Managing environmental risks

PresentationMembersPublicationsProjects

One major consequence of ecological disruptions and climate change is to make our future more and more uncertain, and societies face the challenge of moving toward a greener and sustainable economy. This raises a number of scientific challenges: among others, it is important to appropriately define and assess environmental risks, to understand how individuals behave in such situations, and to analyze how innovative financing and investment strategies might help societies address environmental changes.

This research group tackles these challenges by relying on research expertise in environmental economics, experimental economics, econometrics and finance. In particular, our research combines theoretical and experimental methods, option value theory, optimization under uncertainty and laboratory experiments.

Research works are focused on two main priorities. The first one is related to the problem of risk modeling. The aim is to analyze mitigation, prevention and adaptation behaviors in risky environments in order to understand how to deal with major environmental risks. The second priority focuses on the potential of investment and financing strategies to address environmental challenges. Different issues are analyzed, such as the impact of firms’ corporate social and environmental responsibility strategies, or the price dynamics in environmental markets.

Faculty members

BAZART Cécile

Assistant Professor

See more

BEAUD Mickael

Assistant Professor

See more

BLAYAC Thierry

Professor

See more

LAVAINE Emmanuelle

Assistant Professor

See more

MAHENC Philippe

Professor

See more

NGUYEN-HUU Adrien

Assistant Professor

See more

QUEROU Nicolas

Tenured Researcher

See more

REY-VALETTE Hélène

Assistant Professor

See more

WILLINGER Marc

Professor

See more

 

Ph.D Students & Post-docs

FAYAT Romain

See more

JULLIERE Thomas

See more

RAMAJO Ismaël

See more

VOLLE Alexandre

See more

YILDIRIM Heval

Post-Doctoral Researcher

See more

ZAATRA Abderraouf

See more

 

Staff

DUBOIS Dimitri

Research Engineer

See more

Time-consistent stopping under decreasing impatience

Huang Yu-Jui, Nguyen-Huu Adrien
2018
Finance and Stochastics
See more

Inventory growth cycles with debt-financed investment

Grasselli Matheus R., Nguyen-Huu Adrien
2018
Structural Change and Economic Dynamics
See more

Structural estimation of farmers' risk and ambiguity preferences: a field experiment

Bougherara Douadia, Gassmann Xavier, Piet Laurent, Reynaud Arnaud
2017
European Review of Agricultural Economics
See more

Should i go by bus? The liberalization of the long-distance bus industry in France

Blayac Thierry, Bougette Patrice
2017
Transport Policy
See more

Positional concerns and framing effects in financial preferences

Grolleau Gilles, Barbara Latifa, Meriane Youcef, Mzoughi Naoufel, Khoufaf Assia Houfaf
2017
The Quarterly Review of Economics and Finance
See more

Forward planning to maintain the attractiveness of coastal areas: Choosing between seawalls and managed retreat

Rulleau Bénédicte, Rey-Valette Hélène
2017
Environmental Science & Policy
See more

Energy production and health externalities: evidence from oil strike refineries in France

Lavaine Emmanuelle, Neidell Matthew
2017
Journal of the Association of Environmental and Resource Economists
See more

Debt and investment in the Keen model: a reappraisal of modeling Minsky

Nguyen-Huu Adrien, Pottier Antonin
2017
Review of Keynesian Economics
See more

Are impatient farmers more risk-averse? Evidence from a lab-in-the-field experiment in rural Uganda

Clot Sophie, Stanton Charlotte Y., Willinger Marc
2017
Applied Economics
See more

Beam – Behavioral and Experimental Analyses in Macro-finance

The project aims to analyze the effects of macroeconomic policies, both monetary and fiscal, regulations related to information disclosure, and introduction of financial instruments within analytical frameworks that are based on more realistic behavioral foundations.

We will conduct research both at the individual and collective levels by combining laboratory experiments, computational experiments, and mathematical modeling, while paying a close attention to how individual decisions are aggregated into collective outcomes how collective outcomes feedback into individual decisions.

Riskadapt – Local adaptation in an environment at risk 

Humans have colonized diverse environments so that specific genes, providing adaptation to each environment, are highly likely to have locally evolved (such as adaptation to high-altitude hypoxia).
These genes provide adaptation to a local, or specific, environment through a permanent physiological change or, alternatively, a behavioural change. Numerous genes are known to influence behaviour in experimental settings, such as alleles at the dopamine receptor locus D4 (DRD4), which is associated with attitudes toward risk.
However, direct evidence of selection acting on such genes is, to date, lacking. Active volcanoes and their exposed populations represent unique assets in the study of the roots of such adaptation responses.
The aims of this project are thus to: 1) study risk-taking people behaviour across contrasting environments, both at-risk and (almost) without risk; 2) examine the possibility of a local adaptation to risky environments; and 3) identify all relevant selected genes involved in this local adaptation.
The at-risk environments considered are flanks and surrounding plains of hazardous, active volcanoes, on which stable rural groups have developed.

Group Leader

NGUYEN-HUU Adrien

Faculty

See more