Basics in Numerical Formulation of Technology Choice Problems and Its Application to Technology Assessment

Abstract

Lots of projects on technology development are actively conducted around the world. In such projects, the magnitude of contribution in realizing a transformation of the society into a sustainable condition is important as well as their economic feasibility. Therefore, it is often required to describe the advantage of the technology in achieving the envisioned transformation. Here, I describe the basic of an approach to formulate technology choice problem as an extension of conventional life cycle assessment, using a numerical approach. The potentials of assessment taking advantage of the constructed model is discussed.