This paper studies the empirical relationship between consumption and saving under two different sources of uncertainty …

We study the performance under uncertainty of three renewable energy policy instruments: Tradable Renewable Quota (TRQ … benefits and costs associated with the policy, the specific ranking depends on which type of uncertainty is considered, and …

uncertainty. The second one takes into consideration the beliefs of agents and their aversion to ambiguity. The model applies … uncertainty to the level of maximum damage. This demonstration reinforces the previous result. Hence, both regimes apply on …

increased uncertainty concerning the future stringency of the European Emission Trading Scheme. It also gives another rationale …

optimal combination of the two introducing the role of catastrophic and spatial uncertainty related to climate change damages … both cases uncertainty works in the direction to make mitigation a more attractive strategy than adaptation. When … catastrophic uncertainty is concerned mitigation becomes relatively more important as, by curbing emissions, it helps to reduce …