We introduce uncertainty and risk aversion to the study of international environmental agreements. We consider a simple … uncertainty lowers the action of signatories, we find that it may increase participation. In addition, uncertainty may generate … participation. Overall, and despite risk aversion, the impact of uncertainty on welfare may be positive. A reduction in uncertainty …

This paper analyses the formation of international environmental agreements (IEAs) under uncertainty, focusing on the … role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success … of IEA formation when countries are risk neutral and another that explores the implications of uncertainty and risk …

environmental quality means financing depollution activities and uncertainty concerns its efficiency since it's not always clear or …

and treated as a random variable by policy makers. The main purpose is to analyze how additional uncertainty about this …

hat the private labor supply decisions as well as the choices of income tax rates are carried out under uncertainty. Part …

-making under conditions of extreme uncertainty, to examine the conditions under which technology incentives should be a key … potential adopters can reduce their uncertainty about the performance of new technologies by querying the experience of other …

Uncertainty is an obstacle for commitments under cap and trade schemes for emission permits. We assess how well … cost of uncertainty and achieve significant increases in global abatement. The optimal degree of indexation to GDP would …, gains from reduced cost uncertainty and the potential for more stringent environmental commitments could justify the …

Uncertainty and learning play an important role in addressing the problem of climate change. In stylized game … shown that learning usually has a negative impact on the success of cooperation. This paper asks the question whether this … different world regions and considers not only uncertainty about the benefits but also about the costs from climate mitigation …