A simple system dynamics model was used to explore the potential benefits of using regret analysis to develop sensible government energy policies. Regret analysis evaluates the relative impact of unexpected futures to design policies that reduce the risk of losses rather than trying to optimize benefits. It is very useful when it is impossible to assess or agree on the probabilities of future events and, especially, those events that can have a large impact on the system behavior.

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Date created

• 2012 July 22-2012 July 26

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

ab062956a014e30aaf02b44e9d33088e

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Part of

b90fd81032b7dbf0c9f90f3dc3a33f1c

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives