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Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between individual strategic behavior and collective outcome. What has...
Persistent link: https://www.econbiz.de/10009452539
This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...
Persistent link: https://www.econbiz.de/10009452561
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
addition to its direct contribution to price stability, an increasing number of studies show that renewable energy deployment …
Persistent link: https://www.econbiz.de/10009435457
This report compiles 3-D finite element analyses performed to evaluate the stability of Strategic Petroleum Reserve … enlarged cavern diameters and smaller pillars reduce underground stability. Advances in geomechanics modeling enable the …
Persistent link: https://www.econbiz.de/10009435458
The authors conducted Product Consistency Tests (PCTs) with a surrogate low-activity waste (LAW) glass to (1) evaluate the possible use of various test conditions in a specification test for LAW waste forms, (2) measure the reproducibility of the test at low temperatures, and (3) determine if...
Persistent link: https://www.econbiz.de/10009435608
''biased'' in favor of gas-fired generation (presuming that long-term price stability is valued). In this memo we simply update … the price stability provided intrinsically by fixed-price renewable generation. Fixed-price renewables obviously need not … bear this added cost, and moreover can provide price stability for terms well in excess of six years. …
Persistent link: https://www.econbiz.de/10009435840
. Accordingly, assuming that long-term price stability is valued, the most appropriate way to compare the levelized cost of these …
Persistent link: https://www.econbiz.de/10009435946
, with costs of transaction or with unspecified combination of three. Thus, insofar as price stability to length term is …
Persistent link: https://www.econbiz.de/10009436214
price stability. The sector most vulnerable to fuel price variations is, of course, the transportation sector. The most … effective strategy to achieve energy pace stability is to reduce petroleum consumption in this sector. The natural gas vehicle …. The gas supply program is recommended as a potentially important strategy to ensure energy price stability. The importance …
Persistent link: https://www.econbiz.de/10009436259