@article{KotzWenzStechemesseretal.2021, author = {Kotz, Maximilian and Wenz, Leonie and Stechemesser, Annika and Kalkuhl, Matthias and Levermann, Anders}, title = {Day-to-day temperature variability reduces economic growth}, series = {Nature climate change}, volume = {11}, journal = {Nature climate change}, number = {4}, publisher = {Nature Publishing Group}, address = {London}, issn = {1758-678X}, doi = {10.1038/s41558-020-00985-5}, pages = {319 -- 325}, year = {2021}, abstract = {Elevated annual average temperature has been found to impact macro-economic growth. However, various fundamental elements of the economy are affected by deviations of daily temperature from seasonal expectations which are not well reflected in annual averages. Here we show that increases in seasonally adjusted day-to-day temperature variability reduce macro-economic growth independent of and in addition to changes in annual average temperature. Combining observed day-to-day temperature variability with subnational economic data for 1,537 regions worldwide over 40 years in fixed-effects panel models, we find that an extra degree of variability results in a five percentage-point reduction in regional growth rates on average. The impact of day-to-day variability is modulated by seasonal temperature difference and income, resulting in highest vulnerability in low-latitude, low-income regions (12 percentage-point reduction). These findings illuminate a new, global-impact channel in the climate-economy relationship that demands a more comprehensive assessment in both climate and integrated assessment models.}, language = {en} } @misc{RitterbuschTeichmann2023, author = {Ritterbusch, Georg David and Teichmann, Malte Rolf}, title = {Defining the metaverse}, series = {Zweitver{\"o}ffentlichungen der Universit{\"a}t Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe}, journal = {Zweitver{\"o}ffentlichungen der Universit{\"a}t Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe}, number = {159}, issn = {1867-5808}, doi = {10.25932/publishup-58879}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-588799}, pages = {12368 -- 12377}, year = {2023}, abstract = {The term Metaverse is emerging as a result of the late push by multinational technology conglomerates and a recent surge of interest in Web 3.0, Blockchain, NFT, and Cryptocurrencies. From a scientific point of view, there is no definite consensus on what the Metaverse will be like. This paper collects, analyzes, and synthesizes scientific definitions and the accompanying major characteristics of the Metaverse using the methodology of a Systematic Literature Review (SLR). Two revised definitions for the Metaverse are presented, both condensing the key attributes, where the first one is rather simplistic holistic describing "a three-dimensional online environment in which users represented by avatars interact with each other in virtual spaces decoupled from the real physical world". In contrast, the second definition is specified in a more detailed manner in the paper and further discussed. These comprehensive definitions offer specialized and general scholars an application within and beyond the scientific context of the system science, information system science, computer science, and business informatics, by also introducing open research challenges. Furthermore, an outlook on the social, economic, and technical implications is given, and the preconditions that are necessary for a successful implementation are discussed.}, language = {en} } @article{RitterbuschTeichmann2023, author = {Ritterbusch, Georg David and Teichmann, Malte Rolf}, title = {Defining the metaverse}, series = {IEEE Access}, volume = {11}, journal = {IEEE Access}, publisher = {Institute of Electrical and Electronics Engineers}, address = {New York, NY}, issn = {2169-3536}, doi = {10.1109/ACCESS.2023.3241809}, pages = {12368 -- 12377}, year = {2023}, abstract = {The term Metaverse is emerging as a result of the late push by multinational technology conglomerates and a recent surge of interest in Web 3.0, Blockchain, NFT, and Cryptocurrencies. From a scientific point of view, there is no definite consensus on what the Metaverse will be like. This paper collects, analyzes, and synthesizes scientific definitions and the accompanying major characteristics of the Metaverse using the methodology of a Systematic Literature Review (SLR). Two revised definitions for the Metaverse are presented, both condensing the key attributes, where the first one is rather simplistic holistic describing "a three-dimensional online environment in which users represented by avatars interact with each other in virtual spaces decoupled from the real physical world". In contrast, the second definition is specified in a more detailed manner in the paper and further discussed. These comprehensive definitions offer specialized and general scholars an application within and beyond the scientific context of the system science, information system science, computer science, and business informatics, by also introducing open research challenges. Furthermore, an outlook on the social, economic, and technical implications is given, and the preconditions that are necessary for a successful implementation are discussed.}, language = {en} }