Risk aversion hinders forestry professionals to adapt to climate change
Author
Abstract
Suggested Citation
DOI: 10.1007/s10584-020-02751-0
Download full text from publisher
To our knowledge, this item is not available for download. To find whether it is available, there are three options:1. Check below whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Other versions of this item:
- M. Brunette & M. Hanewinkel & R. Yousefpour, 2020. "Risk aversion hinders forestry professionals to adapt to climate change," Climatic Change, Springer, vol. 162(4), pages 2157-2180, October.
References listed on IDEAS
- Clarke, Harry R. & Reed, William J., 1989.
"The tree-cutting problem in a stochastic environment : The case of age-dependent growth,"
Journal of Economic Dynamics and Control, Elsevier, vol. 13(4), pages 569-595, October.
- Harry R Clarke & William J. Reed, 1989. "The Tree-Cutting Problem in a Stochastic Environment: The case of Age Dependent Growth," Working Papers 1989.01, School of Economics, La Trobe University.
- Harry R Clarke & William J. Reed, 1989. "The Tree-Cutting Problem in a Stochastic Environment: The case of Age Dependent Growth," Working Papers 1989.01 EDIRC Provider-In, School of Economics, La Trobe University.
- Sujoy Chakravarty & Jaideep Roy, 2009. "Recursive expected utility and the separation of attitudes towards risk and ambiguity: an experimental study," Theory and Decision, Springer, vol. 66(3), pages 199-228, March.
- Eric Nazindigouba KERE & Jérôme FONCEL & Marielle BRUNETTE, 2014.
"Attitude towards Risk and Production Decision: An Empirical analysis on French private forest owners,"
Working Papers
201410, CERDI.
- Marielle Brunette & Jérôme Foncel & Eric Nazindigouba Kere, 2017. "Attitude Towards Risk and Production Decision: an Empirical Analysis on French Private Forest Owners," Post-Print hal-01744533, HAL.
- Eric Nazindigouba Kere & Marielle Brunette & Jérôme Foncel, 2015. "Attitude towards Risk and Production Decision: An Empirical analysis on French private forest owners," CERDI Working papers halshs-01005200, HAL.
- Eric Nazindigouba Kere & Marielle Brunette & Jérôme Foncel, 2015. "Attitude towards Risk and Production Decision: An Empirical analysis on French private forest owners," Working Papers halshs-01005200, HAL.
- Lisa Anderson & Jennifer Mellor, 2009.
"Are risk preferences stable? Comparing an experimental measure with a validated survey-based measure,"
Journal of Risk and Uncertainty, Springer, vol. 39(2), pages 137-160, October.
- Lisa R. Anderson & Jennifer M. Mellor, 2008. "Are Risk Preferences Stable? Comparing an Experimental Measure with a Validated Survey-Based Measure," Working Papers 74, Department of Economics, College of William and Mary.
- Alvarez, Luis H.R. & Koskela, Erkki, 2006.
"Does risk aversion accelerate optimal forest rotation under uncertainty?,"
Journal of Forest Economics, Elsevier, vol. 12(3), pages 171-184, December.
- Luis H. R. Alvarez & Erkki Koskela, 2004. "Does Risk Aversion Accelerate Optimal Forest Rotation under Uncertainty?," CESifo Working Paper Series 1285, CESifo.
- Arnaud Reynaud & Stéphane Couture, 2012.
"Stability of risk preference measures: results from a field experiment on French farmers,"
Theory and Decision, Springer, vol. 73(2), pages 203-221, August.
- Arnaud Reynaud & Stephane Couture, 2010. "Stability of Risk Preference Measures: Results From a Field Experiment on French Farmers," LERNA Working Papers 10.10.316, LERNA, University of Toulouse.
- Couture, Stéphane & Reynaud, Arnaud, 2010. "Stability of Risk Preference Measures: Results from a Field Experiment on French Farmers," TSE Working Papers 10-151, Toulouse School of Economics (TSE).
- Brèteau-Amores, Sandrine & Brunette, Marielle & Davi, Hendrik, 2019.
"An Economic Comparison of Adaptation Strategies Towards a Drought-induced Risk of Forest Decline,"
Ecological Economics, Elsevier, vol. 164(C), pages 1-1.
