Global shocks potentially distort economy's achieved equilibria. Considering the 2020 global crude oil price shock and the 2019 coronavirus disease pandemic, this study proposes an energy and environment integrated general equilibrium model to analyze the economic, energy, and environmental...

Tariff reforms in electricity markets is becoming an area of active evaluation as efforts intensify to decarbonize electricity generation, stabilize the power grid, and maximize the welfare of electricity producers and consumers. Peaks in load profiles occur when demand is not regulated,...

Sweden is a model of social democracy in which the Social Democratic Party has long been in power, and in which distribution under the conditions of monopoly capitalism has been the object of one-sided praise. Wealth and income inequality in Sweden was in the past relatively low, but in recent...

This paper examines the role of international trade for economic prosperity in Pacific island countries (PICs), discusses their comparative advantage, and explores the potential for trade, and tourism in particular, to serve as a locomotive for inclusive economic growth. We find the trade...

Agri-food supply chains (AFSCs) are essential for addressing global food security and promoting the United Nation's Sustainable Development Goal of reducing hunger. These chains stand out because they deal with perishable goods that have limited shelf life and are subjected to erratic...

The problem of designing a rebalancing algorithm for a large-scale ridehailing system with asymmetric (unbalanced) demand is considered here. We pose the rebalancing problem within a semi Markov decision problem (SMDP) framework with closed queues of vehicles serving stationary, but asymmetric...