Measures of inequality aversion are elicited using hypothetical decision tasks. The tasks require an assessment of projects in the presence of environmental inequalities across space and time. Read more
cost-benefit analysis
Swenja Surminski discusses the impact of climate change on the UK housing sector. In this interview with Future Housing she outlines three major risk categories facing the sector: physical, transition and litigation and liability risk. She also discusses the importance of ensuring that post-COVID-19 recovery measures take account of climate targets. Read more
In this paper the authors provide experimental evidence to illustrate that aversion to environmental inequality is as pronounced as aversion to income inequality and varies across different types of environmental quality. Read more
With recent reports criticising the UK Government’s rollout of its smart meter implementation programme, Greer Gosnell and Daire McCoy review the costs and benefits and call for a revamp, particularly of consumer engagement. Read more
This submission was made to Defra’s consultation on environmental principles and governance after the UK leaves the European Union. Read more
As sea levels rise with climate change there is pressure to protect the coast but while individual properties may benefit from seawalls, neighbouring properties may experience negative effects due, for example, to accelerated beach loss. This paper investigates the impacts of seawalls on property values in San Diego and Santa Cruz. Read more
This paper addresses enduring misunderstandings about ‘social opportunity cost’ versus ‘social time preference’ discounting. Read more
This research shows that when the monetary value people place on their health is measured by surveys, the type of institution sponsoring those surveys has an effect on that value. Read more
Social discount rates (SDRs) are used in cost–benefit analysis to determine the present value of future costs and benefits: for... Read more
A substantial literature of social discounting has now extended over more than 50 years, but practical approaches in developed economies... Read more
