Behavioral economics and environmental policy

F Carlsson, O Johansson-Stenman - Annu. Rev. Resour. Econ., 2012 - annualreviews.org
This article provides an interpretive survey on implications of insights from behavioral
economics for environmental policy. In particular, it discusses whether, and if so how, policy …

Model uncertainty in climate change economics: A review and proposed framework for future research

L Berger, M Marinacci - Environmental and Resource Economics, 2020 - Springer
We review recent models of choices under uncertainty that have been proposed in the
economic literature. In particular, we show how different concepts and methods of economic …

Rational policymaking during a pandemic

L Berger, N Berger, V Bosetti, I Gilboa… - Proceedings of the …, 2021 - National Acad Sciences
Policymaking during a pandemic can be extremely challenging. As COVID-19 is a new
disease and its global impacts are unprecedented, decisions are taken in a highly uncertain …

Addressing 'deep'uncertainty over long-term climate in major infrastructure projects: four innovations of the Thames Estuary 2100 Project

N Ranger, T Reeder, J Lowe - EURO Journal on Decision Processes, 2013 - Elsevier
Climate change brings new challenges for traditional environmental risk management,
particularly for major infrastructure projects, where the decisions made today can have long …

Reflections: Uncertainty and decision making in climate change economics

G Heal, A Millner - Review of Environmental Economics and …, 2014 - journals.uchicago.edu
The issue of climate change is beset with uncertainties, many of which are only partially
captured by our existing analytical tools. This “Reflections” explores these uncertainties …

Ambiguity and the Bayesian paradigm

I Gilboa, M Marinacci - Readings in formal epistemology: Sourcebook, 2016 - Springer
John and Lisa are offered additional insurance against the risk of a heart disease. They
would like to know the probability of developing such a disease over the next 10 years. The …

Uncertainty, risk, and the financial crisis of 2008

SC Nelson, PJ Katzenstein - International organization, 2014 - cambridge.org
The distinction between uncertainty and risk, originally drawn by Frank Knight and John
Maynard Keynes in the 1920s, remains fundamentally important today. In the presence of …

Scientific ambiguity and climate policy

A Millner, S Dietz, G Heal - Environmental and Resource Economics, 2013 - Springer
Economic evaluation of climate policy traditionally treats uncertainty by appealing to
expected utility theory. Yet our knowledge of the impacts of climate policy may not be of …

Decision theoretic approaches to experiment design and external validity

AV Banerjee, S Chassang, E Snowberg - Handbook of Economic Field …, 2017 - Elsevier
A modern, decision-theoretic framework can help clarify important practical questions of
experimental design. Building on our recent work, this chapter begins by summarizing our …

When choices are mistakes

K Nielsen, J Rehbeck - American Economic Review, 2022 - aeaweb.org
Using a laboratory experiment, we identify whether decision-makers consider it a mistake to
violate canonical choice axioms. To do this, we incentivize subjects to report axioms they …