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

future cost and performance of specific energy technologies and the associated uncertainty. This article reviews the existing … elicitations provides the opportunity for more transparent and robust analyses incorporating technical uncertainty to assess energy …

of climate policy. This study presents the results of the first comprehensive study of uncertainty in climate change …, temperature, damages, and the social cost of carbon (SCC). One key finding is that parametric uncertainty is more important than … uncertainty in model structure. Our resulting pdfs also provide insights on tail events. …

produced by climate-economy models while introducing the dimension of uncertainty in innovation ef- forts, without succumbing …, bioelectricity and personal electric vehicle batteries), taking into account the uncertainty surrounding the effectiveness of …&D portfolio. The resulting ranking across technologies is robust to changes in risk-aversion, R&D budget limitation and assump …

takes explicit account of model uncertainty. To this end, the value function we propose is an analogue of the well …-known success-probability criterion adapted to settings characterized by model uncertainty. We apply this decision criterion to …