Publications

Pricing ambiguity in catastrophe risk insurance

Working paper by Simon Dietz, Falk Niehörster on 23 May 2019

The authors of this paper apply a newly developed insurance pricing model to two catastrophe model data sets relating to hurricane risk in two locations in the Atlantic basin, estimating ambiguity loads – the extra insurance premium due to ambiguity – and showing how these depend on the insurer’s attitude to ambiguity. read more »





China’s 14th Plan, sustainable development and the new era

Policy publication by Isabella Neuweg, Nicholas Stern on 7 May 2019

Headline issues Wellbeing, quality and sustainability: the new focuses of China’s transformation The 14th Five-Year Plan (covering 2021–25) will be a crucial element in shaping the new era, for China and for the world. China’s transformation has seen it rise from low-income to upper-middle-income status in just over four decades. China will transform again in […]


Subnational Leaders and Diplomacy

Research article by Joana Setzer on 1 May 2019

Subnational diplomacy has become an increasingly important part of foreign policy and international relations. This observation concerns a state of affairs that is not necessarily obvious or given. First, by … read more »




Sustainability and internationalism: driving development in the 21st century

Policy publication by Nicholas Stern on 28 Mar 2019

Nicholas Stern contends that embarking on a path of strong, sustainable and inclusive growth can deliver the zero-carbon economy and the Sustainable Development Goals, and that such a strategy both requires, and can help create, a new internationalism. This is an extended version of a lecture by Professor Stern delivered in February 2019 at the University of Cambridge. read more »