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Keywords: Structural uncertainty
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Journal Articles
International Review of Environmental and Resource Economics (2014) 7 (2): 109–139.
Published: 07 January 2014
...Paul L. Fackler Structural uncertainty arises when key features of the behavior of a system are not well understood. Observational uncertainty arises when key variables in a system are not directly observed. Both types of uncertainty lead to problems for standard dynamic optimization approaches...
