. Information provision is preferable when uncertainty is high, as information is more valuable at this time. …

. We find that price sensitivity and its interplay with uncertainty have important implications for the effects of tolling … uncertainty, but it lowers welfare with uncertain capacity. Next, "third-best" tolling adds the further constraint that, besides a …-best one-raise the price compared to the no-toll case. In our numerical study, when there is less uncertainty, the second …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …

This paper distinguishes uncertainty types that differ continuously with respect to the degree to which uncertainty … uncertainty types can lead to quite special results. Monopoly examples of the newsboy problem type are further used to show that … depends crucially on the type of uncertainty and the employed functional forms for utilities and costs. …

uncertainty over a horizon of several decades, where the latter is to a large extent driven by global warming. We put forward a … rise uncertainty always leads to more flood protection. Economic uncertainty leads to less (more) protection if the …

gradual resolution of uncertainty lowers them. For temperature-dependent economic damage tipping points, carbon prices are …

analytical results, and offer analytical insights into numerical results on the effects of economic and damage ratio uncertainty …

to economic activity and this makes CO2 prices grow at the same rate as the economy. Second, even if uncertainty about … faster than the economy. Fifth, internalizing the social benefits of learning by doing or a shift towards technical progress …