Uncertainty, learning and ambiguity in economic models on climate policy: some classical results and...
We present how uncertainty and learning are classically studied in economic models. Specifically, we study a standard expected utility model with two sequential decisions, and consider two particular cases of this model to illustrate how uncertainty and learning may affect climate policy. While unce...
|Journal Title:||Climatic Change|
|Authors and Corporations:|
|In:||Climatic Change, 89, 2008, 1, p. 7-21|
|Type of Resource:||E-Article|