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  • Search: subject:"Behaviour of decision-makers"
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Adaptive management 1 Bayesian updating 1 Behaviour of decision-makers 1 Efficient beliefs 1 Multivariate distribution 1
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Didion, Markus 1 Hengeveld, Geerten M. 1 Jacobsen, Jette B. 1 Meilby, Henrik 1 Schelhaas, Mart-Jan 1 Thorsen, Bo J. 1 Yousefpour, Rasoul 1
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Forest Policy and Economics 1
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Modelling of adaptation to climate change and decision-makers behaviours for the Veluwe forest area in the Netherlands
Yousefpour, Rasoul; Didion, Markus; Jacobsen, Jette B.; … - In: Forest Policy and Economics 54 (2015) C, pp. 1-10
We apply Bayesian updating theory to model how decision-makers may gradually learn about climate change and make use of this information in making adaptive forest management decisions. We develop modelling steps to i) simulate observation of a multi-dimensional climate system, ii) apply updating...
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