Cascading use is the efficient utilisation of resources by using residues and recycled materials for material use to extend total biomass availability within a given system. Cascading at the market level (sectors and products) can be quantified through wood flow analysis. The cascading use of...

This project was commissioned to examine the resource efficiency implications of increased EU use of bioenergy for electricity and heat until 2050. Methods of analysis include an extensive literature and statistical review, detailed GLOBIOM modelling of cross-sectorial wood biomass production...

Proprietary retailer-sponsored web panels are growing in popularity. We examine specific ways in which retailers may benefit from the creation of web panels and participation of customers in them. A quasi-experiment conducted in the field with a large online retailer using eighteen months of...

This paper considers the role of capacity as a strategic entry deterrent for a game in which the incumbent and entrant sequentially precommit to capacity levels before competing in price, possibly using mixed strategies. Depending on the magnitudes of the fixed set-up cost, the cost of capacity,...

This paper studies the outcome of fully insured random selections among multiple competitive equilibria. This defines an iterative procedure of reallocation which is Pareto improving at each step. The process converges to a unique Pareto optimal allocation in finitely many steps. The key...

This paper examines t,he core of a pure exchange economy with asymmetric information in which staLe-dependent, allocations are required to satisfy incentive compatibility. This restriction on players' strategies in the cooperative game can be interpreted as incomplete contracts or partial...

This paper analyses the impact of multiple competitive equilibria and complete markets in a simple general equilibrium model. A random selection from the equilibrium correspondence of a finite exchange economy defines probability distributions on equilibrium prices. Asset markets allow traders...

This paper proposes an abstract model of commodity differentiation that incorporates manufacturing imprecision and dimensioning and tolerancing standards. The potential consistency of such model based on engineering consideration is analyzed. For a large pure exchange economy, competitive...

This paper surveys implementation theory when players have incomplete or asymmetric information, especially in economic environments. After the basic problem is introduced, the theory of implementation is summarized. Some coalitional considerations for implementation problems are discussed. For...