central banker’s behaviour in an uncertain economic environment. This paper proposes, from a central banker’s point of view, a … synthesis of the main sources of uncertainty as well as an illustration of their effects within an analytical framework. In … particular, it shows that depending on the type of uncertainty and the choice of the selected loss function, the recommendations …

competition in the generation sector. Traditional planning methods are not necessarily appropriate for this new environment. This … uncertainty. The model explicitly accounts for equipment availability and load duration curves in selecting optimal investment …

are necessary when agents are not risk neutral at extreme levels of wealths. It is shown that the more uncertainty averse …

some prior. It is shown that the more uncertainty averse and the more risk averse, the more likely are efficient …

measure and value uncertainty which are critical steps in decision making, real options are scarcely used in practice. The …