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Taking a broad overview, this paper explores recent evidence on flood forecasting, warning communication and public warning response in Europe between 1995 and 2010. Key flood warning chain deficiencies are identified together with the effect these deficiencies have on flood warning...
Persistent link: https://www.econbiz.de/10010794388
This article surveys a range of issues relating to economic regulation. It begins by examining market and state failures which provide the basis for arguments in support of regulation. Concentrating on natural monopolies, the article outlines the main forms of economic regulation, namely...
Persistent link: https://www.econbiz.de/10005293202
Recently two anisotropic superconducting gap functions have been observed in the skutterudite PrOs<Subscript>4</Subscript>Sb<Subscript>12</Subscript>. These order parameters are spin-triplet. There are at least 2 distinct phases in a magnetic field, bearing some resemblance to superfluid <Superscript>3</Superscript>He. Here we present an analysis of the thermodynamic...</superscript></subscript></subscript>
Persistent link: https://www.econbiz.de/10009281117
Persistent link: https://www.econbiz.de/10009131926
The supply function model of the English electricity spot market is extended to include equilibrium in a contract market in the presence of entry threats, both of which have dramatic effects on the determination of equilibrium. The paper presents an analytically tractable model which can be...
Persistent link: https://www.econbiz.de/10005783857
The market power of the incumbents means that average pool prices are set by the costs of entry. Reforms which raise entry costs will be proposed and should be resisted. Reforms to capacity payments may have little effect on prices, but could affect system security. The values of Value of Lost...
Persistent link: https://www.econbiz.de/10005272566