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Managing future flood risk is necessary to minimize costs and achieve maximum benefit from investment. This study presents a framework to assess urban structural protection under climate change and socio-economic development.
Research has shown that people dislike inequality. However, in a cross-cultural experiment, Zhou and colleagues show that, from a young age, people are unwilling to redistribute resources between individuals if this reverses an existing hierarchy.
About 30% of global fish stocks are overfished, and reducing this is a target of the Sustainable Development Goals. An analysis of fisheries data shows that progress in developed countries is not mirrored in developing countries.
The social cost of carbon (SCC) is usually calculated by an approach that gives less importance to future generations and does not consider well-being distribution. This study presents an alternative that takes these aspects into account.
In the face of growing economic inequality, rebalancing the wealth gap at global and national levels is key to alleviating health, educational and lifestyle inequalities — but could our respect for established hierarchies hinder a move toward fairer distribution?
With climate change, urban development and economic growth, more assets and infrastructures will be exposed to flooding. Now research shows that investments in flood protection are globally beneficial, but have varied levels of benefit locally.
Experiments show that people dislike inequality, but are they willing to overturn established hierarchies to achieve income equality? A cross-cultural experiment shows that from a young age humans exhibit rank reversal aversion when redistributing resources between the rich and the poor, suggesting that hierarchy preservation is a social norm.
Many countries around the world have serious corruption problems at the expense of public welfare. An experimental economic study now identifies conditions that encourage leaders to accept bribes instead of sanctioning free-riders. Possible anti-corruption strategies can have positive effects, fail or even backfire.