Agreeing on robust decisions : new processes for decision making under deep uncertainty (English)

Investment decision making is already difficult for any diverse group of actors with different priorities and views. But the presence of deep uncertainties linked to climate change and other future conditions further challenges decision making by questioning the robustness of all purportedly optimal solutions. While decision makers can continue to use the decision metrics they have used in the past (such as net present value), alternative methodologies...

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Author

Brown,Casey;

Fozzard,Adrian;

Gill,Stuart Peter Dunkley;

Hallegatte,Stephane;

Kalra,Nidhi Rajiv;

Lempert,Robert J.;

Shah,Ankur Ravi;
Document Date
2014/06/01
Document Type
Policy Research Working Paper
Report Number
WPS6906
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2014/06/01
Disclosure Status
Disclosed
Doc Name
Agreeing on robust decisions : new processes for decision making under deep uncertainty
Keywords
uncertainty in climate change projections

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Citation

Brown,Casey; Fozzard,Adrian; Gill,Stuart Peter Dunkley; Hallegatte,Stephane; Kalra,Nidhi Rajiv; Lempert,Robert J.; Shah,Ankur Ravi.

Agreeing on robust decisions : new processes for decision making under deep uncertainty (English). Policy Research working paper ; no. WPS 6906 Washington, DC: World Bank Group. http://documents.worldbank.org/curated/en/365031468338971343

Agreeing on robust decisions : new processes for decision making under deep uncertainty (English)

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