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Persistent link: https://www.econbiz.de/10011090590
be identified.Additionally, the model acts as a learning tool for testing mental models and forimproving the …
Persistent link: https://www.econbiz.de/10009459261
termination CSP contracts. Termination decisions, in this model, are a result of learning processes, that is, the producer … Program.Behavioral characteristics play a significant role in shaping producers? learning processes and the formation of … determine a producer?s adjustment times for perceiving new information and the incorporation of that learning into new …
Persistent link: https://www.econbiz.de/10009466194
With its resource availability and the prospect of climate friendly technology, coal continues to play an important role in the global energy sector. We develop a complementarity model of the international market for steam coal. We want to analyze the level of competition in this market which is...
Persistent link: https://www.econbiz.de/10010265027
This paper investigates the existence of market power and the sequentiality of games in the crude oil market. In particular, we examine whether Saudi Arabia acts as a Stackelberg leader or in a simultaneous-move framework, in a number of market power scenarios ranging from perfect competition to...
Persistent link: https://www.econbiz.de/10010270282
This paper proposes a partial equilibrium model to describe the global crude oil market. Pricing on the global crude oil market is strongly influenced by price indices such as WTI (USA) and Brent (Northwest Europe). Adapting an approach for pool-based electricity markets, the model captures the...
Persistent link: https://www.econbiz.de/10010271092
We analyze the expected effects of building a rail tunnel between Lyon and Turin on i) the market shares of the established and the new suppliers, and ii) consumer surplus. The prospective project consists of a 53km rail tunnel providing freight shippers with a new alpine path. We calibrate an...
Persistent link: https://www.econbiz.de/10010299961
Land use and land use change are determined as much by economic and institutional drivers as they depend on bio-physical conditions. Future pathways of socio-economic and environmental systems can only be assessed with scenarios which describe possible future paths of development. For this...
Persistent link: https://www.econbiz.de/10010330068
This paper compares retail and wholesale electricity prices in SEM, the market of the island of Ireland, and BETTA in Great Britain. Wholesale costs are much lower in BETTA. We show that this is mostly because the wholesale price in BETTA is set too low to cover generation costs, although it is...
Persistent link: https://www.econbiz.de/10010392473
Land-use changes have transformed tropical landscapes throughout the past decades dramatically. We describe here an ecologicaleconomic land-use change model to provide an integrated,exploratory tool to analyze how tropical land use and land-use change affect ecological and socio- conomic...
Persistent link: https://www.econbiz.de/10011319115