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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Accounting for Different Uncertainties: Implications for Climate Investments? | |
Svenja Hector | |
发表日期 | 2013 |
出处 | Climate Change and Sustainable Development |
出版年 | 2013 |
语种 | 英语 |
摘要 | The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a general framework that can cope with various forms of uncertainty, it is shown that the response of the consumption discount rate to a change in risk aversion depends on some fundamental properties of the considered uncertainties. The application of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields a new result on preference uncertainty. *** Suggested citation: Hector, S., (2013), 'Accounting for Different Uncertainties: Implications for Climate Investments?' Nota di Lavoro 107.2013, Milan, Italy: Fondazione Eni Enrico Mattei. |
特色分类 | H43;D81;Q54 |
关键词 | Discount Rate Risk Aversion Kreps-Porteus-Selden Risk-Sensitive Preferences Uncertain Preferences Climate Change |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/accounting-for-different-uncertainties-implications-for-climate-investments/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118213 |
推荐引用方式 GB/T 7714 | Svenja Hector. Accounting for Different Uncertainties: Implications for Climate Investments?. 2013. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
2014181125461Nota_di(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
2014181126454NDL2013(1520KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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