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Understanding and managing risk and uncertainty is a central task in contemporary societies characterised by rapid social, technological and environmental change. This book presents research approaches used by scholars who all share a passion to gain new insights in how individuals,...
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The analysis of climate change is confronted with large uncertainties that need to be taken into account to arrive at meaningful policy recommendations. The main contribution of economics to this interdisciplinary task is to provide formal frameworks and techniques for analyzing climate policy...
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In this paper we propose a novel methodology to analyze optimal policies under model uncertainty in micro …
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