These future emissions scenarios span a range of possible futures from assuming current air quality legislation is fully implemented, to a more optimistic case with maximum feasible reductions, through to a more pessimistic case with continued strong economic growth and minimal implementation of air quality legislation.
Hence, a pessimistic type plays maximin.
Factoring in these effects, they argue, "could easily more than double the costs of Brexit and lead to a loss in the pessimistic case comparable to the decline in UK GDP during the global financial crisis of 2008-09".
"The fact that no one really disagrees with the pessimistic case is a dangerous signal" that investors have overreacted, Alexander Kinmont, a strategist at Nikko Salomon Smith Barney, wrote recently.
In the case at hand, the experts at SERVICE realized that, at the start of the planning horizon, the implementation of projects 1 and 9 is robust, as in the expected general case A, both the optimistic and pessimistic case support this decision with high robustness values.
The pessimistic case for Mr. Romney in Nevada is that the polling spread has been narrow there compared with other states.
"The pessimistic case is that they don't know how — they just got lucky with their first thing and they're riding that out," Altman said.
To make that more pessimistic case, just combine this chart showing the current American unemployment rate by education level with this chart showing how social mobility for the bottom 20 percent stacks up against other developed economies.
The pessimistic case is that he doesn't really stand out from the pack on the basis of personality, accomplishments or what we might think of as his "brand".
