... allocation concepts put forward in the literature, for both types of uncertainty. Climate change Game theory International climate regime Uncertainty C71 D81 H41 F53 Q54 Global greenhouse gas emissions need to be substantially reduced over the coming decades in order to avoid...

... differential game Feedback Nash equilibrium Open loop Nash equilibrium Cooperative solution D81 C73 Q5 One of the central characteristics of the field of environmental and resource economics is that it is permeated by uncertainty. Since environmental and resource economics links economic...

... that sets the abatement level contingent on the realization of the uncertain parameter, the first best optimal outcome can be obtained. © 2014 M. Jakob and S. Brunner 2014 M. Jakob and S. Brunner Licensed re-use rights only Time-inconsistency Commitment Adjustment rule D81 H23 H32 O31...