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In the study of quasi-birth-and-death (QBD) processes, the first passage probabilities from states in level one to the boundary level zero are of fundamental importance. These probabilities are organized into a matrix, usually denoted by G. The matrix G is the minimal nonnegative solution of a...
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For India to play its part in helping to realise deep cuts in global CO2 emissions by the middle of the 21st century, it will need to achieve rapid economic development over the next 40 years with only a very small increase in emissions. Currently there is no precedent for such a low-CO2...
Persistent link: https://www.econbiz.de/10008800353
The Indian power sector will face numerous challenges over the next four decades. More than one third of India's population currently do not have access to electricity. Urgent action is needed to overcome this problem of energy poverty. At the same time rapid economic growth is projected to...
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In a market, such as that for package tours, in which products are weakly differentiated and information is fuzzy, consumers may adopt search behaviour such that effectively, they play mixed strategies in the selection of the product that they choose to purchase. Tour operators' best response to...
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We consider the output processes of some elementary queueing models such as the M/M/1/K queue and the M/G/1 queue. An important performance measure for these counting processes is their variance curve v(t), which gives the variance of the number of customers in the time interval [0, t]. Recent...
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The business connections between Beijing, Hong Kong and Shanghai and other major world cities are investigated using the interlocking network model based upon the location strategies of advanced producer service firms. This approach emphasises non-hierarchical relations between cities. A key new...
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