An approach to the solution of decision problems that is based on the computation and analysis of the pay-off matrix is presented. Special Wald, Laplace etc. criteria, as well as subjective probability estimations are applied. The technique is illustrated with an example drawn from designing...

With the global demand for energy skyrocketing, over the past twenty years many countries have restructured their electric power industries, typically moving from a regulated monopoly to a competitive market structure. The results of these reforms vary significantly from country to country...

The paper describes studies on long-term energy development using the 10-region World Energy Model. Several scenarios of external conditions for energy development are considered. Special attention is paid to the influence of constraints on COSUB align=rightSMALL2/small/sub emissions and...