Computable general equilibrium (CGE) models are wide-spread tools for policy evaluation in the national and international context. They typically feature a detailed representation of productive industries and…
Public flood protection cannot eliminate totally the risk of flooding. Hence, private mitigation measures which proactively protect homes from being flooded or reduce flood damage are an essential part of modern…
Many natural systems involve thresholds that, once triggered, imply irreversible damages for the users. Although the existence of such thresholds is undisputed, their location is highly uncertain. We explore…
Regulatory measures have proven the favored approach to climate change mitigation in the U.S., while market-based policies have gained little traction. Using a model that resolves the U.S. economy by region,…