more stringent climate policies for a realistic world with uncertainty compared to the certainty-equivalent case. We extend …

We study the performance under uncertainty of three renewable energy policy instruments: Tradable Renewable Quota (TRQ … fossil-based electricity supply, renewables supply, or on total electricity demand, we analytically derive the conditions … benefits and costs associated with the policy, the specific ranking depends on which type of uncertainty is considered, and …

function of the firm’s emissions, if the probability of sanctioning a violation is increasing in the size of the violation …, and the costs of dealing with the added regulatory uncertainty that is produced by imperfect compliance. …

Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in … recessions, and that uncertainty in initial output gap estimates persists several years. Only a small share of output gap … inflation from target, suggesting this information is not accounted for in real-time policy decisions. …

uncertainty in earnings in general makes an ICL the preferred system for risk averse individuals, while risk neutral individuals …

We use a copula approach to investigate the effect of uncertainty on crude-oil returns. Using copulas to construct … time-varying effect of equity and economic policy uncertainty on oil returns. The results show that higher uncertainty, as … measured by equity and economic policy uncertainty indices, significantly increase crude-oil returns only during certain …

We study stabilization targets: common environmental policy recommendations that specify a maximum probability of an … generally considers stabilization targets under certainty equivalence. Using an integrated assessment model with uncertainty … the range of feasible targets and show that in general, climate change has too much uncertainty and inertia to be …

measure and value uncertainty which are critical steps in decision making, real options are scarcely used in practice. The …

technique for training translators which may be effectual in increasing student’s uncertainty management and solving problems …. Uncertainty is an estate of indecision in the process of translation, and it is closely related to solving problem and uncertainty … argues students who were using think-aloud protocols to verbalize the text may present better uncertainty management in their …