Concept

Marginal rate of substitution

Related publications (21)

Monotonicity in the trip scheduling problem

Nikolaos Geroliminis, Raphael Ali Francis Lamotte

The equilibrium of the archetypal morning commute problem with alpha -,B - gamma preferences has been shown to be unstable with various rational adjustment mechanisms, under both continuous and discrete day-to-day dynamics. It is not clear however whether ...

PERGAMON-ELSEVIER SCIENCE LTD2021

How Forward-Scattering Snow and Terrain Change the Alpine Radiation Balance With Application to Solar Panels

Michael Lehning, Annelen Kahl

Rough terrain in mid- and high latitudes is often covered with highly reflective snow, giving rise to a very complex transfer of incident sunlight. In order to simplify the radiative transfer in weather and climate models, snow is generally treated as an i ...

AMER GEOPHYSICAL UNION2021

Optimum design of low environmental impact structures through component reuse

Jan Friedrich Georg Brütting

Load-bearing systems (structures) in buildings and infrastructure contribute to a significant share of adverse environmental impacts (EI) because of resource- and energy-intensive fabrication. A currently overlooked circular economy strategy to reduce EI i ...

EPFL2020

Scheduling trips through a bottleneck: monotonicity and stability

Nikolaos Geroliminis, Raphael Ali Francis Lamotte

This paper investigates the stability of departure time choice within a population of commuters that need to pass through a bottleneck of constant capacity. It is shown that the corresponding utility function is monotonic if and only if the marginal utilit ...

2019

Equilibrium commodity prices with irreversible investment and non-linear technologies

Pierre Collin Dufresne

We model oil price dynamics in a general equilibrium production economy with two goods: a consumption good and oil. Production of the consumption good requires drawing from oil reserves at a fixed rate. Investment necessary to replenish oil reserves is cos ...

2018

Calcined clay limestone cements (LC3)

Karen Scrivener, Shashank Bishnoi

The use of supplementary cementitious materials (SCMs) to replace part of the clinker in cement is the most successful strategy to reduce CO2 emissions in the global cement industry. However, limited supplies of conventional SCMs make it difficult to take ...

PERGAMON-ELSEVIER SCIENCE LTD2018

An integrator-differentiator TIA using a multi-element pseudo-resistor in its DC servo loop for enhanced noise performance

Georg Fantner, Jens Anders

In this paper, we present an integrator-differentiator transimpedance amplifier (TIA) featuring a multielement pseudo-resistor (MEPR) in the DC feedback path for improved noise performance in the presence of non-zero DC input currents. The presented protot ...

IEEE2018

Parameter Learning in General Equilibrium: The Asset Pricing Implications

Pierre Collin Dufresne

Parameter learning strongly amplifies the impact of macroeconomic shocks on marginal utility when the representative agent has a preference for early resolution of uncertainty. This occurs as rational belief updating generates subjective long-run consumpti ...

American Economic Association2016

Variational Monte Carlo investigation of SU(N) Heisenberg chains

Frédéric Mila, Pierre Marcel Nataf, Jérôme Dufour

Motivated by recent experimental progress in the context of ultracold multicolor fermionic atoms in optical lattices, we have investigated the properties of the SU (N) Heisenberg chain with totally antisymmetric irreducible representations, the effective m ...

2015

Optimal water allocation in small hydropower plants between traditional and non-traditional water users: merging theory and existing practices

Paolo Perona, Benoît Crouzy, Lorenzo Gorla

Water demand for hydropower production is increasing together with the consciousness of the importance of riparian ecosystems and biodiversity. Some Cantons in Switzerland and other alpine regions in Austria and in Süd Tiröl (Italy) started replacing the i ...

2014

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