aims to: 1) lower
environmental infrastructure impact, 2) provide equal access to mobility, 3) ensure safety,
4) be adaptive, and 5) support increases in societal well-being (4Es: environment,
economy, equity and ethics).
Secondly, a scenario was developed within the normative frame, but rooted in existing
conventional regimes, practices and policies found within the Finnish Road Authority
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as defined by Fehr and Schmidt (1999). The experimental measure of inequity aversion is
still relatively rare; the games we use to elicit both advantageous and disadvantageous in-
equity aversion are based on those in Blanco et al. (2010). Advantageous inequity aversion
is measured via a modified dictator game, and disadvantageous inequity aversion via the
ultimatum game (Güth et al. 1982), using
/media/loftslag/Public-Choice-2012---Teyssier---Inequity-and-risk-aversion-in-sequential-public-good-games.pdf
and exhaustion. Moreover, commuting to and from work is a daily source of heat exposure for many
people. Urban growth is also extensive in these regions making populations especially vulnerable to climate
change. Technical and other short-term fixes are also less likely to be implemented. This adds to the health
equity challenges of climate change.
18
Väinö Nurmi
M.SC. in Economics
/media/loftslag/programme2---PhD-Workshop-preceding-Adaptation-Research-Conference.pdf
to the public
involvement. The choice of optimum adaptation is to some extent based on this ranking,
which is why ambiguity is an important additional uncertainty. Equity issues between the
few percent of property owners with very high increases in risk and the vast majority of
property owners with a very low and negligible increase in risk may also influence the
adaptation method. Using solely
/media/loftslag/2012-Refsgaard_etal-uncertainty_climate-change-adaptation-MITI343.pdf