Uncertainty and learning play an important role in addressing the problem of climatechange. In stylized game-theoretic models of international environmental treaty formation, which capture the strategic interactions between nations, it has been shown that learning usually has a negative impact...

On April 10, 2008, the U.S. Army Corps of Engineers (Corps) and Environmental Protection Agency (EPA) jointly published final regulations defining standards and procedures for authorizing compensatory mitigation of impacts to aquatic resources the Corps permits under Section 404 of the Clean...

Climate change, especially global warming, which is at an alarming rate, makes us think about the future of the next generations and whether this future actually exists or not. The right we have to enjoy a healthy environment must be the legacy we leave behind and we have to learn to exercise it...

We model EU countries? bank ratings using financial variables and allowing for intercept and slope heterogeneity. We find that country-specific factors (in the form of heterogeneous intercepts) are a crucial determinant of ratings. Whilst ?new? EU countries typically have lower ratings than...