Model Uncertainty, Ambiguity and the Precautionary Principle: Implications for Biodiversity Management
Download full text from publisher
Other versions of this item:
- Giannis Vardas & Anastasios Xepapadeas, 2010. "Model Uncertainty, Ambiguity and the Precautionary Principle: Implications for Biodiversity Management," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 45(3), pages 379-404, March.
References listed on IDEAS
- Robert W. Hahn & Richard L. Schmalensee & Roger Noll & Robert Stavins & Lester B. Lave & George C. Eads & Milton Russell & V. Kerry Smith & Maureen L. Cropper & Paul R. Portney & Kenneth J. Arrow, 1996. "Benefit-Cost Analysis in Environmental, Health, and Safety Regulation," Books, American Enterprise Institute, number 51790.
- Alexei Onatski & Noah Williams, 2003. "Modeling Model Uncertainty," Journal of the European Economic Association, MIT Press, vol. 1(5), pages 1087-1122, September.
- Epstein Larry G. & Wang Tan, 1995. "Uncertainty, Risk-Neutral Measures and Security Price Booms and Crashes," Journal of Economic Theory, Elsevier, vol. 67(1), pages 40-82, October.
- Magill, Michael J. P., 1977. "A local analysis of N-sector capital accumulation under uncertainty," Journal of Economic Theory, Elsevier, vol. 15(1), pages 211-219, June.
- Brock,W. & Xepapadeas,A., 2002. "Regulating nonlinear environmental systems under Knightian uncertainty," Working papers 8, Wisconsin Madison - Social Systems.
- Gilboa, Itzhak & Schmeidler, David, 1989. "Maxmin expected utility with non-unique prior," Journal of Mathematical Economics, Elsevier, vol. 18(2), pages 141-153, April.
- Thomas J. Sargent & LarsPeter Hansen, 2001. "Robust Control and Model Uncertainty," American Economic Review, American Economic Association, vol. 91(2), pages 60-66, May.
- Epstein, Larry G & Wang, Tan, 1994. "Intertemporal Asset Pricing Under Knightian Uncertainty," Econometrica, Econometric Society, vol. 62(2), pages 283-322, March.
- Tisdell, Clement A., 2010. "Conservation Value," Economics, Ecology and Environment Working Papers 90879, University of Queensland, School of Economics.
- Revesz, Richard L. & Stavins, Robert N., 2007. "Environmental Law," Handbook of Law and Economics, Elsevier.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Leizarowitz, Arie & Tsur, Yacov, 2012. "Renewable resource management with stochastic recharge and environmental threats," Journal of Economic Dynamics and Control, Elsevier, vol. 36(5), pages 736-753.
- Johannes Emmerling & Vassiliki Manoussi & Anastasios Xepapadeas, 2016.
"Climate Engineering under Deep Uncertainty and Heterogeneity,"
2016.52, Fondazione Eni Enrico Mattei.
- Emmerling, Johannes & Manoussi, Vassiliki & Xepapadeas, Anastasios, 2016. "Climate Engineering under Deep Uncertainty and Heterogeneity," MITP: Mitigation, Innovation,and Transformation Pathways 244329, Fondazione Eni Enrico Mattei (FEEM).
- Athanassoglou, Stergios & Xepapadeas, Anastasios, 2012. "Pollution control with uncertain stock dynamics: When, and how, to be precautious," Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 304-320.
- Konstantinos Angelopoulos & George Economides & Apostolis Philippopoulos, 2012. "Public Good Provision with Robust Decision Making," CESifo Working Paper Series 3996, CESifo Group Munich.
- Anton Bondarev & Frank C. Krysiak, 2017.
"Robust policy schemes for R&D games with asymmetric information,"
2017/14, Faculty of Business and Economics - University of Basel.
- Anton Bondarev, 2018. "Robust policy schemes for R&D games with asymmetric information," Working papers 2018/01, Faculty of Business and Economics - University of Basel.
- Geoffrey Heal, Anthony Millner, 2017. "Uncertainty and ambiguity in environmental economics: conceptual issues," GRI Working Papers 278, Grantham Research Institute on Climate Change and the Environment.
- Stergios Athanassoglou & Valentina Bosetti, 2015.
"Setting Environmental Policy When Experts Disagree,"
Environmental & Resource Economics,
Springer;European Association of Environmental and Resource Economists, vol. 61(4), pages 497-516, August.
- Athanassoglou, Stergios & Bosetti, Valentina, 2012. "Setting environmental policy when experts disagree," MPRA Paper 57494, University Library of Munich, Germany.
