In this paper, we examine the effects of introducing constraints on government borrowing using a continuous-time overlapping generations model of a small open economy. We consider government placing constraints on the amount of government bonds outstanding by establishing an upper limit, or...

This paper proposes a vector-controlled distributed generator (DG) model for a power flow based on a three-phase current injection method (TCIM). In order to represent the DG models in the power flow, steady-state phase current output equations are formulated. Using these equations, the TCIM...

Several countries are striving to ensure adequate long-run disposal space for low-level radioactive waste (LLRW). In the United States, the Low-Level Radioactive Waste Policy Act of 1980 and its 1985 amendments comprise a menu of incentives and penalties designed to motivate the construction of...

There are several approaches of sharing resources among users. There is a noncooperative approach wherein each user strives to maximize its own utility. The most common optimality notion is then the Nash equilibrium. Nash equilibria are generally Pareto inefficient. On the other hand, we...

The flow in turbomachinery is inherently unsteady, and the understanding of the flow interaction in the casing endwall region of shrouded turbine stages is a key requirement in achieving further improvements in performances. Thus, comparative numerical investigations of casing endwall flow...