Showing 1 - 6 of 6
A factor common to all adaptation measures is the uncertainty that is the hallmark of climate change. The timing, intensity and location of climate change impacts is not known to any degree of precision. Because most deterministic analyses and policy prescriptions ignore this uncertainty, their...
Persistent link: https://www.econbiz.de/10009323556
Increasing attention is being given to adaptation of natural and human systems to climate change. The academic literature covers a wide spectrum of perspectives. Policy considerations, on the other hand, are driven largely by techno-scientific considerations, including in particular a...
Persistent link: https://www.econbiz.de/10008564749
An elicitation format prevalently applied in DCE is to offer each respondent a sequence of choice tasks containing more than two choice options. However, empirical evidence indicates that repeated choice tasks influence choice behavior through institutional learning, fatigue, value learning, and...
Persistent link: https://www.econbiz.de/10008478988
This study explores ordering effects and response strategies in repeated binary discrete choice experiments (DCE). Mechanism design theory and empirical evidence suggest that repeated choice tasks per respondent introduce strategic behavior. We find evidence that the order in which choice sets...
Persistent link: https://www.econbiz.de/10009323557
The concept of ecosystem resilience is being increasingly discussed as a driver of biodiversity values. It implies that marginal deteriorations in ecosystem conditions can abruptly result in non-marginal and irreversible changes in ecosystem functioning and the economic values that the ecosystem...
Persistent link: https://www.econbiz.de/10009323579
Time and value are related concepts that influence human behaviour. Although classical topics in human thinking throughout the ages, few environmental economic non-market valuation studies have attempted to link the two concepts. Economists have estimated non-market environmental values in...
Persistent link: https://www.econbiz.de/10008574077