MoTI - Decision Analysis – A Case Study of climate change
This course is part of the Management of Technology and Innovation suite of courses from the Judge Business School. To introduce students to methods of decision-making, including environmental economics, cost-benefit analysis and probabilistic modelling. To see how these methods can be applied to the analysis of climate change. The strengths and limitations of the techniques will be illustrated with examples from real policy decisions.
- Please note that thise course is only available to those in the Graduate School of Life Sciences
- Postgraduates in the Graduate School of Life Sciences
- Researchers in the Graduate School of Life Sciences
Number of sessions: 4
| # | Date | Time | Venue | Trainer | |
|---|---|---|---|---|---|
| 1 | Thu 8 Nov 2012 18:00 - 20:00 | 18:00 - 20:00 | Judge Business School, Lecture Theatre 1 | map | |
| 2 | Thu 15 Nov 2012 18:00 - 20:00 | 18:00 - 20:00 | Judge Business School, Lecture Theatre 1 | map | |
| 3 | Thu 22 Nov 2012 18:00 - 20:00 | 18:00 - 20:00 | Judge Business School, Lecture Theatre 1 | map | |
| 4 | Thu 29 Nov 2012 18:00 - 20:00 | 18:00 - 20:00 | Judge Business School, Lecture Theatre 1 | map | |
- Introduction to decision analysis
- Climate change
- Valuing the environment
- Cost benefit analysis
- Uncertainty
- Optimisation
- The value of information
- Regulating by price instead of quantity
- Beyond decision analysis
- Understand the economic view of the environment, the different approaches to valuing the environment, and their difficulties
- Perform a simple cost-benefit analysis and understand the main critiques of the technique
- Understand the technique of probabilistic modelling, its ability to find the value of better information, and its limitations
- Understand the main heuristics used by people to estimate probabilities, and the biases they can introduce
- Understand the reasons for proposing environmental taxes, and the difficulties of calculating and implementing them
Presentations
Nobody should book on more than any four of the MoTI courses over the academic year because of length of the courses.
When booking on any of the MoTI courses, you must commit to attending all of the sessions in that course (usually four on consecutive weeks). Failure to do so may result in you being prevented from attending future courses and your department and School may be contacted.
Some of the courses run twice, with parallel streams on different days of the week. You must continue to attend the sessions on the day of the week consistent with the day of the course that you booked on to.
Four sessions of two hours
Yearly
Booking / availability