Scientific and technological advances are resulting in improved forecasts of risk, but do better forecasts result in better risk management? I investigate to what extent the improvements in lead time of winter weather advisories affect the frequency of motor vehicle crashes. I construct a data...

Advances in predictive technologies are improving forecasts of risk, but do better forecasts result in better risk management? Using data on winter forecasts and vehicle crashes from 11 states in the US, I investigate the value of improvements in forecast lead times. I show that winter...

: We contribute to the Responsible Research and Innovation (RRI) literature in two ways: (i) we consider how societal aspects are taken into account in research and innovation (R&I) activities in four fundamentally different scenarios, as opposed to analysing current practices; and (ii) put the...

We analyze the design of international environmental agreement (IEA) by a three-stage coalition formation game. In stage one, a designer chooses an IEA rule which, depending on the coalition of signatories formed in stage two, specifies the action that each signatory should take in stage three....

We analyze the design of optimal international environmental agreement (IEA) by a three-stage coalition formation game. A certain degree of participation uncertainty exists in that each country choosing to sign the IEA for its best interest has a probability to make a mistake and end up a...

The U.S. and China are the world’s largest and second largest CO2 emitters, respectively, and to what extent the U.S. and China get involved in combating global climate change is extremely important both for lowering compliance costs of climate mitigation and adaptation and for moving...

Using a world multi-sectoral, multi-regional trade model, this paper has investigated the economic and environmental implications of climate control coalitions cooperating on R&D investment that triggers low cost environmentally friendly technologies. We start with the Kyoto scenario where all...

There are many economic parameters that may affect environmental degradation. At the forefront of these parameters is the productive economic structures of the countries The present paper discusses the dynamic relationship between carbon dioxide (CO2) emissions, economic growth and productive...

Scientific and experimental data, mathematical modeling of climate change confirm the inevitability of warming as a result of anthropogenic impact. Agriculture, and especially crop production, is the most sensitive to climate change, in connection with which the world-famous practices for...