| Authors |
Xepapadeas, A. |
| Title |
The Cost of Ambiguity and Robustness in International Pollution Control |
| Abstract |
This paper examines robustness in international pollution control emerg-
ing from the regulator��s concerns regarding possible misspeci��cation of the
natural system that is used to model pollution dynamics. Cooperative and
noncooperative robust policy rules are determined along with the cost in
terms of value loss of being robust relative to conventional policy rules. |
| Keywords |
Ambiguity, Robustness, Precaution, Di¤erential games, Open Loop and Feedback Nash equilibrium |
| File |
Precaution_International_Pollution_Control_January_2011.pdf (256225 bytes) |
| File-Function |
First version |
|
Copyright © 2009 [D.I.E.S.S. A.U.E.B.]. All rights reserved.
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