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The complexity of integrated assessment models (IAMs) prevents the direct appreciation of the impact of uncertainty on …
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consider this type of inter-variable uncertainty for economic evaluations based on modeling techniques. We present initially a …
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The increasing uncertainty surrounding the electricity generating sector has implications on the forecasting accuracy … emissions trading schemes represent major sources of uncertainty, as the relative economic interest of thermo power plants and … of renewable energy sources largely depends on these two factors. In this paper, an electricity planning model will be …
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Sensitivity analysis may serve validation, optimization, and risk analysis of simulation models.This review surveys classic and modern designs for experiments with simulation models.Classic designs were developed for real, non-simulated systems in agriculture, engineering, etc.These designs...
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Este es material de curso del libro Decisiones Empresariales bajo Riesgo e Incertidumbre. El nivel del libro es basico. Se usan muy pocas matematicas y puede ser usado por gerentes. Este capitulo 12 estudia el problema de la toma de decisiones bajo riesgo e incertidumbre. Se presentan las ideas...
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In this teaching note we show how to use sensitivity analysis to consider uncertainty in the valuation of cash flows …
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