Article
Advanced solar R&D: Applying expert elicitations to inform climate policy
Energy Economics
(2009)
Abstract
The relationship between R&D investments and technical change is inherently uncertain. In this paper we combine economics and decision analysis to incorporate the uncertainty of technical change into climate change policy analysis. We present the results of an expert elicitation on the prospects for technical change in advanced solar photovoltaics. We then use the results of the expert elicitations as inputs to the MiniCAM integrated assessment model, to derive probabilistic information about the impacts of R&D investments on the costs of emissions abatement.
Publication Date
2009
Citation Information
Erin D Baker, Haewon Chon and Jeffrey Keisler. "Advanced solar R&D: Applying expert elicitations to inform climate policy" Energy Economics Vol. 31 Iss. Supplement 1 (2009) Available at: http://works.bepress.com/jeffrey_keisler/17/