We develop a framework for optimal taxation when agents can earn their income both in traditional activities, where private and social products coincide, and in rent-seeking activities, where private returns exceed social returns either because they involve the capture of pre-existing rents or...

Bidding is a very competitive process in the construction industry; eachcompetitor’s business is based on winning or losing these bids. Contractors would like topredict the bids that may be submitted by their competitors. This will help contractors toobtain contracts and increase their...

Hurricanes can severely damage the electric power system, and therefore, predicting the potential impact of an approaching hurricane is of importance for facilitating planning and storm-response activities. A data mining approach, classification and regression trees (CART), was employed to...

Accurate estimates of the duration of power outages caused by hurricanes prior to landfall are valuable for utility companies and government agencies that wish to plan and optimize their restoration efforts. Accurate pre-storm estimates are also important information for customers and operators...

<Para ID="Par1">The links between climate change and tropical cyclone behavior are frequently studied but still uncertain. This uncertainty makes planning for climate change a difficult task. Here we focus on one area of climate-related risk: the impact of tropical cyclones on United States power systems, and...</para>