We develop a model that captures the basic characteristics of competitively authoritarian regimes. An incumbent (government) faces a challenge from a rival (opposition). There is also an agent (bureaucracy) who can shirk and can interfere in this contest. Shirking is costly to the incumbent. The...

A techno-economic feasibility study has been conducted to investigate the revamping of two 32 MWe Pulverised-Coal (PC) boilers with a number of firing options. The options investigated were: (1) conventional PC revamping, (2) replacement with a new PC boiler, (3) PC to Circulating Fluidised Bed...

Quality in the capital allocation process is of utmost relevance in securing and sustaining economic performance and corporate goals. The correct characterisation of uncertainties across the opportunity set is critical in achieving optimal capital allocation decisions. Real projects are...