It's not now or never: implications of investment timing and risk aversion on climate adaptation to extreme events
From MaRDI portal
Publication:323263
DOI10.1016/J.EJOR.2016.01.044zbMATH Open1346.91187OpenAlexW2289759095MaRDI QIDQ323263FDOQ323263
Publication date: 7 October 2016
Published in: European Journal of Operational Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.ejor.2016.01.044
Recommendations
- Managing risks from climate impacted hazards -- the value of investment flexibility under uncertainty
- Optimal adaptation to uncertain climate change
- Preparing for catastrophic climate change
- Adaptation, mitigation and risk: an analytic approach
- Adaptation to climate change: extreme events versus gradual changes
Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Corporate finance (dividends, real options, etc.) (91G50)
Cites Work
- A theory of the term structure of interest rates
- Loss Models
- A general control variate method for option pricing under Lévy processes
- Decision-making under scientific uncertainty: The economics of the precautionary principle
- Pricing contingent claims on stocks driven by Lévy processes
- Investing for Retirement
- Pricing of catastrophe reinsurance and derivatives using the Cox process with shot noise intensity
- Optimal technology adoption when the arrival rate of new technologies changes
- Climate change and optimal energy technology R\&D policy
- Discounting the distant future: How much do uncertain rates increase valuations?
- A system approach to management of catastrophic risks.
- Optimal timing problems in environmental economics.
- An optimal timing model of water reallocation and reservoir construction
- Market Price of Insurance Risk Implied by Catastrophe Derivatives
- Esscher transforms and the minimal entropy martingale measure for exponential Lévy models
- Pricing catastrophe insurance products based on actually reported claims
- Mortality risk modeling: applications to insurance securitization
- Decision analysis models in reinsurance
Cited In (5)
- Optimal timing of non-pharmaceutical interventions during an epidemic
- Optimal adaptation to uncertain climate change
- Managing risks from climate impacted hazards -- the value of investment flexibility under uncertainty
- Seawalls and Stilts: A Quantitative Macro Study of Climate Adaptation
- Optimal investment and abandonment decisions for projects with construction uncertainty
This page was built for publication: It's not now or never: implications of investment timing and risk aversion on climate adaptation to extreme events
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q323263)