Showing 1 - 10 of 94
and showed that these time series clearly exhibit high-order stochasticity. In addition, the stochastic structure of …
Persistent link: https://www.econbiz.de/10010589140
The purpose of the paper is to review the applications of non-cooperative bargaining theory to water related issues - which fall in the category of formal models of negotiation. The ultimate aim is that to, on the one hand, identify the conditions under which agreements are likely to emerge, and...
Persistent link: https://www.econbiz.de/10010312288
In northern Europe wind energy has become a dominating renewable energy source due to natural conditions and national support schemes. However, the uncertainty about wind generation affects existing network infrastructure and power production planning of generators and cannot not be fully...
Persistent link: https://www.econbiz.de/10010312837
Recent supply security concerns in Europe have revived interest into the natural gas market. Here, we investigate investment behavior and trade in an imperfect market structure under uncertainty in both supply and demand. We focus on three uncertain events: i) transit of Russian gas via Ukraine...
Persistent link: https://www.econbiz.de/10011310225
Recently, a computationally-efficient method was presented for calibrating a wide-class of Markov processes from discrete-sampled abundance data. The method was illustrated with respect to one-dimensional processes and required the assumption of stationarity. Here we demonstrate that the...
Persistent link: https://www.econbiz.de/10009448153
related to the inherent stochasticity of typical UG experiments, highlighting a possible cause of such deviations that seems a …
Persistent link: https://www.econbiz.de/10012670889
We show that a steeply increasing workload before a deadline is compatible with time-consistent preferences. The key departure from the literature is that we consider a stochastic environment where success of effort is not guaranteed.
Persistent link: https://www.econbiz.de/10010286703
In commercial fisheries, stock collapse is an intrinsic problem caused by overexploitation or due to pure stochasticity … exploitation policy as a feedback control rule and analyze the effects of stochasticity. We observe that the stochastic solution is … more conservative compared to the deterministic solution at low level of stochasticity. For moderate level of stochasticity …
Persistent link: https://www.econbiz.de/10011098219
Рассмотрены системы со случайной скачкообразной структурой, представляющие собой особый класс стохастических динамических систем. Показано, что теория таких...
Persistent link: https://www.econbiz.de/10011237984
of using this method instead of another that does not consider stochasticity, all for different levels of uncertainty …
Persistent link: https://www.econbiz.de/10010805983