Showing 1 - 10 of 25
Nuclear energy is economic and does not emit CO2 but has two central setbacks. First, it has not been yet implemented an efficient method of disposing the spent fuel. Second, the reactors’ complexity is expensive and turns possible the occurrence of accidents. In this paper, first I propose a...
Persistent link: https://www.econbiz.de/10005059554
Although it is known that there are circumstances where the competitive situation does not promote social welfare maximization, collusion is usually associated with firms’ strategies that decrease welfare. In this paper, using the theoretical framework of the industrial organization, I...
Persistent link: https://www.econbiz.de/10005059510
We built a general equilibrium endogenous growth model in which final goods are produced either in the relatively skilled-labour intensive exports sector or in the relatively unskilled-labour intensive domestic sector. We show that, by affecting the technological-knowledge bias, subsidies...
Persistent link: https://www.econbiz.de/10009291607
We propose a framework to solve dynamic nonlinear infinite-horizon models like those found in the standard economic growth literature. We employ a direct method to solve the underlying optimal control problem, something novel in the economic literature. Instead of deriving the necessary...
Persistent link: https://www.econbiz.de/10010842592
The Minimum Cost Network Flow Problem (MCNFP) includes a wide range of combinatorial optimization problems. Many applications exist for MCNFPs for instance supply chains, logistics, production planning, communications and transportations. Concave costs are, in many applications, more realistic...
Persistent link: https://www.econbiz.de/10010842594
The Hop-constrained Minimum cost Flow Spanning Tree (HMFST) problem is an extension of the Hop-Constrained Minimum Spanning Tree problem since it considers flow requirements other than unit flows. Given that we consider the total costs to be nonlinearly flow dependent with a fixed-charge...
Persistent link: https://www.econbiz.de/10010643582
Seminal works on growth theory had mainly focused on exogenous technological change, where a certain given path of technological change was considered. At the end of the 1980s, a new growth theory emerged allowing for the endogeneity of technological change, where economic agents can affect the...
Persistent link: https://www.econbiz.de/10008493673
This paper deals with dynamic price competition in markets in which the perception of consumers regarding the value of goods depends on the choices of other consumers in the market. In particular, we consider the case in which consumers tend to imitate their peers, generating a conformity...
Persistent link: https://www.econbiz.de/10008479372
The Portuguese banking sector has been recently subjected to important structural changes. The diversification of the supply of financial services, the specialization phenomena and the growing importance of new technologies are changing the sector dramatically. A profit perspective is used to...
Persistent link: https://www.econbiz.de/10005001168
In this work we address the facility network restructuring problem. This problem is closely related to location/allocation and set covering problems. However, none of the above includes all its complexity nor involves all the decision types. Due to the presence of economies of scale, another...
Persistent link: https://www.econbiz.de/10005006741