Environmental and Natural Resource Economics Decisions Under Risk and Uncertainty: A Survey

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY
W. Shaw
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引用次数: 10

Abstract

This survey paper presents the reader with the economics of risk and uncertainty, narrowly focusing on environmental and natural resources problems. Risk involves known, but uncertainty or ambiguity involves unknown, probabilities, or at least a lack of precision about them. Some theoretical review is provided for decision making under both risk and uncertainty, but emphasis is on critically reviewing the newest relevant empirical work. Topics covered include elicitation of risks or subjective probabilities, nonmarket valuation, value of a statistical life, but also optimal extraction of resources. The paper concludes by offering suggestions for future directions of research.
风险与不确定性下的环境与自然资源经济决策研究
这篇调查论文向读者介绍了风险和不确定性的经济学,狭隘地关注环境和自然资源问题。风险涉及已知,但不确定性或模糊性涉及未知、概率,或至少缺乏对它们的精确性。本文对风险和不确定性下的决策提供了一些理论回顾,但重点是批判性地回顾最新的相关实证工作。涵盖的主题包括风险或主观概率的引出,非市场评估,统计生命的价值,以及资源的最佳提取。最后,对今后的研究方向提出了建议。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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