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Of all modes of transport, transport by road is the most dangerous and the most costly in terms of human lives, according to Road Safety Action Program (2003-2010). In Europe, the 2010 road safety target of halving the number of road fatalities by 2010 see ...
Operation of a tokamak device requires the coordinated operation of a multitude of systems. The sequence of operations during a discharge is both too complex and fast for human interaction. A common way of operation is a predefined sequence of operations w ...
Stochastic programming and distributionally robust optimization seek deterministic decisions that optimize a risk measure, possibly in view of the most adverse distribution in an ambiguity set. We investigate under which circumstances such deterministic de ...
Electronic intermediaries have become pervasive in sales transactions for many durables, such as cars, power tools, and apartments. Yet only recently have they successfully tackled the challenge of enabling parties to share such goods. A key impediment to ...
This thesis develops equilibrium models, and studies the effects of market frictions on risk-sharing, derivatives pricing, and trading patterns.In the chapter titled "Imbalance-Based Option Pricing", I develop an equilibrium model of fragmented options m ...
In this paper, a blackout risk assessment method is proposed considering the effects of cascading outages, the active power and frequency response of the system. Here, the Monte Carlo Simulation (MCS) is used to analyze the risk of blackouts by generating ...
