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AGRELL, Per; BOGETOFT, Peter - Center for Operations Research and Econometrics (CORE), … - 2013

Benchmarking methods, and in particular Data Envelopment Analysis (DEA), have become well-established and informative tools for economic regulation. DEA is now routinely used by European regulators to set reasonable revenue caps for energy transmission and distribution system operators. The...

Persistent link: https://www.econbiz.de/10010927677

Promoting clean technologies under imperfect competition

AZOMAHOU, Théophile; BOUCEKKINE, Raouf; NGUYEN-VAN, Phu - Center for Operations Research and Econometrics (CORE), … - 2009

Persistent link: https://www.econbiz.de/10008550252

Coagglomeration and growth

BARRIOS, Salvador; BERTINELLI, Luisito; STROBL, Eric - Center for Operations Research and Econometrics (CORE), … - 2002

Using plant-level data for the Irish manufacturing sector over the period 1983-98, we study the coagglomeration of domestic plants and foreign multinationals in Ireland. To this end we make use of the index developed by Ellison and Glaeser (1997) and find coagglomeration to be important for a...

Persistent link: https://www.econbiz.de/10005043297

Generalized Nash Equilibrium and market coupling in the European power system

SMEERS, Yves; OGGIONI, Giorgia; ALLEVI, Elisabetta; … - Center for Operations Research and Econometrics (CORE), … - 2010

“Market Coupling” is currently seen as the most advanced market design in the restructuring of the European electricity market. Market coupling, by construction, introduces what is generally referred to as an incomplete market: it leaves several constraints out of the market and hence avoids...

Persistent link: https://www.econbiz.de/10008836142

Wage premia, education race, and supply of educated workers

DEIDDA, Luca G.; PAOLINI, Dimitri - Center for Operations Research and Econometrics (CORE), … - 2013

We model a labor market in which workers’ level of education might be a signal of skills. We show that whenever the wage premium for education increases over time – as it might happen under skill biased technological progress – the investment in education needed to sustain a separating...

Persistent link: https://www.econbiz.de/10010927686

Does the seller of a house facing a large number of buyers always decrease its price when its first offer is rejected?

GABSZEWICZ, Jean J.; VAN YPERSELE, Tanguy; ZANAJ, … - Center for Operations Research and Econometrics (CORE), … - 2011

This paper identifies the optimal two-period price sequence in the attempt for selling a good, with take-it-or-leave-it offers, when the seller faces ambiguity about the buyers' willingness to pay. If the first round fails, the seller updates its beliefs on the state of the market in accordance...

Persistent link: https://www.econbiz.de/10010610497

Asymmetric regulation of identical polluters in oligopoly models

AMIR, Rabah; NANNERUP, Niels - Center for Operations Research and Econometrics (CORE), … - 2004

Studies of second-b est environmental regulation ofiden tical polluting agents have invariably ignored potentially welfare-improving asymmetric regulation by imposing equal regulatory treatment of identical firms at the outset. Yet, cost asymmetry between oligopoly firms may well give rise to...

Persistent link: https://www.econbiz.de/10005008397

Asymmetric information, word-of-mouth and social networks: from the market for lemons to efficiency

NAVARRO, Noemí - Center for Operations Research and Econometrics (CORE), … - 2006

producer. Consumers do not know the quality of the good but they use their acquaintances in order to obtain information about … it. Information transmission exhibits decay and consumers assign a common initial willingness-to-pay before information … as the population of consumers is getting more internally connected, due to free-riding on information by consumers when …

Persistent link: https://www.econbiz.de/10005042872

Effects of the uncertainty about global economic recovery on energy transition and CO2 price

DURAND-LASSERVE, Olivier; PIERRU, Axel; SMEERS, Yves - Center for Operations Research and Econometrics (CORE), … - 2011

This paper examines the impact that uncertainty over economic growth may have on global energy transition and CO2 prices. We use a general-equilibrium model derived from MERGE, and define several stochastic scenarios for economic growth. Each scenario is characterized by the likelihood of a...

Persistent link: https://www.econbiz.de/10010927699

Uncertain long-run emissions targets, CO2 price and global energy transition : a general equilibrium approach

DURAND-LASSERVE, Olivier; PIERRU, Axel; SMEERS, Yves - Center for Operations Research and Econometrics (CORE), … - 2010

The persistent uncertainty about mid-century CO2 emissions targets is likely to affect not only the technological choices that energy-producing firms will make in the future but also their current invest- ment decisions. We illustrate this effect on CO2 price and global energy transition within...

Persistent link: https://www.econbiz.de/10008642226