Purpose: Political parties spend significant amounts of resources during their election campaigns, which are usually designed in a sub-optimal and informal way. This study aims to provide a mathematical framework for political parties to optimize their election campaigns, so that they can...

We consider an economy in which competitive firms use three technologies for electricity production: pollutive fossils, intermittent renewables like wind or solar, and storage. We determine optimal subsidies for renewables and storage capacities when carbon pricing is imperfect. This policy is...