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This paper studies the effects of sharing markets on the prices for new products and on product design in terms of durability. In a dynamic economy with overlapping generations, consumers take strategic purchasing decisions, anticipated by a durable-goods ...
The effect of investing in equipment and/or structures on TFP and long run growth is investigated here. We argue that economies can grow in spite of stagnant TFP if the investment rate is inefficiently high. We study the case of Spain where real GDP per wo ...
A regional resource flow model is applicable for examining the resource efficiency at a regional level and at different scales varying from regions to urban areas and also smaller local development project areas. The Jyväskylä region has been the first in ...
This thesis develops a unified framework for modeling and solving various classes of rich routing problems with stochastic demands, including the VRP and the IRP. The work is inspired by the problem of collecting recyclables from sensorized containers in G ...
Chemical process optimization problems often have multiple and conflicting objectives, such as capital cost, operating cost, production cost, profit, energy consumption and environmental impact. There are several conversion technologies that can convert Sy ...
In this paper, we present a methodology for estimating the protection levels of critical equipment against IEMI. We apply the method to a wireless communication infrastructure, but it can be applied to any critical infrastructure. The required protection l ...
This paper presents a method to verify closed-loop properties of optimization-based controllers for deterministic and stochastic constrained polynomial discrete-time dynamical systems. The closed-loop properties amenable to the proposed technique include g ...
Energy policy needs to rely on the proper understanding of the interactions between policy instruments, consumer preferences, investment behavior, market structure, electricity supply, and the wider policy environment. This asks for appropriate modeling to ...
In this study the influence of tip leakage on the performance of a small-scale fan is evaluated through computational fluid dynamics. ANSYS CFX Release 18.1 is employed for the numerical simulations, the results are extracted, analyzed and compared to the ...