{"id":108,"date":"2021-04-12T01:37:24","date_gmt":"2021-04-12T05:37:24","guid":{"rendered":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/?post_type=chapter&#038;p=108"},"modified":"2021-04-12T01:37:25","modified_gmt":"2021-04-12T05:37:25","slug":"three-decision-frameworks","status":"publish","type":"chapter","link":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/chapter\/three-decision-frameworks\/","title":{"raw":"Three decision frameworks","rendered":"Three decision frameworks"},"content":{"raw":"<p id=\"yui_3_17_2_1_1618205812946_39\">Here, we\u2019ll survey three decision-making models that have been proposed for situations of deep uncertainty:\u00a0 Real Options; Adaptation Pathways; and Robust Decision Making (RDM).<\/p>\r\nBefore viewing the videos, read sections 3.5 \u2013 3.11 (pp. 406 \u2013 410) in Watkiss, P., Hunt, A., Blyth, W., &amp; Dyszynski, J.\u00a0 (2015). <a href=\"https:\/\/csonline.royalroads.ca\/moodle\/pluginfile.php\/118170\/mod_page\/content\/11\/Watkiss%20et%20al%20%282015%29%20The%20Use%20Of%20New%20Economic%20Decision%20Support%20tools%20for%20adaptation%20assessment.pdf\" target=\"_blank\" rel=\"noopener\">The use of new economic decision support tools for adaptation assessment: A review of methods and applications, towards guidance on applicability<\/a>. <i>Climatic Change, 132<\/i>(3)<i>.\u00a0 <\/i>These sections provide a brief overview to each of the three methods.\u00a0 (NOTE:\u00a0 Watkiss et al use the term \u201cAdaptive Management\u201d rather than \u201cAdaptation Pathways\u201d).","rendered":"<p id=\"yui_3_17_2_1_1618205812946_39\">Here, we\u2019ll survey three decision-making models that have been proposed for situations of deep uncertainty:\u00a0 Real Options; Adaptation Pathways; and Robust Decision Making (RDM).<\/p>\n<p>Before viewing the videos, read sections 3.5 \u2013 3.11 (pp. 406 \u2013 410) in Watkiss, P., Hunt, A., Blyth, W., &amp; Dyszynski, J.\u00a0 (2015). <a href=\"https:\/\/csonline.royalroads.ca\/moodle\/pluginfile.php\/118170\/mod_page\/content\/11\/Watkiss%20et%20al%20%282015%29%20The%20Use%20Of%20New%20Economic%20Decision%20Support%20tools%20for%20adaptation%20assessment.pdf\" target=\"_blank\" rel=\"noopener\">The use of new economic decision support tools for adaptation assessment: A review of methods and applications, towards guidance on applicability<\/a>. <i>Climatic Change, 132<\/i>(3)<i>.\u00a0 <\/i>These sections provide a brief overview to each of the three methods.\u00a0 (NOTE:\u00a0 Watkiss et al use the term \u201cAdaptive Management\u201d rather than \u201cAdaptation Pathways\u201d).<\/p>\n","protected":false},"author":120,"menu_order":5,"template":"","meta":{"pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[48],"contributor":[],"license":[],"class_list":["post-108","chapter","type-chapter","status-publish","hentry","chapter-type-numberless"],"part":96,"_links":{"self":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapters\/108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/wp\/v2\/users\/120"}],"version-history":[{"count":1,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapters\/108\/revisions"}],"predecessor-version":[{"id":109,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapters\/108\/revisions\/109"}],"part":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/parts\/96"}],"metadata":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapters\/108\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/wp\/v2\/media?parent=108"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapter-type?post=108"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/wp\/v2\/contributor?post=108"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/wp\/v2\/license?post=108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}