Publications associées à Retour sur investissement

Timing and spatial selection bias in rapid extreme event attribution

Anthony Christopher Davison, Ophélia Mireille Anna Miralles

Selection bias may arise when data have been chosen in a way that subsequent analysis does not account for. Such bias can arise in climate event attribution studies that are performed rapidly after a devastating "trigger event'', whose occurrence correspon ...

ELSEVIER2023

Between the Pattern and the Type: A short parallel story

Vasileios Chanis

Historically speaking, the notion of the type was reintroduced to the larger architectural discourse as a direct consequence of the crisis of the Modern. The task of revisiting the forms of the past also dictated the return of architectural methods that ha ...

2023

Optimal sizing and siting of energy storage systems considering curtailable photovoltaic generation in power distribution networks

Fabrizio Sossan, Rahul Kumar Gupta

This work proposes a method for optimal planning (sizing and siting) energy storage systems (ESSs) in power distribution grids while considering the option of curtailing photo-voltaic (PV) generation. More specifically, for a given PV generation capacity t ...

2023

Enhancing Flood Resilience: Sediment Management in Le Bez Torrent

Giovanni De Cesare, Azin Amini, Romain Nathan Hippolyte Merlin Van Mol

In the canton of Bern, Switzerland, the “Le Bez” torrent is known for its flash floods, causing sediment and wood debris buildup in Villeret village settled on the alluvial fan. To mitigate this issue, a sediment/wood trap system is being implemented upstr ...

Swiss Academy of Sciences (SCNAT)2023

Techno-economic and environmental impact assessment of an olive tree pruning waste multiproduct biorefinery

Elia Mercedes Ruiz Pachon

This work focuses on the economic performance and environmental assessment of two biorefinery schemes using 100 t/day of olive tree pruning waste as feedstock. The first scheme is based on a multiproduct biorefinery producing 6363.64 m3/yr of ethanol, 999. ...

ELSEVIER2022

Agency conflicts and short- versus long-termism in corporate policies

Erwan Morellec

We build a dynamic agency model in which the agent controls both current earnings via short-term investment and firm growth via long-term investment. Under the optimal contract, agency conflicts can induce short- and long-term investment levels beyond firs ...

ELSEVIER SCIENCE SA2020

Re-evaluating natural resource investments under uncertainty: An alternative to limited traditional approaches

Sebastian Maier

The need to evaluate natural resource investments under uncertainty has given rise to the development of real options valuation; however, the analysis of such investments has been restricted by the capabilities of existing valuation approaches. We re-visit ...

2021

Three Essays in Banking and Finance

Damien Olivier Klossner

This thesis develops three models that study the motivation of various agents to take on debt, and the impact that excessive financial leverage can have on social welfare. In the chapter "Short-term Bank Leverage and the Value of Liquid Reserves", the ince ...

EPFL2019

An Optimisation Approach for Long-Term Industrial Investment Planning

François Maréchal, Ivan Daniel Kantor, Hür Ebuzer Bütün

The industrial sector has a large presence in world energy consumption and CO2 emissions, which has made it one of the focal points for energy and resource efficiency studies. However, large investments are required to retrofit existing industrial plants, ...

2019

Hedge or Rebalance: Optimal Risk Management with Transaction Costs

Semyon Malamud

We solve the problem of optimal risk management for an investor holding an illiquid, alpha-generating fund and hedging his/her position with a liquid futures contract. When the investor is subject to a lower bound on net return, he/she is forced to reduce ...

2018