This paper focuses on different types of ambiguity that affect climate change regulation. In particular, we analyze the effects of the interaction among three types of agents, namely, the decision-maker (DM), the climate change experts, and the society, on the probabilistic properties of green-house gas (GHG) emissions and the formation of environmental policy. These effects are analyzed under two types of ambiguity: "deferential ambiguity" and "preferential ambiguity".
View Article and Find Full Text PDFThe central question of this paper is whether a rational agent under uncertainty can exhibit ambiguity aversion (AA). The answer to this question depends on the way the agent forms her probabilistic beliefs: classical Bayesianism (CB) vs modern Bayesianism (MB). We revisit Schmeidler's coin-based example and show that a rational MB agent operating in the context of a "small world", cannot exhibit AA.
View Article and Find Full Text PDFObjectives: To evaluate the influence of lightness difference of a single anterior maxillary tooth on difference smile attractiveness.
Methods: A frontal view full-portrait image of a smiling male Caucasian, was digitally modified altering a single tooth, creating a series of images with varying lightness (ΔL) for the maxillary central, lateral and canine. A total of 160 participants (80 dentists, 80 laypersons) were asked to fill out a Visual Analog Scale questionnaire for every image recording smile attractiveness.
In this paper we develop a full-preference ranking Choice Experiment (CE) designed to investigate how respondents evaluate a set of proposed improvements towards sustainable river basin management, as per the prescriptions of the European Union-Water Framework Directive (2000). The CE is applied in the Asopos River Basin (ARB) in Greece. Our interest is to test whether residency in the river basin, or otherwise, affects the preferences of the relevant agents.
View Article and Find Full Text PDFBottom and fly ash samples (BASH and FASH) from the APOTEFROTIRAS S.A. medical waste incinerator (Athens, Greece) were investigated.
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