This paper analyses the formation of international environmental agreements (IEAs) under uncertainty, focusing on the … role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success … of IEA formation when countries are risk neutral and another that explores the implications of uncertainty and risk …

This paper analyses the formation of international environmental agreements (IEAs) under uncertainty, focusing on the … role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success … of IEA formation when countries are risk neutral and another that explores the implications of uncertainty and risk …

This paper analyses the formation of international environmental agreements (IEAs) under uncertainty, focusing on the … role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success … of IEA formation when countries are risk neutral and another that explores the implications of uncertainty and risk …

We introduce uncertainty and risk aversion to the study of international environmental agreements. We consider a simple … uncertainty lowers the action of signatories, we find that it may increase participation. In addition, uncertainty may generate … participation. Overall, and despite risk aversion, the impact of uncertainty on welfare may be positive. A reduction in uncertainty …

This paper analyses the formation of international environmental agreements (IEAs) under uncertainty, focusing on the … role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success … of IEA formation when countries are risk neutral and another that explores the implications of uncertainty and risk …

and treated as a random variable by policy makers. The main purpose is to analyze how additional uncertainty about this …

and treated as a random variable by policy makers. The main purpose is to analyze how additional uncertainty about this …

both raise welfare. Information provision is preferable when uncertainty is high, as information is more valuable at this …