{"id":"https://openalex.org/W54520055","doi":"https://doi.org/10.1596/1813-9450-6765","title":"Making Informed Investment Decisions in an Uncertain World: A Short Demonstration","display_name":"Making Informed Investment Decisions in an Uncertain World: A Short Demonstration","publication_year":2014,"publication_date":"2014-02-01","ids":{"openalex":"https://openalex.org/W54520055","doi":"https://doi.org/10.1596/1813-9450-6765","mag":"54520055"},"language":"en","primary_location":{"id":"doi:10.1596/1813-9450-6765","doi":"https://doi.org/10.1596/1813-9450-6765","is_oa":false,"landing_page_url":"https://doi.org/10.1596/1813-9450-6765","pdf_url":null,"source":{"id":"https://openalex.org/S4306464317","display_name":"World Bank, Washington, DC eBooks","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"ebook platform"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":null,"raw_type":"book"},"volume":null,"type":"report","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://hdl.handle.net/10986/17310","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5038691939","display_name":"Laura Bonzanigo","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1334329717","display_name":"World Bank","ror":"https://ror.org/00ae7jd04","country_code":"US","type":"other","lineage":["https://openalex.org/I1334329717","https://openalex.org/I55633929"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Laura Bonzanigo","raw_affiliation_strings":["","World Bank - Office of the Chief Economist"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"","institution_ids":[]},{"raw_affiliation_string":"World Bank - Office of the Chief Economist","institution_ids":["https://openalex.org/I1334329717"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5040335377","display_name":"Nidhi Kalra","orcid":"https://orcid.org/0000-0003-3013-7369","observed_orcids":["https://orcid.org/0000-0003-3013-7369"]},"institutions":[{"id":"https://openalex.org/I1309849503","display_name":"RAND Corporation","ror":"https://ror.org/00f2z7n96","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1309849503"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Nidhi Kalra","raw_affiliation_strings":["","[RAND Corporation]"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"","institution_ids":[]},{"raw_affiliation_string":"[RAND Corporation]","institution_ids":["https://openalex.org/I1309849503"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":28,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10050","display_name":"Multi-Criteria Decision Making","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/robust-decision-making","display_name":"robust decision making","score":0.9900000095367432},{"id":"https://openalex.org/keywords/investment-under-uncertainty","display_name":"investment under uncertainty","score":0.6510000228881836},{"id":"https://openalex.org/keywords/world-bank-projects","display_name":"World Bank projects","score":0.8059999942779541},{"id":"https://openalex.org/keywords/energy-security","display_name":"energy security","score":0.9340000152587891},{"id":"https://openalex.org/keywords/turkey","display_name":"Turkey","score":0.4189999997615814},{"id":"https://openalex.org/keywords/investment-loans","display_name":"investment loans","score":0.49799999594688416},{"id":"https://openalex.org/keywords/scenario-analysis","display_name":"scenario analysis","score":0.39800000190734863}],"concepts":[{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5481886267662048},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.47087419033050537},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.22781023383140564},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.11042478680610657},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1596/1813-9450-6765","doi":"https://doi.org/10.1596/1813-9450-6765","is_oa":false,"landing_page_url":"https://doi.org/10.1596/1813-9450-6765","pdf_url":null,"source":{"id":"https://openalex.org/S4306464317","display_name":"World Bank, Washington, DC eBooks","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"ebook platform"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":null,"raw_type":"book"},{"id":"pmh:oai:RePEc:wbk:wbrwps:6765","doi":null,"is_oa":false,"landing_page_url":"http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/02/03/000158349_20140203130155/Rendered/PDF/WPS6765.pdf","pdf_url":"http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/02/03/000158349_20140203130155/Rendered/PDF/WPS6765.