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Accounting for Uncertainty Affecting Technical Change in an Economic-Climate Model
The authors assess and discuss the effect of endogenizing this uncertainty on optimal R&D investment trajectories and carbon emission abatement strategies.
Link
http://econpapers.repec.org/scripts/redir.pl?u=http%3A%2F%2Fwww.feem.it%2FNR%2Frdonlyres%2FE7CAFB57-9C7D-4F4D-A8FA-502BF73567D1%2F1808%2F14705.pdf;h=repec:fem:femwpa:2005.147