Publications
Stochastic environments as measurement tools: a new approach
Research Muth, K.T., and Helgeson, J.F. March 2011. Stochastic environments as measurement tools: a new approach. The Journal of Applied Economy, v.5, ‘Microinsurance: a new way forward’.
Responses to flooding and implications for policy
Protection of human life and property from flooding is a strategic priority in the UK. We examine how to encourage home owners to protect themselves and their residences. A … read more »
City solutions to global problems
Cities have clearly played a major role in the creation of the problem of anthropogenic climate change and they will form a central part of any response. No effective … read more »
Avoiding disastrous climate change is possible but not inevitable
Reference Scott Barrett: ‘Avoiding disastrous climate change is possible but not inevitable’.
The role of stocks and shocks concepts in the debate over price vs. quantity
Two simple examples are constructed that help to clarify the role of a key assumption in the analysis of price or quantity controls of greenhouse gases … read more »
Climate policy under sustainable discounted utilitarianism
Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the … read more »
Experimental comparison between markets on dynamic permit trading and investment in irreversible abatement with and without nonregulated companies
This paper examines the investment strategies of regulated companies in abatement technologies, market participants’ trading behaviours, and the liquidity level in an inter-temporal cap and trade … read more »
Integrated EUA and CER price modelling and application for spread option pricing
In this paper, we propose a market consistent futures price dynamics model for cap-and-trade schemes, designed in the spirit of the European Union’s Emissions Trading Scheme … read more »
Assessing climate change impacts, sea level rise and storm surge risk in port cities: a case study on Copenhagen
This paper presents a first estimate of the exposure of the world’s large port cities (population exceeding one million inhabitants in 2005) to coastal flooding due to sea-level rise … read more »
A global ranking of port cities with high exposure to climate extremes
This paper presents a first estimate of the exposure of the world’s large port cities (population exceeding one million inhabitants in 2005) to coastal flooding due to sea-level rise … read more »
