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Persistent link: https://www.econbiz.de/10009722625
returns prevail). In this paper, we introduce a new assumption about the generation of knowledge, which involves entropy, i … explored in scenarios of neoclassical and endogenous growth and it is able to justify endogenous fluctuations. Entropy in the … are observable for different degrees of entropy. Complete a-periodicity (chaos) is also found for particular values of an …
Persistent link: https://www.econbiz.de/10005787052
The purpose of this essay is to give an overview of some recent workconcerning structural properties of the evolution of the forward rate curve in an arbitrage free bond market. The main problems to be discussed are as follows. 1. When is a given forward rate model consistent with a given family...
Persistent link: https://www.econbiz.de/10010281447
The purpose of this essay is to give an overview of some recent workconcerning structural properties of the evolution of the forward rate curve in an arbitrage free bond market. The main problems to be discussed are as follows. <p> <p> 1. When is a given forward rate model consistent with a given...</p></p>
Persistent link: https://www.econbiz.de/10005649234
The Smart Grid envisions a transformed US power distribution grid that enables communicating devices, under human supervision, to moderate loads and increase overall system stability and security. This vision explicitly promotes increased participation from a community that, in the past, has had...
Persistent link: https://www.econbiz.de/10009437326
A robust methodology for estimating the value of service reliability improvements is presented. Although econometric models for estimating value of service (interruption costs) have been established and widely accepted, analysts often resort to applying relatively crude interruption cost...
Persistent link: https://www.econbiz.de/10009437330
between valuations of risk reductions in which reductions in risksare presented via absolute values and grids and absolute … theeffect of risk grids on choices people make. General results show the existence of heterogeneity in Britishconsumers …’ preferences. The effects of nanosensors and risk grids on consumers’ choices are not strongacross the models. The valuations of …
Persistent link: https://www.econbiz.de/10009446736
between valuations of risk reductions in which reductions in risks are presented via absolute values and grids and absolute … effect of risk grids on choices people make. General results show the existence of heterogeneity in British consumers …’ preferences. The effects of nanosensors and risk grids on consumers’ choices are not strong across the models. The valuations of …
Persistent link: https://www.econbiz.de/10009203317
, transmission and distribution grids as well as storage and demand response are subject to important path dependences, which put … generation are widely in place, measures to address barriers associated with electricity grids, storage and demand are still in …
Persistent link: https://www.econbiz.de/10011030785
is in this context that smart grids are being discussed. Electricity grids, and hence their regulatory frameworks, have a … from grids and what are the regulatory tools that could be used to align the incentives of grid companies and grid users … and find that smart grids need a coherent regulatory framework addressing grid services, grid technology innovation and …
Persistent link: https://www.econbiz.de/10008462042