Expert elicitations of future energy technology costs can improve energy policy design by explicitly characterizing … 65 experts, of the future costs of photovoltaics (PV) and evaluate the impact of expert and study characteristics on the … than do US experts. Higher R&D investment is associated with lower future costs. Rather than increasing confidence, high R …

presents a combinatorial mixed-integer linear optimisation model and a three-stage heuristic to determine the minimum costs for … further demonstrated by the comparison with simpler heuristics like the Nearest-Neighbour-Heuristic. The latter is not only … less efficient, it substantially overestimates the total costs by up to 80% in all cases with less than 100% heat coverage …

optimal conditional on utility functions departing from risk neutrality, or heuristics derived from limited cognitive … standard search task as well as a lottery task designed to elicit utility functions. We find that search heuristics are not …