Google Scholar RePec ORCID


Decision making under risk and uncertainty, environmental economics, climate change and health economics


15. What is partial ambiguity?

Economics & Philosophy, 2022, 38, 206-220

HAL working paper

14. Rational policymaking during a pandemic (with N. Berger, V. Bosetti, I. Gilboa, L.P. Hansen, C. Jarvis, M. Marinacci, R.D. Smith)

Proceedings of the National Academy of Science, 2021, 118 (4), e2012704118

iRisk Working Paper No. 2020-02 - BFI Working Paper No. 2020-95- IGIER Working Paper No. 666

Featured in: UChicago News - The Conversation (ENG) (FR) - Bocconi Knowledge - CNRS Info (FR) - La Tribune (FR)

13. Risk, ambiguity, and the value of diversification (with L. Eeckhoudt)

Management Science, 2021, 67 (3), 1639-1647

HAL working paper

12. Model Uncertainty in Climate Change Economics: A Review and Proposed Framework for Future Research (with M. Marinacci)

Environmental and Resource Economics, 2020, 77, 475-501

This paper was selected as an Editor's Choice paper in ERE.

IGIER Working Paper No. 616 - HAL Working Paper

11. Welfare as Equity Equivalents (with J. Emmerling)

Journal of Economic Surveys, 2020, 34 (4), 727-752

HAL working paper

Featured in: CMCC Article

10. Characterizing ambiguity attitudes using model uncertainty (with V. Bosetti)

Journal of Economic Behavior & Organization, 2020, 180, 621-637

HAL working paper

9. The transition of Belgium towards a low carbon society : A macroeconomic analysis fed by a participative approach (with T. Bréchet, J. Pestiaux, and V. van Steenberghe)

Energy Strategy Reviews, 2020, 29, 100463

8. Reply to: Why fossil fuel producer subsidies matter (with J. Jewell et al.)

Nature, 2020, 578, E5-E7

7. Are policymakers ambiguity averse? (with V. Bosetti)

Economic Journal, 2020, 130, 331-355

HAL working paper

Featured in: Media Briefings RES - The Conversation (FR)

6. Limited emission reductions from fuel subsidy removal except in energy-exporting regions (with J. Jewell et al.)

Nature, 2018, 554, 229-233

Featured in: News & Views (Nature)

5. Managing catastrophic climate risks under model uncertainty aversion (with J. Emmerling and M. Tavoni)

Management Science, 2017, 63 (3), 749-765

This paper was selected as finalist of the INFORMS Decision-Analysis Society Publication Award of 2019 (best publication in decision analysis of the year 2017)

Latest working paper version - Online Appendix

Featured in: IESEG Expert opinion

4. COP21 climate negotiators' responses to climate model forecasts (with V. Bosetti, E. Weber, D. Budescu, N. Liu, and M. Tavoni)

Nature Climate Change, 2017, 7, 185-189

Featured in: News & Views (Nature Climate Change) - IESEG Expert opinions

3. The impact of ambiguity and prudence on prevention decisions

Theory and Decision, 2016, 80, 389-409.

FEEM Working Paper No. 15.2015 - ECARES working paper 2014-08

2. Precautionary saving and the notion of ambiguity prudence

Economics Letters, 2014, 123, 248-251.

Latest working paper version - ECARES working paper 2013-42

1 . Treatment decisions under ambiguity, (with H. Bleichrodt, and L. Eeckhoudt)

Journal of Health Economics, 2013, 32 (3), 559-569.

Latest working paper version - Online Appendix: Results under other ambiguity models


  • Unravelling Ambiguity Aversion (with I. Aydogan, and V. Bosetti)

IGIER Working Paper No. 653

  • Three Layers of Uncertainty (with I. Aydogan, V. Bosetti, and N. Liu)

iRisk Working Paper No. 2022-01 - IGIER Working Paper No. 623

  • The WITCH 2016 Model - Documentation and Implementation of the Shared Socioeconomic Pathways (with J. Emmerling et al.),

FEEM Working Paper No. 42.2016


    • The plethora of climate catastrophes (with J. Emmerling and S. Shayegh)

    • The macroeconomic impacts of a transition to a low carbon economy - a participative multi-model approach (with F. Bossier et al.)


  • Smooth Ambiguity Aversion in the Small and in the Large (August 2011),

Working Papers ECARES 2011-020

  • Two-Period Self-Insurance and Self-Protection Models (October 2010),