In the first part of this two-part paper, I presented an "irenic" reconciliation of the three apparently contradictory definitions of "institution" within original institutional economics (OIE), employing the methodology of critical institutionalism. The critical institutionalist reconciliation...

In future electricity systems with a high share of intermittent renewable power generation, battery technologies have the potential to support power quality and security. The growing scientific literature on batteries reflects the high attention that currently rests on these technologies. This...

The growing amount of mobile data traffic increases the demand for local area network deployments, and therefore is likely to have an effect on the mobile communications ecosystem. Several alternative value network configurations exist giving new business opportunities to different actors, but...

This study develops a bio-economic model framework to optimize the management of aquatic invasive species. Stochastic dynamic programming is applied to investigate when and to what extent a society should engage in efforts to reduce the likelihood of an invasion, to control and eradicate a newly...

In this paper, we examine the relationship between CO2 and SO2 (including carbonaceous aerosols) mitigations in a framework of correlated global and local externalities. The framework is set up in a revised RICE model [Nordhaus, WD and Z Yang (1996). A regional dynamic general-equilibrium model...

In this paper we model the economic feasibility of compressed air energy storage (CAES) to improve wind power integration by means of a profit-maximizing algorithm. The Base Case is a wind park with 100MW of installed capacity and no storage facility. In Variant 1 we add a central CAES system...

The rapid expansion of biofuel production has generated considerable interest within the body of empirical economic literature that has sought to understand the impact of biofuel growth on the global food economy. While the consensus within the literature is that biofuel emergence is likely to...

The wet winters and summer droughts of dry Mediterranean-type climates create a highly seasonal supply of feed for livestock. Much of the forage value of winter-active annual pastures and crop residues is realized as dry feed during summer–autumn. Sporadic summer–autumn rainfall rapidly...

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national...

The conversion of natural areas to human-dominated land uses results in loss, degradation, and fragmentation of wildlife habitat which often lead to species endangerment and local extinction. The risk of endangerment may be particularly acute for species that exist as metapopulations in which...