The purpose of this paper is to offer a contribution to the study of integrated assessment procedures for evaluating the effectiveness of agri-environmental policy strategies. While in the past the studies in this context have typically concentrated on the contents of methods in isolation, there...

The main objective of this paper is to analyze within the Mean-Downside Risk (MDR)-framework the relevance of the investment horizon for deriving optimal US asset class allocations. The choice of this risk framework is motivated by its close connection towards the way investors perceive risk and...