Showing 1 - 10 of 143
We discuss the strategic behavior of agents on a financial market in the presence of a central bank which is borrowing and lending money.
Persistent link: https://www.econbiz.de/10009452447
There has been an increasing demand for involving stakeholders in the development of sustainable civil infrastructure systems. It has been acknowledged that one key element of a project is stakeholder involvement. As such, failure to successfully involve the stakeholders of an infrastructure...
Persistent link: https://www.econbiz.de/10009477936
Este artículo analiza el problema de un planificador benevolente que desea controlar una población de agentes heterogéneos sujetos a perturbaciones idiosincrásticas. Esto es equivalente a un problema de control determinista en el que la variable de estado pertinente es la distribución de...
Persistent link: https://www.econbiz.de/10012530491
This paper shows that generators exercised increasing market power in the England and Wales wholesale electricity market in the second half of the 1990s despite declining market concentration. It examines whether this was consistent with static, non-cooperative oligopoly models, which are widely...
Persistent link: https://www.econbiz.de/10009441995
Persistent link: https://www.econbiz.de/10009452458
Electricity markets in the United States presently employ an auction mechanism to determine the dispatch of power generation units. In this market design, generators submit bid prices to a regulation agency for review, and the regulator conducts an auction selection in such a way that satisfies...
Persistent link: https://www.econbiz.de/10009429951
In this paper, we study the local dial-up Internet access market using a game theoretic model. Inparticular, we consider the Nash equilibrium of the service providers and examine their behavioron investment and output level. We calibrate this model to fit the industry structure and datafound in...
Persistent link: https://www.econbiz.de/10009432833
required to take into account the decisions of others, the process can be modeled as a game. Game theory has been previously be … the strategy of others. In this paper, the application of game theory in the context of MC&A upgrades is discussed …. By demonstrating the application of game theory to a nontraditional environment that may require MC&A upgrades, this work …
Persistent link: https://www.econbiz.de/10009435804
This paper presents a comprehensive analysis of the impact of solid waste technical options on values and objectives that are important to the public. It is written in support of the Solid Waste and Materials Systems Alternatives Study (WHC, 1995). Described are the values that were identified,...
Persistent link: https://www.econbiz.de/10009436048
Prosperity Games TM are an outgrowth and adaptation move/countermove and seminar War Games. Prosperity Games TM are simulations that explore complex issues in a variety of areas including economics, politics, sociology, environment, education, and research. These issues can be examined from a...
Persistent link: https://www.econbiz.de/10009436398