- Sandrine Brèteau-Amores & Marielle Brunette & Hendrik Davi, 2018. "An economic comparison of adaptation strategies towards a drought-induced risk of forest decline," Working Papers of BETA 2018-38, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Sandrine Brèteau-Amores & Marielle Brunette & Hendrik Davi, 2019. "An Economic Comparison of Adaptation Strategies Towards a Drought-induced Risk of Forest Decline," Post-Print hal-02159597, HAL.
- Charles A. Holt & Susan K. Laury, 2002. "Risk Aversion and Incentive Effects," American Economic Review, American Economic Association, vol. 92(5), pages 1644-1655, December.
- Marielle Brunette & Sandrine Costa & Franck Lecocq, 2012.
"Economics of Species Change under Risk of Climate Change and Increasing Information: A (Quasi-)Option Value Analysis,"
Working Papers - Cahiers du LEF
2012-05, Laboratoire d'Economie Forestiere, AgroParisTech-INRA, revised Sep 2012.
- Marielle Brunette & Sandrine Costa & Franck F. Lecocq, 2012. "Economics of species change under risk of climate change and increasing information : a (Quasi-)Option value analysis," Post-Print hal-01000307, HAL.
- Musshoff, Oliver & Maart-Noelck, Syster Christin, 2014. "An experimental analysis of the behavior of forestry decision-makers — The example of timing in sales decisions," Forest Policy and Economics, Elsevier, vol. 41(C), pages 31-39.
- Marielle Brunette & Robin Bourke & Marc Hanewinkel & Rasoul Yousefpour, 2018. "Adaptation to climate change in forestry: a multiple correspondence analysis (MCA)," Post-Print hal-02620990, HAL.
- Olivier l'Haridon & Ferdinand M. Vieider, 2019.
"All over the map: A worldwide comparison of risk preferences,"
Quantitative Economics, Econometric Society, vol. 10(1), pages 185-215, January.
- Olivier L'Haridon & Ferdinand Vieider, 2019. "All Over the Map A Worldwide Comparison of Risk Preferences," Post-Print halshs-01910201, HAL.
- Marielle Brunette & Nathalie Breda, 2019. "Are 40 years better than 55 ? An analysis of the reduction of forest rotation to face drought event in a Douglas fir stand," Post-Print hal-02118104, HAL.
- Peter Klibanoff & Massimo Marinacci & Sujoy Mukerji, 2005.
"A Smooth Model of Decision Making under Ambiguity,"
Econometrica, Econometric Society, vol. 73(6), pages 1849-1892, November.
- Peter Klibanoff & Massimo Marinacci & Sujoy Mukerji, 2002. "A smooth model of decision making under ambiguity," ICER Working Papers - Applied Mathematics Series 11-2003, ICER - International Centre for Economic Research, revised Apr 2003.
- Sujoy Mukerji & Peter Klibanoff & Northwesern University Massimo Marinacci & Dip. di Satistic e Matematica Applicata & Universita di Torino and ICER, 2002. "A Smooth Model of Decision,Making Under Ambiguity," Economics Series Working Papers 113, University of Oxford, Department of Economics.
- Sauter, Philipp A. & Hermann, Daniel & Mußhoff, Oliver, 2018. "Are foresters really risk-averse? A multi-method analysis and a cross-occupational comparison," Forest Policy and Economics, Elsevier, vol. 95(C), pages 37-45.
- Anna Jönsson & Fredrik Lagergren & Benjamin Smith, 2015. "Forest management facing climate change - an ecosystem model analysis of adaptation strategies," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(2), pages 201-220, February.
- Sousa-Silva, Rita & Verbist, Bruno & Lomba, Ângela & Valent, Peter & Suškevičs, Monika & Picard, Olivier & Hoogstra-Klein, Marjanke A. & Cosofret, Vasile-Cosmin & Bouriaud, Laura & Ponette, Quentin & , 2018. "Adapting forest management to climate change in Europe: Linking perceptions to adaptive responses," Forest Policy and Economics, Elsevier, vol. 90(C), pages 22-30.
- Schou, Erik & Jacobsen, Jette Bredahl & Kristensen, Kristian Løkke, 2012. "An economic evaluation of strategies for transforming even-aged into near-natural forestry in a conifer-dominated forest in Denmark," Forest Policy and Economics, Elsevier, vol. 20(C), pages 89-98.
- Catherine C. Eckel & Philip J. Grossman, 2008. "Forecasting Risk Attitudes: An Experimental Study Using Actual and Forecast Gamble Choices," Monash Economics Working Papers archive-01, Monash University, Department of Economics.
