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Modeling investment uncertainty in the costs of global CO2 emission policy

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  • Birge, John R.
  • Rosa, Charles H.

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  • Birge, John R. & Rosa, Charles H., 1995. "Modeling investment uncertainty in the costs of global CO2 emission policy," European Journal of Operational Research, Elsevier, vol. 83(3), pages 466-488, June.
  • Handle: RePEc:eee:ejores:v:83:y:1995:i:3:p:466-488
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    References listed on IDEAS

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    1. William D. Nordhaus, 1973. "The Allocation of Energy Resources," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(3), pages 529-576.
    2. Alan S. Manne & Richard G. Richels, 1991. "Global CO2 Emission Reductions -the Impacts of Rising Energy Costs," The Energy Journal, , vol. 12(1), pages 87-108, January.
    3. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
    4. Hung-Po Chao, 1981. "Exhaustible Resource Models: The Value of Information," Operations Research, INFORMS, vol. 29(5), pages 903-923, October.
    5. Richard C. Grinold, 1983. "Model Building Techniques for the Correction of End Effects in Multistage Convex Programs," Operations Research, INFORMS, vol. 31(3), pages 407-431, June.
    6. Douglas Gale, 1979. "Large Economies with Trading Uncertainty," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 46(2), pages 319-338.
    7. Alan S. Manne, 1974. "Waiting for the Breeder," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(5), pages 47-65.
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    Cited by:

    1. Krukanont, Pongsak & Tezuka, Tetsuo, 2007. "Implications of capacity expansion under uncertainty and value of information: The near-term energy planning of Japan," Energy, Elsevier, vol. 32(10), pages 1809-1824.
    2. Kleijnen, J.P.C., 1995. "Sensitivity analysis and related analysis : A survey of statistical techniques," Research Memorandum FEW 706, Tilburg University, School of Economics and Management.
    3. Thomas Dangl & Franz Wirl, 2007. "The consequences of irreversibility on optimal intertemporal emission policies under uncertainty," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 15(2), pages 143-166, June.
    4. C.H. Rosa, 1994. "Pathways of Economic Development in an Uncertain Environment: A Finite Scenario Approach to the U.S. Region Under Carbon Emission Restrictions," Working Papers wp94041, International Institute for Applied Systems Analysis.
    5. Wirl, Franz, 2006. "Consequences of irreversibilities on optimal intertemporal CO2 emission policies under uncertainty," Resource and Energy Economics, Elsevier, vol. 28(2), pages 105-123, May.
    6. Janne Kettunen, Derek W. Bunn and William Blyth & Derek W. Bunn & William Blyth, 2011. "Investment Propensities under Carbon Policy Uncertainty," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 77-118.
    7. Dupacova, Jitka, 2002. "Applications of stochastic programming: Achievements and questions," European Journal of Operational Research, Elsevier, vol. 140(2), pages 281-290, July.
    8. Takanobu Kosugi, 2010. "Assessments of ‘Greenhouse Insurance’: A Methodological Review," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 17(4), pages 345-363, December.
    9. Tolis, Athanasios & Doukelis, Aggelos & Tatsiopoulos, Ilias, 2010. "Stochastic interest rates in the analysis of energy investments: Implications on economic performance and sustainability," Applied Energy, Elsevier, vol. 87(8), pages 2479-2490, August.

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