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:3124882369","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:wbk:wbrwps:6765","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:openknowledge.worldbank.org:10986/17310","doi":null,"is_oa":true,"landing_page_url":"https://hdl.handle.net/10986/17310","pdf_url":null,"source":{"id":"https://openalex.org/S4377196270","display_name":"The World Bank Open Knowledge Repository (World Bank)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1334329717","host_organization_name":"World Bank","host_organization_lineage":["https://openalex.org/I1334329717"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"pmh:oai:openknowledge.worldbank.org:10986/17310","doi":null,"is_oa":true,"landing_page_url":"https://hdl.handle.net/10986/17310","pdf_url":null,"source":{"id":"https://openalex.org/S4377196270","display_name":"The World Bank Open Knowledge Repository (World Bank)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1334329717","host_organization_name":"World Bank","host_organization_lineage":["https://openalex.org/I1334329717"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":20,"referenced_works":["https://openalex.org/W49504150","https://openalex.org/W53408625","https://openalex.org/W114434999","https://openalex.org/W182760269","https://openalex.org/W190319437","https://openalex.org/W607674676","https://openalex.org/W609333003","https://openalex.org/W1496271476","https://openalex.org/W1576614930","https://openalex.org/W1582563599","https://openalex.org/W1842872737","https://openalex.org/W2003483243","https://openalex.org/W2065699488","https://openalex.org/W2090595148","https://openalex.org/W2096786954","https://openalex.org/W2170644967","https://openalex.org/W2183161947","https://openalex.org/W2311760508","https://openalex.org/W3148401048","https://openalex.org/W4297963821"],"related_works":["https://openalex.org/W1532182048","https://openalex.org/W3122679324","https://openalex.org/W4404148302","https://openalex.org/W4205676667","https://openalex.org/W7207671571","https://openalex.org/W987999182","https://openalex.org/W2349513773","https://openalex.org/W1843404473","https://openalex.org/W1543828735","https://openalex.org/W88238562"],"abstract_inverted_index":{"Governments":[0],"invest":[1],"billions":[2],"of":[3,69,95,112,156],"dollars":[4],"annually":[5],"in":[6,59,232,241],"long-term":[7,21],"projects.":[8,73],"Yet":[9],"deep":[10],"uncertainties":[11],"pose":[12],"formidable":[13],"challenges":[14,240],"to":[15,42,56,79,108,127,169],"making":[16],"near-term":[17],"decisions":[18,27],"that":[19,24,76,86,135,178,208,215],"make":[20],"sense.":[22],"Methods":[23],"identify":[25],"robust":[26],"have":[28],"been":[29],"recommended":[30],"for":[31,224],"investment":[32,60],"lending":[33],"but":[34,82],"are":[35,229],"not":[36,88],"widely":[37],"used.":[38],"This":[39],"paper":[40,63,100,213,237],"seeks":[41],"help":[43,140,196],"bridge":[44],"this":[45],"gap":[46],"and,":[47],"with":[48],"a":[49,102,113,153,183],"demonstration,":[50],"motivate":[51],"and":[52,122,145,200,205,222,245],"equip":[53],"analysts":[54,77,216],"better":[55],"manage":[57,80],"uncertainty":[58,81],"decisions.":[61],"The":[62,132],"first":[64],"reviews":[65],"the":[66,92,99,109,118,165,212,219,236,239],"economic":[67,110,233],"analysis":[68,111,133],"ten":[70],"World":[71,115],"Bank":[72,116],"It":[74,194],"finds":[75],"seek":[78],"use":[83,218],"traditional":[84],"approaches":[85],"do":[87,149],"evaluate":[89],"options":[90,150,204],"over":[91],"full":[93],"range":[94,155],"possible":[96],"futures.":[97],"Second,":[98],"applies":[101],"different":[103,184],"approach,":[104],"Robust":[105,136,225],"Decision":[106,137,226],"Making,":[107],"2006":[114],"project,":[117],"Electricity":[119],"Generation":[120],"Rehabilitation":[121],"Restructuring":[123],"Project,":[124],"which":[125],"sought":[126],"improve":[128],"Turkey's":[129],"energy":[130],"security.":[131],"shows":[134],"Making":[138,227],"can":[139,195,217,248],"decision":[141,171,179,192],"makers":[142,180],"answer":[143],"specific":[144,162],"useful":[146],"questions:":[147],"How":[148],"perform":[151],"across":[152],"wide":[154],"potential":[157],"future":[158],"conditions?":[159],"Under":[160],"what":[161],"conditions":[163,175],"does":[164],"leading":[166],"option":[167],"fail":[168],"meet":[170],"makers'goals?":[172],"Are":[173],"those":[174],"sufficiently":[176],"likely":[177],"should":[181],"choose":[182],"option?":[185],"Such":[186],"knowledge":[187],"informs":[188],"rather":[189],"than":[190],"replaces":[191],"makers'deliberations.":[193],"them":[197],"systematically,":[198],"rigorously,":[199],"transparently":[201],"compare":[202],"their":[203],"select":[206],"one":[207],"is":[209],"robust.":[210],"Moreover,":[211],"demonstrates":[214],"same":[220],"data":[221],"models":[223],"as":[228],"typically":[230],"used":[231],"analyses.":[234],"Finally,":[235],"discusses":[238],"applying":[242],"such":[243],"methods":[244],"how":[246],"they":[247],"be":[249],"overcome.":[250]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":4},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-09-25T08:18:29.962427","created_date":"2016-06-24T00:00:00"}
