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.This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.