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This thesis analyzes the interrelation between market structure and price formation in credit derivatives markets. Traditionally, credit derivatives are traded in relatively opaque over-the-counter markets in which trading is segmented and subject to many ...
Multi-user communication theory typically studies the fundamental limits of communication systems, and considers communication schemes that approach or even achieve these limits. The functioning of many such schemes assumes that users always cooperate, eve ...
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 ...
"Coasean" institutions are an alternative institutional form that provides a solution to some market and coordination failures. As such they can weaken considerably the case for public subsidies in a vast range of context. They are "market-based" and an in ...
The increasing demand for heat, electricity, fuels and chemicals is pushing naturalresources towards a non-reversible situation. Current solutions have to be adapted,and alternative (desirably sustainable) sources have to be found. With growth as-sured due ...
Institute of Thermal Technology, Silesian University of Technology2019
This paper illustrates a methodology developed to facilitate the analysis of complex systems characterized by a large number of technical, economical and environmental parameters. Thermo-economic modeling of a natural gas combined cycle including CO2 separ ...
The dynamic and efficient usage of the resources is one of the fundamental aspects studied in the DIANA project: at first the traffic specification should reflects the real traffic demand, but, at the same time, optimize the resources requested. In applica ...
