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Bitcoin, as well as many of its successors, require the whole transaction record to be reliably acquired by all nodes to prevent double-spending. Recently, many blockchains have been proposed to achieve scale-out throughput by letting nodes only acquire a ...
Cross-country differences in austerity, defined as government purchases below forecast, account for 75 percent of the observed cross-sectional variation in GDP in advanced economies during 2010-2014. Statistically, austerity is associated with lower GDP, l ...
Research Summary Research on necessity entrepreneurship has generated important insights, yet it views necessity entrepreneurs in developed countries as one encompassing group of unemployed individuals-ignoring that the level of need is not uniform but ins ...
Greenhouse gas emission inventories form the basis of evidence-based climate change planning across the local, regional, national and international levels. However, the method employed in producing these inventories can greatly influence the final accounts ...
We consider optimal information acquisition for the control of linear discrete-time random systems with noisy observations and apply the findings to the problem of dynamically implementing emissions-reduction targets. The optimal policy, which is provided ...
EPFL scientists will soon be heading off to Antarctica, where they will spend four months collecting reams of meteorological data at Australia’s Davis research station. You can follow their progress on the school’s blog: EPFL Out There. ...
We consider optimal information acquisition for the control of linear discrete-time random systems with noisy observations and apply the findings to the problem of dynamically implementing emissions-reduction targets. The optimal policy, which is provided ...
We examine austerity in advanced economies since the Great Recession. Austerity shocks are reductions in government purchases that exceed reduced-form forecasts. Austerity shocks are statistically associated with lower real GDP, lower inflation and higher ...
Harvesting the numerous small scale hydroelectric potential is a way to increase the sustainable hydraulic energy production in developed countries. The condition to meet economical profitability with pico power stations - below 25 kW - is to minimize the ...
This paper evaluates the performance of national higher education systems in 48 countries as measured with 20 variables grouped under the four headings of Resources, Environment, Connectivity and Output. Rankings within each module are then combined into a ...
