Scopus İndeksli Yayınlar Koleksiyonu
Permanent URI for this collectionhttps://hdl.handle.net/20.500.12573/395
Browse
2 results
Search Results
Article Citation - WoS: 4Citation - Scopus: 4Parameter Uncertainties in Evaluating Climate Policies with Dynamic Integrated Climate-Economy Model(Springer Nature, 2023-05-04) Sutcu, MuhammedClimate change is a complex issue with significant scientific and socio-economic uncertainties, making it difficult to assess the effectiveness of climate policies. Dynamic Integrated Climate-Economy Models (DICE models) have been widely used to evaluate the impact of different climate policies. However, since climate change, long-term economic development, and their interactions are highly uncertain, an accurate assessment of investments in climate change mitigation requires appropriate consideration of climatic and economic uncertainties. Moreover, the results of these models are highly dependent on input parameters and assumptions, which can have significant uncertainties. To accurately assess the impact of climate policies, it is crucial to incorporate uncertainties into these models. In this paper, we explore the impact of parameter uncertainties on the evaluation of climate policies using DICE models. Our goal is to understand whether uncertainty significantly affects decision-making, particularly in global warming policy decisions. By integrating climatic and economic uncertainties into the DICE model, we seek to identify the cumulative impact of uncertainty on climate change. Overall, this paper aims to contribute to a better understanding of the challenges associated with evaluating climate policies using DICE models, and to inform the development of more effective policy measures to address the urgent challenge of climate change.Article Citation - WoS: 3Citation - Scopus: 3Disutility Entropy in Multi-Attribute Utility Analysis(Pergamon-Elsevier Science Ltd, 2022-07) Sutcu, MuhammedIn this paper, we present an alternative formulation of utility entropy called disutility entropy. Previous entropy measurements in the literature use utility density function in maximum entropy formulations. Also, in most of the cases, the sign of the cross derivative of utility functions makes it impossible to apply utility entropy for more than one attribute cases. To simplify entropy measurement and relieve some burden of this task, in this paper, we present how to use multiattribute utility functions in utility entropy formulation. We show the applicability of our proposed approach and how to apply the disutility entropy approach with given constraints to singleattribute, bi-attribute, and multiattribute utility functions. Therefore, the usefulness and feasibility of the proposed method in multiattribute utility theory field is improved. We finally discuss and interpret the application of maximum disutility entropy through several examples to illustrate the new proposed approach.