Authors
Caner Hamarat, Jan H Kwakkel, Erik Pruyt
Publication date
2013/3/1
Journal
Technological Forecasting and Social Change
Volume
80
Issue
3
Pages
408-418
Publisher
North-Holland
Description
Developing strategies, or policies, that automatically adapt to changing conditions is called adaptive decision-making, respectively adaptive policy-making. In this paper, we propose an iterative computational model-based approach to support adaptive decision-making under deep uncertainty. This approach combines an adaptive policy-making framework with a computational approach to generate and explore thousands of plausible scenarios using simulation models, data mining techniques, and robust optimization. The proposed approach, which is very useful for Future-Oriented Technology Analysis (FTA) studies, is illustrated on a policy-making case related to energy transitions. This case demonstrates how the performance of a policy can be improved iteratively by exploring its performance across thousands of plausible scenarios, identifying problematic subsets that require improvement, identifying adaptive …
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Scholar articles
C Hamarat, JH Kwakkel, E Pruyt - Technological Forecasting and Social Change, 2013