API src

Asymptotic PIK: Climatic Risks and Financial Markets (AsPIK)

Description: Das Projekt "Asymptotic PIK: Climatic Risks and Financial Markets (AsPIK)" wird vom Umweltbundesamt gefördert und von Potsdam-Institut für Klimafolgenforschung e.V. durchgeführt. The project will build a series of software modules designed to represent the interaction between climatic risks and financial markets. The modules will fit the framework of the CIAMn approach as pursued in several other PIK-projects. AsPIK follows a cautious multi-agent design. We start with a small number of aggregated agents - insurance firms, banks, generic businesses, households, and governments. They form Bayesian expectations on climate risks, while differing in priors and risk aversion. They equilibrate spot, but not forward markets. In this setting, we use asymptotic methods to study the interaction between short- and long-term risk management.

Types:

SupportProgram

Origin: /Bund/UBA/UFORDAT

Tags: Hecht ? Arzneimittel ? Software ? Versicherungswirtschaft ? Gewerbebetrieb ? Risikominderung ? Studie ? Klimafolgen ? Klimarisiko ? Finanzmarkt ? Klimafolgenforschung ? Klimawandel ? Risikomanagement ? Markt ? Wechselwirkung ?

Region: Brandenburg

Bounding box: 13.01582° .. 13.01582° x 52.45905° .. 52.45905°

License: cc-by-nc-nd/4.0

Language: Deutsch

Organisations

Time ranges: 2004-01-01 - 2008-12-31

Alternatives

Status

Quality score

Accessed 1 times.