Join Rita's Mailing List!


Interesting application of options idea to “Green” Energy programs

A colleague of mine drew to my attention an NPR story about the Federal government's plans to develop green technologies.  In many ways, the approach echoes options reasoning:


Many small bets

Substantial upside if the opportunity is successful

Less concern about the rate of failure than the cost of failure

Genuine uncertainty


A pretty interesting approach. 

Filed In: ,

No Comments