In energy policy, energy efficiency constitutes a central element in reducing domestic and, specifically, industrial en-ergy use. Unfortunately, the effectiveness of energy efficiency improvements in achieving its targets is known to be limited by rebound ...
Tourism could be greatly affected by climate change due to its strong dependence on weather. In Switzerland, the sector represents an appreciable share of the economy. Thus, studying climate effects on tourism is necessary for developing adequate adaptatio ...
The UNFCCC has stated that energy policies and measures to address climate change should be cost-effective to ensure global benefits at the lowest possible cost. To mitigate the bulk of carbon emission from the electricity sector, a large market penetratio ...
We model oil price dynamics in a general equilibrium production economy with two goods: a consumption good and oil. Production of the consumption good requires drawing from oil reserves at a fixed rate. Investment necessary to replenish oil reserves is cos ...
The recent economic sanctions against Russia can jeopardise the sustainability of the European Union's (EU) energy supply. Despite the EU's strong commitment to stringent abatement targets, fossil fuels still play a significant role in the EU energy policy ...
We extend Kyle's (1985) model of insider trading to the case where noise trading volatility follows a general stochastic process. We determine conditions under which, in equilibrium, price impact and price volatility are both stochastic, driven by shocks t ...
We study the effect of energy-storage systems in dynamic real-time electricity markets. We consider that demand and renewable generation are stochastic, that real-time production is affected by ramping constraints, and that market players seek to selfishly ...
Observations of traffic pairs of flow vs. density or occupancy for individual locations in freeways or arterials are usually scattered about an underlying curve. Recent observations from empirical data in arterial networks showed that in some cases by aggr ...
Environmental Context. The chemical speciation of trace metals greatly influences their biological effects. Nonetheless, no clear consensus currently exists as to when metal complexes are bioavailable, especially for field conditions. Recently, the USA EPA ...
This paper proposes a computable dynamic game model of the strategic competition between Russia and developing countries (DCs), mainly represented by China, on the international market of emission permits created by the Kyoto Protocol. The model uses a for ...
