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Background: Dual-level stochastic programming is a technique that allows modelling uncertainty at two different levels … must somehow be taken into account when making strategic plans, and since uncertainty is present at both levels, dual …
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There is a continuous discussion going on concerning the integration cost of wind power. The integration cost can, for example, be defined as the extra costs in the rest of the system when wind power is introduced, compared with the situation without wind power. The result of the studies depends...
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recently that the term sustainability economics was used explicitly in the ecological, environmental, and resource economics … community. Yet, the contributions that use the term sustainability economics do not refer to any explicit definition of the term … background. The question thus arises: What is sustainability economics? In this essay, we make an attempt at systematically …
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modelling in different areas of economic science, namely, in the behavioural modelling of agents under market uncertainty, and …
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decision. Its structural and intensive sophistication surpasses the basic framework of choice without uncertainty to treat the … exogenous and endogenous forms of uncertainty. These two forms of progress, thematic and analytical, come together to ensure the …
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