We describe a sparse grid collocation algorithm to compute recursive solutions of dynamic economies with a sizable number of state variables. We show how powerful this method may be in applications by computing the nonlinear recursive solution of an international real business cycle model with a...

This conceptual article seeks to integrate blockchain into current theory on the governance of inter-organizational exchanges within business networks. It is posited that a blockchain governance structure comprised of administrative, platform, and application level mechanisms represents a...

Recent Very Large Scale Events (VLSEs) such as Superstorm Sandy in 2012 and Hurricane Maria in 2017, which plunged millions of people into darkness, have led to discussions and an awareness of the importance of grid resilience. Historically such conversations have been about the reliability of...

Underwater Wireless Sensor Networks (UWSNs) enable a variety of applications such as fish farming and water quality monitoring. One of the critical tasks in such networks is localization. Location information can be used in sensor networks for several purposes such as: (i) data tagging in which...

We examine the complexity of financial returns generated by popular agent-based models through studying multifractal properties of such time series. Specifically, we are interested in the sensitivity of the models to their parameter settings and whether some patterns emerge in the connection...

The aim of this paper is to identify challenges and solutions for the energy grids and economics of the future. Smart grids are perceived as a key building block for a sustainable energy future with less emissions and better quality of service. Energy efficiency is at the heart of any strategy...

La infraestructura de interconexión y distribución de contenidos en Internet en América Latina se ha desarrollado significativamente en los últimos años. Si bien se constatan las mismas heterogeneidades que cuando analizamos cualquier indicador social o económico, en términos generales,...