Showing 1 - 10 of 22
This paper presents a neural network based methodology for examining the learning of game-playing rules in never-before seen games. A network is trained to pick Nash equilibria in a set of games and then released to play a larger set of new games. While faultlessly selecting Nash equilibria in...
Persistent link: https://www.econbiz.de/10005489367
This paper considers the use of neural networks to model bounded rational behaviour. The underlying theory and use of neural networks is now a component of various forms of scientific enquiry, be it modelling artificial intelligence, developing better pattern recognition or solving complex...
Persistent link: https://www.econbiz.de/10005783777
As developing countries seek to improve their economic prospects, electricity reform has been widely viewed as a … system, whilst having been given considerable flexibility in how they implement reform, thus allowing a comparative analysis … electricity reform in India, giving special regard to its political economy and regional diversity. It assesses how electricity …
Persistent link: https://www.econbiz.de/10008545807
In China, many ongoing problems in the electricity sector can be traced back to the old ‘centrally planned’ economy. Since the start of liberalization in the 1980s, the clash between a liberalized economy (excluding a few so-called strategic industries) and a centrally controlled electricity...
Persistent link: https://www.econbiz.de/10005647478
reforms have generally been based on private participation, regulatory reform, and competition in the sector. This paper … reviews and draws lessons from the reform experience in developing countries. Developing countries have had to reform … regulatory reform are equally important to the success of reforms. Also, the sector’s systemic characteristics and the country …
Persistent link: https://www.econbiz.de/10005272588
reform in developing countries. Important sectoral, economic, and social dimensions are involved in electricity reform, but … empirical analysis and evaluation have been of limited use for testing the economic rationale of reform and policy advice. This … indicators as a first step towards filling this gap and developing a coherent framework for studying electricity reform in …
Persistent link: https://www.econbiz.de/10005113784
and adequate guarantees to sustain investment and operations and only then will privatisation improve performance and …
Persistent link: https://www.econbiz.de/10005113808
This paper reviews the empirical evidence on electricity reform in developing countries. We find that country … institutions and sector governance play an important role in success and failure of reform; reforms appear to have increased …
Persistent link: https://www.econbiz.de/10005113874
where coal taxation reform takes place against the background of privatisation of coal firms and an open economy. It finds … economic growth has been powered by coal-fired electricity and promoted by the export of manufactured goods. A recent reform … to commit opportunistic behaviour in the process of privatisation. The paper also cautions about potential resistance to …
Persistent link: https://www.econbiz.de/10011253067
How are state-owned entreprises to be reformed? Privatisation seems to be the obvious solution. This essay argues that … entreprises reform in the transition should focus on enhancing managerial. …
Persistent link: https://www.econbiz.de/10005489296