threshold uncertainty reduce resource extraction. We also study two conditions to assess the underlying social preferences and …

. In order to communicate they need to have a language in common. Learning languages is costly. In this setting no …

This paper examines the double dividend hypothesis in the presence of labour income uncertainty. Empirical evidence … shows that uncertainty over labour income is particularly significant in developing, while not negligible in developed … countries. Under uncertainty, and assuming incomplete capital markets, the tax system plays a role in providing social insurance …

but also partial learning. Second, we test whether the conclusion also holds if there is uncertainty about abatement costs …Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international … environmental agreements. Later papers confirmed this negative conclusion about the role of learning. In the light of intensified …

Uncertainty plays a key role in the economics of climate change, and the discussions surrounding its implications for … climate policy are far from settled. We give an overview of the literature on uncertainty in integrated assessment models of … complementary approaches that model uncertainty in association with integrated assessment models: the discrete uncertainty modeling …

heterogeneous countries with the notable feature of model misspecification on the impacts from SRM. We find that deep uncertainty …

demonstrates a multistage stochastic programming framework for catastrophe modeling with endogenous uncertainty, applied to a … setting with endogenous uncertainty leads to more stringent climate policy recommendations (increasing the CO2 control rate by …