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it is not exclusively the investor who benefits from the disclosed information. A technology may prove so efficient in a … information spill-over to other producers with an identical or at least similar technology, which again legitimises the … Energiegewinnung. Die Information, die durch die Erprobung über die wirtschaftliche Leistungsfähigkeit der Technologie generiert wird …
Persistent link: https://www.econbiz.de/10003336033
This paper investigates three models to implement Tradable Green Certificates (TGC) system with aid of game theory approach. In particular, the competition between thermal and renewable power plants is formulated in three models: namely cooperative, Nash and Stackelberg game models. The price of...
Persistent link: https://www.econbiz.de/10011562794
Right now employment of polices and tools to decrease the carbon emission through electricity generation from renewable resources is one of the most important problem in energy policy. Tradable Green Certificate (TGC) is an economics mechanism to support green power generation. Any country has...
Persistent link: https://www.econbiz.de/10012099288
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We investigate the role of information feedback in rent-seeking games with two different contest structures. In the … deterministic contest she receives a share of the rent equal to her share of rent-seeking expenditures. Information feedback has …
Persistent link: https://www.econbiz.de/10009618920
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conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team … reinforcement learning models than with belief-based models. Showing level-2 rationality (i.e., reasoning about others' beliefs) is … process level to the validity of modeling behavior using low-rationality reinforcement learning models. …
Persistent link: https://www.econbiz.de/10011734522