The power system regulation order that the energy dispatch is centralized by a agent - ONS - that should use a stochastic dynamic optimization model that maximize the energy is accumulated in the hydro plants. This model consider only the uncertainty of water affluence. Our first issue is...

The privatization policy for power generation system in Brazil needs that investments on new plants should be profitable. This depends on regulation rules: a) the cost of energy supplied on deficit situation; b) the normative value of energy that is the maximum value of energy for long-run...

Space-varying regression models are generalizations of standard linear models where the regression coefficients are allowed to change in space. The spatial structure is specified by a multivariate extension of pairwise difference priors, thus enabling incorporation of neighboring structures and...

The objective of this study is to analyze the determinants of private investment, especially private participation in infrastructure, focusing on the institutional quality of emerging economies. The emerging economies analyzed (Argentina, Brazil, China, Chile, Colombia, India, Indonesia,...