Concept

Monetary policy

Related publications (148)

Energy-Efficient Transmission Scheduling With Strict Underflow Constraints

This paper considers a single source transmitting data to one or more receivers/users over a shared wireless channel. Due to random fading, the wireless channel conditions vary with time and from user to user. Each user has a buffer to store received packe ...

2011

Satisfiability of Elastic Demand in the Smart Grid

Jean-Yves Le Boudec, Dan-Cristian Tomozei

We study a stochastic model of electricity production and consumption where appliances are adaptive and adjust their consumption to the available production, by delaying their demand and possibly using batteries. The model incorporates production volatilit ...

2011

A stochastic reach-avoid problem with random obstacles

Maryam Kamgarpour, John Lygeros

We present a dynamic programming based solution to a stochastic reachability problem for a controlled discrete-time stochastic hybrid system. A sum-multiplicative cost function is introduced along with a corresponding dynamic recursion which quantifies the ...

ACM Press2011

Smart specialisation From academic idea to political instrument, the surprising career of a concept and the difficulties involved in its implementation

Dominique Foray

Smart specialisation is a policy concept that has enjoyed a short but very exciting life! Elaborated by a group of academic “experts” in 2008, it very quickly made a significant impact on the policy audience, particularly in Europe. Such a success story in ...

EPFL2011

Expectations-Driven Cycles in the Housing Market

Luisa Lambertini

This paper analyzes housing market boom-bust cycles driven by changes in households' expectations. We explore the role of expectations on productivity and other shocks originating from the housing market, the credit market and the conduct of monetary polic ...

Center for Fiscal Policy Working Paper Series2010

Markov decision processes for services opportunity pipeline optimization

Aurélie Glerum

The dynamics of sales opportunities can be modelled by a Markov Decision Process. The latter can be solved by using dynamic programming and assigns to each state an optimal action. In this project, states are modelled by the number of opportunities at five ...

2010

Waste management policies for industrial symbiosis development: case studies in European countries

Guillaume Bastien Massard, Abhishek Agarwal

Industrial symbiosis (IS) emerged as a self-organizing business strategy among firms that are willing to cooperate to improve their economic and environmental performance. The adoption of such cooperative strategies relates to increasing costs of waste man ...

Elsevier2010

Satisfiability of Elastic Demand in the Smart Grid

Jean-Yves Le Boudec, Dan-Cristian Tomozei

2010

Policy Adaptation through Tactile Correction

Aude Billard, Eric Sauser, Brenna Dee Argall

Demonstration learning is a powerful and practical technique to develop robot behaviors. Even so, development remains a challenge and possible demonstration limitations, for example correspondence issues between the robot and demonstrator, can degrade poli ...

2010

A Global Carbon Tax to Compensate Damage and Adaptation Costs

Philippe Thalmann, Marc Vielle, Juan Carlos Altamirano Cabrera

We analyze the implications of a global carbon tax on CO2 to finance the damage and adaptation costs of developing countries (DCs) using the computable general equilibrium model GEMINI-E3. We considered two options, first, that the tax is only applied to i ...

NCCR Climate2010

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