Solar Chimney Power Plant (SCPP) is a renewable energy system that indirectly converts solar energy to electricity. However, the efficiency of SCPP is not sufficient for practical applications. Integrating SCPPs with Photovoltaic-Thermal systems (PVT) could enhance their performance to levels...

This chapter surveys work on dynamic heterogeneous agent models (HAMs) in economics and finance. Emphasis is given to simple models that, at least to some extent, are tractable by analytic methods in combination with computational tools. Most of these models are behavioral models with boundedly...

Abreu and Brunnermeier (2003) have argued that bubbles are not suppressed by arbitrageurs because they fail to synchronise on the uncertain beginning of the bubble. We propose an indirect quantitative test of this hypothesis and confront it with the alternative according to which bubbles persist...