An approximate dynamic programming framework for modeling global climate policy under decision-dependent uncertainty

Keyphrases

• Decision-dependent Uncertainty 100%
• Global Climate Policy 100%
• Programming Framework 100%
• Approximate Dynamic Programming 100%
• Decision Stages 66%
• Emission Control 33%
• Nonparametric 33%
• Numerical Results 33%
• Shock 33%
• Optimal Control 33%
• Sequential Decision 33%
• Control Rate 33%
• Optimal Policy 33%
• Computational Burden 33%
• Cost Uncertainty 33%
• Two-stage Model 33%
• Dynamic Programming Algorithm 33%
• Technological Change 33%
• Approximation Approach 33%
• Abatement Cost 33%
• Low Emission 33%
• Technology R&D 33%
• Discrete numbers 33%
• Multi-stage Problem 33%
• Uncertainty Type 33%
• Stochastic Dynamic Programming 33%
• Value Function Approximation 33%
• Symmetric Means 33%
• Two-stage Approximation 33%
• Discrete Actions 33%

Engineering

• Dynamic Programming 100%
• Multistage 66%
• Dimensionality 33%
• Emission Control 33%
• Value Function 33%
• Optimal Policy 33%
• Stochastic Dynamic 33%
• Rate Control 33%
• Discrete Action 33%

Economics, Econometrics and Finance

• Climate Policy 100%
• Dynamic Programming 100%
• Decision under Uncertainty 33%
• Optimal Control 33%
• Abatement Cost 33%
• Technological Change 33%