frameworks and techniques for analyzing climate policy in the context of uncertainty. This paper will give an overview of …

conditions concerning the structure of uncertainty and preferences, society has an indefinitely large expected loss from high …-making under uncertainty. However, the conditions necessary for the Dismal Theorem to hold are limited and do not apply to a wide …

analysis of climate change is confronted with a large degree of uncertainty and (c) that these uncertainties need to be taken … task is to provide formal frameworks and techniques for analyzing climate policy in the context of uncertainty. The aim of …

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 …

demonstrates a multistage stochastic programming framework for catastrophe modeling with endogenous uncertainty, applied to a … setting with endogenous uncertainty leads to more stringent climate policy recommendations (increasing the CO2 control rate by …

general framework that can cope with various forms of uncertainty, it is shown that the response of the consumption discount … of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields … a new result on preference uncertainty. …

Uncertainty has an almost negligible impact on project value in the economic standard model. I show that a … comprehensive evaluation of uncertainty and uncertainty attitude changes this picture fundamentally. The analysis relies on the … and with respect to non-risk uncertainty. The paper derives the resulting changes of the risk-free and the stochastic …