Modeling the Formation of Expectations

In this pioneering book, John Sterman presents a comprehensive and insightful analysis of the history of energy demand forecasting and the ways in which these forecasts have shaped energy policy and practice. Drawing on a range of social and natural science disciplines, Sterman argues for a more sophisticated and nuanced approach to energy forecasting that takes into account the complex and interdependent factors that drive energy demand. This book would be of interest to energy policy analysts, economists, and anyone interested in the science of decision-making under uncertainty.

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