News
July 16 2015

FEEM Seminar on "Social Willingness to Pay under Equity Concerns"



To what extent do risk and equity preferences affect society's willingness to pay to eliminate a social risk, which is defined as a global risk that has differentiated impacts across subgroups of the population?  In her presentation Maddalena Ferranna, Toulouse School of Economics, considers three approaches to equity: utilitarianism, concerns for the distribution of individual risks and concerns for the distribution of realized individual risks. For each approach a social premium is defined and subsequently decomposed in a risk premium and an inequality premium. Finally, two applications are presented: the social cost derived by the risk of major hurricanes in the US and the mitigation policy to avert climate change risk.


Fondazione Eni Enrico Mattei

FEEM Update

Subscribe to stay connected.

Your personal data will be processed by Fondazione Eni Enrico Mattei. – data Controller – with the aim of emailing the FEEM newsletter. The use of Your email address is necessary for the implementation of the newsletter service. You are invited to read the Privacy Policy in order to obtain additional information about the protection of Your rights.

This Website uses technical cookies and cookie analytics, as well as “third party” profiling cookies.
If you close this banner or you decide to continue navigating on this Website, you express consent to the use of cookies. If you need additional information or you wish to express selective choices on the use of cookies, please refer to the   Cookie PolicyI agree