Das Hochwasser im Sommer 2021 raubte vielen Betroffenen ihr Zuhause und verursachte wirtschaftliche Schäden in Milliardenhöhe. Es ist absehbar, dass solche Flutkatastrophen als Folge von Extremwetterereignissen aufgrund des Klimawandels in Zukunft noch häufiger auftreten werden. Wer sollte...

This review summarizes the empirical literature on the effects of natural disasters and weather variations on international trade flows. A first result is that the body of literature is actually not as small as previously suggested. In total, I summarize 19 studies of 18 independent research...

The political discussion on energy efficiency is focusing more and more on the building sector due to its susceptibility to potential market failures like the negative external pollution effects of CO2 emission. Using a discrete choice approach, this paper aims at deriving factors which increase...

Recent contributions to the theoretical and experimental literature suggest that minimum participation rules (MPRs) are able to reduce free-riding incentives and may facilitate cooperation (or at least coordination) at the extensive margin of international environmental agreements. Based on a...

Climate change may cause socio-economic tipping points (SETPs), where the state of a socio-economic system abruptly changes to a fundamentally different state. While the potential existence of SETPs is recognized, a systematic method to identify and prepare for SETPs is lacking. This study...