Prof. Dr. Hermann Held and Emily Quiroga-Goméz present paper at EAERE 2024

8 July 2024, by Cäcilie Melzer

Photo: Emily Quiroga-Goméz

This year, the European Association of Environmental and Resource Economists (EAERE) took place in Leuven, Belgium, from 1st to 4th of July. The Annual Conferences offers the opportunity for meeting, exchanging and debating current topics in environmental and resource economics. Approximately 700 individual participants attend from all over the world. There are international researchers scholars, economists and students convene to the EAERE Annual Conferences in the spirit of economic discovery, research, analysis and collaboration. Therefore, every summer the conference are held in European countries and unite European participants together with their national and international neighbors.

Prof. Dr. Hermann Held presented the paper “Towards a Completed Cost Risk Analysis of the Climate Problem: Dealing with Consolidated Impacts and Updated Targets”. Published in February this year, the paper presents three innovations on Cost Risk Analysis. It concludes from an extended Cost Risk Analysis, that a potential lowering of the temperature maxima the 2° target was based on, would not significantly change the temperature target. Therefore, the joint science and economics base behind the Paris agreement could be argued to be still intact.

FNK member and PhD student Emily Quiroga-Gómez, presented her paper "Revealing risk preferences: Evidence from Turkey’s 2023 Earthquake" to the audience. The paper was published together with Michael Tanner. Their results contribute insights into how disasters influence risk preferences. In particular, it is aiming to address contradictory findings in the literature. Additionally, it presents novel evidence on the relationship between prudence and post-natural disaster behaviors.