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In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …
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to climate change. Rather than focusing on uncertainty explicitly, we look at extreme scenarios defined by the upper and …
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characterized by high uncertainty. Hence, far reaching policy implications such as the net zero goal lack a definite scientific …
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that stochastic technology growth hardly affects the optimal bundle of mitigation and adaptation whereas uncertainty about … composition of the optimal mix as both persuade the risk-averse social planner to invest more in mitigation. Overall, we identify … that including uncertainty into the model tends to favour (long-lasting) mitigation with respect to (instantaneous …
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