This paper analyzes the relationship between inflation, output and government size by reexamining the time inconsistency of optimal monetary and fiscal policies in a general equilibrium model with staggered timing structure for the acquisition of nominal m ...
Studies on preferences for environmental quality usually posit that price and income explain most of the observed choices. However, we argue that conceptions of social norms and the common good are equally important when analyzing environmental voting outc ...
In the European electricity market, transmission rights currently evolve from a physical to a financial nature. This requires a fundamental change in the underlying market design and the institutional setup. This paper applies the framework of congestion r ...
The residential sector presents a great potential for greenhouse gases (GHG) mitigation. We perform an integrated assessment of different mitigation policies for Switzerland focusing on the residential sector. We analyze the case of pure incentive taxes an ...
The purpose of this paper is to assess and compare regional welfare costs associated with alternative multi-gas strategies for a stabilization of global greenhouse gases (GHG) emissions in the long run. Mitigation costs of non-CO2 greenhouse gases are inte ...
Areawide Dynamic ROad traffic NoisE simulator-DRONE, been has developed by the integration of a road traffic noise prediction model (ASJ MODEL-1998) with road traffic simulator (AVENUE) which is further linked with GIS to provide areawide dynamic road traf ...
An optimal planning method is proposed for the renewal planning problem of an energy supply system installed into building from economic viewpoint. In this method, the objective function to be minimized is the average annual total cost during the evaluatio ...