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The incorporation of experience curves has enhanced the treatment of technological change in models used to evaluate the cost of climate and energy policies. However, the set of activities that experience curves are assumed to capture is much broader than the set that can be characterized by...
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Energy system models based on experience curves are superior to conventional models in their treatment of the dynamics of technological development. However, assuming perfect foresight means that future learning rates are known with certainty, which is not realistic. An optimising model for the...
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