"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 natural resources towards a non-reversible situation. Current solutions have to be adapted, and alternative (desirably sustainable) sources have to be found. With growth assured du ...
Institute of Thermal Technology, Silesian University of Technology2019
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 ...
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 ...