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uncertainty, due to the separation of aversion to intergenerational inequality and aversion to risk, this analysis elucidates the … dimensions of decision making do not necessarily imply a higher SCC than traditional preferences that tightly link them, (ii) the … risk aversion when there is interaction between damage and equilibrium climate sensitivity uncertainty, than when only one …
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In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since the outcomes of primary studies are largely incomparable with respect to the magnitude of the effect, our analysis focuses on the direction and statistical significance of the...
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composition of the optimal mix as both persuade the risk-averse social planner to invest more in mitigation. Overall, we identify …
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