optimization, which takes explicitly into account the uncertainty embedded in available information. It allows to estimate jointly …

context. Moreover, it can reflect dynamic and randomness of energy resources during the planning horizon. The developed method … risk levels of constraint violation have been obtained. The generated solutions can provide desired energy resource … allocation with a minimized system cost, maximized system reliability and a maximized energy security. Tradeoffs between system …

In many real-life routing problems there is more uncertainty with respect to the required timing of the service than …

This paper revisits the important result of the real options approach to investment under uncertainty, which states … that increased uncertainty raises the value of waiting and thus decelerates investment.Typically in this literature … uncertainty.It is shown that this particularly happens when uncertainty is limited and project life is short. …

How to compensate people who provide relevant information to a decision-maker who faces uncertainty?This paper suggests …

higher uncertainty of the income stream increases the precautionary savings motive of households. They have a desire to save …

model is developed to analyze climate change impacts in developing countries, accounting for the uncertainty associated with …