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How much additional tax revenue can the government generate by increasing labor income taxes? In this paper we provide a quantitative answer to this question, and study the importance of the progressivity of the tax schedule for the ability of the governme ...
Liberalization and the introduction of sector-specific regulators has caused the position of State-owned enterprises (SOEs) of network industries to change not only within national economies, but also vis-a-vis their respective States. In response, many SO ...
This paper focuses on a production planning problem in a highly automated manufacturing system considering multiple process plans with different energy requirements. The system consists of several closely interconnected sub-systems such as the processing s ...
This paper presents the comparison of decentralized and centralized market settings in terms of economic efficiencies, particularly price signals, and operating aspects. The decentralized dispatch consists of an energy auction separated from a contingency ...
Efficient and accurate planning of fingertip grasps is essential for dexterous in-hand manipulation. In this work, we present a system for fingertip grasp planning that incrementally learns a heuristic for hand reachability and multi-fingered inverse kinem ...
We compare the performance of the perturbation-based (local) portfolio solution method of Devereux & Sutherland (2010a, 2011) with a global solution method. As a test suite we use model specifications that broadly capture features of international financia ...
Consideration for the energy consumption and environmental impacts is required depending on the changed capacity under a flexible and reconfigurable manufacturing environment. This article focuses on a holistic production planning approach in a reconfigura ...
The robustness of smart grids is challenged by unpredictable power peaks or temporal demand oscillations that can cause blackouts and increase supply costs. Planning of demand can mitigate these effects and increase robustness. However, the impact on consu ...
Institute of Electrical and Electronics Engineers2014
We study the existence and uniqueness of Nash equilibria for a certain class of aggregative games with finite and possibly large number of players. Sufficient conditions for these are obtained using the theory of variational inequalities together with the ...
Over the past years many corporate business leaders have started to shift their strategy from a pure profit seeking one towards a balance in simultaneously striving to achieve economic, environmental and social goals (Elkington 1998; Preuss 2007; Roth 2009 ...
