literature on environmental innovation and diffusion, with a focus on studies relevant to the development of clean energy …

technologies under uncertainty. Specifically, given two technologies, one with lower costs at present, but the other with greater … uncertainty in the returns to R&D, how should one allocate the R&D budget? We develop a multi-stage stochastic dynamic programming … variance in the uncertainty in returns to R&D and with the skewness of the uncertainty. We also present an illustrative case …

the social returns to other types of investment, any new climate mitigation R&D that comes at the expense of other R …&D investment may dampen the overall gains from induced technological change. Unfortunately, there has been little empirical work to …

the social returns to other types of investment, any new climate mitigation R&D that comes at the expense of other R …&D investment may dampen the overall gains from induced technological change. Unfortunately, there has been little empirical work to …