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We give the reader a tour of good energy optimization models that explicitly deal with uncertainty. The uncertainty … usually stems from unpredictability of demand and/or prices of energy, or from resource availability and prices. Since most … energy investments or operations involve irreversible decisions, a stochastic programming approach is meaningful. Many of the …
Persistent link: https://www.econbiz.de/10005125661
OIL AS AN ENERGY PROPELLER, IS THE LARGEST INTERNATIONALLY TRADED COMMODITY THAT SHOWS HIGHLY VISIBLE INTERPLAY OF …
Persistent link: https://www.econbiz.de/10005412462
Convention on Climate Change (FCCC) will have on energy management strategies of European firms. Based on this analysis, the … of their energy management strategies. The paper closes with general remarks on international climate policy co …
Persistent link: https://www.econbiz.de/10005118919
This article investigates the factors that have induced and shaped the process of industry evolution of banking in the United Kingdom and, in particular, the reorganization of the retail payments system. It will look at how the effects of technical progress within a changing regulatory framework...
Persistent link: https://www.econbiz.de/10005076877
This paper investigates the importance that market regulation and financial imperfections have on …rm growth. We analyse institutions affecting labor market as Employment Protection Laws (EP) and Product Market Regulation (PM). We show that together with the beneficial effects of …nancial...
Persistent link: https://www.econbiz.de/10005077008
Previous research shows that both exporting and the use of advanced technologies independently enhance the performance of U.S. manufacturing plants in a variety of ways. The research presented below shows that plants that both export and use advanced technology outperform other plants in a...
Persistent link: https://www.econbiz.de/10005134406
This paper follows two objectives: (i) It demonstrates the merits of the survey based approach to B2C eCommerce characteristics and company strategy, and (ii) it presents empirical evidence of the crucial importance of size and marketing investment in B2C eCommerce markets. It presents...
Persistent link: https://www.econbiz.de/10005134447
The main argument of this paper is that consumption and demand, like production, are discovery processes guided by trial-and-error and learning by consuming. The key question that is addressed is: how do consumers deal with innovation? By bringing together a number of threads within the...
Persistent link: https://www.econbiz.de/10005134450
Prior research suggests that brand may influence consumer preference for differentiated products. However, the extant literature does not measure how brand value affects product similarity and consumer choice. This paper examines demand response to the proliferation of personal computers (PCs)....
Persistent link: https://www.econbiz.de/10005134477
Setting a price that results in rationing may be optimal for a seller whose customers must make a specific investment to be able to use its product. Rationing results in ex-post inefficiency, but the resulting distribution of ex-post surplus can compensate consumers for their...
Persistent link: https://www.econbiz.de/10005135051