Adaptation task

Intuitive appraisal of options
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Intuitive appraisal of options

For individual decision appraisal, there is a large literature within psychology and behavioural economics describing various informal decision making methods. Examples include methods for estimating and weighting probabilities (e.g. Tversky and Kahneman 1973; Kahneman and Tversky 1979; Weber and Hilton 1990), valuing the relative importance of outcomes (Fischhoff 1996; Viscusi, Magat, and Huber 1987; Samuelson and Zeckhauser 1988), and discounting future events (Laibson 1997; Karp 2003; Frederick, Loewenstein, and O'Donoghue 2002).
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For individual decision appraisal, there is a large literature within psychology and behavioural economics describing various informal decision making methods. Examples include methods for estimating and weighting probabilities (e.g. Tversky and Kahneman 1973; Kahneman and Tversky 1979; Weber and Hilton 1990), valuing the relative importance of outcomes (Fischhoff 1996; Viscusi, Magat, and Huber 1987; Samuelson and Zeckhauser 1988), and discounting future events (Laibson 1997; Karp 2003; Frederick, Loewenstein, and O'Donoghue 2002).

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This section is based on the UNEP PROVIA guidance document

Criteria checklist

1. You want to appraise adaptation options.
2. The focus is either on collective actions and there are no conflicting interests of private actors, or the focus is on individual collective actions.
3. Decisions can or should not be formalised.
4. Private adaptation situation.