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(PP) and decision analysis (DA), for natural resources management within the context of climate change research. The … proposal is presented, called NetSyMoD (Network Analysis Creative System Modelling Decision Support), which aims at … facilitating the involvement of stakeholders or experts in policy - or decision-making processes (P/DMP). A generic P/DMP is …
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Climate change is a phenomenon beset with major uncertainties and researchers should include them in Integrated Assessment Models. However, including further dimensions in IAM models comes at a cost. In particular, it makes most of these models suffer from the curse of dimensionality. In this...
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"This paper provides a simple dynamic optimization model of durable goods inventories. Closed-form solutions are derived in a general equilibrium environment with imperfect information and serially correlated shocks. The model is then applied to scrutinize some popular conjectures regarding the...
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