- Lien, G. & Stordal, S. & Hardaker, J.B. & Asheim, L.J., 2007. "Risk aversion and optimal forest replanting: A stochastic efficiency study," European Journal of Operational Research, Elsevier, vol. 181(3), pages 1584-1592, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Julie Thomas & Marielle Brunette & Antoine Leblois, 2021.
"Adapting forest management practices to climate change : Lessons from a survey of French private forest owners,"
Working Papers
hal-03142772, HAL.
- Julie Thomas & Marielle Brunette & Antoine Leblois, 2021. "Adapting forest management practices to climate change: Lessons from a survey of French private forest owners," Working Papers of BETA 2021-05, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Hallberg-Sramek, Isabella & Nordström, Eva-Maria & Priebe, Janina & Reimerson, Elsa & Mårald, Erland & Nordin, Annika, 2023. "Combining scientific and local knowledge improves evaluating future scenarios of forest ecosystem services," Ecosystem Services, Elsevier, vol. 60(C).
- Gerling, Charlotte & Schöttker, Oliver & Hearne, John, 2022. "Keep it or Leave it - the Role of Reversible Conservation Investments in Optimal Reserve Design under Climate Change," VfS Annual Conference 2022 (Basel): Big Data in Economics 264058, Verein für Socialpolitik / German Economic Association.
- Thomas, J. & Brunette, M. & Leblois, A., 2022. "The determinants of adapting forest management practices to climate change: Lessons from a survey of French private forest owners," Forest Policy and Economics, Elsevier, vol. 135(C).
- Janová, Jitka & Hampel, David & Kadlec, Jiří & Vrška, Tomáš, 2022. "Motivations behind the forest managers’ decision making about mixed forests in the Czech Republic," Forest Policy and Economics, Elsevier, vol. 144(C).
- Gerling, Charlotte & Schöttker, Oliver & Hearne, John, 2022. "Optimal time series in the reserve design problem under climate change," MPRA Paper 114691, University Library of Munich, Germany.
- Hashida, Yukiko & Lewis, David J., 2022. "Estimating welfare impacts of climate change using a discrete-choice model of land management: An application to western U.S. forestry," Resource and Energy Economics, Elsevier, vol. 68(C).
- Roitsch, Dennis & Abruscato, Silvia & Lovrić, Marko & Lindner, Marcus & Orazio, Christophe & Winkel, Georg, 2023. "Close-to-nature forestry and intensive forestry – Two response patterns of forestry professionals towards climate change adaptation," Forest Policy and Economics, Elsevier, vol. 154(C).
- Bastit, Félix & Brunette, Marielle & Montagné-Huck, Claire, 2023. "Pests, wind and fire: A multi-hazard risk review for natural disturbances in forests," Ecological Economics, Elsevier, vol. 205(C).
- Nikinmaa, Laura & de Koning, Johannes H.C. & Derks, Jakob & Grabska-Szwagrzyk, Ewa & Konczal, Agata A. & Lindner, Marcus & Socha, Jarosław & Muys, Bart, 2024. "The priorities in managing forest disturbances to enhance forest resilience: A comparison of a literature analysis and perceptions of forest professionals," Forest Policy and Economics, Elsevier, vol. 158(C).
- Gerling, Charlotte & Schöttker, Oliver & Hearne, John, 2022. "The ”climate adaptation problem” in biodiversity conservation: the role of reversible conservation investments in optimal reserve design under climate change," MPRA Paper 114812, University Library of Munich, Germany.
- Knoke, Thomas & Gosling, Elizabeth & Thom, Dominik & Chreptun, Claudia & Rammig, Anja & Seidl, Rupert, 2021. "Economic losses from natural disturbances in Norway spruce forests – A quantification using Monte-Carlo simulations," Ecological Economics, Elsevier, vol. 185(C).
- Julien JACOB & Antoine LEBLOIS & Marielle BRUNETTE, 2024. "An economic analysis of a storage policy after a storm occurrence in forestry," Working Papers of BETA 2024-27, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Gerling, Charlotte & Schöttker, Oliver & Hearne, John, 2022. "Irreversible and partly reversible investments in the optimal reserve design problem: the role of flexibility under climate change," MPRA Paper 112089, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Julie Thomas & Marielle Brunette & Antoine Leblois, 2021.
"Adapting forest management practices to climate change : Lessons from a survey of French private forest owners,"
Working Papers
hal-03142772, HAL.
