Explainers working-paper backbone

Selection-stage loss

Loss introduced when the selected project object is constructed too narrowly or compared against an incomplete set of alternatives.

Why it matters

Some lifecycle losses are already embedded before contracting begins, because the comparison has admitted a misdefined or incomplete project object or suppressed outcome-changing alternatives.

What SELRA asks

SELRA asks which alternatives are admissible, how object construction changes ranking, and what robustness checks are needed before capital is committed.