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The set of distribution functions that maximize expected utility for some utility function in a given class is the optimal set. This paper presents an algorithm for determining the optimal set of distributions for an important class of preferences and general finite sets of alternatives. The...
Persistent link: https://www.econbiz.de/10009200941
A simulation model has been developed to analyze the potential of the application of transparent insulation for passive solar buildings in northern China. The potential advantages of using transparent insulation materials in buildings are estimated, in which the effects of variations in solar...
Persistent link: https://www.econbiz.de/10008916723
In the 1980s, the practice of converting campaign contributions into personal income on retirement was curtailed by the Federal Elections Commission (FEC), but an exemption allowed some representatives to continue this practice. Conse quently, a natural experiment was created in which...
Persistent link: https://www.econbiz.de/10010687272
This paper discusses the potential for electricity generation on Hong Kong islands through an analysis of the local weather data and typical wind turbine characteristics. An optimum wind speed, uop, is proposed to choose an optimal type of wind turbine for different weather conditions. A...
Persistent link: https://www.econbiz.de/10011045809
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