Sentences with phrase «analysis under uncertainty»

Assuming that climate change and other deep uncertainties can not be eliminated over the short term (and probably even over the longer term), it then summarizes existing decision - making methodologies that are able to deal with climate - related uncertainty, namely cost - benefit analysis under uncertainty, cost - benefit analysis with real options, robust decision making, and climate informed decision analysis.

Not exact matches

Forecasting building energy demand under uncertainty using Gaussian process regression: Feature selection, baseline prediction, parametric analysis and a web - based tool B Yan, X Li, W Shi, X Zhang and A Malkawi 15th Conf.

As I will discuss in Parts II and III of the Decision Making Under Climate Uncertainty series (I will get back to that soon I hope), there are a lot of other types of studies and analyses that climate scientists might be doing to support decision making, that the current focus of the IPCC is arguably distracting from.

This analysis is based on a set of interviews with decision - makers, in particular World Bank project leaders, and on a literature review on decision - making under uncertainty.

Looking at other decision making frameworks that are more suitable under conditions of deep uncertainty motivates a different type of analysis and emphasizes assessment of uncertainty and areas of ignorance.

Results of climate policy analysis under deep uncertainty with imprecise probabilities (Kriegler, 2005; Kriegler et al. 2006) are consistent with the previous findings using classical models.

A way forward is the decision analytic framework of robust decision making under deep uncertainty, which emphasizes scenario discovery and uncertainty analysis and identifying a broad range of robust decision strategies.

For detailed ethical analysis of scientific uncertainty arguments made in opposition to climate change, see Ethicsandclimate.org index under Scientific Uncertainty and Climuncertainty arguments made in opposition to climate change, see Ethicsandclimate.org index under Scientific Uncertainty and ClimUncertainty and Climate Ethics.

It consists of 11 chapters covering the scope of the analysis, decision making under uncertainty, equity issues, intertemporal equity and discounting, applicability of cost and benefit assessments to climate change, social costs of climate change, response options, conceptual issues related to estimating mitigation costs, review of mitigation cost studies, integrated assessment of climate change, and an economic assessment of policy options to address climate change.

Policy analysis and implementation will be extremely challenging given the nonconvexities in the human - environment system (109) that will be enhanced by tipping elements, as well as the need to handle intergenerational justice and interpersonal equity over long periods and under conditions of uncertainty (110).

Weitzman uses that to argue that climate change violates Raiffa's axioms on rational decisions under uncertainty — that is, cost - benefit analysis is inapplicable.

This notwithstanding, I wholeheartedly agree with Gavin that these kinds of probabilistic projections aren't appropriate for risk analysis and decision making under uncertainty and won't be for a long time.

For more information about real options analysis, see Tom Copeland and Vladimir Antikarov, Real Options, Revised Edition: A Practitioner's Guide, Texere, 2003; and Glenn S. Daily and Laurence J. Kotlikoff, «Decision Making Under Conditions of Uncertainty: A (Second) Wakeup Call for the Financial Planning Profession,» 2006 (www.glenndaily.com/documents/wakeupcall.pdf)