Characterizing uncertain sea-level rise projections to support investment decisions.
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ABSTRACT: Many institutions worldwide are considering how to include uncertainty about future changes in sea-levels and storm surges into their investment decisions regarding large capital infrastructures. Here we examine how to characterize deeply uncertain climate change projections to support such decisions using Robust Decision Making analysis. We address questions regarding how to confront the potential for future changes in low probability but large impact flooding events due to changes in sea-levels and storm surges. Such extreme events can affect investments in infrastructure but have proved difficult to consider in such decisions because of the deep uncertainty surrounding them. This study utilizes Robust Decision Making methods to address two questions applied to investment decisions at th
SUBMITTER: Sriver RL
PROVIDER: S-EPMC5802450 | biostudies-literature | 2018
REPOSITORIES: biostudies-literature
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