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Un Modelo Principal-Agente Dinámico de Reducción de Perdidas de Energía Electrica en Tiempo Continuo

Zambrano, Juan Carlos; Astaiza-Gómez, José Gabriel; … - 2021

In this article we analyze the remuneration mechanism for the reduction of energy losses, through a dynamic principal-agent model in continuous time. The agent represents the power distribution company, which makes investments, or in other words, makes an effort to reduce energy losses. The...

Persistent link: https://www.econbiz.de/10015256866

Un Modelo Principal-Agente Dinámico de Reducción de Perdidas de Energía Electrica en Tiempo Continuo

Zambrano, Juan Carlos; Astaiza-Gómez, José Gabriel; … - 2021

Persistent link: https://www.econbiz.de/10015259034

Fixing Europe's youth unemployment and skills mismatch, can public financial support to SMEs be effective? The case of the European Commission and European Investment Bank joint initiatives.

Floreani, Vincent Arthur - 2014

“We risk having a generation that hasn’t held a job. Personal dignity comes from working [.] Young people are in a crisis". Pope Francis - July the 22nd, 2013. Youth unemployment is a critical issue across the European Union with 5.5 million people unemployed among the 18-24 years age group...

Persistent link: https://www.econbiz.de/10015242402

Heat savings and heat generation technologies: Modelling of residential investment behaviour with local externalities

zvingilaite, Erika; Klinge Jacobsen, Henrik - 2012

The trade off between investing in energy savings in single family houses and investing in more expensive heating technologies with low variable costs has been modelled for a number of building and consumer categories in Denmark. The households have an option to combine their primary heating...

Persistent link: https://www.econbiz.de/10015233983

Environmental policy in dynamic models: The impact of the elasticity of substitution if consumers pollute

Barthel, Jens - 2005

This paper discusses first results of a comparative study of different environmental policy instruments. In a model with pollution as a side effect of consumption different environmental policies are studied. In simulations we observe the dynamic behavior of models with utility functions of the...

Persistent link: https://www.econbiz.de/10015258071

Environmental policy in dynamic models with pollution by consumers: The impact of exogenous shocks and dozy politicians

Barthel, Jens - 2007

The paper discusses questions resulting from a study of the interaction of exogenous shocks and environmental policy. In a model with pollution as a side effect of consumption environmental policy is introduced in the form of a consumption tax with or without a subsidy on eco-friendly...

Persistent link: https://www.econbiz.de/10015258077

Environmental policy in dynamic models with pollution by consumers: The greening and blackening of preferences

Barthel, Jens - 2007

The paper discusses questions resulting from a study of the interaction of a change of preferences and environmental policy. In a model with pollution as a side effect of consumption environmental policy is introduced in the form of a consumption tax with or without a subsidy on eco-friendly...

Persistent link: https://www.econbiz.de/10015258081

Environmental regulation and economic cycles

Halkos, George; Papageorgiou, George; Halkos, Emmanuel; … - 2018

This paper considers economic cycles that do not depend on the exogenous economic actions. More precisely, the paper develops a positive model of government behavior in order to define the intertemporal fiscal policies that are optimal for a country, determining the optimal level of the budget...

Persistent link: https://www.econbiz.de/10015262484

Pattern Formation, Spatial Externalities and Regulation in Coupled Economic-Ecological Systems

Brock, William; Xepapadeas, Anastasios - 2008

We develop a novel theoretical framework for studying ecosystems in which interacting state variables which are affected by management decisions diffuse in space. We identify (i) mechanisms creating spatial patterns when economic agents maximize profit at each site by ignoring the impact of...

Persistent link: https://www.econbiz.de/10015262576

The effect of learning on climate policy under fat-tailed uncertainty

Hwang, In Chang; Reynes, Frederic; Tol, Richard - 2014

We construct an endogenous (Bayesian) learning model with fat-tailed uncertainty on the equilibrium climate sensitivity …. We find that the uncertainty is partially resolved over time, although the rate of learning is relatively slow, and the … decision maker with a possibility of learning lowers the efforts to reduce carbon emissions relative to the no-learning case …

Persistent link: https://www.econbiz.de/10015241089