009457763
development, but in others, disputes have erupted over land use, property rights, environmental damage, and revenue sharing …
Persistent link: https://www.econbiz.de/10014458227
Persistent link: https://www.econbiz.de/10010435662
Should loss of earnings be compensated? The established law and economics wisdom considers pure economic loss as a transfer of wealth from the victim to a third party, whose earnings increase as a consequence of the accident. Such transfers do not amount to a social loss and, hence, should not...
Persistent link: https://www.econbiz.de/10011349187
Persistent link: https://www.econbiz.de/10010240032
Persistent link: https://www.econbiz.de/10010386863