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Drought disaster is one of the meteorological disasters that hinders agricultural development, and risk assessment of … this disaster can reduce losses. Although there are many kinds of risk assessment methods, most of them are static. For … this reason, a risk assessment model combining static assessment and dynamic assessment is proposed. In this model, firstly …
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When non-point source pollution is stochastic and the damage function is convex, intuition might suggest it is more important to control a non-point pollution source than a point source. Earlier research has provided sufficient conditions such that the permit price for a unit of ex-ante expected...
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have studied behavior in the face of risk and uncertainty for at least a century, and risk and uncertainty are without a … doubt a feature of economic life. It is thus puzzling that price risk—that is, unexpected departures from a mean price level …, or price volatility—has received so little attention. In this review, we discuss the microeconomics of price risk. We …
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