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Decision making under epistemic uncertainty : an application to seismic design
(Massachusetts Institute of Technology, 2008)
The problem of accounting for epistemic uncertainty in risk management decisions is conceptually straightforward, but is riddled with practical difficulties. Simple approximations are often used whereby future variations ...
Managing risks in energy capital projects -- the value of contractual risk-sharing in CCS-EOR
(Massachusetts Institute of Technology, 2014)
This thesis addresses the question of how to maximize the value of energy capital projects in light of the various risks faced by these projects. The risks can be categorized as exogenous risks (not in control of involved ...