- Hennlock, Magnus, 2009. "Robust Control in Global Warming Management: An Analytical Dynamic Integrated Assessment," Discussion Papers dp-09-19, Resources For the Future.
- Stergios Athanassoglou & Anastasios Xepapadeas, "undated".
"Pollution control: when, and how, to be precautious,"
DEOS Working Papers
1112, Athens University of Economics and Business.
- Stergios Athanassoglou & Anastasios Xepapadeas, 2011. "Pollution Control: When, and How, to be Precautious," Working Papers 2011.18, Fondazione Eni Enrico Mattei.
- Chen, Yu-Fu & Funke, Michael & Glanemann, Nicole, 2011.
"Dark Clouds or Silver Linings? Knightian Uncertainty and Climate Change,"
SIRE Discussion Papers
2011-64, Scottish Institute for Research in Economics (SIRE).
- Michael Funke & Yu-Fu Chen & Nicole Glanemann, 2011. "Dark Clouds or Silver Linings? Knightian Uncertainty and Climate Change," Quantitative Macroeconomics Working Papers 21107, Hamburg University, Department of Economics.
- Yu-Fu Chen & Michael Funke & Nicole Glanemann, 2011. "Dark Clouds or Silver Linings? Knightian Uncertainty and Climate Change," Dundee Discussion Papers in Economics 258, Economic Studies, University of Dundee.
- Yu-Fu Chen & Michael Funke & Nicole Glanemann, 2011. "Dark Clouds or Silver Linings? Knightian Uncertainty and Climate Change," CESifo Working Paper Series 3516, CESifo Group Munich.
- Tsur, Yacov & Zemel, Amos, 2012. "Dynamic and stochastic analysis of environmental and natural resources," Discussion Papers 120017, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
- Anton Bondarev & Frank C. Krysiak, 2017. "Temporary and permanent technology lock-ins in the quality-differentiated Bertrand competition," Working papers 2017/09, Faculty of Business and Economics - University of Basel.
- Pauline Barrieu & Sinclair Desgagn�, 2009. "Economic policy when models disagree," GRI Working Papers 4, Grantham Research Institute on Climate Change and the Environment.
- William A. Brock & Steven N. Durlauf, 2015. "On Sturdy Policy Evaluation," The Journal of Legal Studies, University of Chicago Press, vol. 44(S2), pages 447-473.
- Anastasios Xepapadeas & Catarina Roseta-Palma, 2013. "Instabilities and robust control in natural resource management," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 12(3), pages 161-180, December.
- W.A. Brock & A. Xepapadeas & A.N. Yannacopoulos, 2014.
"Optimal Control in Space and Time and the Management of Environmental Resources,"
Annual Review of Resource Economics,
Annual Reviews, vol. 6(1), pages 33-68, October.
- William Brock & Anastasios Xepapadeas & Athanasios Yannacopoulos, 2014. "Optimal Control in Space and Time and the Management of Environmental Resources," DEOS Working Papers 1402, Athens University of Economics and Business.
- Hennlock, Magnus, 2009. "Robust Control in Global Warming Management: An Analytical Dynamic Integrated Assessment," Working Papers in Economics 354, University of Gothenburg, Department of Economics.
- Pauline Barrieu & Bernard Sinclair-Desgagné, 2009. "Economic Policy when Models Disagree," CIRANO Working Papers 2009s-03, CIRANO.
- Heyen, Daniel & Goeschl, Timo & Wiesenfarth , Boris, 2015. "Risk Assessment under Ambiguity: Precautionary Learning vs. Research Pessimism," Working Papers 0605, University of Heidelberg, Department of Economics.
- Gren, Ing-Marie & Baxter, Peter & Mikusinski, Grzegorz & Possingham, Hugh, 2014. "Cost-effective biodiversity restoration with uncertain growth in forest habitat quality," Journal of Forest Economics, Elsevier, vol. 20(1), pages 77-92.
More about this item
KeywordsKnightian uncertainty; ambiguity; risk; precautionary principle; biodiversity management; optimal harvesting; robust control;
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-AGR-2008-09-05 (Agricultural Economics)
- NEP-ALL-2008-09-05 (All new papers)
- NEP-ENV-2008-09-05 (Environmental Economics)
- NEP-RES-2008-09-05 (Resource Economics)
- NEP-UPT-2008-09-05 (Utility Models & Prospect Theory)
StatisticsAccess and download statistics
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:10236. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .