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Quantification of uncertainty in predictions of nuclear waste repository performance is a requirement of Nuclear Regulatory Commission regulations governing the licensing of proposed geologic repositories for high-level radioactive waste disposal. One of the major uncertainties in these...
Persistent link: https://www.econbiz.de/10009436267
The analysis and modeling of investment behavior in the development of hydrothermal electric power facilities are reported. This investment behavior reflects a degree of sensitivity to public policy alternatives concerning taxation and regulation of the resource and its related energy conversion...
Persistent link: https://www.econbiz.de/10009436469
In this paper, the authors discuss the experiences in creating an object-oriented economic model of the U.S. energy and agriculture markets. After a discussion of some central concepts, they provide an overview of the model, focusing on the methodology of designing an object-oriented class...
Persistent link: https://www.econbiz.de/10009437205
In this thesis we consider two comparative statics questions of changes in risk. The first question concerns situations where an individual faces some risk and has no control over the uncertain environment. In these situations we ask what kind of changes in risk will cause the individual's...
Persistent link: https://www.econbiz.de/10009484196
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Six sigma is a way to measure the probability of manufacturing a product or creating a service with zero defects …
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(i) judgments of probability, which are assumed to satisfy support theory; and (ii) decisions under risk, which are … assumed to satisfy prospect theory. In two experiments, subjects evaluated uncertain prospects and assessed the probability of …
Persistent link: https://www.econbiz.de/10009214756