All pages with keywords: decision-making under uncertainty

Water resource planning under future climate and socioeconomic uncertainty in the Cauvery River Basin in Karnataka, India

Water resource planning under future climate and socioeconomic uncertainty in the Cauvery River Basin in Karnataka, India

a research article by Ajay Gajanan Bhave, Declan Conway, Suraje Dessai, David Stainforth 18 January, 2018

This research applies a Decision‐Making Under Uncertainty (DMUU)
approach to explore the robustness of adaptation options and pathways against future climate and socioeconomic uncertainties in the Cauvery River Basin in Karnataka, India. read more »


Uncertainty and ambiguity in environmental economics: conceptual issues

a working paper by Geoffrey Heal, Antony Millner 26 September, 2017

In this paper, the authors’ treatment of uncertainty in environmental applications is motivated by two leading examples: climate change and biodiversity loss. They argue that in these cases uncertainty is sufficiently far-reaching that standard decision-making tools such as expected utility theory may no longer capture important aspects of our uncertainty preferences. Richer models of decision-making, which allow us to express lack of confidence in our information, may be more desirable. read more »


Barriers and opportunities for robust decision making approaches to support climate change adaptation in the developing world

Barriers and opportunities for robust decision making approaches to support climate change adaptation in the developing world

a research article by Ajay Gajanan Bhave, Declan Conway, Suraje Dessai, David Stainforth 29 September, 2016

Climate change adaptation is unavoidable, particularly in developing countries where the adaptation deficit is often larger than in developed countries. Robust Decision Making (RDM) approaches are considered useful for … read more »


A review of the economics of adaptation and climate-resilient development

A review of the economics of adaptation and climate-resilient development

a working paper by Paul Watkiss 14 September, 2015

This working paper aims to inform the development community about the current state-of-knowledge and emerging thinking on the economics of adaptation and the application to development. read more »


An assessment of the foundational assumptions in high-resolution climate projections: the case of UKCP09

An assessment of the foundational assumptions in high-resolution climate projections: the case of UKCP09

a research article by Roman Frigg, Lenny Smith, David Stainforth 7 May, 2015

The United Kingdom Climate Impacts Programme’s UKCP09 project makes high-resolution projections of the climate out to 2100 by post-processing the outputs of a large-scale global climate model. The aim of … read more »


Grantham Workshop | Elizabeth Baldwin: ‘Climate policy with incomplete knowledge’

Grantham Workshop | Elizabeth Baldwin: ‘Climate policy with incomplete knowledge’

Grantham Workshop Elizabeth Baldwin 3 Jun 2015

Elizabeth Baldwin, a Research Officer at the Grantham Research Institute, will be the speaker for this seminar.


Climate change mitigation as catastrophic risk management

a research article by Simon Dietz 18 November, 2014

Since Nicholas Stern published his influential ‘Review on the Economics of Climate Change’ for the British government in 2006, economists have become increasingly interested in how the value of climate policy, especially the reduction of greenhouse gas emissions at the global level, depends on risk and uncertainty. New lines of research make the case that mitigating climate change is above all an exercise in catastrophic risk management. read more »


Grantham Workshop – Erica Thompson – “2050 Global Calculator preview: challenges of providing climate information for decision-makers”

Grantham Workshop – Erica Thompson – “2050 Global Calculator preview: challenges of providing climate information for decision-makers”

Grantham Workshop Erica Thompson 26 Nov 2014

Erica Thompson, an Associate Researcher at the Grantham Research Institute will be the speaker for this seminar.


RSS – Matti Liski – A theory of exhaustible-resource relationships with asymmetric information

Research Seminar Serie 8 Oct 2014

Matti Liski, a professor of economics at the Helsinki School of Economics (HSE), will talk about his paper “A theory of exhaustible-resource relationships with asymmetric information”, co-authored with Reyer Gerlagh. … read more »


The concept of loss and damage of climate change – a new challenge for climate decision-making? A climate science perspective

a research article by Swenja Surminski 4 August, 2014

This paper reviews the implications of Loss and Damage L&D for decision-making with a special focus on the role of climate science. read more »