and on the state of nature as well. We allow for coalitions to form both before and after the resolution of uncertainty …

and treated as a random variable by policy makers. The main purpose is to analyze how additional uncertainty about this …

climate change, economy, and climate policies. The limitations of these models in capturing uncertainty in climate parameters … targets emerging from the Paris Agreement and the uncertainty about the signatories’ commitment to Nationally Determined …. Here we focus on the areas where IAMs can be deployed to asses uncertainty and risk management, learning, and regional …

government provide incentives for innovation in a fiscally sustainable way? We address this question by examining the Ramsey … problem of finding optimal tax and subsidy schemes in a model in which growth is endogenously sustained by risky innovation …. We characterize the shadow value of growth and entry in the innovation sector. We find that a profit tax is required to …

Following an unparalleled rise in uncertainty over the Great Recession, the US economy has been experiencing anaemic … productivity growth. This paper offers a quantitative study on the link between uncertainty and low productivity growth. Firstly …, using micro level data I show that uncertainty accounts for half of the drop in intangible capital stock during the Great …

. Rules for optimal timber harvesting under uncertainty have been found to depend on whether the timber rent price is non …