emissions. In the near-term, R&D investments, either by government or the private sector, can bring down the costs of these … technologies under uncertainty. Specifically, given two technologies, one with lower costs at present, but the other with greater …

We determine the increase of the maximum risk over the minimax risk in the case that the optimally robust estimator for … the relative risk is minimized in the case that the radius is known only to belong to some interval [pr, l'/p] " The … effect of increasing parameter dimension is studied for these models. The minimax increase of relative risk in ease p = 0 …

impact of economic risk and risk preferences upon regional allocation of investments. The source of risk stems from the … difference in stochastic costs of location across regions. A comparative static analysis shows that capital allocation depends … upon the firms' risk preferences. As a result regional agglomeration of investments may occur although the objective of the …