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The railway reforms introduced since the nineties tend to spread responsibilities among different actors involved in the management of the railway system. On the other side, the governmental organisations are forced to boost the productivity of their railw ...
This paper presents a methodology for increasing the reliability of route suggestions in route guidance systems. The procedure, based on the A* path-finding algorithm and Chen's link penalty method, involves penalizing links with a high risk of being conge ...
To be able to take effective and efficient decisions leading to transparent and comparable results between different risk situations, a consistent and systematic risk management process has to be followed (in this context called “integral risk management”) ...
[ 1] A large gas cloud erupted unexpectedly in 1986 from Lake Nyos, the larger of the two Cameroonian "Killer Lakes,'' with devastating consequences. Regular monitoring subsequently revealed that the deep water of the lake was gradually recharged with CO2. ...
We propose, a recursive data driven risk estimation method for non-linear iterative: deconvolution. Our two main contributions are 1) a solution domain risk-estimation approach that is applicable to nonlinear restoration algorithms for ill-conditioned inve ...
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This thesis describes the development of three conceptual models built to serve as decision support tools in liberalised electricity markets. The introduction of competition, higher uncertainty and decentralised planning requires new planning and analysis ...
Traditionally, urban water services were characterised by local monopolies, where the incumbent was publicly-owned. This was explained by safety, health, economic, and technological reasons related to the sector's specificities. However, in spite of this, ...
In the standard real options approach to investment under uncertainty, agents formulate optimal policies under the assumptions of risk neutrality or perfect capital markets. However, in most situations, corporate executives face incomplete markets either b ...
Risks related to the supply security of natural gas within the European Union gained in particular in importance in the context of the recent market liberalization. Prior to market opening the issue of security of supply has been principally covered by the ...
The objective of this paper is to present the operating and hedging analysis of a hydroelectric system in a non-hydro dominated market using a specifically-developed tool for operating and contracting decisions. Hydropower companies are likely to face stoc ...
