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Artículo de revista ; Reference macroeconomic scenarios for the Spanish economy after Covid-19
Persistent link: https://www.econbiz.de/10012524453
"Institutional arrangements are key drivers of the use of common-pool resources (CPR). The analysis of existing arrangements requires a framework that allows research to describe a case study systematically and diagnose the institutional setting. Based on a sound understanding of current...
Persistent link: https://www.econbiz.de/10009468439
We introduce learning in a Brock-Mirman environment and study the effect of risk generated by the planner's econometric activity on optimal consumption and investment. Here, learning introduces two sources of risk about future payoffs: structural uncertainty and uncertainty from the anticipation...
Persistent link: https://www.econbiz.de/10009440907
Exact optimal paths are calculated for two closed, continuous-time economies with explicit functional forms for utility from consumption, and for production from human-made capital and a non-renewable resource. Features of the first economy are non-linear utility, hyperbolic utility discounting...
Persistent link: https://www.econbiz.de/10009451718
from a commercial organization. The results of the cases are collated and presented within a real-life context scenario …. The intent of the scenario is to showcase the potential societal implications if widespread adoption of the technology was … covered by this scenario include that of equity and ethics. For instance, will chip implant technology cause a division in …
Persistent link: https://www.econbiz.de/10009457434
electricity exchanges. In this thesis, a new model based on game theory approaches is developed for the European electricity …, uncertainties of boundary conditions which are of relevance for those decisions are modeled by means of scenario trees. Thus the … for invested capital. By using the model of the European electricity market and the market simulation tool which are both …
Persistent link: https://www.econbiz.de/10009467426
Classical auction theory relies heavily on the assumption of perfectly rational bidders that play according to their … outcome of learning in auctions. On the other hand it uses computational simulation. The simulation is first checked against …
Persistent link: https://www.econbiz.de/10009428992
provides a hybrid simulation methodology based on classical simulation paradigms combined with social network analysis for … organizational procedures either in real training systems or simulation models with validated data. As long as the organization … event simulation allows us to create entities that represent the data and resource flows within the organization. We propose …
Persistent link: https://www.econbiz.de/10009431071
In today s world, supply chains are facing market dynamics dominated by strong global competition, high labor costs, shorter product life cycles, and environmental regulations. Supply chains have evolved to keep pace with the rapid growth in these business dynamics, becoming longer and more...
Persistent link: https://www.econbiz.de/10009431072
After the accident of the STS 107 Columbia Space Shuttle, great concern has been focused on the risk associated to the population on the ground. Before this accident happened, re-entry routes as well as risk calculation of were not of public concern. Two issues that have been raised from this...
Persistent link: https://www.econbiz.de/10009431079