We formally represent the effects of prior gains and losses in a simple dynamic preference calculus based on prospect theory's value function and thoughts adapted from aspiration level theories. We investigate our predictions in questionnaire experiments. Since we document a strong effect of...

This article presents an electricity dispatch model with endogenous electricity generation capacity expansion for Germany over the horizon 2035. The target is to quantify how fuel price uncertainty impacts investment incentives of thermal power plants. Results point to ndings which are in line...

EMELIE-ESY is a partial equilibrium model with focus on electricity markets. Private investors optimize their generation capacity investment and dispatch over the horizon 2010 to 2050. In the framework of the Energy Modeling Forum 28, we investigate how climate policy regimes affect market...

Die Modernisierung und der Ausbau der Stromübertragungsnetze schreitet in Deutschland langsam, aber sicher voran. Trotz des Atomausstiegs gibt es kurzfristig also keinen Grund zur Sorge wegen einer potenziellen Netzlücke. In den Jahren 2007 bis 2010 waren die wegen Netzengpässen notwendigen...

This article presents an integrated electricity dispatch and load flow model with endogenous electricity generation capacity expansion. The target is to quantify generation capacity requirements for 2030 and where within Central Europe it shall be ideally placed when taking into account the...

Schnell veränderliche (gesetzliche) Rahmenbedingungen, volatile Märkte und immer stärker ausgeprägte Cross-industrielle Netzwerke machen den Einsatz von computergestützten Simulations- und Optimierungslösungen notwendig. Oftmals stellen die beteiligten Komponentenlieferanten ihre...

This paper sketches a new version of the multiverse interpretation of quantum mechanics, the clustered-minds multiverse, that has been presented in detail elsewhere (Schade 2018, Springer, New York). It briefly shows why it grants us with free will and reflects upon the (im-)possibilty of...