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In section 1 of this contribution, we will recall the usual arguments which are put forward to analyze the New Economy (NE) as the empirical realization of the Competitive Economic Equilibrium (CEE) model. After having stressed the limits of these arguments, we will try to show that some...
Persistent link: https://www.econbiz.de/10008790659
This book surveys how economists engage with knowledge and beliefs in various fields of economic analysis, such as general equilibrium theory, decision theory, game theory, experimental economics, evolutionary theory of the firm, financial markets and the history of economic thought.The...
Persistent link: https://www.econbiz.de/10008791568
World reserves of natural gas are abundant and expected to increase up to 2050. World gas production is projected to … more than double between 2000 and 2050. However, regional disparities in gas reserves and production costs are expected to … modify the regional gas supply pattern in 2050: about half of the total gas production will originate from the CIS and the …
Persistent link: https://www.econbiz.de/10008791176
This paper aims to investigate the transition to a new energy system based on hydrogen in the European liberalized framework. After analyzing the literature on the hydrogen infrastructure needs in Europe, we estimate the size and scope of the transition challenge.We take the theoretical...
Persistent link: https://www.econbiz.de/10008792179
Russia and its main gas company Gazprom, essential suppliers for the European gas market, are today at the centre of the debate surrounding the security of the European Union's gas supply. A variety of factors have focussed interest on the question of Gazprom's industrial strategies and more...
Persistent link: https://www.econbiz.de/10008792407
In this article we present a continuous time model for natural gas and crude oil future prices. Its main feature is the possibility to link both energies in the long term and in the short term. For each energy, the future returns are represented as the sum of volatility functions driven by...
Persistent link: https://www.econbiz.de/10008793749
Despite the inextricable link between oil scarcity and climate change, the interplay between these two issues is paradoxically an underworked area. This article uses a global energy-economy model to address the link between future oil supply and climate change and assesses in a common framework...
Persistent link: https://www.econbiz.de/10009647577
was 289 days. The average total cost of treatment reached €35,160. Survival was significantly shorter for patients with … associated with the total cost of treatment per day of hospitalisation, the number of chemotherapy drugs administered, nor …
Persistent link: https://www.econbiz.de/10008789182