This article evaluates the recent protectionist US trade policy and the retaliation of the EU and China. The article employs a New Quantitative Trade Theory model and an Armington model for comparison. The simulation results show that US car tariffs are a credible threat to the EU, but the steel...

This article evaluates the recent protectionist US trade policy and the retaliation of the EU and China. The article employs a New Quantitative Trade Theory model and an Armington model for comparison. The simulation results show that US car tariffs are a credible threat to the EU, but the steel...

This is a study to develop and solve numerical models based on Itoh’s (2003, Ch. 1) “Parts Supply Problems” for better understanding the contract theory. In the first part of this paper, by following Itoh (2003) we investigate 2- and 3-agent type cases; in the succeeding part, by using...

Stimulated emission in the Nd:YAG laser with a saturable absorber Cr:YAG is modelled as a superposition of interacting optical modes which are stable in a given optical cavity. The interaction of the active laser crystal and a passive Q-switch with diode pump and optical cavity modes is modelled...

The design of wave energy mooring systems is challenging: overdesign incurs a significant cost penalty, underdesign may lead to a premature failure and incorrect design could reduce the power production. Consequently, compliant mooring systems are being developed for wave energy applications.

Heat extraction mode, e.g. well layout or arrangement of wells, of enhanced or engineered geothermal system (EGS) is crucial to its performance and directly affects its commercial viability. Assuming the subsurface target hot dry rock (HDR) has been well-fractured and the created heat reservoir...