DeCanio, Stephen J.; Manski, Charles F.; Sanstad, Alan H. - National Bureau of Economic Research - 2022
. Studying climate policy as a control problem presumes that a planner knows enough to make optimization feasible, but physical …) decision criterion to account for deep uncertainty in climate modeling. Here we study choice of climate policy that minimizes … normative uncertainty about the appropriate rate. The findings regarding climate policy are novel and informative. The MMR …