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uncertainty inherent in the innovation process and (2) a systematic evaluation of the tradeoffs in investment allocations across …
Persistent link: https://www.econbiz.de/10010426210
Expert elicitation is a process for eliciting subjective probability distributions from experts about items of interest to decision makers. These methods have been increasingly applied in the energy domain to collect information on the future cost and performance of specific energy technologies...
Persistent link: https://www.econbiz.de/10011504368
Mitigating climate change will require innovation in energy technologies. Policy makers are faced with the question of … how to promote this innovation, and whether to focus on a few technologies or to spread their bets. We present results on …
Persistent link: https://www.econbiz.de/10011451680
Characterizing the anticipated performance of energy technologies to inform policy decisions increasingly relies on expert elicitation. Knowledge about how elicitation design factors impact the probabilistic estimates emerging from these studies is however scarce. We focus on nuclear power, a...
Persistent link: https://www.econbiz.de/10010189902
In this paper we standardize, compare, and aggregate results from thirteen surveys of technology experts, performed over a period of five years using a range of different methodologies, but all aiming at eliciting expert judgment on the future cost of five key energy technologies and how future...
Persistent link: https://www.econbiz.de/10010519547
Expert elicitations of future energy technology costs can improve energy policy design by explicitly characterizing uncertainty. However, the recent proliferation of expert elicitation studies raises questions about the reliability and comparability of the results. In this paper, we standardize...
Persistent link: https://www.econbiz.de/10010476209