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The paper presents a multiple criteria model for the evaluation of the sustainability of projects for the economic re-use of historical buildings in Venice. The model utilises the relevant parameters for the appraisal of sustainability, aggregated into three macro-indicators: intrinsic...
Persistent link: https://www.econbiz.de/10008799172
The global energy crisis that began in fall 2021 and the following spike in energy price constitute a major challenge for the world economy which risks undermining the post-COVID-19 recovery. In this paper, we develop and validate a new macroeconomic agent-based model with an endogenous energy...
Persistent link: https://www.econbiz.de/10012990154
This paper extends Carroll's (2006) endogenous grid method and its combination with value function iteration by Barillas and Fernández-Villaverde (2007) to non-concave problems. The method is illustrated using a consumer problem in which consumers choose both durable and non-durable...
Persistent link: https://www.econbiz.de/10008990062
This paper applies real options theory to establish an overseas oil investment evaluation model that is based on Monte …
Persistent link: https://www.econbiz.de/10009379748
The present paper investigates the functioning of an Emission Trading System (ETS) and its impact on the diffusion of environmental-friendly technological innovation in the presence of firms' strategic behaviours and sanctions to non-compliant firms. For this purpose, we study an evolutionary...
Persistent link: https://www.econbiz.de/10009634267
theory under uncertainty, we show that abatement is decreasing in the probability of success of SRM, but that this relation …
Persistent link: https://www.econbiz.de/10009737193
This paper describes the WITCH - World Induced Technical Change Hybrid - model in its structure, calibration, and the implementation of the SSP/RCP scenario implementation. The WITCH model is a regionally disaggregated hard-linked model based on a Ramsey type optimal growth model and a detailed...
Persistent link: https://www.econbiz.de/10011487772