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Davis, Steven J. - 2006

According to our analysis, pre-invasion views about the likely course of the Iraq intervention imply present value costs for the United States in the range of $100 to $870 billion. Our estimated present value cost for the containment policy is nearly $300 billion and ranges upward to $700...

Persistent link: https://www.econbiz.de/10012466576

Organizational Capacity and Profit Shifting

Bilicka, Katarzyna A.; Scur, Daniela - National Bureau of Economic Research - 2021

This paper analyses the effect of a firm's organizational capacity on the reported profitability of multinational enterprises (MNEs). Better organizational practices improve productivity and the potential taxable profits of firms. However, higher adoption of these practices may also enable more...

Persistent link: https://www.econbiz.de/10012629445

Expandability, Reversibility, and Optimal Capacity Choice

Dixit, Avinash K. - 1998

We develop continuous-time models of capacity choice when demand fluctuates stochastically, and the firm's opportunities to expand or contract are limited. Specifically consider costs of investing or disinvesting that vary with time, or with the amount of capacity already installed. The firm's...

Persistent link: https://www.econbiz.de/10012472445

The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry

Borenstein, Severin - 1997

In an unregulated electricity generation market, the degree to which generators in" different locations compete with one another depends on the capacity to transmit electricity" between the locations. We study the impact of transmission capacity on competition among" generators. We show that...

Persistent link: https://www.econbiz.de/10012472520

Notes on the Economics of Energy Storage

Heal, Geoffrey - 2016

The increasing importance of intermittent renewable energy sources suggests a growing importance for energy storage as a way of smoothing the variable output. In this paper I investigate factors affecting the amount of energy storage needed, including the degree of intermittency and the...

Persistent link: https://www.econbiz.de/10012455928

An Adaptive Nonlinear Least Square Algorithm

Dennis, John E. - 1977

NL2SOL is a modular program for solving the nonlinear least-squares problem that incorporates a number of novel features. It maintains a secant approximation S to the second-order part of the least-squares Hessian and adaptively decides when to use this approximation. We have found it very...

Persistent link: https://www.econbiz.de/10012478936

A Conic Algorithm for the Group Minimization Problem

Simeone, Bruno - 1976

A new algorithm for the group minimization problem (GP) is proposed. The algorithm can be broadly described as follows …-known algorithm of Glover, and checked for non-negativity. The first non-negative point is an optimal solution of (GP). Advantages and … disadvantages of the algorithm are discussed; in particular, the implementation of the algorithm (which can be easily extended so as …

Persistent link: https://www.econbiz.de/10012478970

Robust Non-Linear Regression Using The Dogleg Algorithm

Welsch, Roy E. - 1975

number of possible approaches to these problems and develops a particular algorithm based on the work of Powell and Dennis …

Persistent link: https://www.econbiz.de/10012479050

Discrimination In The Age Of Algorithms

Kleinberg, Jon - 2019

The law forbids discrimination. But the ambiguity of human decision-making often makes it extraordinarily hard for the legal system to know whether anyone has actually discriminated. To understand how algorithms affect discrimination, we must therefore also understand how they affect the problem...

Persistent link: https://www.econbiz.de/10012479502

An Economic Approach to Regulating Algorithms

Rambachan, Ashesh - 2020

objective function for the algorithm designer and a model of their information sets and interaction. We build such a model that … allows the training data to exhibit a wide range of "biases." Prevailing wisdom is that biased data change how the algorithm … is trained and whether an algorithm should be used at all. In contrast, we find two striking irrelevance results. First …

Persistent link: https://www.econbiz.de/10012481694