In this paper, a novel purposely designed dynamic simulation model for the performance analysis of solar heating and cooling systems is presented. The investigated system layouts are based on single stage LiBr–H2O absorption chillers and on both evacuated tube and concentrating photovoltaic...

This paper identifies the core macroeconomic factors responsible for explaining the changing levels in international remittances received by SSA countries. A set of annual panel data on 36 SSA countries, covering 1980-2009, was used in a ‘system’ Generalised Method of Moments following...

The paper proposes a first-order macroscopic stochastic dynamic traffic model, namely the stochastic cell transmission model (SCTM), to model traffic flow density on freeway segments with stochastic demand and supply. The SCTM consists of five operational modes corresponding to different...

The goal of this paper is to show how the system dynamics simulation can be applied to incorporate in the evaluation process of various investment projects the interactions between market demand and financial health of the firm. Through simulation, a more accurate representation of the...

Realistically, organizational and/or system performance is dynamic and non-linear. However, in the efficiency literature, system performance is frequently evaluated considering linear combinations of the input/output variables and without explicitly taking into account the causes of efficiency...