Scientific ambiguity and climate policy
Environmental and Resource Economics. Economic evaluation of climate policy traditionally treats uncertainty by appealing to expected utility theory. read more »
Topic: Climate science, uncertainty and risk
Handling non-monetised factors in project, programme and policy appraisal
Since the 1980s there has been an increasing emphasis in UK government policy, programme and project appraisal on the monetisation of factors for which there is no appropriate … read more »
Modeling imbalanced economic recovery following a natural disaster using input-output analysis
Guan, Dabo. October 2013 Risk Analysis. 33(10), 1908-1923.
Incorporating climate change and growth into the post-2015 framework for disaster risk reduction
The economic costs of natural disasters have continued to rise since the early 1980s and are expected to rise further given the challenges of climate change and population … read more »
On welfare frameworks and catastrophic climate risks
Journal of Environmental Economics and Management. Recent theoretical work in the economics of climate change has suggested that climate policy is highly sensitive to ‘fat-tailed’ risks of catastrophic outcomes (Weitzman, 2009). read more »
The role of insurance risk transfer in encouraging climate investment in developing countries
In: Dupuy, P-M., Viñuales, J. E. (eds.) Harnessing foreign investment to promote environmental protection. Cambridge University Press, Cambridge, UK, pp. 228-250.
Flutversicherung – Wie der Staat und die Versicherer zusammenkommen können
Reference Suminski, S. 2014. Flutversicherung – Wie der Staat und die Versicherer zusammenkommen können, Zeitschrift fuer das Versicherungswesen ZfV 04/2014.
A preliminary assessment of the impact of climate change on non-life insurance demand in the BRICS economies
Over the past decade, the increase in insurance demand in the BRICS has been a key driver of global non-life premium growth. Current forecasts suggest that these markets will … read more »
Erratum to: Using Information-Gap Decision Theory for Water Resources Planning Under Severe Uncertainty
Korteling B; Dessai S; Kapelan Z (2013). In: Water Resources Management, pp.1-2. doi: 10.1007/s11269-013-0276-5
Uncertainty and decision in climate change economics
Uncertainty is intrinsic to climate change: we know that the climate is changing, but not precisely how fast or in what ways. Nor do we understand fully the social and economic consequences of these changes, or the options that will be available for reducing climate change. Furthermore, the uncertainty about these issues is not readily […]