Modeling Uncertainty in Large Natural Resource Allocation Problems (English)

The productivity of the world's natural resources is critically dependent on a variety of highly uncertain factors, which obscure individual investors and governments that seek to make long-term, sometimes irreversible investments in their exploration and utilization. These dynamic considerations are poorly represented in disaggregated resource models, as incorporating uncertainty into large-dimensional problems presents a challenging computational...

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Author

Cai,Yongyang;

Steinbuks,Jevgenijs;

Judd,Kenneth L.;

Jaegermeyr,Jonas;

Hertel,Thomas W.;
Document Date
2020/02/20
Document Type
Policy Research Working Paper
Report Number
WPS9159
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2020/02/20
Disclosure Status
Disclosed
Doc Name
Modeling Uncertainty in Large Natural Resource Allocation Problems
Keywords
crop yield

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Cai,Yongyang; Steinbuks,Jevgenijs; Judd,Kenneth L.; Jaegermeyr,Jonas; Hertel,Thomas W..

Modeling Uncertainty in Large Natural Resource Allocation Problems (English). Policy Research working paper|no. WPS 9159 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/214641582232800623

Modeling Uncertainty in Large Natural Resource Allocation Problems (English)

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