- Julie Thomas & Marielle Brunette & Antoine Leblois, 2021. "Adapting forest management practices to climate change: Lessons from a survey of French private forest owners," Working Papers of BETA 2021-05, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Eric Nazindigouba KERE & Jérôme FONCEL & Marielle BRUNETTE, 2014.
"Attitude towards Risk and Production Decision: An Empirical analysis on French private forest owners,"
Working Papers
201410, CERDI.
- Eric Nazindigouba Kere & Marielle Brunette & Jérôme Foncel, 2015. "Attitude towards Risk and Production Decision: An Empirical analysis on French private forest owners," Working Papers halshs-01005200, HAL.
- Marielle Brunette & Jérôme Foncel & Eric Nazindigouba Kere, 2017. "Attitude Towards Risk and Production Decision: an Empirical Analysis on French Private Forest Owners," Post-Print hal-01744533, HAL.
- Eric Nazindigouba Kere & Marielle Brunette & Jérôme Foncel, 2015. "Attitude towards Risk and Production Decision: An Empirical analysis on French private forest owners," CERDI Working papers halshs-01005200, HAL.
- Camille Tevenart & Marielle Brunette, 2021.
"Role of Farmers’ Risk and Ambiguity Preferences on Fertilization Decisions: An Experiment,"
Sustainability, MDPI, vol. 13(17), pages 1-27, August.
- Camille Tevenart & Marielle Brunette, 2019. "Role of farmers' risk and ambiguity preferences on fertilization decisions: An experiment," Working Papers 1903, Chaire Economie du climat.
- Camille Tevenart & Marielle Brunette, 2021. "Role of Farmers’ Risk and Ambiguity Preferences on Fertilization Decisions : An Experiment," Post-Print hal-03564825, HAL.
- Marielle Brunette & Jérôme Foncel & Nazindigouba Eric Kéré, 2014. "Attitude towards Risk and Production Decision: An Empirical analysis on French private forest owners," Working Papers halshs-00981350, HAL.
- Sauter, Philipp & Hermann, Daniel & Mußhoff, Oliver, 2015. "Risk attitudes of foresters, farmers and students: An experimental multimethod comparison," DARE Discussion Papers 1514, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
- Thomas, J. & Brunette, M. & Leblois, A., 2022. "The determinants of adapting forest management practices to climate change: Lessons from a survey of French private forest owners," Forest Policy and Economics, Elsevier, vol. 135(C).
- Sauter, Philipp A. & Hermann, Daniel & Mußhoff, Oliver, 2018. "Are foresters really risk-averse? A multi-method analysis and a cross-occupational comparison," Forest Policy and Economics, Elsevier, vol. 95(C), pages 37-45.
- Dasgupta, Utteeyo & Mani, Subha & Sharma, Smriti & Singhal, Saurabh, 2016.
"Eliciting Risk Preferences: Firefighting in the Field,"
IZA Discussion Papers
9765, Institute of Labor Economics (IZA).
- Subha Mani & Saurabh Singhal & Smriti Sharma & Utteeyo Dasgupta, 2016. "Eliciting risk preferences: Firefighting in the field," WIDER Working Paper Series 047, World Institute for Development Economic Research (UNU-WIDER).
- Dasgupta, Utteeyo & Mani, Subha & Sharma, Smriti & Singhal, Saurabh, 2016. "Eliciting Risk Preferences: Firefighting in the Field," MPRA Paper 69674, University Library of Munich, Germany.
- Tamás Csermely & Alexander Rabas, 2016. "How to reveal people’s preferences: Comparing time consistency and predictive power of multiple price list risk elicitation methods," Journal of Risk and Uncertainty, Springer, vol. 53(2), pages 107-136, December.
- Holzmeister, Felix & Stefan, Matthias, 2019. "The Risk Elicitation Puzzle Revisited: Across-Methods (In)consistency?," OSF Preprints pj9u2, Center for Open Science.
- Marielle Brunette & Jonas Ngouhouo-Poufoun, 2022.
"Are risk preferences consistent across elicitation procedures? A field experiment in Congo basin countries,"
The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 47(1), pages 122-140, March.
- Marielle Brunette & Jonas Ngouhouo-Poufoun, 2021. "Are risk preferences consistent across elicitation procedures ? A field experiment in Congo Basin countries," Working Papers hal-03132834, HAL.
