Market policies play a crucial role in facilitating the transition to a low-carbon society by restructuring the electricity market and influencing stakeholder behavior. Policymakers are concerned with how to implement these policies in terms of their intensity, combination, and timing. However,...

We analyze a model in which workers direct their search on and off the job and employer–worker match productivities are private information. Employers can commit neither to post contracts such that wages are a function of tenure nor to disregard counteroffers. In this context, potential...

In this study, we develop a dynamic system model that exhibits only one stable solution (sink) to analyze the impact of various factors on low-carbon transition, including policy implications, energy consumption, and energy capacity. Our aim is to provide policy recommendations based on the...