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 …

uncertainty into Integrated Assessment Models (IAMs). Uncertainty is transformed into a risk-premium, damage-correction, region …. This risk premium quantifies what society would be willing to pay to insure against the uncertainty of the damages, and it … highly sensitive to the coefficient of relative risk aversion. Once the climate change damage function incorporates the risk …

"This book brings together diverse perspectives concerning uncertainty and climate change in India. Uncertainty is a … managers and local populations are regularly confronted with. In this context, uncertainty has emerged as a "wicked problem …, practices and politics of uncertainty and demonstrates profound differences through which the "above", "middle" and "below …

expectations of climate change (climate projections), and is influenced by both risk (annual variability in climate projections …) and ambiguity (inability to assign probabilities to various climate projections). We show that the effect of risk on the … model to the decision to adopt water-saving irrigation technology in California’s Central Valley. Using sixty-four down …

We document that climate uncertainty negatively affects corporate investment. The effect is more pronounced for firms … using an instrumental variable approach and to using alternative climate uncertainty measure. Further, we find that climate … adaptation plans mitigate the negative effects of climate uncertainty on corporate investment. We establish this result using the …