Energy Policy and Value Tradeoffs

Keeney, R.L. (1975). Energy Policy and Value Tradeoffs. IIASA Research Memorandum. IIASA, Laxenburg, Austria: RM-75-076

[thumbnail of RM-75-076.pdf]

Download (2MB) | Preview


This report has two main purposes. The first is to indicate the appropriateness of multiattribute utility theory for addressing the tradeoff issues invariably present in selecting energy policy. The second is to illustrate by an example how one puts the theory into practice. Specifically, an eleven-attribute utility function over attributes including deaths, 802 pollution, radioactive waste, health effects, and electrical energy generated is assessed. A dialogue indicating the procedure used, with comments on why various questions were asked, is presented in detail. The resulting utility function is being used to examine energy policies differing in terms of main fuel (fossil or nuclear) and degree of conservation.

Item Type: Monograph (IIASA Research Memorandum)
Research Programs: System and Decision Sciences - Core (SDS)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 01:42
Last Modified: 27 Aug 2021 17:08

Actions (login required)

View Item View Item