- Marielle Brunette & Jonas Ngouhouo-Poufoun, 2022. "Are risk preferences consistent across elicitation procedures? A field experiment in Congo basin countries," Post-Print hal-04174318, HAL.
- Marielle Brunette & Stephane Couture, 2018.
"Risk management activities of a non-industrial privateforest owner with a bivariate utility function,"
Review of Agricultural, Food and Environmental Studies, INRA Department of Economics, vol. 99(3-4), pages 281-302.
- Marielle Brunette & Stéphane Couture, 2018. "Risk management activities of a non-industrial private forest owner with a bivariate utility function," Review of Agricultural, Food and Environmental Studies, Springer, vol. 99(3), pages 281-302, December.
- Brunette, Marielle & Couture, Stéphane, 2018. "Risk management activities of a non-industrial privateforest owner with a bivariate utility function," Review of Agricultural, Food and Environmental Studies, Institut National de la Recherche Agronomique (INRA), vol. 99(3-4), November.
- Marielle Brunette & Stéphane Couture, 2014. "Risk management activities of a non-industrial private forest owner with a bivariate utility function," Post-Print hal-01072301, HAL.
- Marielle Brunette & Stéphane Couture, 2018. "Risk management activities of a non-industrial private forest owner with a bivariate utility function," Post-Print hal-01969242, HAL.
- Marielle Brunette & Stéphane Couture, 2014. "Risk management activities of a non-industrial private forest owner with a bivariate utility function," Working Papers - Cahiers du LEF 2014-01, Laboratoire d'Economie Forestiere, AgroParisTech-INRA, revised Jan 2014.
- Marielle Brunette & Jonas Ngouhouo-Poufoun, 2021. "Are risk preferences consistent across elicitation procedures? A field experiment in Congo basin countries," Post-Print hal-03132834, HAL.
- Charness, Gary & Gneezy, Uri & Imas, Alex, 2013. "Experimental methods: Eliciting risk preferences," Journal of Economic Behavior & Organization, Elsevier, vol. 87(C), pages 43-51.
- Ihli, Hanna Julia & Chiputwa, Brian & Musshoff, Oliver, 2013. "Do Changing Probabilities or Payoffs in Lottery-Choice Experiments Matter? Evidence from Rural Uganda," GlobalFood Discussion Papers 158146, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
- Brunette, Marielle & Jacob, Julien, 2019.
"Risk aversion, prudence and temperance: An experiment in gain and loss,"
Research in Economics, Elsevier, vol. 73(2), pages 174-189.
- Marielle Brunette & Julien Jacob, 2019. "Risk aversion, prudence and temperance : an experiment in gain and loss," Working Papers hal-02114762, HAL.
- Patrice Loisel & Marielle Brunette & Stéphane Couture, 2020.
"Insurance and Forest Rotation Decisions Under Storm Risk,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(2), pages 347-367, July.
- Patrice Loisel & Marielle Brunette & Stéphane Couture, 2018. "Insurance and forest rotation decisions under storm risk," Post-Print hal-02785389, HAL.
- Patrice Loisel & Marielle Brunette & Stéphane Couture, 2019. "Insurance and forest rotation decisions under storm risk," Post-Print hal-02786285, HAL.
- Patrice Loisel & Marielle Brunette & Stéphane Couture, 2020. "Insurance and Forest Rotation Decisions Under Storm Risk," Post-Print hal-02874875, HAL.
- Patrice Loisel & Marielle Brunette & Stéphane Couture, 2019. "Insurance and forest rotation decisions under storm risk," Post-Print hal-03794748, HAL.
- Géraldine Bocquého & Julien Jacob & Marielle Brunette, 2020.
"Prospect theory in experiments : behaviour in loss domain and framing effects,"
Working Papers
hal-02987294, HAL.
- Géraldine Bocquého & Julien Jacob & Marielle Brunette, 2020. "Prospect theory in experiments: behaviour in loss domain and framing effects," Working Papers of BETA 2020-44, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Shaoze Jin & Xiangping Jia & Harvey S. James, 2021. "Risk attitudes within farmer cooperative organizations: Evidence from China's fresh apple industry," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(2), pages 173-205, June.
- Felix Holzmeister & Matthias Stefan, 2021. "The risk elicitation puzzle revisited: Across-methods (in)consistency?," Experimental Economics, Springer;Economic Science Association, vol. 24(2), pages 593-616, June.
More about this item
Keywords
Perception; Forest; Lottery choice; Uncertainty; Risk; Adaptation;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-02874871. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.