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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Decision Frameworks and the Investment in R&D | |
Erin Baker; Olaitan Olaleye; Lara Aleluia Reis | |
发表日期 | 2015 |
出处 | Climate Change and Sustainable Development |
出版年 | 2015 |
语种 | 英语 |
摘要 | In this paper we provide an overview of decision frameworks aimed at crafting an energy technology Research & Development portfolio, based on the results of three large expert elicitation studies and a large scale energy-economic model. We introduce importance sampling as a technique for integrating elicitation data and large IAMs into decision making under uncertainty models. We show that it is important to include both parts of this equation – the prospects for technological advancement and the interactions of the technologies in and with the economy. We find that investment in energy technology R&D is important even in the absence of climate policy. We illustrate the value of considering dynamic two-stage sequential decision models under uncertainty for identifying alternatives with option value. Finally, we consider two frameworks that incorporate ambiguity aversion. We suggest that these results may be best used to guide future research aimed at improving the set of elicitation data. *** Suggested citation: Erin Baker, Olaitan Olaleye, Lara Aleluia Reis, Decision frameworks and the investment in R&D, Energy Policy, Volume 80, May 2015, Pages 275-285, ISSN 0301-4215, http://dx.doi.org/10.1016/j.enpol.2015.01.027. |
特色分类 | Q42 |
关键词 | Decision Making Under Uncertainty Climate Change Stabilization Pathways Energy technology Ambiguity Aversion |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/decision-frameworks-and-the-investment-in-r-d/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118396 |
推荐引用方式 GB/T 7714 | Erin Baker,Olaitan Olaleye,Lara Aleluia Reis. Decision Frameworks and the Investment in R&D. 2015. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
2015512154541Nota_di(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
20155121545124NDL201(1708KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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