Climate change adaptation: How short-term political priorities trample public well-being

S Kehler, SJ Birchall - Environmental Science & Policy, 2023 - Elsevier
Climate change looms, with many communities already suffering from worsening impacts.
Despite ample research into how to adapt, attempts have been slow and often inadequate in …

A real options-based decision-making model analysis for climate change mitigation strategies on buildings

W Li, G Gong, H Jia, Z Ren, A Chong - Journal of Cleaner Production, 2023 - Elsevier
Flexible options are expected to be adopted in climate change mitigation strategies due to
the high uncertainty of climate change. Real options analysis (ROA) matches the feature of …

Facing the storm: Developing corporate adaptation and resilience action plans amid climate uncertainty

K Hennes, D Bendig, A Löschel - npj Climate Action, 2024 - nature.com
Climate hazards disrupt global value chains and business operations, leading to€ 52 billion
in losses for the European Union in 2022 alone. In response to this escalating crisis, there is …

Opportunity knocks but just once: Impact of infrastructure investment decision on climate adaptation to flood events

C Yi, Z Chen, H Chen - Omega, 2023 - Elsevier
Extreme natural disasters caused by climate change and socio-economic development,
such as floods, are likely to occur more frequently and impose an increasing threat on the …

Risk, risk aversion, and agricultural technology adoption─ A novel valuation method based on real options and inverse stochastic dominance

A Spiegel, W Britz, R Finger - Q Open, 2021 - academic.oup.com
Risk and risk preferences belong to the key determinants of investment-based technology
adoption in agriculture. We develop and apply a novel approach in which an inverse second …

Estimating the potential risks of sea level rise for public and private property ownership, occupation and management

G Warren-Myers, G Aschwanden, F Fuerst, A Krause - Risks, 2018 - mdpi.com
The estimation of future sea level rise (SLR) is a major concern for cities near coastlines and
river systems. Despite this, current modelling underestimates the future risks of SLR to …

A real options‐based decision‐making model for infrastructure investment to prevent rainstorm disasters

T Wang, B Liu, J Zhang, G Li - Production and Operations …, 2019 - journals.sagepub.com
Extreme precipitation caused by global climate change is expected to have a severe impact
on urbanized areas. While decision‐makers struggle with climate uncertainty, an effective …

A Bayesian decision network–based pre-disaster mitigation model for earthquake-induced cascading events to balance costs and benefits on a limited budget

W Gu, J Qiu, J Hu, X Tang - Computers & Industrial Engineering, 2024 - Elsevier
Cascading disasters induced by earthquakes amplify the severity of the initial impact on
environment. Although decisionmakers may face uncertainty, an effective mitigation strategy …

Managing risks from climate impacted hazards–the value of investment flexibility under uncertainty

C Truong, S Trück, S Mathew - European Journal of Operational Research, 2018 - Elsevier
Incomplete knowledge about climate change and the related uncertainty in climate
prediction makes adaptation inherently difficult. We introduce a real options framework to …

Modeling risks from natural hazards with generalized additive models for location, scale and shape

D Pitt, S Trück, R van den Honert, WW Wong - Journal of environmental …, 2020 - Elsevier
We investigate a new framework for estimating the frequency and severity of losses
associated with catastrophic risks such as bushfires, storms and floods. We explore …