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We study a market model in which competing firms use costly marketing devices to influence the set of alternatives which consumers perceive as relevant. Consumers in our model are boundedly rational in the sense that they have an imperfect perception of what is relevant to their decision...
Persistent link: https://www.econbiz.de/10008529268
(FiTs) for solar PV but debate has shifted from ‘if or how to implement a FiT’ to ‘how to move to a self-sustaining market … post FiT’. The aim of this paper is to explain how a sustainable FiT can be designed for residential solar PV installations … rationale for paying a FiT premium above market rates to achieve dynamic efficiency is no longer warranted. Socially, FiTs can …
Persistent link: https://www.econbiz.de/10011260134
functions. In this paper an attempt has been made to fit the Chacón-Gielis curves (modified by various functions) to simulated …
Persistent link: https://www.econbiz.de/10005621577
frequently put forward in behavioral economics to justify “psychological” models that add new parameters to fit decision outcome …
Persistent link: https://www.econbiz.de/10008756521
of the swarm is considered as a particle in a multidimensional space that has a position and a velocity. These particles … fly through hyperspace and remember the best position that they have seen. Members of a swarm communicate good positions … to each other and adjust their own position and velocity based on these good positions. The Particle Swarm method of …
Persistent link: https://www.econbiz.de/10005626839
This study investigates the transformative effect of unscheduled solar PV and wind generation on electricity demand. The motivations for the study are twofold, the poor medium term predictions of electricity demand in the Australian National Electricity Market and the continued rise in peak...
Persistent link: https://www.econbiz.de/10011257708
This non-technical summary presents the findings and recommendations from the project called ‘Analysis of institutional adaptability to redress electricity infrastructure vulnerability due to climate change’. The objectives of the project are to examine the adaptive capacity of existing...
Persistent link: https://www.econbiz.de/10011258290