is higher and their inertia is great. The best strategy to reach a short-term target depends on whether this target is …

inertia), the treatment of uncertainty, and the decision framework (one-shot vs. sequential). …

inertia, each sector having a limited abatement potential. It defines economic inertia as the conjunction of technical inertia … economic inertia, optimal abatement efforts (in dollars per ton) are bell-shaped and trigger a transition toward a low …

. It shows that introducing inertia, in the form of the"cost in time"of available options, changes significantly the … high and their inertia significant. Also, the best strategy to reach a short-term target is different depending on whether …

Current debates on climate mitigation emphasize the role of the inertia of the economic system. Our aim in this paper … is to study more in depth how sectorally differentiated inertia impacts on optimal C02-emission abatement policies. Using … the STARTS model, we show that optimal abatement levels and costs differ sensibly among sectors. Differential inertia is …

This paper applies a social learning model to the optimal consumption rule of Allen & Carroll (2001), and delivers … results in the literature, both in terms of speed of convergence and parsimony of the learning model. The learning model … exhibits several appealing features: it is frugal, easy to apply to a range of learning objectives, requires few procedures and …

are in the dark about what others are doing and how their own payo s are a ected. This paper analyzes learning behavior in … identify two key features of the players' learning dynamics. First, if a player's realized payoff increases he is less inclined …

stability under learning whenever agents try to estimate both the law of motion of the state variable and the stationary state …