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NICHOLAS SCHOOL FACULTY


Dalia Patino Echeverri

Bio and Research:


Dr. Patino-Echeverri’s research focuses on public policy design for energy systems, with a particular emphasis on managing the risks arising from the uncertainties influencing the outcomes of government actions. Much of her current work focuses on the policies that affect capital investment decisions within the electricity industry, and the corresponding costs to society of electricity and air-emissions levels. Her models explore the effects of different government policies by representing the industry’s decisions under uncertainty on future technological advancements, fuel prices, and emissions regulations. This research incorporates various methodologies, including options valuation theory, stochastic dynamic optimization, simulation, statistical methods, and game theory. Recent projects include: 1) a study of how to provide mechanisms for investment in carbon capture and sequestration technologies; 2) research on public perceptions of different energy-environment tensions and costumer willingness to pay for solutions; 3) an investigation into the relative merits of biofuels relative to oil dependence; 4) the use of imprecise probabilities in decision making under uncertainty; and 5) the application of robust decision making for the design of energy policies under uncertainty.

 
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