Uncertainty can hamper the stringency of commitments under cap and trade schemes. We assess how well intensity targets, where countries' permit allocations are indexed to future realised GDP, can cope with uncertainties in a post-Kyoto international greenhouse emissions trading scheme. We...

A simulation model must be verified to confirm that it describes correctly its intended real world process under study; moreover, the simulation results obtained must be a valid representation of the process. This study presents three activity-based white-box methods for assisting a user in...