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Optimal growth and uncertainty: learning
Koulovatianos, Christos; Mirman, Leonard J.; Santugini, Marc - 2009
We introduce learning in a Brock-Mirman environment and study the effect of risk generated by the planner's econometric activity on optimal consumption and investment. Here, learning introduces two sources of risk about future payoffs: structural uncertainty and uncertainty from the anticipation...
Persistent link: https://www.econbiz.de/10009440907
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Exact Measures of Income in Two Capital-Resource-Time Economies
Pezzey, John C.V - 2001
Exact optimal paths are calculated for two closed, continuous-time economies with explicit functional forms for utility from consumption, and for production from human-made capital and a non-renewable resource. Features of the first economy are non-linear utility, hyperbolic utility discounting...
Persistent link: https://www.econbiz.de/10009451718
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E Tax: The Flat Tax as an Electronic Credit VAT
Goldberg, Daniel S. - 2005
The article builds on the Hall-Rabushka Flat Tax and proposes a consumption tax called the “E Tax,” which is an electronically collected credit invoice VAT. The Hall-Rabushka Flat Tax is a two-tier consumption tax that is based on a subtraction method VAT. The Hall-Rabushka nuance, however,...
Persistent link: https://www.econbiz.de/10009432057
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Lohnsteuer : Steuerabzug vom Arbeitslohn
Ott, Wolfgang - 1992
Die Arbeit stellt das Wesen und die Grundzüge der Lohnsteuer, einschließlich einem kurzen Abriß der Entwicklung des Lohnsteuerverfahrens, dar. Sie ist weder als Anleitung zur Ausfüllung eines Antrags auf Lohnsteuerjahresausgleich, noch als Nachschlagwerk gedacht.Der Leser dieser Ausarbeitung...
Persistent link: https://www.econbiz.de/10009460981
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Tariff-based analysis of commercial building electricityprices
Coughlin, Katie M.; Bolduc, Chris A.; Rosenquist, Greg J.; … - 2008
This paper presents the results of a survey and analysis ofelectricity tariffs and marginal electricity prices for … commercialbuildings. The tariff data come from a survey of 90 utilities and 250tariffs for non-residential customers collected in 2004 as …
Persistent link: https://www.econbiz.de/10009435538
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Participation of the Nuclear Power Plants in the New Brazilian Electric Energy Market
Mathias, S.G. - 2008
March 15,2004. The main overall goals of this new regulation are: to allow the lowest possible tariffs for end users, while …
Persistent link: https://www.econbiz.de/10009435556
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Real Time Pricing as a Default or Optional Service for C&ICustomers: A Comparative Analysis of Eight Case Studies
Barbose, Galen; Goldman, Charles; Bharvirkar, Ranjit; … - 2008
utility commissions (PUC) and utilities have considered implementing dynamic pricing tariffs, such as real-time pricing (RTP … is appropriate for utilities to offer a range of dynamic pricing tariffs and DR programs, or just ''plain vanilla … tariffs, three basic implementation issues require attention. First, should it be a default or optional tariff, and for which …
Persistent link: https://www.econbiz.de/10009435658
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Customer Strategies for Responding to Day-Ahead Market HourlyElectricity Pricing
Goldman, Chuck; Hopper, Nicole; Bharvirkar, Ranjit; … - 2008
Real-time pricing (RTP) has been advocated as an economically efficient means to send price signals to customers to promote demand response (DR) (Borenstein 2002, Borenstein 2005, Ruff 2002). However, limited information exists that can be used to judge how effectively RTP actually induces DR,...
Persistent link: https://www.econbiz.de/10009435765
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A Survey of Utility Experience with Real Time Pricing
Barbose, Galen; Goldman, Charles; Neenan, Bernie - 2008
While more than 70 utilities in the U.S. have offered voluntary RTP tariffs on either a pilot or permanent basis, most … stimulate price responsive demand, we conducted a survey of 43 voluntary RTP tariffs offered in 2003. The survey involved …
Persistent link: https://www.econbiz.de/10009435945
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Participation through Automation: Fully Automated Critical PeakPricing in Commercial Buildings
Piette, Mary Ann; Watson, David S.; Motegi, Naoya; … - 2009
California electric utilities have been exploring the use of dynamic critical peak prices (CPP) and other demand response programs to help reduce peaks in customer electric loads. CPP is a tariff design to promote demand response. Levels of automation in DR can be defined as follows: Manual...
Persistent link: https://www.econbiz.de/10009436026