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Modelling Water Trade in the Southern Murray-Darling Basin

Peterson, D.; Dwyer, G.; Appels, D.; Fry, J. - EconWPA - 2005

Released in November 2004, the paper uses TERM-Water, a bottoms-up regional CGE model of the Australian economy, to examine the regional effects of expanding trade of irrigation water in the southern Murray- Darling Basin. The study finds that water trading dampens the impact of water allocation...

Persistent link: https://www.econbiz.de/10005119019

Multi-Unit Auctions to Allocate Water Scarcity Simulating Bidding Behaviour with Agent Based Models

Hailu, Atakelty; Thoyer, Sophie - EconWPA - 2005

Multi-unit auctions are promising mechanisms for the reallocation of water. The main advantage of such auctions is to avoid the lumpy bid issue. However, there is great uncertainty about the best auction formats when multi-unit auctions are used. The theory can only supply the structural...

Persistent link: https://www.econbiz.de/10005124870

Settore sommerso e politiche di emersione: un approccio stocastico

Scarlato, Margherita; Cenci, Marisa - EconWPA - 2004

The aim of this paper is to analyse the role of uncertainty in shaping the decisions of firms in the underground economy. Following the option value approach, we present a dynamic model which captures (i) the irreversibility of riallocation decisions from the underground sector to the legal...

Persistent link: https://www.econbiz.de/10005408273

Optimization Under First Order Stochastic Dominance Constraints

Dentcheva, Darinka; Ruszczynski, Andrzej - EconWPA - 2004

We consider stochastic optimization problems involving stochastic dominance constraints of first order, also called stochastic ordering constraints. They are equivalent to a continuum of probabilistic constraints or chance constraints. We develop first order necessary and sufficient conditions...

Persistent link: https://www.econbiz.de/10005556746

Time and nodal decomposition with implicit non-anticipativity constraints in dynamic portfolio optimization

Barro, Diana; Canestrelli, Elio - EconWPA - 2005

formulation of a multistage stochastic programming problem. The method allows to obtain time and nodal decomposition of the …

Persistent link: https://www.econbiz.de/10005125637

Stochastic programming in energy

Wallace, Stein W.; Fleten, Stein-Erik - EconWPA - 2002

We give the reader a tour of good energy optimization models that explicitly deal with uncertainty. The uncertainty usually stems from unpredictability of demand and/or prices of energy, or from resource availability and prices. Since most energy investments or operations involve irreversible...

Persistent link: https://www.econbiz.de/10005125661

From Decentralisation of Planning to People's Planning: Experiences of the Indian States of West Bengal and Kerala

Charvak - EconWPA - 2005

From Decentralisation of Planning to Peoples Planning - Experiences of the Indian States of Kerala and West Bengal by … Charvak, 2000: The Discussion Paper attempts a comparison of the process of decentralisation of planning in the two States …) as well as the KSSP experiment (from Science Popularisation to Local Level Planning) is also given. The study concludes …

Persistent link: https://www.econbiz.de/10005555989

Simulation des Einflusses der Planung auf die sowjetische Wirtschaft

Kyn, Oldrich; Schrettl, Wolfram; Vincentz, Volkhart - EconWPA - 2005

the core of the model is the adaptive planning equation. Other equations are presented and discussed as well. The model is …

Persistent link: https://www.econbiz.de/10005556272

On the Effectiveness of Marketing Planning

Armstrong, JS - EconWPA - 2005

Managers are often told that formal planning helps. It is useful to examine whether this is good advice. Thus, I … applaud this effort to study marketing planning in New Zealand. Nevertheless, I find it difficult to accept the conclusions … drawn by the authors of “Marketing Planning in New Zealand” (MPNZ). I am concerned with the definition of marketing planning …

Persistent link: https://www.econbiz.de/10005556568

First Home Ownership

Commission, Productivity - EconWPA - 2004

The terms of reference for the inquiry on First Home Ownership asked the Commission to evaluate the affordability and availability of housing for first home buyers. The Commission’s preliminary findings were released for public comment in December. In its final assessment, the Commission...

Persistent link: https://www.econbiz.de/10005118887