Spreading Environmental Economics Worldwide

Worldwide spreading of economic crisis

We model the spreading of a crisis by constructing a global economic network and applying the susceptible–infected–recovered (SIR) epidemic model with a variable probability of infection. The probability of infection depends on the strength of economic relations between a given pair of countries and the strength of the target country. It is expected that a crisis that originates in a large coun...

Towards a worldwide wood economics spectrum.

Wood performs several essential functions in plants, including mechanically supporting aboveground tissue, storing water and other resources, and transporting sap. Woody tissues are likely to face physiological, structural and defensive trade-offs. How a plant optimizes among these competing functions can have major ecological implications, which have been under-appreciated by ecologists compar...

Essays in Environmental Economics

This thesis examines various aspects of environmental economics. The first chapter estimates how individuals' beliefs about climate change are affected by local weather fluctuations. Climate change is a one-time uncertain event with no opportunities for learning; the belief updating process may not be fully Bayesian. Using unique survey data on beliefs about the occurrence of the effects of glo...

Uncertainty in Environmental Economics

An introductory course in environmental economics typically teaches students that the design and evaluation of a policy to deal with an environmental problem boils down to cost-benefit analysis. The instructor might proceed as follows. Left to their own, humans (i.e., producers and consumers) do bad things to the environment, such as polluting rivers and lakes, spewing sulfur dioxide into the a...

Environmental and Regional Economics