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Closed-form integrated assessment and uncertainty

Traeger, Christian - 2015

-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude …

Persistent link: https://www.econbiz.de/10011305430

Accounting for different uncertainties : implications for climate investments?

Hector, Svenja - 2013

The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a … rate to a change in risk aversion depends on some fundamental properties of the considered uncertainties. The application … of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields …

Persistent link: https://www.econbiz.de/10010231715

Climate engineering under deep uncertainty and heterogeneity

Emmerling, Johannes; Manoussi, Vassiliki; Xepapadeas, … - 2016

Climate Engineering, and in particular Solar Radiation Management (SRM) has become a widely discussed climate policy option to study in recent years. However, its potentially strategic nature and unforeseen side effects provide major policy and scientific challenges. We study the role of the SRM...

Persistent link: https://www.econbiz.de/10011546706

Optimal climate policy with fat-tailed uncertainty : what the models can tell us

De Bruin, Kelly C.; Krishnamurthy, Chandra Kiran - 2021

difficulties identified with IAMs, the choice of the risk aversion parameter and the underestimation of damages, are also directly …

Persistent link: https://www.econbiz.de/10012510301

Accounting for different uncertainties : implications for climate investments?

Hector, Svenja - 2013

Persistent link: https://www.econbiz.de/10010221085

A simple framework for climate-change policy under model uncertainty

Athanasoglou, Stergios; Bosetti, Valentina; Drouet, Laurent - 2016

We propose a novel framework for the economic assessment of climate-change policy. Our main point of departure from existing work is the adoption of a "satisficing", as opposed to optimizing, modeling approach. Along these lines, we place primary emphasis on the extent to which different...

Persistent link: https://www.econbiz.de/10011614242