On the Foundation of Climate Policy Uncertainties
This project analyzes the influence of uncertainty, innovation and learning options on climate policy at the national and international level. Using public choice approaches and recent behavioral economic theories, we consider how uncertainty affects the strategies of interest groups and the formulation of climate policy. The results will be used to explore the success chances of international agreements by analyzing how their design and flexibility should respond to uncertainty. The project combines both economic (game) theory and experimental economic methods.