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Risk aversion hinders forestry professionals to adapt to climate change
Climatic Change ( IF 4.8 ) Pub Date : 2020-06-13 , DOI: 10.1007/s10584-020-02751-0
M. Brunette , M. Hanewinkel , R. Yousefpour

Forestry professionals’ attitudes towards risk and uncertainty under climate change, together with their perception about suitability of adaptation strategies, were investigated in Central Europe. We applied an original methodology based on lottery choices to quantify their risk and uncertainty attitude, combined with a questionnaire study about the adaptation to climate change. We tested the hypothesis that the higher the risk and uncertainty aversion of respondents, the higher the trend towards changing business-as-usual to adaptive decisions. The result falsifies the research hypothesis since uncertainty aversion has no effect, whereas risk aversion has a negative impact on the decision to adapt. We argue that risk of any change in the business-as-usual is higher than the expected risk of climate change impact in Central European forestry. We conclude that having access to novel information about expected impacts of climate change, taking into account institutional challenges and supportive experiences about useful adaptation strategies, may convince forestry professionals to adapt in the future.

中文翻译:

风险规避阻碍林业专业人员适应气候变化

在中欧调查了林业专业人员对气候变化风险和不确定性的态度,以及他们对适应战略适用性的看法。我们应用了基于彩票选择的原始方法来量化他们的风险和不确定性态度,并结合关于适应气候变化的问卷研究。我们检验了这样一个假设,即受访者的风险和不确定性厌恶程度越高,将一切照旧转变为适应性决策的趋势就越高。结果证伪了研究假设,因为不确定性规避没有影响,而风险规避对适应决策有负面影响。我们认为,一切照旧发生变化的风险高于气候变化影响中欧林业的预期风险。
更新日期:2020-06-13
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