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A paper by Kuhlmann, in List Forum, Band 30, 2004, Heft 1, pp 49-68 is commented. Some most obvious errors are corrected. Three different problems of the electricity industry are identified. These are the management of transmission and distribution networks, the incentives to build sufficient...
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If one looks at environmental quality N as a renewable natural resource (with its own natural dynamics) which is changed by emissions Z, then one gets a better understanding of the shape of the damage function. In the case of a logistic growth dynamics one obtains a well-shaped transformation...
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