. We find that the uncertainty is partially resolved over time, although the rate of learning is relatively slow, and the …We construct an endogenous (Bayesian) learning model with fat-tailed uncertainty on the equilibrium climate sensitivity … sensitivity through temperature observations each time period and takes a course of action (carbon reductions) based on her belief …

social objectives We develop optimal regulation which internalize the spatiotemporal externalities. Our theory is applied to …

innovation and market structure. The entrepreneur represented by Schumpeter's is strongly creative and innovative to condition to …

define the trend of development of innovation conceptualization and understanding over time. …This paper is devoted to the analysis of evolution of innovation concepts, aspect and types. First emergence and … evolution of different aspects and concepts of innovation are analysed, then the development of innovation concepts from a …