Paper 34 International efforts to provide global public goods often face the challenges of coordinating national contributions and distributing costs equitably in the face of uncertainty, inequality, and free-riding … read more »
Equilibrium models have been proposed in literature with the aim of describing the evolution of the price of emission permits. This paper derives first a reduced-form … read more »
Historical growth dynamics of energy technologies reveal a consistent relationship between the extent to which a technology’s installed capacity grows and the time duration of that … read more »
Also known as Munich Re Technical Paper 4. Economic evaluation of climate policy traditionally treats uncertainty by appealing to expected utility theory. Yet our knowledge of the impacts of climate policy may not be of sufficient quality to justify probabilistic beliefs. In such circumstances, it has been argued that the axioms of expected utility theory […]
Climate change is likely to lead to an increase in the frequency and/or intensity of certain types of natural hazards, if not globally, then at least … read more »
As the world becomes wealthier over time, inflation-adjusted insured damages from natural disasters go up as well. This working paper analyses whether there is still a … read more »
Abstract of Working Paper 37 Modeling has emerged as a key technology in analysis of socio-ecological systems. However, modelling tends to focus on the mechanistic materiality of biophysical systems, which obscures the diversity of performative social behaviours and normative cultural positions of actors within the modelled system. The fact that changes in the biophysical system can […]
Abstract of Working Paper 38 Historically, the semi-arid socio-ecological systems of dry Centro American corridor have proven resilient to pressures. In the last century, these systems, however, have experienced huge environmental and socio-economic changes that have increased the vulnerability of local livelihoods to shocks and perturbations. New approaches are needed to capture complex, uncertain, cross-scale […]
The allocation rules for phase one EU ETS emissions permits demonstrates that energy generators were lobbying winners because they successfully blocked differential treatment (rules) from energy … read more »
Abstract of Working Paper 32 It is vitally important to identify agro-ecosystems that may cease functioning due to changing climate or land degradation. However, identifying such systems is confounded on both conceptual and methodological grounds, especially in systems that are moving towards thresholds, a common trait of dryland environments. We explore these challenges by analysing […]
