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under uncertainty and imprecision risk. In the fifth part fuzzy probabilistic sets are applied for actuarial mathematics. …
Persistent link: https://www.econbiz.de/10011260964
Importance of risk and uncertainty in present period of dynamic changes grows. The article deals with risk and … uncertainty in strategic decision making. First the concepts of risk and uncertainty and possibilities of their measurement are … is on discussion of decision making methods under risk and uncertainty (including decision tables, scenarios, Monte Carlo …
Persistent link: https://www.econbiz.de/10005258283
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...
Persistent link: https://www.econbiz.de/10013206181
adoption decision of particular technologies under uncertainty. These technologies are coal-fired power plants, biomassfired …
Persistent link: https://www.econbiz.de/10010294022
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...
Persistent link: https://www.econbiz.de/10013353389
Environmental managers face substantial uncertainty when deciding on management actions. To reduce this uncertainty … on the management cost, the assumed value of a good state and on the level of uncertainty regarding the ecological state …
Persistent link: https://www.econbiz.de/10014290217
discount and on institutional set up. Under no uncertainty, the value can correspond to approximately 0.45% of total GDP in EU … drastically under conditions of uncertainty and approaches zero for high probabilities in achieving targets. The allocation of …
Persistent link: https://www.econbiz.de/10010611612
connect them to arguments in the parallel literatures on sustainability and uncertainty. …
Persistent link: https://www.econbiz.de/10010614164
Environmental managers face substantial uncertainty when deciding on management actions. To reduce this uncertainty … on the management cost, the assumed value of a good state and on the level of uncertainty regarding the ecological state …
Persistent link: https://www.econbiz.de/10014228294
investment projects have a number of specific features as: irreversibility of investment; uncertainty on future economic …
Persistent link: https://www.econbiz.de/10005187683