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At the present time, solar power is not a competitive fuel for supplying electricity to the grid in the United States. However, an economic model developed by the U.S. National Renewable Energy Laboratory (NREL) forecasts that solar power production costs could drop twenty percent every time...
Persistent link: https://www.econbiz.de/10015221405
We address the optimal timing of investment in gas pipelines when the demand for gas is stochastic. We will show that this is a problem that can be solved in theory, but the practical solution depends on functions and parameters that are either subjective or cannot be estimated. We will then...
Persistent link: https://www.econbiz.de/10015241339
This paper addresses the timing of optimal investment in LPG pipelines when the goal is to maximize consumer surplus less private cost and social of transporting LPG. The loss of consumer surplus is small. The important elements are the private cost of transporting LPG and the congestion created...
Persistent link: https://www.econbiz.de/10015241340
This dissertation addresses the problem of informational and legal restrictions on employment screening processes such as educational requirements and standardized testing. For the past two decades, the legal system in the U.S. has struggled with this issue and has labeled certain information or...
Persistent link: https://www.econbiz.de/10009441877