making under uncertainty. In the current paper, we explore (1) the relationship between the symmetry assumption of Klibanoff …

data with a broad class of models of choice under risk and under uncertainty. Our method allows for risk loving and elation …

exerted precedes the moment uncertainty realises, and b) the probabilities of future states of the world are not perfectly …

fundamentalists and chartists co-exist and are subject to regret and uncertainty. We find significant evidence that energy markets are … composed by heterogeneous traders which behave differently depending on the intensity of the price fluctuations and uncertainty … ; Uncertainty Aversion ; Regret …

theory under uncertainty, we show that abatement is decreasing in the probability of success of SRM, but that this relation … evaluates the role of Solar Radiation Management (SRM) on the optimal abatement path, focusing on the uncertainty about the … robust for a wide range of parameters specification. -- Geoengineering ; Mitigation ; Climate Policy ; Uncertainty …

We address the problem of choosing a portfolio of policies under "deep uncertainty." We introduce the idea of belief …

This paper studies the optimal extraction of a non-renewable resource under uncertainty using a discrete-time approach …

We experimentally explore decision-making under uncertainty using a framework that decomposes uncertainty into three … distinct layers: (1) physical uncertainty, entailing inherent randomness within a given probability model, (2) model … uncertainty, entailing subjective uncertainty about the probability model to be used and (3) model misspecification, entailing …