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Probing paradoxes in people’s behavior
Game theory has evolved into a powerful
tool for behavioral study of humans,
communities, and animals. But when
IIASA researcher Dan Jessie observed actual
behavior sometimes failing to match game
theory predictions he was driven to ask
“what’s going on?”
“We see humans are much more
complicated than the models are ever going
to be and so you see a lot of paradoxes
where the model predicted something—
but for some reason the subject did
something completely unexpected,”
says Jessie. This unexpected behavior is
most often seen when players cooperate
even though the model predicts they will
pursue their own interest. “For example,
in a prisoners dilemma game where each
player always has an incentive to go after
their own selfish pay‑off—but doing
so leads to a mutually inferior outcome
—you would see people cooperating.”
Jessie and coauthor Ryan Kendall at the
University of Southern California conducted
experiments which address this issue and
have submitted a paper for publication describing the results. “You have these
different models arguing about which one
is better and now we can say, well look,
we can describe mathematically where they
work and where they don’t.”
Critical to their analysis is a new way to
decompose games, developed in collaboration
with Donald Saari of the University of
California Irvine, into the portion that encourages individuals to seek “personally
preferred payoffs” and the portion that
requires cooperation among players. As
Jessie says, “we have a way of comparing
models now that wasn’t around before.” KS
Further info Jessie DT, Saari DG (2015). Strategic
and behavioral decomposition of games. IIASA
Interim Report IR-15-001.
Daniel Jessie jessie@iiasa.ac.at
Electricity production vulnerable to climate and water change
Climate change impacts and associated changes in water
resources could lead to reductions in electricity production
capacity for more than 60% of the hydropower and
thermoelectric power plants worldwide from 2040–2069, according
to a new study. Yet adaptation measures focused on efficiency and
flexibility could mitigate much of the decline.
“Hydropower plants and thermoelectric power plants—which
are nuclear, fossil‑, and biomass‑fueled plants converting heat
to electricity—both depend on water availability” explains IIASA researcher Michelle van Vliet, who led the study. “In addition,
water temperature plays a critical role for cooling in thermoelectric
power generation.”
Together, hydropower and thermoelectric power currently
contribute to 98% of electricity production worldwide.
Model projections show that climate change will impact water
resource availability and increase water temperatures in many
regions. AÂ previous study by the researchers showed that these
changes could result in significant reductions in thermoelectric
power supply in Europe and the US.
This new study expands the research to a global level, using
data from 24,515 hydropower and 1,427 thermoelectric power
plants. In addition, they tested six adaptation options to mitigate
the vulnerability to changes in climate and water resources.
“This is the first study of its kind to examine the linkages
between climate change, water resources, and electricity
production on a global scale. We clearly show that power plants
are not only causing climate change, but they might also be
affected in major ways by climate,” says IIASA Energy Program
Director Keywan Riahi, a study coauthor. KL
Further info Van Vliet MTH, Wiberg D, Leduc S, Riahi K (2016).
Power-generation system vulnerability and adaptation to changes in climate and
water resources. Nature Climate Change 6(4):375–380 [doi:10.1038/
NCLIMATE2903].
Michelle van Vliet vanvliet@iiasa.ac.at
zurĂĽck zum
Buch options, Band summer 2016"
options
Band summer 2016
- Titel
- options
- Band
- summer 2016
- Ort
- Laxenburg
- Datum
- 2016
- Sprache
- englisch
- Lizenz
- CC BY-NC 4.0
- Abmessungen
- 21.0 x 29.7 cm
- Seiten
- 32
- Kategorien
- Zeitschriften Options Magazine