Ruin capital is a function of premium rate set to render the probability of ruin within finite time equal to a given value. The analytical studies of this function in the classical Lundberg model of risk with exponential claim sizes done in Malinovskii (2014) have shown that the ruin capital’s...

We develop a simple agent-based financial market model in which heterogeneous speculators apply technical and fundamental analysis to trade in two different stock markets. Speculators׳ strategy/market selections are repeated at each time step and depend on predisposition effects, herding...

<Para ID="Par1">The paper presents a three step procedure to allocate flood reserve capacity of the reservoirs in a river basin to manage floods and increase hydropower generation. The first step is trying to identify the flood reserve space and reservoir storage availability during the post-flood season in dry...</para>

The current depletion of fossil fuels and environmental degradation are requiring greater energy efficiency in buildings, particularly in the residential sector. However, environmental improvement actions for dwellings are usually based on general considerations, without identifying the most...

The feasibility of integrating ethanol production into an existing sugar mill was analyzed by a stochastic spreadsheet model. As the price of corn continues to rise, ethanol producers will eventually need to look at other feedstock alternatives. Sugarcane has been proven to work well in the...

Libya experienced traumatic political and economic upheaval during 2011 arising from an eight-month-long civil war that cost thousands of lives, resulted in major economic dysfunction, destroyed part of the country's infrastructure, almost halted oil production, the country's major source of...