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Adapting and mitigating to climate change : balancing the choice under uncertainty
Bosello, Francesco; Chen, Chen - 2010
Nowadays, as stressed by important strategic documents like for instance the 2009 EU White Paper on Adaptation or the recent 2009 "Copenhagen Accord", it is amply recognized that both mitigation and adaptation strategies are necessary to combat climate change. This paper enriches the rapidly...
Persistent link: https://www.econbiz.de/10008780413
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Three forewords
Phelps, Edmund S. - 2008
Persistent link: https://www.econbiz.de/10009304941
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Contracting under Knightian uncertainty
Amarante, Massimiliano; Ghossoub, Mario; Phelps, Edmund S. - 2011
Persistent link: https://www.econbiz.de/10009305377
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A new look at uncertainty shocks : imperfect information and misallocation
Senga, Tatsuro - 2015
Uncertainty faced by individual firms appears to be heterogeneous. In this paper, I construct new empirical measures of firm-level uncertainty using data from the I/B/E/S and Compustat. These new measures reveal persistent differences in the degree of uncertainty facing individual firms not...
Persistent link: https://www.econbiz.de/10011401309
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Our (represented) world : a quantum-like object
Lambert-Mogiliansky, Ariane; Dubois, François - 2015
Persistent link: https://www.econbiz.de/10011301877
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Accounting for different uncertainties : implications for climate investments?
Hector, Svenja - 2013
The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a … rate to a change in risk aversion depends on some fundamental properties of the considered uncertainties. The application … of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields …
Persistent link: https://www.econbiz.de/10010231715
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Climate engineering under deep uncertainty and heterogeneity
Emmerling, Johannes; Manoussi, Vassiliki; Xepapadeas, … - 2016
Climate Engineering, and in particular Solar Radiation Management (SRM) has become a widely discussed climate policy option to study in recent years. However, its potentially strategic nature and unforeseen side effects provide major policy and scientific challenges. We study the role of the SRM...
Persistent link: https://www.econbiz.de/10011546706
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Quantifying the effects of expert selection and elicitation design on experts' confidence in their judgments about future energy technologies
Nemet, Gregory F.; Anadon, Laura Diaz; Verdolini, Elena - 2016
Expert elicitations are frequently used to characterize future technology outcomes. However their usefulness is limited, in part because: estimates across studies are not easily comparable; choices in survey design and expert selection may bias results; and over-confidence is a persistent...
Persistent link: https://www.econbiz.de/10011548115
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Finding common ground when experts disagree : belief dominance over portfolios of alternatives
Baker, Erin; Bosetti, Valentina; Salo, Ahti A. - 2016
We address the problem of choosing a portfolio of policies under "deep uncertainty." We introduce the idea of belief dominance as a way to derive a set of non-dominated portfolios and robust individual alternatives. Our approach departs from the tradition of providing a single recommended...
Persistent link: https://www.econbiz.de/10011504367
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Adapting to climate change : an analysis under uncertainty
García-León, David - 2016
composition of the optimal mix as both persuade the risk-averse social planner to invest more in mitigation. Overall, we identify …
Persistent link: https://www.econbiz.de/10011451547