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We study the stability of social and economic networks when players are farsighted. In particular, we examine whether the networks formed by farsighted players are different from those formed by myopic players. We adopt Herings, Mauleon and Vannetelbosch’s (Games and Economic Behavior,...
Persistent link: https://www.econbiz.de/10014205799
The problems about diversity concern various themes. We will show that the economic theory can contribute by itself to the debate in progress. It could seem paradoxical, but what is called the "dismal science" can serve to attenuate some pessimistic attitudes, putting in prominence a perspective...
Persistent link: https://www.econbiz.de/10014058744
discoveries in East Africa emerge to reshape the continent's energy landscape. This region is rapidly establishing itself as a …
Persistent link: https://www.econbiz.de/10013083424
carbon capture and storage, as a way of reaching the 550 ppm stabilization target. The impact of a uniform CO2 tax on energy …
Persistent link: https://www.econbiz.de/10013089314
over the period 1978-2006. We investigate how energy prices, market size and knowledge stocks affect firms' incentives to …). Overall, we find that all three factors – energy prices, market sizes and past knowledge stocks - matter to redirect …
Persistent link: https://www.econbiz.de/10013064132
Energy poverty is widely recognized as a major obstacle to economic and social development and poverty alleviation. To … help inform the design of appropriate and effective policies to reduce energy poverty, we present a brief analysis of the … considerably short (at least five times) of what will be required to provide a basic level of access to clean, modern energy …
Persistent link: https://www.econbiz.de/10013067790
White certificates schemes mandate competing energy companies to promote energy efficiency with flexibility mechanisms …, including the trading of energy savings. So far, stylized facts are lacking and outcomes are mainly country‐specific. By …. We show that (i) white certificates schemes are depicted in theoretical works as mandatory subsidies on energy efficiency …
Persistent link: https://www.econbiz.de/10013069025
This study investigates the price volatility of metals, using the GARCH and GJR models. First we examine the persistence of volatility and the leverage effect across metal markets taking into account the presence of outliers, and second we estimate the effects of oil price shocks on the price...
Persistent link: https://www.econbiz.de/10013015934
The penetration of Variable Renewable Energies (VREs) in the electricity mix poses serious challenges in terms of management of the electrical grids, as the associated variability and non-dispatchability are in contrast with the requirement that the load be instantaneously equalized by the...
Persistent link: https://www.econbiz.de/10013001025
household residential energy usage at the national level, containing the broadest geographical coverage, and with the longest … find strong household response to energy prices, both in the short and long term. From the static models, we get estimates … small. These results are in sharp contrast to much of the literature on residential energy consumption in the United States …
Persistent link: https://www.econbiz.de/10013038295