A decision analysis of the U.S. breeder reactor program
Past modelling efforts have failed to reach a consensus on breeder R & D strategy. These failures have led some to question the usefulness of benefit-cost analysis for a problem as complex and as politicized as this one has become. Our paper examines some of the major weaknesses of past benefit-cost analyses and then reformulates the breeder investment decision in a decision tree framework. Decision analysis is used to evaluate alternative R & D strategies that range from accelerating the current effort to abandoning the entire program.
Year of publication: |
1978
|
---|---|
Authors: | Manne, Alan S. ; Richels, Richard G. |
Published in: |
Energy. - Elsevier, ISSN 0360-5442. - Vol. 3.1978, 6, p. 747-767
|
Publisher: |
Elsevier |
Saved in:
Saved in favorites
Similar items by person
-
A multi-gas approach to climate policy: With and without GWPs
Manne, Alan S., (2000)
-
The Role of Non-CO2 Greenhouse Gases and Carbon Sinks in Meeting Climate Objectives
Manne, Alan S., (2006)
-
The Costs of Stabilizing Global CO2 Emissions: A Probabilistic Analysis Based on Expert Judgments
Manne, Alan S., (1994)
- More ...