Tol, Richard S. J.; Hwang, In Chang; Reynès, Frédéric - Department of Economics, School of Business, Management … - 2012
The effect of learning on climate policy is not straightforward when climate policy is concerned. It depends not only on the ways that climate feedbacks, preferences, and economic impacts are considered, but also on the ways that uncertainty and learning are introduced. Deep (or fat-tailed)...
