Nvironmental Economics-Uncertainty environmental policies

InstructionsEnvironmental Economics
The Problem of Uncertainty Consequences of particular environmental policies are often not known precisely.
 It depends enters into almost all quantitative analyses of policy impact. Address two parts of this issue in the paper:
i. What are some sources of this uncertainty?
ii. How can economists address the uncertainty in their analysis of regulatory policy?

#Key Words; uniqueness, uncertainly, irreversibility, precautionary principle. Sustainability, incentive-compatible regulation, iteration. EPA
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