benefits in the very long run. More specifically, we examine in an expected utility framework how the uncertainty on the growth …

. What additional economic cost of mitigation measures will this delay imply? At the same time, the uncertainty surrounding … this uncertainty cost? Is there a hedging strategy that decision makers can adopt to cope with delayed action and uncertain … computing the optimal abatement strategy in the presence of uncertainty about a global stabilisation target (which will be …

benefits in the very long run. More specifically, we examine in an expected utility framework how the uncertainty on the growth …

Model uncertainty is inherent in the design of optimal environmental policy. We investigate the consequences in a …