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Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
Commentary: Coastal Cities Like Singapore Face Outsized Risks – And Opportunities – In A Warming World, Winston T. L. Chow
Commentary: Coastal Cities Like Singapore Face Outsized Risks – And Opportunities – In A Warming World, Winston T. L. Chow
Research Collection College of Integrative Studies
Many Southeast Asian cities are at the frontline for rapid, concerted and effective climate action, says the Intergovernmental Panel on Climate Change report's lead author Winston Chow.
Declining Discount Rates In Singapore's Market For Privately Developed Apartments, Eric Fesselmeyer, Haoming Liu, Alberto Salvo
Declining Discount Rates In Singapore's Market For Privately Developed Apartments, Eric Fesselmeyer, Haoming Liu, Alberto Salvo
Research Collection College of Integrative Studies
Singapore's market for new privately developed apartments exhibits wide quasi-experimental variation in ownership tenure. We develop an empirical model in which prices are decomposed into the utility of housing services and a factor that shifts with asset tenure and the discount rate schedule, which we discipline to vary smoothly over time. We estimate discount rates that decline over time and, to accommodate the observed price differences, fall to 0.5-1.5% p.a. by year 400. The finding that households making sizable transactions do not entirely discount benefits accruing centuries from today is relevant, with the appropriate risk adjustment, for evaluating climate-change investments.
Declining Discount Rates In Singapore's Market For Privately Developed Apartments, Eric Fesselmeyer, Haoming Liu, Alberto Salvo
Declining Discount Rates In Singapore's Market For Privately Developed Apartments, Eric Fesselmeyer, Haoming Liu, Alberto Salvo
Research Collection College of Integrative Studies
Singapore's market for new privately developed apartments exhibits wide quasi-experimental variation in ownership tenure. We develop an empirical model in which prices are decomposed into the utility of housing services and a factor that shifts with asset tenure and the discount rate schedule, which we discipline to vary smoothly over time. We estimate discount rates that decline over time and, to accommodate the observed price differences, fall to 0.5-1.5% p.a. by year 400. The finding that households making sizable transactions do not entirely discount benefits accruing centuries from today is relevant, with the appropriate risk adjustment, for evaluating climate-change investments.
Indigenous Perceptions Of Climate Anomalies In Malaysian Borneo, Terry Van Gevelt, H. Abok, M. M. Bennett, S. D. Fam, F. George, N. Kulathuramaiyer, C. T. Low, T. Zamane
Indigenous Perceptions Of Climate Anomalies In Malaysian Borneo, Terry Van Gevelt, H. Abok, M. M. Bennett, S. D. Fam, F. George, N. Kulathuramaiyer, C. T. Low, T. Zamane
Research Collection College of Integrative Studies
Local perceptions of climate anomalies influence adaptation behaviour. Specifically, perceptions that are more accurate and homogenous at the community-level are more likely to facilitate the collective action required to adapt to the local effects of climate anomalies experienced by many indigenous communities. We combine primary data on perceptions of climate anomalies from 200 individuals in six Penan villages in Sarawak, Malaysia with instrumental climate data. We find that perceptions of climate anomalies vary substantially in terms of occurrence and magnitude, and do not generally correlate with instrumental climate data. We operationalise the Penan forest sign language (Oroo’) as a measure …