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Introduction and Motivation -- Optimality and Complementarity -- Some Microeconomic Principles -- Equilibria and Complementarity Problems -- Variational Inequality Problems -- Optimization Problems Constrained by Optimization Problems -- Equilibrium Problems with Equilibrium Constraints --...
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For the last decade Canadian energy policy and oil pricing policy have been subjects of heated debate, dividing the country into several interest groups. The debate began when the federal government shielded the Canadian consumer from rapid world oil price increases by freezing domestic wellhead...
Persistent link: https://www.econbiz.de/10004983743
Predicting the discovery rate and marginal finding costs of natural gas resources requires a well-documented and long statistical history. For partially explored basins, the statistical history is often inadequate. Attempts at avoiding the problem have been made using probabilistic modelling...
Persistent link: https://www.econbiz.de/10004983872
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Buy-Sell "Shotgun" clauses call for a partner who wishes to discontinue a partnership to declare a value for the business, and for the other partner to then buy her out or sell to her at this value. The resulting decision model for an expected utility maximizing individual, who is uncertain of...
Persistent link: https://www.econbiz.de/10009209405
In this paper, we introduce the combination of an energy-process model with the geometric distributed lag demand, called the energy-GDL process model, as well as its solution technique. In an energy-GDL process model, the demand is represented by a function of the prices not only in the current...
Persistent link: https://www.econbiz.de/10010809523
The Waterloo Energy Modelling System (WATEMS) is a spreadsheet-based tool for the creation and maintenance of mathematical programming models of energy supplies and demands. Unlike the approach of general purpose matrix generators, WATEMS restricts the modeller to network constraints and just a...
Persistent link: https://www.econbiz.de/10010811032
We discuss a model that involves the use of linear programming to calculate the least costly configuration of the energy system in the province of Ontario in Canada for the year 2021. We identify some desirable changes in energy technologies and fuels, compared with the present, and we analyze...
Persistent link: https://www.econbiz.de/10010811379