Decision making in the emissions-market under uncertainty
作者： Gorden Spangardt , Michael Lucht , Christian Wolf , Christian Horn
关键词: Stochastic optimization 、 Econometrics 、 Project risk management 、 Optimal decision 、 Economics 、 Evidential reasoning approach 、 Business decision mapping 、 Expected shortfall 、 Emissions trading 、 Decision analysis
摘要: In this paper a stochastic optimization model for decision making in the emissions market under uncertain boundary conditions is presented. This aims at finding strategy profit optimal trading/emissions reduction. The uncertainties are modelled via scenario approach considering price risk as well project of potential reduction project.
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